Riverside (252) Homes with Triplex Subtype

Riverside (252) Homes with Triplex Subtype

Welcome to Riverside, California—a vibrant city nestled in the heart of Riverside County, where the sun shines brightly and the spirit of community thrives. Known for its rich history, scenic beauty, and diverse culture, Riverside offers a unique blend of urban convenience and suburban charm. With its stunning views of the Santa Ana Mountains and proximity to the iconic California citrus groves, Riverside is a place that captures the essence of Southern California living.

For those seeking investment opportunities or multi-generational living arrangements, homes with a triplex subtype in Riverside are a perfect choice. These properties not only provide the potential for rental income but also offer a unique lifestyle option for homeowners looking to share space with family or friends while maintaining a sense of independence. Imagine living in one unit while renting out the others to help offset your mortgage—it's a savvy financial move that many are embracing in today’s real estate market.

Riverside’s triplex homes often feature spacious layouts, modern amenities, and outdoor spaces perfect for enjoying the California sun. With neighborhoods that boast tree-lined streets, parks, and easy access to shopping, dining, and entertainment, you’ll find that Riverside is a welcoming place to call home. Whether you’re an investor looking to expand your portfolio or a family seeking a unique living arrangement, Riverside’s triplex properties offer a fantastic opportunity to enjoy the best of California living. Discover the possibilities that await you in this dynamic city!

Newest Riverside (252) Homes with Triplex Subtype

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

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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