Riverside (252) Homes with Apartment Subtype

Welcome to Riverside, California, a vibrant city nestled in the heart of Riverside County. Known for its rich history, diverse culture, and stunning natural landscapes, Riverside offers a unique blend of urban amenities and suburban charm. With its picturesque views of the nearby mountains and the iconic Santa Ana River running through the city, Riverside is a haven for outdoor enthusiasts and families alike.

One of the standout features of Riverside is its thriving real estate market, particularly homes with apartment subtypes. These properties are perfect for those looking to invest in multi-family living arrangements or for homeowners seeking additional rental income. Imagine living in a beautiful home while having the flexibility of an attached apartment—ideal for extended family, guests, or even as a rental unit to help offset your mortgage.

Riverside's homes with apartment subtypes boast spacious layouts, modern amenities, and proximity to excellent schools, parks, and shopping centers. The community is known for its welcoming atmosphere, making it a fantastic place to raise a family or settle down. With a variety of architectural styles, from charming craftsman bungalows to contemporary designs, there’s something to suit every taste.

In addition to its residential appeal, Riverside is home to a vibrant arts scene, renowned dining options, and numerous recreational activities. Whether you’re exploring the historic Mission Inn, enjoying a day at the Riverside Plaza, or taking a stroll along the scenic Riverwalk, you’ll find that Riverside truly offers the best of Southern California living. Discover your dream home with an apartment subtype in this dynamic city and experience all that Riverside has to offer!

Newest Riverside (252) Homes with Apartment Subtype

$895,000

IV26095718 MLS ⋅ Active Status

RIVERSIDE, NEAR DOWNTOWN, NICE 4 UNIT APARTMENT BUILDING, STOVES, WALL A/C'S, LAUNDRY ROOM WITH 1 WASHER/1 DRYER, LARGE FENCED COURTYARD, GARAGES, SPRINKLERS, CLOSE TO RIVERSIDE CONVENTION CENTER AND MISSION INN, 2 - 1 STORY UNITS ARE IN FRONT BUILDING AND 2 UPSTAIRS UNITS WITH 4 DOWNSTAIRS GARAGES ARE IN SEPARATE BACK BUILDING 3074 LEMON - STUDIO/1BATH (FRONT BUILDING) 3076 LEMON - 1 BDR/1 BATH (FRONT BUIDLING) 3078 LEMON - 1 BDR/1 BATH (BACK BUILDING) 3080 LEMON - 1 BDR/1 BATH (BACK BUILDING) WATER IS PAID FOR TENANTS AT 3074, 3078, AND 3080. ALL UTLITIES ARE PAID FOR TENANT AT 3076.

3076 Lemon, Riverside

$1,100,000

IV26090701 MLS ⋅ Active Status

3717 Roosevelt Street presents a well-located 3+1 multifamily opportunity in one of Riverside's most stable residential corridors. The property consists of three 2-bed / 1-bath units plus and additional non-conforming 2-bed / 1-bath unit, offering an attractive unit mix and strong income potential. Current rents remain slightly below market, providing a clear path to upside through standard turnover and light interior improvements, with pro forma gross income projected at $100,800 annually. Operating costs are lean, and the 1960s construction profile supports efficient, predictable management with minimal deferred maintenance concerns. Positioned near major employment centers, retail hubs, and key transportation routes, the asset delivers a compelling blend of stability, cash-flow growth, and long-term appreciation-making it an ideal acquisition for investors seeking well-located, manageable multifamily in the heart of Riverside.

3717 Roosevelt, Riverside

$14,000,000

CV26053930 MLS ⋅ Active Under Contract Status

We are pleased to present the exclusive opportunity to acquire 63 units across two contiguous parcels, consisting of the La Paz and Las Palmas Apartments. Located in the heart of Riverside, these assets offer a premier foothold in one of Southern California’s most high-demand rental markets. These well-maintained assets occupy a prime location at 2032 and 2052 Linden Street, offering tenants unparalleled convenience and a high-quality lifestyle. The properties are located just minutes from the vibrant Downtown Riverside district, the historic Mission Inn Hotel and Spa, and major educational anchors including Riverside City College, Cal Baptist University and the University of California, Riverside. Commuters benefit from immediate access to the Metrolink Downtown Riverside Station and a sophisticated regional transportation network. With proximity to the 91, 10, 60, and 215 freeways, the property serves as a central hub connecting residents to major employment centers across Riverside, San Bernardino, Orange, and Los Angeles Counties. The community offers a secure environment through gated entry and perimeter fencing, complemented by a suite of amenities including a community swimming pool, shared laundry facilities, and an outdoor BBQ area. The architecture is defined by a classic stucco and stone aesthetic, framed by lush, mature landscaping. Property infrastructure includes both covered and surface parking for resident convenience. Two-car garages are also available for lease, ideal for both parking and additional storage. Interior features include functional kitchens equipped with oven ranges, ceiling fans, vertical blinds, and a mix of tile or vinyl wood flooring. Each unit is further serviced by wall-mounted air conditioning and heating units. These stable, well-maintained assets provides immediate income security and remains a highly attractive destination for residents seeking quality housing in a well-established submarket. The portfolio’s proven performance and strategic location make it an ideal acquisition for a wide range of investors. Whether tailored for a first-time purchaser looking for scale, a seasoned institutional investor expanding a regional footprint, or a 1031 exchange buyer requiring a reliable, low-vacancy asset, these contiguous properties offer long-term stability and an exceptional foothold in the thriving Inland Empire economy.

2032 W Linden, Riverside

$1,575,000

CV26019708 MLS ⋅ Active Status

Pleased to exclusively present the opportunity to acquire two side-by-side 4-plex apartment buildings built in 1966 with 5,712 rentable square feet on a 0.33 acre contiguous lot in the City of Riverside. This offering totals eight units and features a highly functional mix of one and two bedroom floor plans. Ideally positioned with convenient access to the I-10, I-215, SR-60, and SR-91 freeways, the property offers residents excellent regional connectivity throughout the Inland Empire. The buildings are equipped with two on-site laundry facilities, wall-mounted air conditioner & heater units. Each unit is individually metered for gas and electricity & have individual hot water heaters. Parking consists of 11 open parking spaces. The property is on septic, with new tank installed in 2025. The electrical panels were also recently updated. The asset presents a value-add opportunity, with the ability to enhance cash flow through rent growth. Additionally, qualified buyers may benefit from the potential availability of 30-year fixed-rate financing, a significant advantage for investors seeking stable, long-term returns on small-balance multifamily assets. Riverside offers a strong and affordable investment backdrop anchored by steady job growth and a diversified employment base. The city is home to University of California, Riverside and benefits from a large public-sector presence tied to Riverside County, healthcare, education, and logistics. Compared to coastal Southern California markets, Riverside remains relatively affordable, supporting continued in-migration and sustained renter demand. Residents enjoy a robust lifestyle and amenity base, including the historic Mission Inn Hotel & Spa, the Fox Performing Arts Center, and outdoor attractions such as California Citrus State Historic Park. With a population of approximately 323,700 and a median household income near $88,600, Riverside’s demographic and economic fundamentals continue to support long-term multifamily ownership. Overall, 421–427 Devener Street represents an attractive opportunity to acquire a centrally located apartment building in Southern California’s most resilient and investor-friendly inland markets.

421 Devener, Riverside

$885,000

CV26019641 MLS ⋅ Active Under Contract Status

Pleased to exclusively present the opportunity to acquire a five-unit multifamily property built in 1962 with 3,264 rentable square feet on a 0.21 acre lot in the City of Riverside. The property features a highly functional unit mix of one and two bedroom floor plans, with single-story construction. The property has an on-site laundry room, wall-mounted air conditioner & heater units, & each unit is separately metered for gas and electricity. The property is on septic. Parking consists of 5 carport parking spaces and 4 open space parking. Riverside presents a compelling investment environment driven by a diverse employment base, continued population growth, and relative affordability compared to coastal markets. Major employment anchors include the County of Riverside, March Air Reserve Base, and the University of California, Riverside, which together support stable housing demand from government, military, academic, and healthcare professionals. Residents enjoy a strong quality of life with access to Downtown Riverside amenities such as the historic Mission Inn, the Fox Performing Arts Center, and outdoor recreation at California Citrus State Historic Park. Ongoing downtown reinvestment, including the Riverside Alive initiative featuring new residential, office, retail, hotel uses, and convention center expansion, further reinforces long-term economic growth and rental demand. With solid fundamentals, efficient unit layouts, limited utility exposure, and a growing Inland Empire market, 1195 Spring Street offers investors an attractive opportunity to acquire a stable, well-located multifamily asset positioned for durable income and long-term appreciation.

1195 W SPRING STREET, Riverside

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