6

Downtown Riverside Multifamily Homes & Duplexes for Sale

Section Image
  • /8

    $749,995

    • 4 Beds
    • 3 Baths
    • 2,546 Sq Ft

    4308 Lime St, Riverside, CA 92501

    ***Charming corner-lot duplex in Riverside’s historic district, just steps from the iconic Mission Inn and downtown attractions. This well-located property offers timeless character with recent updates including a new water heater and partial waterline replacement. Ideal for rental income or multi-generational living. Easy freeway access makes commuting a breeze, while the vibrant local scene

    Matthew Serrano Re/Max Top Producers

    4308 Lime St, Riverside, CA 92501
  • /32

    $599,000

    • 3 Beds
    • 3 Baths
    • 1,950 Sq Ft

    3499 Lemon St, Riverside, CA 92501

    Prime Riverside Property! LOCATION, LOCATION, LOCATION!!!This Triplex sits on a Corner Lot: 3499 Lemon Street & wraps around the corner. It shares 2 other addresses: 3501 and 3503 5th Street.Don’t miss this incredible opportunity to own property in one of Riverside’s most desirable and historic neighborhoods! Located just blocks from the vibrant downtown district and perfectly situated

    Cindy Berg Century 21 Discovery

    3499 Lemon St, Riverside, CA 92501
  • /9

    $3,645,000

    • 9,200 Sq Ft

    4581 Main St, Riverside, CA 92501

    We are pleased to present 4545-4581 Main Street, a 14-unit multifamily investment opportunity located near Downtown Riverside. Just off Magnolia Avenue and 14th Street, the property spans three contiguous parcels totaling 34,412 square feet and consists of five separate buildings, including a standalone 3-bed/2-bath home, three duplexes, and one 7-unit structure. Nearly all units are

    Oscar Diaz Marcus & Millichap

    4581 Main St, Riverside, CA 92501
  • /9

    $1,795,000

    • 3,944 Sq Ft

    4562 Orange St, Riverside, CA 92501

    We are pleased to present 4562 Orange Street, an 8-unit multifamily property located near Downtown Riverside. Just one block from Magnolia Avenue and 14th Street, this well-maintained asset offers historic charm, excellent curb appeal, and strong tenant appeal in one of Riverside's most walkable and in-demand neighborhoods. Situated on a 13,504 sq. ft. lot, the property features a single

    Oscar Diaz Marcus & Millichap

    4562 Orange St, Riverside, CA 92501
  • /20

    $675,000

    • 4 Beds
    • 2.5 Baths
    • 1,395 Sq Ft

    3335 3rd St, Riverside, CA 92501

    The property has two units - one with 2 bedrooms - one and a half bathrooms - the second has two bedrooms and one bathroom - there is land for an AdU - the seller has the plans and gives them to the buyer and in addition the entire structure was repaired from the foundation - with roof permits new floors, new electricity and new plumbing, new kitchen, all with permits Each one has a central

    Efren Hernandez Pacifico Realty Inc.

    3335 3rd St, Riverside, CA 92501
  • /24

    $695,000

    • 4 Beds
    • 3 Baths
    • 1,952 Sq Ft

    3049 Mulberry St, Riverside, CA 92501

    Discover a stunning two-story Craftsman home in the Mission Inn Historical District, boasting an individual designation as a Structure of Merit and qualifying for the Mills Act. This historical residence has been thoughtfully converted into a triplex. The main house features three bedrooms, one bath, indoor laundry, and a walk-in basement. The upper level has been transformed into a one-bedroom,

    Mardie Rodriguez NATIONAL REALTY GROUP

    3049 Mulberry St, Riverside, CA 92501

Why Live in Downtown Riverside

Downtown Riverside caters to a mix of urban, suburban, and rural preferences, with its eastern part being the cultural hub of the Inland Empire. This area features museums, arts centers, and the historic Mission Inn Hotel & Spa. The western portion is lined with parks along the Santa Ana River, while single-family homes are centrally located. The neighborhood is known for its classic Victorian houses and diverse architectural styles, including Mission Revival and Craftsman homes. Residents enjoy a pedestrian-friendly environment, with wide streets and easy access to schools, parks, and shops. Local attractions include the Downtown Farmers Market, Antonious’ Pizza Café, and Back to the Grind coffeehouse. Nightlife options feature Aurea Vista Night Club and Bar and Art’s Bar & Grill. Grocery shopping is convenient with Maxi Foods Market, Los Novillos Market, and Clark’s Nutrition & Natural Foods nearby. The area is safer than the national average, with Polytechnic High and Bryant Elementary being highly rated schools. Riverside City College is within the neighborhood, and the University of California, Riverside is about 3 miles east. Parks like Mount Rubidoux Park and Fairmount Park offer outdoor activities, while bike lanes and bus stops enhance connectivity. Downtown Riverside is bordered by Route 91 and Route 60, with Interstate 215 accessible at the northeast corner. Ontario International Airport is approximately 15 miles west. Despite risks of severe heat, extreme air quality, and wildfires, cooling centers like Riverside Main Library and White Park-Dales Senior Center provide relief during high temperatures.

Home Trends in Downtown Riverside, CA

Housing Trends

Median Sale Price
$252,500
Median Single Family Sale Price
$400,000
Median 2 Bedroom Sale Price
$945,000
Median 1 Bedroom Sale Price
$110,000
Average Price Per Sq Ft
$185
Number of Homes for Sale
4
Last 12 months Home Sales
60
Months of Supply
0.80
Median List Price
$419,900
Median Change From 1st List Price
5%
Median Home Sale Price YoY Change
-38%
How to Buy a Home How to Finance a Home How to Sell a Home