323 E Colton Ave Redlands, CA 92374
North Redlands NeighborhoodEstimated payment $3,408/month
Highlights
- Fishing
- Mountain View
- No HOA
- Redlands East Valley High School Rated A-
- Corner Lot
- Cooling System Mounted To A Wall/Window
About This Home
Fantastic opportunity to purchase a turnkey duplex within walking distance to University of Redlands and downtown. This rare investment opportunity offers a fully leased 2 units includes a spacious 2 bedroom, 1 bath downstairs and a generous 1 bedroom, 1 bath upstairs. Also includes a garage and a storage room, along with a shared laundry room including 2 washers and 2 dryers. The roof was replaced in 2016. Separate meters for electricity. The units are in great condition and the lot is fully landscaped. Fantastic long term tenants that would love to stay. This is an easy breezy long term investment.
Listing Agent
THE ASSOCIATES REALTY GROUP Brokerage Phone: 951-775-5979 License #01805437 Listed on: 02/13/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1891
Lot Details
- 5,652 Sq Ft Lot
- 1 Common Wall
- Wrought Iron Fence
- Block Wall Fence
- Corner Lot
- Front Yard Sprinklers
Parking
- 2 Open Parking Spaces
- 1 Car Garage
- Parking Available
- Driveway
Home Design
- Duplex
- Entry on the 1st floor
- Turnkey
- Composition Roof
Interior Spaces
- 1,536 Sq Ft Home
- 2-Story Property
- Mountain Views
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Utilities
- Cooling System Mounted To A Wall/Window
- Heat Pump System
- Wall Furnace
- Natural Gas Connected
Listing and Financial Details
- Legal Lot and Block 7 / 21
- Assessor Parcel Number 0169086190000
- $443 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 2 Units
Amenities
- Laundry Facilities
Recreation
- Fishing
- Park
- Dog Park
- Bike Trail
Building Details
- 2 Separate Electric Meters
- 1 Separate Gas Meter
- 1 Separate Water Meter
- Gardener Expense $1,380
- Insurance Expense $1,512
- Water Sewer Expense $1,200
- New Taxes Expense $8,400
- Operating Expense $11,132
- Gross Income $40,800
- Net Operating Income $29,668
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $2,787 | $220,512 | $71,957 | $148,555 |
| 2024 | $2,605 | $216,188 | $70,546 | $145,642 |
| 2023 | $2,602 | $211,949 | $69,163 | $142,786 |
| 2022 | $2,565 | $207,793 | $67,807 | $139,986 |
| 2021 | $2,611 | $203,718 | $66,477 | $137,241 |
| 2020 | $2,573 | $201,629 | $65,795 | $135,834 |
| 2019 | $2,502 | $197,676 | $64,505 | $133,171 |
| 2018 | $2,441 | $193,800 | $63,240 | $130,560 |
| 2017 | $2,420 | $190,000 | $62,000 | $128,000 |
| 2016 | $1,050 | $78,814 | $17,463 | $61,351 |
| 2015 | $1,043 | $77,630 | $17,201 | $60,429 |
| 2014 | $1,025 | $76,109 | $16,864 | $59,245 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/10/2026 03/10/26 | Price Changed | $599,000 | -4.9% | $390 / Sq Ft | |
| 02/13/2026 02/13/26 | For Sale | $629,900 | +231.5% | $410 / Sq Ft | |
| 09/23/2016 09/23/16 | Sold | $190,000 | -15.6% | $151 / Sq Ft | View Prior Sale |
| 07/28/2016 07/28/16 | Pending | -- | -- | -- | |
| 11/17/2015 11/17/15 | For Sale | $225,000 | -- | $179 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | None Available | |
| Grant Deed | $190,000 | Lawyers Title | |
| Interfamily Deed Transfer | -- | First American Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | Lawyers Title Company | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | Lawyers Title Company | |
| Interfamily Deed Transfer | -- | Lawyers Title Company | |
| Interfamily Deed Transfer | -- | Lawyers Title Company | |
| Interfamily Deed Transfer | -- | Lawyers Title Company | |
| Gift Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $260,000 | Purchase Money Mortgage | |
| Previous Owner | $214,500 | New Conventional | |
| Previous Owner | $100,000 | Purchase Money Mortgage | |
| Previous Owner | $100,000 | Purchase Money Mortgage | |
| Previous Owner | $100,000 | Purchase Money Mortgage |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: IV26031319
APN: 0169-086-19
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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. 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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