16

Palm Springs, CA Multifamily Homes & Duplexes for Sale

Section Image Section Image
  • /52

    $1,790,000

    • 4 Beds
    • 4 Baths
    • 5,239 Sq Ft

    225 S Cahuilla Rd, Palm Springs, CA 92262

    4-Unit Income Property in Prime Palm Springs LocationLocated in the sought-after Historic Tennis Club neighborhood just two blocks from downtown Palm Springs, this 4-unit apartment building offers a solid investment opportunity with strong appeal for long-term or short-term rental strategies. The property consists of four 1-bedroom, 1-bath units--three located on the ground level and one

    Agent Photo

    Sandra Quinn

    Luca Realty Trust, Inc.

    (442) 205-5931

    225 S Cahuilla Rd, Palm Springs, CA 92262
  • /16

    $3,250,000

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

    2303 N Indian Canyon Dr, Palm Springs, CA 92262

    Martinez & Associates, Inc. is proud to present 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

    Bill Melton PAEZ REALTY COMPANY

    2303 N Indian Canyon Dr, Palm Springs, CA 92262
  • /48

    $2,595,000

    • 13 Beds
    • 11 Baths
    • 8,100 Sq Ft

    2080 S Camino Real, Palm Springs, CA 92264

    Introducing 11 on Camino Real, an exceptional 11-unit multi-family investment opportunity located in the heart of South Palm Springs' desirable Twin Palms neighborhood. This well-maintained, single-story property offers approximately 8,100 square feet of living space on a half-acre lot, featuring private entrances, gated off-street parking, shared laundry facilities, and scenic mountain views.

    Kayla Toohey Coldwell Banker Realty

    2080 S Camino Real, Palm Springs, CA 92264
  • /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
  • /8

    $1,299,000

    • 10 Beds
    • 5 Baths
    • 3,120 Sq Ft

    4086 E Calle de Carlos, Palm Springs, CA 92264

    Five units in Demuth Park! SELLER WILL CARRY A FIRST TRUST DEED FOR A QUALIFIED BUYER! Each has two bedrooms and one bath. Four of the five are completely remodeled with new kitchens and baths, flooring, water heaters and washers and dryers. The fifth unit (not remodeled) is in very good condition with a long term tenant. Each unit has a private patio (new walls and slabs added) and each has off

    Michael Tristani Tristani Real Estate

    4086 E Calle de Carlos, Palm Springs, CA 92264
  • /19

    $3,950,000

    • 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. 509 & 561 South Highland isavailable in conjunction with 579 South Highland Drive, a 10-unit multifamily property. 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.

    Tyler Leeson Marcus & Millichap RE Invest

    509 561 S Highland Dr, Palm Springs, CA 92264
  • /6

    $1,800,000

    • 3 Beds
    • 3 Baths
    • 8,963 Sq Ft

    579 S Highland Dr, Palm Springs, CA 92264

    579 South Highland Drive is a 10-unit multifamily investment property located in Palm Springs, CA. 579 South Highland is available in conjunction with509 & 561 South Highland Drive, a 2-property, 21-unit multifamily portfolio. Situated on a spacious parcel measuring 0.47 acres, 579 South Highland Drive offers a mix of studio, one, and two-bedroom floor plans. The majority of the units feature

    Tyler Leeson Marcus & Millichap RE Invest

    579 S Highland Dr, Palm Springs, CA 92264
  • /28

    $1,199,000

    • 4 Beds
    • 4 Baths
    • 2,458 Sq Ft

    583 S Calle Abronia, Palm Springs, CA 92264

    Introducing a unique investment opportunity awaited by astute investors and developers alike. A charming quadraplex, minimal maintenance property, with few operating expenses, nestled in the scenic neighborhood of Palm Springs. This property boasts a diverse unit mix, including one spacious 2-bedroom, 1-bath unit, two comfortable 1-bedroom, 1-bath units, and one extra-large studio with one

    Brian Droze BPO HOMES INC.

    583 S Calle Abronia, Palm Springs, CA 92264
  • /56

    $825,000 Open Sat 11AM - 1PM

    • 3 Beds
    • 3 Baths
    • 1,490 Sq Ft

    689 E Camino Parocela, Palm Springs, CA 92264

    Charming Triplex in the Heart of Warm Sands.Welcome to a rare investment opportunity in the highly sought-after Warm Sands neighborhood of Palm Springs. This well-maintained triplex offers timeless desert charm, mountain views, and strong rental potential--just minutes from downtown.Each of the three units exudes classic California Bungalow character, with private outdoor spaces perfect for

    Tim Sarlund and Steven Richitt Keller Williams Luxury Homes

    689 E Camino Parocela, Palm Springs, CA 92264
  • /75

    $1,995,000

    • 6 Beds
    • 6 Baths
    • 3,764 Sq Ft

    975 E Camino Parocela, Palm Springs, CA 92264

    This unique 5-unit compound is located in the prime and much sought-after Warm Sands area of South Palm Springs. Centrally located and close to the Downtown Palm Springs Village. Fully gated & secure. Classic Mid-Century Modern architecture Garden-Style apartment complex. It can be operated as an apartment building, or live in one unit and rent out the rest, or convert it to a boutique hotel.

    Rick Chimienti Berkshire Hathaway HomeServices California Properties

    975 E Camino Parocela, Palm Springs, CA 92264
  • /29

    $243,900

    • 1 Bath
    • 400 Sq Ft

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

    This private corner-unit Lantana Lodge studio condo is flooded with natural light and features a private oversize wrap-around patio. The prime location is a walkers paradise- 3-5 blocks to several popular restaurants, The Riviera and Arrive Hotels, Uptown Shopping and Dining. Stroll Vista Las Palmas, the Movie Colony, Racquet Club East neighborhoods, each full of character and history. These

    CJ Johnson Socalhomeshop Inc.

    314 E Stevens Rd Unit 10, Palm Springs, CA 92262
  • /33

    $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
  • /48

    $2,900,000

    • 13 Beds
    • 13 Baths
    • 6,443 Sq Ft

    1595 S Indian Trail, Palm Springs, CA 92264

    Mid-century modern apartment community in prime Palm Springs location. Exceptional investment opportunity with rental income upside. Spacious units with pool views and private patios. Nine 1-bedroom units and two 2-bedrom 2-bath units. All separately metered for electricity and all currently on month-to-month leases. Nestled in the prestigious Tahquitz River Estates neighborhood across the street

    Mary Marx Berkshire Hathaway Home Services California Properties

    1595 S Indian Trail, Palm Springs, CA 92264
  • /19

    $899,000

    1315 N Indian Canyon Dr, Palm Springs, CA 92262

    Price adjustment! Unique opportunity to acquire this cozy, quiet, income producing 4 plex consisting of 4 studio apartments. Conveniently located in Central Palm Springs on N. Indian Canyon. There is private, gated parking for tenants. Fully rented with long term tenants. Some units have outdoor patio space. Most units have been updated. Great potential for income day one. All leases will be

    Sara Swanson BD Homes-The Paul Kaplan Group

    1315 N Indian Canyon Dr, Palm Springs, CA 92262
  • /19

    $899,000

    • 2 Beds
    • 1 Bath
    • 3,200 Sq Ft

    343 W Tramview Rd, Palm Springs, CA 92262

    THIS IS A SMOKING DEAL!!! CHECK OUT LATEST PALM SPRING SALE COMPS ATTACHED IN SUPPLEMENTS. PRICES RANGE FROM $1,035,000 TO $1,579,000! AND WE ARE ASKING $899,000!!! This fine 4Plex is located just off Highway 111, and just five minutes from downtown Palm Springs including tenant convenience shopping! These are really nice units that have been fixed up inside and out. SELLER WILL PROVIDE

    Tony Burton Burton Commercial, Inc.

    343 W Tramview Rd, 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
$625,000
Median Single Family Sale Price
$1,140,000
Median Townhouse Sale Price
$465,000
Median 2 Bedroom Sale Price
$431,725
Median 1 Bedroom Sale Price
$255,000
Average Price Per Sq Ft
$481
Number of Homes for Sale
399
Last 12 months Home Sales
1,470
Months of Supply
3.30
Median List Price
$699,900
Median Change From 1st List Price
5%
Median Home Sale Price YoY Change
-5%
How to Buy a Home How to Finance a Home How to Sell a Home