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Palm Springs, CA Multifamily Homes & Duplexes for Sale

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  • /117

    $1,594,900 Open Wed 11AM - 1PM

    • 8 Beds
    • 6 Baths
    • 3,753 Sq Ft

    821 S Avenida Evelita, Palm Springs, CA 92264

    Extraordinary Dual-Residence EstateResort Pool & Panoramic Mountain ViewsA rare find in Palm Springs, this private compound spans a massive .38-acre corner lot and features two fully independent, beautifully remodeled residences. Located moments from Demuth Park and premier golf courses, this property is designed for those seeking a multi-generational legacy home or a high-performing

    Cray Martin Cray Martin Real Estate

    821 S Avenida Evelita, Palm Springs, CA 92264
  • /24

    $1,399,999

    • 2 Beds
    • 2 Baths
    • 2,056 Sq Ft

    1500 S Via Entrada, Palm Springs, CA 92264

    Located in one of Palm Springs most desirable neighborhoods, 1500 S Via Entrada is a 1955 mid century four unit property in the highly sought after Tahquitz River Estates. This gated and hedged compound offers excellent privacy and features a spacious two bedroom one bathroom owners unit along with three well appointed studio units. The property is highlighted by lush landscaping and a classic

    Shaunt Zakarian Compass

    1500 S Via Entrada, 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
  • /19

    $995,000

    • 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
  • /53

    $1,192,500

    • 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
  • /56

    $1,400,000

    • 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
  • /73

    $2,399,000

    • 8 Beds
    • 8 Baths
    • 4,000 Sq Ft

    1339 N Indian Canyon Dr, Palm Springs, CA 92262

    Exceptional investment opportunity to acquire The MOD, an 8 room modern boutique hotel completely remodeled in 2024 is located in the highly desirable Uptown Design District. This well-maintained property offers a unique blend of resort-style amenities and spacious, residential-style accommodations ideal for today's extended-stay, group-travel, and leisure markets.The property features an

    Adam Gilbert KW Coachella Valley

    1339 N Indian Canyon Dr, Palm Springs, CA 92262
  • /75

    $925,000

    • 4 Beds
    • 3 Baths
    • 1,700 Sq Ft

    502 S Calle Santa Rosa, Palm Springs, CA 92264

    Located in the highly desirable Warm Sands neighborhood, this beautifully maintained triplex is just minutes from everything Palm Springs has to offer, including hiking trails, restaurants, shopping, and entertainment. Unit Three, currently used as the owner's unit and a short-term rental, has been thoughtfully remodeled with exceptional attention to detail. The kitchen features custom cabinetry,

    Richard Burt Berkshire Hathaway HomeServices California Properties

    502 S Calle Santa Rosa, Palm Springs, CA 92264
  • /44

    $5,995,000

    • 6 Beds
    • 4 Baths
    • 20,296 Sq Ft

    1680 E Palm Canyon Dr, Palm Springs, CA 92264

    We are proud to present an exceptional opportunity to acquire Deepwell Apartments, a superbly maintained 30+1 unit multifamily community located at 1680 E Palm Canyon Drive in Palm Springs, CA. This investment offers an attractive 6.59% current Cap Rate and a 6.07% Cash-on-Cash return, with the property yielding $705,600 annually. The ±20,296 SF building stands on a generous ±40,946 SF lot in the

    Eric Chen CB RICHARD ELLIS

    1680 E Palm Canyon Dr, Palm Springs, CA 92264
  • /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
  • /40

    $995,000

    • 3 Beds
    • 4 Baths
    • 2,128 Sq Ft

    610 S Camino Real, Palm Springs, CA 92264

    Unit A (vacant) is a thoughtfully designed bungalow style 1-bedroom, 2-bath residence with a versatile den featuring a Murphy bed for guests. The spacious living room opens to the pool with sweeping mountain views and has a cozy gas fireplace creating a warm gathering space on cooler evenings. Updated porcelain tile flooring throughout. Gourmet kitchen with chef's island, stainless steel

    Robert Cowles Equity Union

    610 S Camino Real, Palm Springs, CA 92264
  • /14

    $925,000

    • 5 Baths
    • 3,800 Sq Ft

    3737 E Calle de Carlos, Palm Springs, CA 92264

    We are pleased to present the opportunity to acquire a multifamily investment property located at 3737 E Calle De Carlos in Palm Springs, California. The offering provides investors with the opportunity to acquire a five-unit income-producing asset in the Demuth Park submarket of Palm Springs, an area supported by consistent rental demand and proximity to key lifestyle and employment drivers. The

    Gisele Pinedo MARCUS & MILLICHAP

    3737 E Calle de Carlos, Palm Springs, CA 92264
  • /21

    $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 amenities

    Bill Melton PAEZ REALTY COMPANY

    2303 N Indian Canyon Dr, Palm Springs, CA 92262
  • /23

    $1,275,000

    • 8 Beds
    • 9 Baths
    • 5,231 Sq Ft

    1900 E Baristo Rd, Palm Springs, CA 92262

    Baristo Apartments is a 7-unit multifamily investment property located at 1900 E Baristo Road in Palm Springs, California.Situated on a corner lot at the intersection of Baristo Road and S. Saturmino Drive, the property is locatedwithin the desirable Sunrise Park submarket of Palm Springs. Built in 1970, the property consists of approximately 5,231 square feet of rentable building area

    Gisele Pinedo MARCUS & MILLICHAP

    1900 E Baristo Rd, Palm Springs, CA 92262
  • /39

    $7,500,000

    • 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
  • /69

    $1,995,000

    • 10 Beds
    • 10 Baths
    • 5,645 Sq Ft

    1425 S Via Soledad, Palm Springs, CA 92264

    This fully renovated mid-century modern property showcases five impeccably updated units, each featuring granite countertops, stainless steel appliances, and new marble and stone flooring. Offered furnished, the property is adaptable for short- or long-term rentals and is well-suited for use as a boutique hotel and has an existing conditional use permit for a drug and alcohol rehabilitation

    Adam Gilbert KW Coachella Valley

    1425 S Via Soledad, 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
$650,000
Median Single Family Sale Price
$1,007,500
Median Townhouse Sale Price
$817,197
Median 2 Bedroom Sale Price
$459,999
Median 1 Bedroom Sale Price
$240,000
Average Price Per Sq Ft
$480
Number of Homes for Sale
742
Last 12 months Home Sales
1,467
Months of Supply
6.10
Median List Price
$700,000
Median Change From 1st List Price
5%
Median Home Sale Price YoY Change
4%
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