43965 Towne Street, Indio, CA 92201
Local realty services provided by:Better Homes and Gardens Real Estate Oak Valley
43965 Towne Street,Indio, CA 92201
$1,900,000
- 18 Beds
- 9 Baths
- 800 sq. ft.
- Single family
- Active
Listed by: angela maciel-gibbons
Office: bpo homes760-880-8568
MLS#:219142138DA
Source:CRMLS
Price summary
- Price:$1,900,000
- Price per sq. ft.:$2,375
About this home
If you've been waiting for an investment that delivers both reliable income today and upside for tomorrow, 43965 Towne Street deserves a closer look.Located in the heart of Indio, this 9-unit multifamily property is already doing what smart investors want most--it's fully occupied and income-producing from day one. With 18 bedrooms and 9 bathrooms, each unit offers its own private living space, and many of the units have already been updated, creating a solid foundation with minimal deferred maintenance.What truly sets this property apart is the built-in growth potential. Current rents are below market, giving the next owner a clear opportunity to increase cash flow over time through strategic rent adjustments and thoughtful improvements--without needing a major reposition.The location adds another layer of value. Just minutes from downtown Indio, local schools, shopping, and the Empire Polo Grounds--home to Coachella and Stagecoach--this area continues to attract long-term renters. With ongoing development, steady job growth, and strong rental demand, Indio remains one of the most active and promising rental markets in the Coachella Valley.This is the kind of asset investors seek when building or expanding a portfolio: stable, well-located, and positioned for appreciation. The seller is completing a 1031 exchange, making this an excellent opportunity for buyers who are ready to move quickly--whether you're completing your own exchange, adding doors, or securing a long-term hold.Opportunities like this don't come around often: a stabilized property in a growing market with real upside still ahead.Property is fully occupied. Tenants pay electricity and gas. Water is included and paid by the owner....
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Home facts
- Year built:1987
- Listing ID #:219142138DA
- Added:153 day(s) ago
- Updated:June 29, 2026 at 01:44 PM
Rooms and interior
- Bedrooms:18
- Total bathrooms:9
- Full bathrooms:9
- Flooring:Tile
- Living area:800 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central Furnace
- Central air:Yes
Structure and exterior
- Year built:1987
- Building area:800 sq. ft.
- Lot area:0.52 Acres
- Levels:1 Story
Finances and disclosures
- Price:$1,900,000
- Price per sq. ft.:$2,375
Features and amenities
- Laundry features:Common Area
Parking
- Total parking spaces:9
- Parking description:9 Carport Space(s), Covered
- Carport spaces:9
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