Curious about this home?

Ask anything — no agents, no pressure

Try asking

About This Home

This 3-bedroom, 2-bathroom multi-family at 162 N 3rd in Banning, CA is listed for $429,900 ($343 per sqft). Built in 1915, the home offers 1,252 sqft of living space on a 0.14 acres lot.

Agent Description

Great investment opportunity in the heart of Banning! This versatile duplex offers two separate units, ideal for rental income or multi-generational living. The front unit features 1 bedroom and 1 bathroom, while the rear unit offers a more spacious 2 bedroom, 1 bathroom layout—providing flexibility for different tenant needs or owner occupancy options.

Both units have their own private living spaces, creating a comfortable and functional setup. The property also includes a detached laundry room in a separate building, along with a detached two-car garage offering additional storage or parking potential.

The fully fenced lot provides privacy and security, with ample outdoor space for tenants or future improvements. Conveniently located near local amenities, shopping, dining, and with easy access to major commuter routes, this property presents a strong opportunity for investors or buyers looking to offset their mortgage with rental income. Don’t miss your chance to own a well positioned income producing property in a growing area!

Key Features

  • Built in 1915
  • 0.14 acre lot
  • 2 parking spaces

Property Details

1 story
2 full
2 spaces
1915

Monthly Cost Estimate

$2,299/mo

20% down · 6.5% · 30 years

Principal$311
Interest$1,863
Insurance$125

Estimates only. Actual payments may vary.

Location

162 N 3rd

Banning, CA 92220

Features & Amenities

Exterior Features

Community Features Included: Street LightsSidewalksFront YardBack Yard

Property Details

Cooling

Multi UnitsWall/Window Unit(s)Window Unit(s)

Questions & Answers

This 3-bedroom, 2-bathroom multi-family at 162 N 3rd is listed at $429,900 ($343/sqft). The estimated monthly payment is $1,863 based on 20% down at 6.5% interest.

Key features include: Built in 1915, 0.14 acre lot, 2 parking spaces. Exterior Features: Community Features Included: Street Lights, Sidewalks, Front Yard.

This property is listed by Arturo Hernandez and can be reached at 9096387303 or arturo@theteamresults.com.

AH

Arturo Hernandez

Agent at REALTY MASTERS & ASSOCIATES

(909) 638-7303

Listed by REALTY MASTERS & ASSOCIATES · View on Broker Site

MLS# CV26091796· Source: listhub· Updated 30 days ago

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

162 N 3rd, Banning, CA 92220

Open this listing in: