688 W Nicolet Street, Banning, CA 92220 - Berkshire Hathaway HomeServices California Properties

688 W Nicolet Street, Banning, CA 92220

$600,000 Approx. USD 6 beds, 4 baths
2,200 sqft

Listing Agent


Nicole Hicks | nicolehomesca@gmail.com
Lic#: 02198376
Broker: Courtesy of eXp Realty of Greater LA, Inc.

Agent Remarks

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.

Listing Details

Property type: Single Family Residence (Single Family)
Status: Active
MLS# SW25137712
Price: $600,000
HOA Fee is $0.00
Beds: 6
Baths: 4 (4 full)
None fireplaces
Built in 1964
2,200 sqft
1 story
0.45 acres
Lot size: 0.4500
Subdivision: Terrain Estates
County: Riverside
Zoning: R3
Interior features: All Bedrooms Down
Lot description: ZeroToOneUnitAcre
Heating/cooling: None
Heating description: None
MLS area: 263 - Banning/Beaumont/Cherry Valley

Last Updated: 6/25/2025

 Days On Market (DOM): 23

 Find more Banning homes and real estate

 Find more homes in 92220 zip code

This listing belongs to the 263 - Banning/Beaumont/Cherry Valley MLS area

 Find more homes in the Terrain Estates subdivision

Lat/Long: 33.928448, -116.884230.
Find nearby listings

DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

92220 Area Map

Demographics

Schools

Near by

Similar Listings