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$540,000
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Property Description
First time on the market in over 40 years! This rare offering features two detached homes on one corner lot, each with its own address, garage, and private fenced yard. Long-term family owned and occupied, this property presents incredible potential for multi-generational living, investment, or dual rental income. The main residence is located at 197 E 7th St, while the secondary home sits at 704 S Perris Blvd. Both units offer 2 bedrooms and 1 bathroom, along with their own attached garages and separate yards for privacy. The unit at 704 S Perris Blvd has been tastefully updated, showcasing an upgraded kitchen, updated flooring, modern recessed lighting, and more. Each home also features the comfort and efficiency of mini-split heating and cooling systems, providing year-round climate control. Set on a corner lot with dual addresses, this property offers flexibility-live in one and rent the other, keep both as income-producing units, or create a family compound with space for everyone. The location is convenient to local schools, shopping, dining, parks, and commuter routes, making it a desirable spot for both residents and tenants alike. Homes with this kind of versatility and pride of ownership rarely come to market. Don't miss this exceptional opportunity to secure a property with endless possibilities in the growing city of Perris.
Full Property Details
Full Property Details for 197 E 7th St
General
- Sold For: $540,000
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: SW25218395
- Added to Site: 122 day(s) ago
Interior
- Interior Features: Ceiling Fan(s)
- Fireplace(s): None
Rooms
Other Rooms
- Laundry: Inside, Outside
Additional Information
- Pool Description: None
Parking
- Garage Spaces: 2
- Parking Features: Direct Garage Access, Driveway, Garage
- Parking: Garage (Direct Access), Driveway, Garage
Location
- Area: SRCAR - Southwest Riverside County
- County: Riverside
- Development Name: SRCAR - Southwest Riverside County
- Driving Directions: Located on the corner of E 7th St and S Perris Blvd
Heating & Cooling
- Cooling Type: Ductless
- Heating Type: Ductless
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 2
- # Electric Meters: 2
Structural Information
- Entry Location: front
- Stories/Levels: One
- Stories Description: One
- Square Feet: 2,272
- Year Built: 1958
Unit Information
Unit 1
- Number of Units: 2
- Total Bathrooms: 1
- Bedrooms: 2
Lot Features
- Lot Size (Acres): 0.17
- Lot Size Source: Assessor
- Lot Description: Corner Lot
Financial Considerations
- Price Per Sq. Ft.: $237.68
- Price Per Unit: 274950
Listed by Century 21 Masters, Lauren Espey
Sold by Manna Realty, Olaf Kilthau
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Schools
Schools serving 197 E 7th St
School Districts:Perris Union High School District, Perris Elementary School District
| Name | Grades | Distance |
|---|---|---|
Perris Elementary School 500 A St., Perris, CA 92571 | K-6 | 0.5 mi |
Pinacate Middle School 1990 South A Street, Perris, CA 92570 | 7-8 | 1.1 mi |
Perris High School 175 East Nuevo Road, Perris, CA 92571 | 9-12 | 1.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 197 E 7th St
Date
Details
Price
Change
Source
12/05/2025
Sold
$540,000
-1.8%
MLS
9/16/2025
Listed
$549,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
197 E 7th Street, Perris, CA 92570 (MLS# SW25218395) is a Multi-Family property that was sold at $540,000 on December 05, 2025. Want to learn more about 197 E 7th Street? Do you have questions about finding other Multi-Family real estate for sale in Perris? You can browse all Perris real estate or contact a Coldwell Banker agent to request more information.

