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Palm Springs, CA Multifamily Homes & Duplexes for Sale

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  • /50

    $1,375,000

    • 6 Beds
    • 6 Baths
    • 3,744 Sq Ft

    1674 S Via Salida, Palm Springs, CA 92264

    Stylish, sun-soaked, and investor ready, this gated 6-unit gem embodies iconic Palm Springs living with sweeping mountain views, swaying palms, and a picture-perfect pool at its heart. Located in the highly walkable Tahquitz River Estates neighborhood, where it meets trendy Twin Palms and is just a stone's throw from the coveted Deepwell Estates, you're also a short hop from the ACE Hotel, Koffi,

    Brady Sandahl Keller Williams Luxury Homes

    1674 S Via Salida, Palm Springs, CA 92264
  • /16

    $1,195,000

    • 3 Beds
    • 3 Baths
    • 1,776 Sq Ft

    594 S Calle Encilia, Palm Springs, CA 92264

    Centrally located in the Warm Sands neighborhood of Palm Springs, this duplex sits on a corner lot with direct mountain views. The western unit features two bedrooms and two bathrooms, and the eastern unit includes one bedroom, one bathroom, and an additional office. Renovated in 2019, the property includes updated kitchens, appliances, fixtures, Corian countertops, and KitchenAid cabinetry in

    Ttk Represents Compass

    594 S Calle Encilia, Palm Springs, CA 92264
  • /14

    $357,700

    • 2 Beds
    • 2 Baths
    • 1,178 Sq Ft

    2601 S Broadmoor Dr Unit 51, Palm Springs, CA 92264

    Welcome to this amazing move-in-ready 2-bedroom, 2-bath upstairs condo located in a highly desirable Palm Springs community. This spacious unit features a bright, open floor plan with excellent separation between the living area and bedrooms, highlighted by a custom glass door that adds both style and privacy. tasteful upgrades throughout, including 20-inch tile flooring, crown molding in the

    Brian Meuse Desert Sky Real Estate Inc

    2601 S Broadmoor Dr Unit 51, Palm Springs, CA 92264
  • /24

    $3,415,000

    • 3 Beds
    • 3 Baths
    • 18,304 Sq Ft

    509 561 S Highland Dr, Palm Springs, CA 92264

    509 & 561 South Highland Drive is a 2-property, 21-unit multifamily investment portfolio located in Palm Springs, CA. Situated on two neighboring parcels encompassing a combined 0.93 acres, 509 & 561 South Highland Drive offer a mix of studio, one, and two-bedroom floor plans. The majority of the units feature one bedroom, along with 2, studio units and 3, two-bedroom units - ideally suited for

    Tyler Leeson Marcus & Millichap RE Invest

    509 561 S Highland Dr, Palm Springs, CA 92264
  • /8

    $2,100,000

    • 11 Beds
    • 12 Baths
    • 5,600 Sq Ft

    1425 S Via Soledad, Palm Springs, CA 92264

    Beautifully updated completely renovated mid-century modern. Each of the 5 units have new granite top stainless steel appliances, all new marble and stone flooring. Fully furnished. Can be used for short or long term rentals, hotel or rehab. Peaceful, center pool with water fountains throughout, an entertainers delight. Delivered completely vacant. Quiet residential street in south Palm Springs.

    Robert Weinstein Robert Weinstein

    1425 S Via Soledad, Palm Springs, CA 92264
  • /45

    $1,525,000

    • 1 Bed
    • 1 Bath
    • 3,890 Sq Ft

    525 S Thornhill Rd, Palm Springs, CA 92264

    Welcome to 525 S Thornhill Rd, an exceptional five-residence multifamily offering nestled in the timeless allure of Palm Springs. This boutique investment property blends stable income performance with remarkable long-term upside, making it a rare opportunity in one of Southern California's most sought-after destinations.Currently 80% occupied, minus the owner's unit which will generate $2000 per

    Richard MacMillan HomeSmart

    525 S Thornhill Rd, Palm Springs, CA 92264
  • /29

    $999,999

    • 3 Beds
    • 4 Baths
    • 2,885 Sq Ft

    589 S Mountain View Dr, Palm Springs, CA 92264

    Welcome to this stunning home located in one of Palm Springs' most desirable neighborhoods. This versatile property is ideal as a primary residence (or 2nd home), rental income property, or short-term rental (buyer to verify with City pertaining to allowance of SRT, permits, fees, etc). The front unit features three spacious bedrooms, two of which are ensuite, and three modern bathrooms, along

    Arthur Bertikyan Keller Williams Realty-Studio City

    589 S Mountain View Dr, Palm Springs, CA 92264
  • /32

    $1,100,000 Open Sun 12PM - 3PM

    • 3 Beds
    • 4 Baths
    • 2,200 Sq Ft

    610 S Camino Real, Palm Springs, CA 92264

    Stylish, and perfectly located duplex in Palm Springs' sought-after Warm Sands neighborhood. This property offers exceptional privacy with mature Ficus trees surrounding the property that creates a secret garden oasis with both units opening to a sparkling pool and spa. Live in one unit while generating rental income from the second or lease both for long-term investment or vacation rental

    Robert Cowles Equity Union

    610 S Camino Real, Palm Springs, CA 92264
  • /15

    $1,150,000

    • 1 Bed
    • 4 Baths
    • 3,721 Sq Ft

    490 S Compadre Rd, Palm Springs, CA 92264

    A great opportunity for the renovation, re-development or land of the former Kiddie Kollege location in central Palm Springs. This is a corner lot, just under 1/2 acre and zoned R-2. The existing building measures 3,721 SF and contains classrooms, bathrooms and a residential unit. Fantastic mountain views from the enclosed courtyard and plenty of parking.

    Jim Caldwell Jr. Compass

    490 S Compadre Rd, Palm Springs, CA 92264
  • /39

    $7,999,888

    • 3 Beds
    • 2 Baths
    • 37,700 Sq Ft

    495 E Twin Palms Dr, Palm Springs, CA 92264

    The Twin Palms Villas lot totals at 2.34 acres and consisting of 5 buildings and multiple parking lots. The property is located at 495 E Twin Palms Drive, Palm Springs, CA, and is conveniently located a short distance from the Downtown Palm Springs, the Historic Tennis Club, the Palm Springs Art Museum, the Palm Springs International Airport & many major regional employers. This 51 unit apartment

    Darren Correa LE INVESTMENT GROUP

    495 E Twin Palms Dr, Palm Springs, CA 92264
  • /27

    $760,000

    • 4 Beds
    • 4 Baths
    • 1,830 Sq Ft

    555 E Calle Roca, Palm Springs, CA 92264

    Welcome to 555 E Calle Rocca in sunny Palm Springs a fully renovated duplex that effortlessly blends vintage charm with modern convenience. With a total of 1,830 square feet of living space, this flexible property includes two separate units, each featuring 2 spacious bedrooms and 2 full bathrooms. Originally built in 1946, the home has been thoughtfully updated while preserving the iconic Palm

    Neal Nussbaum HomeSmart Professionals

    555 E Calle Roca, Palm Springs, CA 92264
  • /56

    $1,500,000

    • 8 Beds
    • 6 Baths
    • 4,150 Sq Ft

    587 S Calle Ajo, Palm Springs, CA 92264

    Charming 6-Unit Investment Opportunity in Prime Palm Springs! Located in the highly desirable Warm Sands neighborhood, this well-maintained six-unit apartment complex offers a rare opportunity just minutes from the best of downtown Palm Springs. The property consists of four one-bedroom units and two two-bedroom units, each featuring private patios and in-unit laundry amenities that significantly

    Brady Sandahl Keller Williams Luxury Homes

    587 S Calle Ajo, Palm Springs, CA 92264
  • /16

    $3,125,000

    • 1 Bed
    • 1 Bath
    • 19,602 Sq Ft

    2303 N Indian Canyon Dr, Palm Springs, CA 92262

    Olivera Apartments, a 20-unit multifamily investment opportunity located in the heart of Palm Springs, CA.Located at 2303 N Indian Canyon Dr in the vibrant Uptown neighborhood, this fully occupied property consists of one-bedroom, one-bath units and sits on 0.45 acres with 20 on-site parking spaces. Built in 1966, Olivera features a well-maintained two-story layout with desirable

    Bill Melton PAEZ REALTY COMPANY

    2303 N Indian Canyon Dr, Palm Springs, CA 92262
  • /67

    $10,500,000

    • 40 Beds
    • 40 Baths
    • 30,000 Sq Ft

    526 S Warm Sands Dr, Palm Springs, CA 92264

    Welcome to the Exotic Dreams Hotel -- a rare and iconic hospitality offering in the heart of Palm Springs. This 40-room boutique hotel blends mid-century and spanish charm with modern upgrades, providing a unique investment opportunity or an exceptional addition to any hospitality portfolio.Spanning multiple structures across lushly landscaped grounds, the property features three sparkling pools,

    Adam Gilbert The Firm Brokerage

    526 S Warm Sands Dr, Palm Springs, CA 92264
  • /29

    $219,000

    • 1 Bath
    • 400 Sq Ft

    314 E Stevens Rd Unit 10, Palm Springs, CA 92262

    Lantana Lodge is a unique poolside complex close to town and amenities. This studio condo features a private oversize wrap-around patio, giving you a lot of extra room for bonus living, dining and relaxation space. The prime location is a walkers paradise- 3-5 blocks to several popular restaurants, The Riviera and Arrive Hotels, Desert Regional Hospital and Uptown Shopping and Dining. Stroll

    CJ Johnson Socalhomeshop Inc.

    314 E Stevens Rd Unit 10, Palm Springs, CA 92262
  • /53

    $1,195,000

    • 8 Beds
    • 8 Baths
    • 4,372 Sq Ft

    965 E Vista Chino, Palm Springs, CA 92262

    Exceptional investment opportunity in the heart of Palm Springs - walking distance to downtown. Four-unit Apartment Building offered for sale, providing stable income and future value-add opportunity! Building (4-plex) offers Four sizable 2-bedroom/2-bath apartments, each with private patios, their own washer/dryer and enclosed 1-car garage. Upstairs units have amazing mountain views! Building is

    David Goldberg Coldwell Banker Realty

    965 E Vista Chino, Palm Springs, CA 92262
  • /30

    $1,195,000

    • 8 Beds
    • 8 Baths
    • 4,048 Sq Ft

    959 E Vista Chino, Palm Springs, CA 92262

    Exceptional investment opportunity in the heart of Palm Springs - walking distance to downtown. Two neighboring (4) Four-unit Apartment Buildings being offered individually for sale, providing stable income and future value-add opportunity -- buy one or buy them both for increased ROI. Each building (4-plex) offers Four sizable 2-bedroom/2-bath apartments, each with private patios, its own

    David Goldberg Coldwell Banker Realty

    959 E Vista Chino, Palm Springs, CA 92262
  • /23

    $1,350,000

    • 2 Beds
    • 1 Bath
    • 10,019 Sq Ft

    520 S Desert View Dr, Palm Springs, CA 92264

    Seller Financing Available!The Dots Apartments was completely renovated and is in excellent condition offering the new owner a turnkey, low-maintenance asset with immediate cash flow. The properties highly desirable unit mix consist of all two-bedroom one-bathroom units with private patios/backyards. Tenants enjoy open floor plans, large double-pane windows, and high-quality vinyl plank

    Bill Melton PAEZ REALTY COMPANY

    520 S Desert View Dr, Palm Springs, CA 92264

Why Live in Palm Springs

Palm Springs captivates residents with its stunning desert landscape and year-round outdoor recreation. The Palm Springs Aerial Tramway carries adventurers from the desert floor to the San Jacinto Mountains, while hiking trails through Indian Canyons reveal the ancestral home of the Agua Caliente Band of Cahuilla Indians. The city's cultural scene thrives with the Palm Springs Art Museum's focus on mid-century modern design and the Palm Springs Air Museum's collection of vintage aircraft. Every Thursday evening, downtown comes alive during VillageFest street fair. Residents enjoy easy access to Joshua Tree National Park and the Coachella Valley Preserve's hidden oases.

The Palm Springs housing market features diverse options across distinct neighborhoods. The median sale price in Palm Springs is $639,000. Single family homes command a median price of $1,050,000, with luxury properties in Old Las Palmas reaching a median of $3,750,000. The Movie Colony and Vista Las Palmas neighborhoods see median single family home prices of $2,650,000 and $2,575,000 respectively. More attainable options exist in condominiums, with one bedroom units at a median price of $272,000 and two bedroom units at $455,000.

The cost of living sits 20.5% above the national average. A family with school age children needs approximately $127,000 annually to live comfortably, while renters should aim for $62,000. Property taxes remain consistent across Riverside County at 0.82%. The city has strong educational options, including Palm Springs High School which earned an A minus rating from Niche. The desert climate brings mild winters between 40 to 70°F and very hot summers exceeding 100°F, with about 350 sunny days annually.

Home Trends in Palm Springs, CA

Housing Trends

Median Sale Price
$715,000
Median Single Family Sale Price
$950,000
Median Townhouse Sale Price
$465,000
Median 2 Bedroom Sale Price
$479,000
Median 1 Bedroom Sale Price
$238,500
Average Price Per Sq Ft
$493
Number of Homes for Sale
558
Last 12 months Home Sales
1,119
Months of Supply
6.00
Median List Price
$789,000
Median Change From 1st List Price
5%
Median Home Sale Price YoY Change
2%
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