$648,000

546 N 5th St Banning, CA 92220

Estimated payment $3,590/month

Total Views 4,178
3 Beds
3 Baths
2,162 Sq Ft
$300 Price per Sq Ft

Highlights

  • Open Floorplan
  • Private Yard
  • Neighborhood Views
  • Traditional Architecture
  • No HOA
  • Hiking Trails

About This Home

GREAT INVESTMENT OPPORTUNITY – TRIPLEX!
Don’t miss your chance to own this income-generating triplex, ideal for investors or owner-occupants! Each of the three units features 1 bedroom, 1 bathroom, and 720 sq ft of living space — plus individual garage parking for each unit.

Live in one and rent the other two, or add this solid property to your investment portfolio. Two units are currently occupied by long-term tenants, while Unit A is vacant and recently renovated, featuring new flooring, a modernized bathroom, and fresh interior paint. Perfect for immediate move-in or top-dollar rental.

The exterior has also seen fresh repairs and a new paint job, making this property move-in and rent-ready.

Opportunities like this don’t last long — especially with a vacant, upgraded unit ready to go.
Live in one. Rent two. Build wealth.
Schedule your showing today!

Listing Agent

Michele Herring

REDFIN Brokerage Phone: 909-528-6276 License #01506688 Listed on: 09/22/2025

REDFIN

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,011

Year Built

  • Built in 1955

Lot Details

  • 8,712 Sq Ft Lot
  • Two or More Common Walls
  • Rural Setting
  • Private Yard
  • Front Yard

Parking

  • 3 Open Parking Spaces
  • 3 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Triplex
  • Traditional Architecture
  • Entry on the 1st floor
  • Tile Roof

Interior Spaces

  • 2,162 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Family Room
  • Neighborhood Views
  • Gas Range

Flooring

  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 3 Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Natural Gas Connected
  • Septic Type Unknown

Additional Features

  • Accessible Parking
  • Suburban Location

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 1
  • Assessor Parcel Number 540093021
  • $1 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Recreation

  • Hiking Trails

Building Details

  • 2,255 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,011

Year Built

Built in 1955

Lot Details

0

Parking

3

Listing Details

  • Price Per Unit: 216000
  • Property Attached: Yes
  • Road Surface Type: Paved
  • View: Yes
  • Architectural Style: Traditional
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 540093021
  • Year Built: 1955
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Open Floorplan
  • Stories: 1
  • Entry Location: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate, Tile, Vinyl
  • Accessibility Features: Parking
  • Appliances: Yes
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 299.72
  • Room Type: All Bedrooms Down, Family Room, Kitchen, Walk-In Closet

Exterior Features

  • View: Neighborhood
  • Pool Private: No
  • Roof: Tile
  • Spa: No

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 3.00

Utilities

  • Utilities: Electricity Available, Natural Gas Connected, Water Connected
  • Heating: Yes
  • Laundry: No
  • Appliances: Gas Range
  • Heating Type: Wall Furnace
  • Sewer: Septic Type Unknown
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Hiking, Rural, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Yard
  • Lot Size Sq Ft: 8712.00
  • Lot Size Acres: 0.2000
  • Latitude Manual: 33.93030900

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Average1 Bed Area: 720 Square Feet
  • Lot Size Area: 8712.0000 Square Feet
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2255
  • Number Of Units Total: 3
  • Number Wall A C: 3
  • Number With Disposal: 3
  • Number With Range: 3
  • Rent Control: No
  • Total Actual Rent: 2550.00

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 1
  • TaxOtherAnnualAssessmentAmount: 1.00

Map

Range of Values:

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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 $2,011 $144,681 $18,467 $126,214
2023 $2,011 $139,064 $17,750 $121,314
2022 $1,968 $136,338 $17,402 $118,936
2021 $1,931 $133,665 $17,061 $116,604
2020 $1,913 $132,296 $16,887 $115,409
2019 $1,884 $129,703 $16,556 $113,147
2018 $1,871 $127,161 $16,232 $110,929
2017 $1,840 $124,668 $15,914 $108,754
2016 $1,751 $122,224 $15,602 $106,622
2015 $1,726 $120,389 $15,368 $105,021
2014 $1,715 $118,033 $15,068 $102,965
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/22/2025 09/22/25 For Sale $648,000 +453.8% $300 / Sq Ft
09/05/2012 09/05/12 Sold $117,014 +6.4% $54 / Sq Ft
08/14/2012 08/14/12 Pending -- -- --
08/07/2012 08/07/12 For Sale $110,000 -- $51 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Deed -- --
Grant Deed $117,500 Ticor Title
Trustee Deed $130,000 None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- United Title Company
Grant Deed $350,000 United Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- United Title Company
Interfamily Deed Transfer -- United Title Company
Grant Deed $225,000 United Title Company
Interfamily Deed Transfer -- --
Quit Claim Deed -- Chicago Title Company
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $157,477 Fannie Mae Freddie Mac
Previous Owner $54,000 Commercial
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV25218977

California Regional Multiple Listing Service (CRMLS)

APN: 540-093-021