Exceptional investment opportunity in the heart of Banning, CA! This unique property features FOUR separate income-producing structures on one spacious lot — two 2-bedroom, 1-bathroom units and two 1-bedroom, 1-bathroom units. Whether you''re looking to build your rental portfolio, create a multi-generational living setup, or live in one and rent the others, the possibilities are endless.
Each unit offers its own private entrance and yard space, ideal for tenant privacy and comfort. The property is conveniently located near shopping, schools, freeway access, and just minutes from the expanding Downtown Banning area.
With strong rental potential and a layout perfectly suited for maximizing cash flow, this property is a rare find. Don’t miss out on this versatile and high-demand investment!
NEIGHBORING PROPERTY CAN ALSO BE INCLUDED – SEE SW25135253. DON''T MISS OUT.
Each unit offers its own private entrance and yard space, ideal for tenant privacy and comfort. The property is conveniently located near shopping, schools, freeway access, and just minutes from the expanding Downtown Banning area.
With strong rental potential and a layout perfectly suited for maximizing cash flow, this property is a rare find. Don’t miss out on this versatile and high-demand investment!
NEIGHBORING PROPERTY CAN ALSO BE INCLUDED – SEE SW25135253. DON''T MISS OUT.
Property Details
Price:
$600,000
MLS #:
SW25137712
Status:
Active
Beds:
6
Baths:
4
Type:
Single Family
Subtype:
Single Family Residence
Listed Date:
Jun 15, 2025
Finished Sq Ft:
2,200
Lot Size:
19,602 sqft / 0.45 acres (approx)
Year Built:
1964
See this Listing
Schools
Interior
Cooling
None
Fireplace Features
None
Heating
None
Exterior
Community Features
Suburban
Garage Spaces
0.00
Lot Features
0-1 Unit/ Acre
Pool Features
None
Sewer
Public Sewer
Stories Total
1
View
Mountain(s)
Water Source
Public
Financial
Association Fee
0.00
Map
Community
- Address688 W Nicolet Street Banning CA
- CityBanning
- CountyRiverside
- Zip Code92220
Subdivisions in Banning
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Market Summary
Current real estate data for Single Family in Banning as of Jul 16, 2025
220
Single Family Listed
81
Avg DOM
295
Avg $ / SqFt
$500,808
Avg List Price
Property Summary
- 688 W Nicolet Street Banning CA is a Single Family for sale in Banning, CA, 92220. It is listed for $600,000 and features 6 beds, 4 baths, and has approximately 2,200 square feet of living space, and was originally constructed in 1964. The current price per square foot is $273. The average price per square foot for Single Family listings in Banning is $295. The average listing price for Single Family in Banning is $500,808.
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Similar Listings Nearby
688 W Nicolet Street
Banning, CA
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