$1,199,000

333 N Murray St Banning, CA 92220

Estimated payment $7,541/month

Total Views 1,756
3 Beds
4 Baths
3,810 Sq Ft
$315 Price per Sq Ft

Highlights

  • Level Lot
  • No Heating
  • 1-Story Property

About This Home

333 N Murray St presents an excellent opportunity to acquire a six-unit multifamily property in the growing community of Banning. The property features a diverse unit mix consisting of (3) studio units, (2) one-bedroom + one-bathroom units, and (1) two-bedroom + one-bathroom unit, offering flexibility to attract a wide range of tenants. This well-configured unit mix provides stable rental demand and strong income potential for investors seeking a manageable asset in an affordable rental market. Situated in a convenient residential neighborhood, the property offers tenants easy access to local shopping, dining, and major transportation corridors, while benefiting from Banning’s continued population growth and demand for workforce housing. 333 N Murray St represents an attractive value-add or long-term hold opportunity for investors looking to expand their footprint in the Inland Empire multifamily market.

Listing Agent

Jag Singh

Keller Williams - Eagle Rock Brokerage Phone: 626-272-5941 License #01886951 Listed on: 03/17/2026

Keller Williams - Eagle Rock

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930

Lot Details

  • 12,197 Sq Ft Lot
  • Two or More Common Walls
  • Level Lot

Home Design

  • Apartment
  • Entry on the 1st floor

Interior Spaces

  • 3,810 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Bathrooms

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces

Utilities

  • No Heating

Listing and Financial Details

  • Legal Lot and Block 14 / 3
  • Tax Tract Number 442
  • Assessor Parcel Number 541101007
  • $405 per year additional tax assessments

Community Details

Overview

  • 3 Buildings
  • 6 Units

Building Details

  • 7 Separate Electric Meters
  • 7 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $600
  • Insurance Expense $6,251
  • Pest Control $600
  • Trash Expense $2,100
  • Water Sewer Expense $2,209
  • New Taxes Expense $13,961
  • Operating Expense $32,411
  • Gross Income $108,000
  • Net Operating Income $73,969

Property Details

Home Type

Multi-Family

Year Built

Built in 1930

Lot Details

0.28 Acres

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 2209.00
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 541101007
  • Year Built: 1930
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 314.70

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 6.00

Utilities

  • Heating: No
  • Laundry: No
  • Pest Control Expense: 600.00
  • Sewer: Public Sewer
  • Trash Expense: 2100.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street
  • Lot Size Sq Ft: 12197.00
  • Lot Size Acres: 0.2800

Multi Family

  • Gross Income: 108000.00
  • Gross Scheduled Income: 108000.00
  • Insurance Expense: 6251.00
  • Lot Size Area: 12197.0000 Square Feet
  • Net Operating Income: 73969.00
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 7
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 6
  • Operating Expense: 32411.00
  • Rent Control: No
  • Total Expenses: 32411.00

Tax Info

  • New Taxes Expense: 13961.00
  • Tax Block: 3
  • Tax Lot: 14
  • Tax Tract Number: 442
  • TaxOtherAnnualAssessmentAmount: 405.00

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $14,732 $1,071,000 $153,000 $918,000
2023 $14,732 $632,597 $130,807 $501,790
2022 $8,732 $620,194 $128,243 $491,951
2021 $8,563 $608,034 $125,729 $482,305
2020 $8,494 $601,800 $124,440 $477,360
2019 $8,360 $590,000 $122,000 $468,000
2018 $2,471 $168,827 $40,514 $128,313
2017 $2,431 $165,518 $39,720 $125,798
2016 $2,312 $162,274 $38,942 $123,332
2015 $2,280 $159,839 $38,358 $121,481
2014 $2,265 $156,709 $37,607 $119,102
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/17/2026 03/17/26 For Sale $1,199,000 -- $315 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR26058233

California Regional Multiple Listing Service (CRMLS)

APN: 541-101-007

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