Estimated payment $11,855/month
Highlights
- 22,651 Sq Ft lot
- Tile Flooring
- Central Heating and Cooling System
- Living Room
- 1-Story Property
- Laundry Facilities
About This Home
If you've been waiting for an investment that delivers both reliable income today and upside for tomorrow, 43965 Towne Street deserves a closer look.Located in the heart of Indio, this 9-unit multifamily property is already doing what smart investors want most--it's fully occupied and income-producing from day one. With 18 bedrooms and 9 bathrooms, each unit offers its own private living space, and many of the units have already been updated, creating a solid foundation with minimal deferred maintenance.What truly sets this property apart is the built-in growth potential. Current rents are below market, giving the next owner a clear opportunity to increase cash flow over time through strategic rent adjustments and thoughtful improvements--without needing a major reposition.The location adds another layer of value. Just minutes from downtown Indio, local schools, shopping, and the Empire Polo Grounds--home to Coachella and Stagecoach--this area continues to attract long-term renters. With ongoing development, steady job growth, and strong rental demand, Indio remains one of the most active and promising rental markets in the Coachella Valley.This is the kind of asset investors seek when building or expanding a portfolio: stable, well-located, and positioned for appreciation. The seller is completing a 1031 exchange, making this an excellent opportunity for buyers who are ready to move quickly--whether you're completing your own exchange, adding doors, or securing a long-term hold.Opportunities like this don't come around often: a stabilized property in a growing market with real upside still ahead.Property is fully occupied. Tenants pay electricity and gas. Water is included and paid by the owner.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1986
Interior Spaces
- 800 Sq Ft Home
- 1-Story Property
- Blinds
- Living Room
- Tile Flooring
Bedrooms and Bathrooms
- 18 Bedrooms
- 9 Full Bathrooms
Parking
- 9 Carport Spaces
- 9 Car Parking Spaces
Additional Features
- 0.52 Acre Lot
- Ground Level
- Central Heating and Cooling System
Listing and Financial Details
- The owner pays for water
- Assessor Parcel Number 610211017
Community Details
Overview
- 9 Units
- North Indio Ranchos Subdivision
Amenities
- Laundry Facilities
Building Details
- 9 Separate Electric Meters
- 9 Separate Gas Meters
- 9 Separate Water Meters
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/13/2025 08/13/25 | Price Changed | $1,900,000 | -9.5% | $2,375 / Sq Ft |
| 07/01/2025 07/01/25 | For Sale | $2,100,000 | -- | $2,625 / Sq Ft |
Source: California Desert Association of REALTORS®
MLS Number: 219132191
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