4187 Dwight Avenue, Riverside, CA 92507

Riverside
Local realty services provided by:Better Homes and Gardens Real Estate Napolitano & Associates
4187 Dwight Avenue,Riverside, CA 92507
$724,999
  • 5 Beds
  • 3 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: benjamin rubalcava
Office: re/max partners
MLS#:IG26133680
Source:San Diego MLS via CRMLS

Price summary

  • Price:$724,999

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 youre 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

  • Listing ID #:IG26133680
  • Added:1 day(s) ago
  • Updated:June 21, 2026 at 02:38 PM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:3

Structure and exterior

  • Levels:1 Story

Finances and disclosures

  • Price:$724,999
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