Browse All Indio CA Multi-Family Properties for Sale

5 Beds ⋅ 3 Baths ⋅ 219154224 MLS

INVESTORS TAKE NOTICE! An excellent opportunity to acquire an income-producing duplex in the desirable Bermuda Dunes rental market! Whether you're looking to expand your investment portfolio, generate rental income, or explore future value-add potential, this versatile property offers an attractive combination of established tenancy, functional living spaces, and long-term investment possibilities. Featuring two separate residences with a combined 5 bedrooms, 3 bathrooms, and an additional bonus room, this property offers flexibility and strong tenant appeal. Unit A features 2 bedrooms, 1 bathroom, spacious living and dining areas, a private entrance, private patio, and covered one-car garage. Unit B offers 3 bedrooms, 2 bathrooms, plus a versatile bonus room with potential for a 4th bedroom or home office. The larger residence also features an open-concept living area, bright kitchen, private courtyard, and attached two-car garage. Numerous improvements have already been completed, including updated laminate flooring, kitchen and living room windows, electrical outlets, ceiling fans, a newer A/C compressor, mini-split system, kitchen enhancements, and plumbing upgrades. Appliances are included, adding convenience for the next owner. Additional highlights include a sparkling swimming pool, expansive backyard, oversized side yard, low-maintenance desert landscaping, generous driveway parking, and potential RV parking. The property backs directly to a neighborhood park with a basketball court, adding to its appeal. THE INVESTMENT OPPORTUNITY: Both units are currently tenant occupied, providing an existing rental income stream with the opportunity to evaluate future rental growth and long-term equity potential. With separate entrances, private outdoor spaces, multiple garages, and desirable floor plans, this duplex offers the features tenants value. Conveniently located near shopping, dining, golf, schools, and easy freeway access, this Bermuda Dunes investment property is worth a closer look. Secure two rental residences in one acquisition and explore the possibilities for your portfolio! Both units are tenant occupied. Showings by appointment only. Please do not disturb occupants. Buyer to verify rental income, expenses, permits, and investment potential.

79321 Avenue 42, Indio

84023 Lingayan A & B Avenue A & B, Indio

$199,997

2 Beds ⋅ 2 Baths ⋅ MB-26207243 MLS

MLS ENTRY-ONLY LISTING. Property is being sold in its present condition. FIXER / INVESTOR OPPORTUNITY DUPLEX! Great opportunity for an investor, contractor, or buyer looking for a renovation project. Property needs repairs and updating and is being sold in its present condition. Excellent potential for the right buyer. Buyer and buyer’s agent to independently verify all property information, condition, permits, square footage, and intended use.

84023 Lingayan A & B Avenue A & B, Indio

$1,695,000

CV-26189172 MLS

45304 & 45352 Park Street, a rare side-by-side, two-parcel apartment offering totaling eight units in the heart of Indio, California. Constructed in 1958 and situated on a combined ±13,940-square-foot lot, the offering consists of two adjacent four-plex buildings delivered together as a single, contiguous investment. All eight units are identical two-bedroom, one-bathroom floor plans of approximately 700 square feet, single-story throughout. The buildings are single-story and pitched-roof construction. Each unit is individually metered for both gas and electricity and served by its own individual water heater. All windows throughout both buildings have been replaced, and all units have tile flooring. Select units have already been remodeled and majority have in-unit laundry hook-ups. Parking consists of carports and half the units have private patios. Indio is the largest and fastest-growing city in the Coachella Valley and eastern Riverside County, with a population of approximately 93,000 to 95,000 year-round residents and an additional seasonal population of roughly 30,000 during the winter months. Indio ranks as the No. 3 fastest-growing city in Southern California, the No. 8 fastest-growing city in California, and the No. 30 fastest-growing city in the United States — growth metrics that place it in rare company among established Southern California municipalities.

45304 Park, Indio

$710,000

6 Beds ⋅ 3 Baths ⋅ 219151512 MLS

Unique multifamily property for entrepreneurial first-time buyer OR established investor. C2 zoning triplex with 3 units in varying renovation stages: Unit A fully renovated, Unit B partially renovated (both 1951), Unit C new construction 2025. All feature laundry facilities (A & B: dedicated rooms; C: separate space). INCOME GENERATOR: Current $5,400/month. Next month, all units available for lease renewal--proven opportunity to increase rents from $1,800 to $2,200-2,500+/unit, projecting $7,000+/month. Potential for $14,000-16,000 annual upside immediately. 2,287 sq ft | C2 Zoning | 6,585 sq ft lot | Indio heart. HOUSE-HACK OR INVESTMENT: Perfect structure for owner-occupant subsidizing mortgage or pure investment strategy. Minimal maintenance: new Unit C, renovated Unit A. Excellent diversification with 3 independent income streams.

45749 Salton Street, Indio

$8,400,000

CV-26165757 MLS

We are pleased to exclusively present a distinguished multifamily investment opportunity at Casa Serena Apartments, 46595 Vargas Road in Indio, CA, offering a strong in-place income stream in the heart of the Coachella Valley. This well-maintained 51-unit garden-style community provides residents with direct access to the I-10 Freeway and Highway 111 retail corridor, and proximity to the world-famous Empire Polo Grounds and Coachella Valley Music & Arts Festival. Situated on a ±106,286 SF lot, Casa Serena features ±29,376 SF of rentable space across 51 one-bedroom/one-bathroom floor plans averaging a generous 576 SF each. Select units have been brand new remodeled with dark cabinetry, granite-style countertops, luxury vinyl wood plank flooring, and new tub and shower surrounds. Open-concept island kitchens offer a breakfast bar, electric stove and range with hood, and ample cabinet storage. Each unit includes walk-in closets, double-pane windows, private individual patios, and central air and heating — all on one story with no neighbors above or below. Common areas feature an on-site laundry facility, lush mature landscaping, a beautifully maintained courtyard, and surface parking, with full-time on-site property management and maintenance staff. Indio’s economy is anchored by a dynamic mix of hospitality, gaming, government, healthcare, and retail. Top employers include Fantasy Springs Resort Casino, Spotlight 29 Casino, the City of Indio, Desert Regional Medical Center, and the College of the Desert — driving a stable, diverse employment base across the Coachella Valley. As the secondary seat of Riverside County government, Indio supports thousands of public sector jobs. Tourism adds powerful economic strength, with nearly 1.4 million annual visitors drawn to the Coachella Valley Music & Arts Festival, the Empire Polo Grounds, and the National Date Festival — sustaining a consistent and resilient tenant base year-round. Casa Serena Apartments is a stable income-producing asset in the Coachella Valley, promising a strong return on investment in one of Southern California’s most rapidly growing communities. Whether you are a first-time investor seeking to enter the market, a seasoned investor looking to expand your portfolio, or considering a 1031 Exchange, this property offers exceptional stability and long-term value.

46595 Vargas Road, Indio

$399,000

4 Beds ⋅ 2 Baths ⋅ 219150685 MLS

Excellent investment opportunity or owner-occupant property! This remodeled duplex offers the flexibility to live in one unit while generating rental income from the other. Both units have been updated and feature 2 bedrooms, 1 full bathroom, a spacious living room, kitchen, and energy-efficient mini-split heating and cooling systems. The property is currently occupied by month-to-month tenants, with each duplex unit renting for $1,400 per month, providing immediate income potential. Additional features include a dividing wall for added privacy between duplex units, washer and dryer hookups in each unit, an aluminum patio, and convenient rear alley access to the back of the property. Whether you're looking to expand your investment portfolio or purchase a home with strong rental potential, this versatile property is one you won't want to miss.

84058 Leyte Avenue, Indio

$485,000

4 Beds ⋅ 2 Baths ⋅ IG-26161607 MLS

Investor-ready duplex with two identical units (each 2 bed / 1 bath). Both units were recently remodeled and feature modern finishes, clean layouts and separate electric and gas meters for easy tenant billing. Ideal live-and-rent or buy-and-hold opportunity in a convenient Indio location close to shopping, dining and freeway access. Strong turnkey potential — bring your investors or buyers. Broker/agent to verify square footage, lot size and utilities. Contact listing agent for showings.

84057 Manila, Indio

$560,000

6 Beds ⋅ 5 Baths ⋅ 219150003 MLS

Secure Investment with Immediate Returns in North Indio We present a unique opportunity for investors seeking steady cash flow and long-term appreciation. This multi-unit property, located in North Indio, generates monthly rental income with stable month-to-month tenants currently in place. Why this property? · Insatiable demand: North Indio is experiencing a residential and commercial boom, driven by the expansion of the Coachella Valley. · Guaranteed appreciation: Housing developments and shopping centers in the area are driving land values up year after year. · Low-maintenance units. The rental market in this area has a 96% occupancy rate, and prices per square foot have risen 18% over the last 24 months. Key fact: The city council has just approved a new commercial district just 5 minutes away, which will skyrocket demand over the next 12 months. Don't let this gem slip away: properties with this income-appreciation profile sell in under 15 days in Indio. Your next recurring income stream awaits.

82480 Crest Avenue, Indio

$963,999

3 Beds ⋅ 2 Baths ⋅ 219147909 MLS

This property is truly unique, comprising two separate structures--one commercial space and one duplex--under a single APN. The commercial building was remodeled just five years ago. It features eight distinct spaces that can be rented out individually or utilized as a single office suite. It also includes two restrooms and a waiting area. Located behind the commercial building is a private parking lot. Adjacent to this are the duplex units: one consists of two bedrooms and one bathroom, while the other features one bedroom and one bathroom. Both units are currently rented out on a month-to-month basis, without formal leases.

45667 Oasis Street, Indio

$1,260,000

30 Beds ⋅ 14 Baths ⋅ 219146255 MLS

What's Being Offered • A mobile home park with 12 tenant-occupied units Pluss 2 more. • Rent guaranteed by the county through 2041 year. • A government-backed housing program (likely subsidized housing lease) • Owner responsibilities are minimal: o Provide Free water service. o Maintain general cleanliness of the park . o Tenants pay: (Electricity. Gas. Internet ) o Repairs (for pay from tenants' units) 🏠 The 2 Owner-Owned Units. These are different Mobiles Homes: Owner must handle repairs on the water well. Still not responsible for electricity or gas for the other 12 Mobiles Homes. • These generate separate rental income (not part of the county master lease) 💰 The Big Selling Point • 'Guaranteed income through 2041' This is the headline feature. o 🚩 No Units are vacant? 2. Owner offers financials details. o Actual monthly income o Expenses (water, maintenance, insurance, taxes) o Net operating income (NOI) 3. Utility responsibility. It says owner provides water service, And Maitane's service to the Well. 4. Repairs 'not your responsibility on the 12 Mobiles Homes. Who owns each mobile home. Different tenants. Tenants own their homes (common in mobile home parks) That's a big advantage, 5. The others 2 units or Mobiles Homes are owned by the sellers. These could: Add income two more Income, per month. 🧠 Bottom Line. This could be: A low-maintenance, stable cash-flow investment A 'guaranteed' income. A summary of rent roll. As of today, I can tell you about the outcome regarding the parking situation: An APN (Assessor's Parcel Number) has been assigned to each individual parking space. This was done to ensure that every property could be uniquely identified; as humans, we tend to repeat numbers and street names, which creates issues for utility providers such as water and electricity companies. That is precisely what the County did: it subdivided the parcels of land upon which the mobile homes are situated. However, while the individual records for each lot now list the designation 'LEASE LAND,' the general property records still identify José and his wife as the legal owners. -------------------------------------- Para preguntas y citas llama/texto: Salvador 760.409.3614

40265 Galindo Court, Indio

$450,000

4 Beds ⋅ 2 Baths ⋅ 219144393 MLS

Discover your new property in the heart of downtown Indio, where vibrant city life meets modern convenience. This charming duplex offers an unbeatable location amidst the exciting revitalization of the area. With the construction of a new three-story City Hall and library, along with extensive infrastructure upgrades on Oasis Street, the transformation of Indio is well underway. Enjoy the benefits of living near the expanding Boulevard 111 corridor, which is quickly becoming a hub of cultural and social activity. New mixed-use residential and commercial developments are bringing a fresh energy to the neighborhood, complemented by an array of dining and shopping options. Savor the local flavors with new additions like Chick-fil-A, Dutch Bros, and Starbucks, or explore the vibrant Green Shopping Center. These improvements are strategically designed to elevate downtown Indio into a premier destination where residents and visitors alike can work, live, and play. Whether you're grabbing coffee, enjoying a meal, or exploring cultural and social hubs, everything you need is right outside your door. This duplex is not just a home; it's an opportunity to be part of Indio's exciting future--where lifestyle, convenience, and community converge. Don't miss your chance to enjoy the dynamic lifestyle and growth opportunities this location offers.

45741 Smurr Street, Indio

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Browse All Indio CA Multi-Family Properties for Sale

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