688 W Nicolet Street, Banning, CA 92220 (MLS # SW25168552)

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PRICE $600,000 dsIDX morgage calculator
BEDS 6
BATHS 4
HOME SIZE 2,200 sqft
LOT SIZE 19,602 sqft

Exceptional investment opportunity in the heart of Banning, CA! This unique property features FOUR separate income-producing structures on one spacious lot "” two 2-bedroom, 1-bathroom units and two 1-bedroom, 1-bathroom units. Whether you're looking to build your rental portfolio, create a multi-generational living setup, or live in one and rent the others, the possibilities are endless. Each unit offers its own private entrance and yard space, ideal for tenant privacy and comfort. The property is conveniently located near shopping, schools, freeway access, and just minutes from the expanding Downtown Banning area. With strong rental potential and a layout perfectly suited for maximizing cash flow, this property is a rare find. Don't miss out on this versatile and high-demand investment! NEIGHBORING PROPERTY CAN ALSO BE INCLUDED - SEE SW25135253. DON'T MISS OUT.

DAYS ON MARKET 56 LAST UPDATED 8/16/2025
TRACT Terrain Estates YEAR BUILT 1964
COMMUNITY 263 - Banning/Beaumont/Cherry Valley COUNTY Riverside
STATUS Conditional PROPERTY TYPE(S) Single Family


ADDITIONAL DETAILS
AIR None
AREA 263 - Banning/Beaumont/Cherry Valley
HEAT None
LOT 0.45 acre(s)
POOL DESCRIPTION None
SEWER Public Sewer
STORIES 1
SUBDIVISION Terrain Estates
VIEW Yes
VIEW DESCRIPTION Mountain(s)
WATER Public
MORTGAGE CALCULATOR
   

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Listed with Realty Masters & Associates

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of 9/18/25 6:23 PM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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