- 6 Beds
- 4 Baths
- 2,200 Sqft
- .45 Acres
688 Nicolet Street
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.
Essential Information
- MLS® #SW25168552
- Price$600,000
- Bedrooms6
- Bathrooms4.00
- Full Baths4
- Square Footage2,200
- Acres0.45
- Year Built1964
- TypeResidential
- Sub-TypeSingle Family Residence
- StatusActive Under Contract
Community Information
- Address688 Nicolet Street
- SubdivisionTerrain Estates
- CityBanning
- CountyRiverside
- Zip Code92220
Area
263 - Banning/Beaumont/Cherry Valley
Amenities
- ViewMountain(s)
- PoolNone
Interior
- Interior FeaturesAll Bedrooms Down
- HeatingNone
- CoolingNone
- FireplacesNone
- # of Stories1
- StoriesOne
Exterior
- Lot DescriptionZeroToOneUnitAcre
School Information
- DistrictBanning Unified
Additional Information
- Date ListedJuly 25th, 2025
- Days on Market26
- ZoningR3
Listing Details
- AgentNicole Hicks
- OfficeRealty Masters & Associates
Price Change History for 688 Nicolet Street, Banning, (MLS® #SW25168552)
| Date | Details | Change |
|---|---|---|
| Status Changed from Active to Active Under Contract | – |
Nicole Hicks, Realty Masters & Associates.
Based on information from California Regional Multiple Listing Service, Inc. as of August 22nd, 2025 at 3:40am PDT. 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.