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For sale
  • Listed by: REDFIN • MICHELE HERRING • Contact: 909-528-6276
    Price cut: $130K (6/16)
    $518,000

    546 N 5th St, Banning, CA 92220

    3beds
    3baths
    2,162sqft
    : 
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    Triplex
    Built in 1955
    -- sqft lot
    $515,700 Zestimate®
    $240/sqft
    $-- HOA

    What's special

    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. Long-term tenants, while Unit A is 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.
    27 days
    |
    475
    |
    19
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    MICHELE HERRING DRE #01506688 909-528-6276,

    REDFIN

    Source: CRMLS,MLS#: IV26130068MLS LogoOriginating MLS: California Regional MLS

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      Rooms
      • Room types: Bedroom, Family Room, Kitchen, Other
      Bedroom
      • Features: All Bedrooms Down
      Other
      • Features: Walk-In Closet(s)
      Heating
      • Wall Furnace
      Cooling
      • Wall/Window Unit(s)
      Appliances
      • Included: Gas Range
      • Laundry: None
      Features
      • Open Floorplan, All Bedrooms Down, Walk-In Closet(s)
      • Flooring: Laminate, Tile, Vinyl
      • Has fireplace: No
      • Fireplace features: None
      • Common walls with other units/homes: 2+ Common Walls
      Interior area
      • Total structure area: 2,162
      • Total interior livable area: 2,162 sqft

      Property

      Parking
      • Total spaces: 6
      • Parking features: Assigned
      • Garage spaces: 3
      • Uncovered spaces: 3
      Accessibility
      • Accessibility features: Parking
      Features
      • Levels: One
      • Stories: 1
      • Entry location: 1
      • Pool features: None
      • Spa features: None
      • Has view: Yes
      • View description: Neighborhood
      Lot
      • Size: 8,712 Square Feet
      • Features: Front Yard, Yard
      Details
      • Parcel number: 540093021
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Traditional
      • Property subtype: Triplex
      • Attached to another structure: Yes
      Materials
      • Roof: Tile
      Condition
      • New construction: No
      • Year built: 1955

      Utilities & green energy

      • Sewer: Septic Type Unknown
      • Water: Public
      • Utilities for property: Electricity Available, Natural Gas Connected, Water Connected

      Community & HOA

      Community
      • Features: Hiking, Rural, Suburban
      • Subdivision: None
      Location
      • Region: Banning

      Financial & listing details

      • Price per square foot: $240/sqft
      • Tax assessed value: $144,681
      • Annual tax amount: $2,054
      • Date on market: 6/15/2026
      • Cumulative days on market: 28 days
      • Listing terms: Cash,Cash to New Loan,Conventional,Contract,1031 Exchange,FHA,VA Loan
      • Total actual rent: 2550
      • Tenant pays: Cable TV, Electricity, Gas
      • Road surface type: Paved

        Estimated market value

        $515,700

        $490,000 - $541,000

        $1,606/mo

        Price history

        DateEventPrice
        6/16/2026Price change$518,000-20.1%$240/sqft
        Source: CRMLS #IV26130068 Report a problem
        6/23/2025Price change$648,000-10.4%$300/sqft
        Source: SDMLS #IV25125378 Report a problem
        2/10/2025Price change$723,000-0.7%$334/sqft
        Source: CRMLS #IV24235834 Report a problem
        11/25/2024Listed for sale$728,000+519.6%$337/sqft
        Source: CRMLS #IV24235834 Report a problem
        9/4/2012Sold$117,500-9.6%$54/sqft
        Source: Public Record Report a problem
        5/30/2012Sold$130,000-62.9%$60/sqft
        Source: Public Record Report a problem
        10/12/2006Sold$350,000+55.6%$162/sqft
        Source: Public Record Report a problem
        4/20/2006Sold$225,000$104/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,054 +2.1%$144,681 +2%
        2024$2,011 +0.1%$141,845 +2%
        2023$2,010 +2.1%$139,064 +2%
        2022$1,968 +1.9%$136,338 +2%
        2021$1,931 +0.9%$133,665 +1%
        2020$1,913 +1.6%$132,296 +2%
        2019$1,884 +0.7%$129,703 +2%
        2018$1,871 +1.7%$127,161 +2%
        2017$1,840 $124,668 +2%
        2016$1,840 +6.6%$122,224 +1.5%
        2015$1,726 +0.6%$120,389 +2%
        2014$1,715 $118,033 +0.5%
        2013-- $117,500 -68.5%
        2012-- $373,327 +2%
        2011-- $366,008 +0.8%
        2010-- $363,275 -0.2%
        2009-- $364,140 +2%
        2008-- $357,000 +2%
        2007-- $350,000 +269.6%
        2006-- $94,701 +2%
        2005-- $92,845 +3.9%
        2003-- $89,359 +2%
        2002-- $87,608 +2%
        2001$1,009 +2%$85,891 +2%
        2000$989 $84,208
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 92220

        Getting around

        62 / 100
        Somewhat Walkable
        47 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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