Riverside (252) Homes with Triplex Subtype

Riverside (252) Homes with Triplex Subtype

Welcome to Riverside, California, a vibrant city nestled in the heart of Riverside County. Known for its rich history, stunning landscapes, and a thriving community, Riverside is a place where modern living meets charming tradition. With its picturesque views of the mountains and a warm climate year-round, residents enjoy a lifestyle that balances relaxation and recreation.

Riverside is home to a diverse array of amenities, including beautiful parks, cultural attractions, and a bustling downtown area filled with shops, restaurants, and entertainment options. The city boasts a strong sense of community and is known for its excellent schools, making it a perfect place for families and individuals alike.

When it comes to real estate, Riverside offers an exciting opportunity for investors and homeowners with its triplex homes. These multi-family properties not only provide a unique living arrangement but also present an excellent opportunity for income generation. With three separate units, triplex homes in Riverside are ideal for those looking to invest in rental properties or for families seeking to live close together while maintaining their own space.

Imagine the potential of owning a triplex in this thriving city, where you can enjoy the benefits of homeownership while also capitalizing on rental income. Whether you’re an investor looking to expand your portfolio or a homeowner seeking a versatile living situation, Riverside’s triplex market is ripe with possibilities. Explore your options today and discover the charm and opportunity that Riverside has to offer!

Newest Riverside (252) Homes with Triplex Subtype

3342 Eucalyptus Avenue, Riverside
$890,000
CV26114104 MLS ⋅ Active Status
TRIPLEX!!! 1 Bedroom & 2 Studio Units! *3342, 3344, 3340 Eucalyptus Ave., Riverside - Rare opportunity to own a beautifully renovated triplex on an oversized 15,681 square foot flat, usable lot in one of Riverside's most sought-after investment corridors, ideally positioned between Downtown Riverside and UC Riverside. Renovated in 2024, this income-producing property blends classic Riverside character with modern updates, creating an outstanding opportunity for investors, owner-occupants, or those seeking multigenerational living. The desirable unit mix includes two studio units and one 1-bedroom, 1-bath unit, offering broad rental appeal for students, professionals, and long-term tenants. Separate gas and electric meters for each unit provide added convenience and simplified property management. The extensive 2024 renovations give the property a fresh, updated feel while maintaining its timeless character. The oversized lot offers exceptional flexibility with space for future expansion, additional parking, outdoor living areas, or potential ADU development (buyer to verify), making this a property with both immediate income potential and long-term upside. The central Riverside location places the property just minutes from Downtown Riverside's restaurants, coffee shops, entertainment venues, museums, and historic attractions. UC Riverside, Riverside City College, local hospitals, and major employment centers are all nearby, helping support consistent rental demand. Convenient access to the 91, 60, and 215 freeways makes commuting throughout the Inland Empire and surrounding areas simple.

3342 Eucalyptus Avenue, Riverside

3633 Kansas Avenue, Riverside
$948,000
P1-26538 MLS ⋅ Active Status
RARE opportunity to own a beautifully updated triplex in the heart of Riverside offering immediate cash flow, exceptional upside, and a unique path to owner occupancy.One unit is currently vacant, creating an ideal opportunity for an owner-occupant to move in and potentially take advantage of owner-occupied financing options, including FHA financing for qualified buyers (buyer to verify with lender), while collecting rental income from the remaining units to help offset monthly housing costs. This is an excellent opportunity for buyers looking to build wealth through 'house hacking.'The property last generated approximately $64,704 in annual income with all three units occupied, with the potential to increase to approximately $85,704 annually through the included architect-prepared, city-approved ADU plans utilizing the existing detached garage (buyer to verify), creating a straightforward path to adding a fourth income-producing unit.Situated on two contiguous parcels totaling approximately 0.33 acres, this investment has undergone extensive recent improvements, including a new roof, complete unit renovations in 2023, fresh interior and exterior paint, and completed termite work, providing a low-maintenance ownership experience.The property features three well-designed units, ample on-site parking, and a detached garage assigned to the larger unit. Tenants pay gas, electricity, and trash, while owner expenses are limited to water and landscaping, contributing to strong operating margins.Ideally located just minutes from UC Riverside, Riverside City College, Downtown Riverside, and convenient access to the 60, 91, and 215 freeways, this property appeals to both seasoned investors and owner-occupants seeking rental income with long-term appreciation potential.Whether you're looking for a strong performing investment or the opportunity to live in one unit while your tenants help pay the mortgage, this property offers flexibility that is increasingly difficult to find.Drive-by only. Please do not disturb tenants. Interior inspection subject to an accepted offer.

3633 Kansas Avenue, Riverside

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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