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.
Pending
Listed by: REDFIN • MICHELE HERRING • Contact: 909-528-6276
Price cut: $23K (8/28)
$495,000
546 N 5th St, Banning, CA 92220
3beds
3baths
2,162sqft
Triplex
Built in 1955
-- sqft lot
$496,600 Zestimate®
$229/sqft
$-- HOA
What's special
- 81 days
- 465
- 28
Zillow last checked:
Listing updated:
Listed by:
MICHELE HERRING DRE #01506688 909-528-6276,
REDFIN
Source: CRMLS,MLS#: IV26130068
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & 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: $229/sqft
- Tax assessed value: $147,574
- Date on market: 6/15/2026
- Cumulative days on market: 82 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
$496,600
$472,000 - $521,000
$2,121/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/4/2026 | Pending sale | $495,000$229/sqft |
Source:  CRMLS #IV26130068 Report a problem | ||
| 8/28/2026 | Price change | $495,000-4.4%$229/sqft |
Source: CRMLS #IV26130068 Report a problem | ||
| 6/16/2026 | Price change | $518,000-20.1%$240/sqft |
Source: CRMLS #IV26130068 Report a problem | ||
| 6/23/2025 | Price change | $648,000-10.4%$300/sqft |
Source:  SDMLS #IV25125378 Report a problem | ||
| 2/10/2025 | Price change | $723,000-0.7%$334/sqft |
Source: CRMLS #IV24235834 Report a problem | ||
| 11/25/2024 | Listed for sale | $728,000+519.6%$337/sqft |
Source: CRMLS #IV24235834 Report a problem | ||
| 9/4/2012 | Sold | $117,500-9.6%$54/sqft |
Source: Public Record Report a problem | ||
| 5/30/2012 | Sold | $130,000-62.9%$60/sqft |
Source: Public Record Report a problem | ||
| 10/12/2006 | Sold | $350,000+55.6%$162/sqft |
Source: Public Record Report a problem | ||
| 4/20/2006 | Sold | $225,000$104/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $147,574 +2% |
| 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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Neighborhood: 92220
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