4187 Dwight Avenue, Riverside, CA 92507
Local realty services provided by:CENTURY 21 Fort Bragg Realty
4187 Dwight Avenue,Riverside, CA 92507
$724,999
- - Beds
- - Baths
- 1,076 sq. ft.
- Multi-family
- Active
Listed by: benjamin rubalcava
Office: re/max partners951-278-8755
MLS#:IG26133680
Source:CRMLS
Price summary
- Price:$724,999
- Price per sq. ft.:$673.79
About this home
Rare Opportunity with Future Upside! This unique property features two beautifully finished homes on one lot, thoughtfully positioned on opposite sides of the property to maximize privacy and functionality. Both residences are fully operational and showcase quality workmanship, creating an ideal setup for multigenerational living, rental income, or owner-occupancy with supplemental income potential. As an added bonus, the seller has already consulted with an architect and obtained conceptual plans illustrating the potential placement of a third home on the property (buyers should verify all development possibilities with the appropriate agencies). Whether you’re looking for a turnkey investment, a family compound, or a property with future expansion potential, this offering combines immediate usability with exciting long-term possibilities. Cap rate reflects a stabilized, pro forma analysis based on market rents and reassessed property taxes, resulting in a 5.9% projected return.
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Home facts
- Year built:1943
- Listing ID #:IG26133680
- Added:1 day(s) ago
- Updated:June 19, 2026 at 05:34 PM
Rooms and interior
- Kitchen Description:Gas Oven, Microwave
- Living area:1,076 sq. ft.
Heating and cooling
- Heating:Wall Furnance
Structure and exterior
- Roof:Shingle
- Year built:1943
- Building area:1,076 sq. ft.
- Lot area:0.18 Acres
- Lot Features:Front Yard, Lawn
- Levels:1 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$724,999
- Price per sq. ft.:$673.79
Features and amenities
- Laundry features:Outside
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