Riverside Homes with Triplex Subtype

Riverside Homes with Triplex Subtype

Welcome to Riverside, California—a vibrant city nestled in the heart of Riverside County, where rich history meets modern living. Known for its stunning landscapes and a diverse cultural scene, Riverside offers residents an exceptional quality of life. With its picturesque views of the Santa Ana River, lush parks, and a thriving downtown area, this city is a hidden gem in Southern California.

Riverside is not just about beautiful scenery; it boasts a strong sense of community, excellent schools, and a variety of recreational activities. From the historic Mission Inn to the lively Riverside Art Museum, there’s always something to explore. The city is also home to the University of California, Riverside, which adds a youthful energy and dynamic atmosphere to the area.

For those looking to invest in real estate, Riverside presents an exciting opportunity with homes featuring the triplex subtype. These unique properties offer the perfect blend of functionality and investment potential. Triplexes are ideal for multi-generational living, providing ample space for families while also allowing for rental opportunities. Imagine owning a property where you can live in one unit and benefit from rental income from the others, creating a smart financial strategy.

With a variety of triplex options available in Riverside, you can find homes that cater to your lifestyle and investment goals. Whether you are drawn to the charm of historic neighborhoods or the allure of modern developments, Riverside’s triplex homes offer the perfect canvas for creating lasting memories. Embrace the Riverside lifestyle and discover the possibilities that await you in this dynamic city!

Newest Riverside Homes with Triplex Subtype

3040 Orange, Riverside
$850,000
IV26212285 MLS ⋅ Active Status
Hello, please come and take a look to this triplex that is just minutes walking distance to all major excitement. This units have a lot to offer!!!

3040 Orange, Riverside
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
2944 6th, Riverside
$889,000
9 Beds ⋅ 4 Baths ⋅ PW26081035 MLS ⋅ Active Status
This 3 unit property features a 3 bed 2 bath home, and two remodeled units 1 bed 1 bath ADU Rear Unit and a 5 bed 1 bath guest House. Opportunity knocks in the heart of Downtown Riverside. These centrally located units offer investors a chance to own in an area experiencing continued growth and revitalization. Positioned near notable developments such as the highly regarded Mission Lofts and just a short distance from the recently approved 8-story hotel project, this property is surrounded by clear signs of upward momentum and long-term potential. The location provides immediate access to the best of Downtown Riverside, including acclaimed dining, entertainment, arts, and cultural destinations. Residents can enjoy the historic Mission Inn, Riverside Art Museum, Fox Performing Arts Center, Riverside Philharmonic, Mt. Rubidoux hiking trails, and the Downtown Riverside Farmers Market. The property is also conveniently located near UC Riverside, adding to its appeal and rental demand. With its prime location and proximity to major downtown attractions and new development, this property presents a strong value-add opportunity in one of Riverside’s most dynamic neighborhoods.

2944 6th, 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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