4-Unit Apartment Building with Stable Income
Discover an excellent investment opportunity with this fully occupied 4-unit apartment building, featuring recent upgrades and reliable, long-term tenants. The front house boasts brand-new luxury vinyl plank flooring installed in 2025, complemented by a replaced subfloor and updated plumbing for enhanced durability and appeal. The three rear units are equipped with tile flooring and new mini-split air-conditioning units, ensuring tenant comfort and low maintenance.
Current Rents: $2,740 per month, generating consistent cash flow.
Tenant Profile: All units are occupied by long-term tenants with a proven history of on-time rent payments, offering stability for investors.
Utilities: Tenants pay electric; landlord covers water and gas, simplifying expense management.
Recent Upgrades: Luxury vinyl planks (2025), new subfloor, and updated plumbing in the front house; tile flooring and modern mini-split A/C units in the rear units.
This property is ideal for investors seeking a turnkey rental with strong occupancy and recent improvements. Don’t miss this opportunity to own a low-maintenance, income-producing asset in a desirable location. Contact us today for more details or to schedule a viewing!
For sale
Listing Provided by:
Jonathan Smith DRE #01940912 5597416055,
RE/MAX Blythe Realty,
Catherine Garcia DRE #02215514 714-381-0677,
RE/MAX Blythe Realty
Price cut: $15K (6/27)
$230,000
332 S Spring St, Blythe, CA 92225
2beds
4baths
1,917sqft
Est.:
Quadruplex
Built in 1957
-- sqft lot
$-- Zestimate®
$120/sqft
$-- HOA
What's special
Updated plumbingTile flooringReplaced subfloorNew mini-split air-conditioning units
- 56 days
- on Zillow |
- 151 |
- 10 |
Zillow last checked: 7 hours ago
Listing updated: June 27, 2025 at 07:30am
Listing Provided by:
Jonathan Smith DRE #01940912 5597416055,
RE/MAX Blythe Realty,
Catherine Garcia DRE #02215514 714-381-0677,
RE/MAX Blythe Realty
Source: CRMLS,MLS#: SW25112224
Originating MLS: California Regional MLS

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 4
Rooms
- Room types: Kitchen
Heating
- Ductless
Cooling
- Ductless
Appliances
- Laundry: Inside
Features
- Flooring: Tile, Vinyl
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 1,917
- Total interior livable area: 1,917 sqft
Property
Parking
- Total spaces: 6
- Parking features: Assigned, Carport
- Garage spaces: 1
- Carport spaces: 2
- Covered spaces: 3
- Uncovered spaces: 3
Features
- Levels: One
- Stories: 1
- Entry location: 1
- Pool features: None
- Spa features: None
- Fencing: Chain Link
- Has view: Yes
- View description: None
Lot
- Size: 7,405 Square Feet
- Features: Level
Details
- Parcel number: 848123004
- Zoning: R3
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
- Attached to another structure: Yes
Materials
- Block, Stucco
- Foundation: Raised, Slab
- Roof: Shingle
Condition
- Repairs Cosmetic
- New construction: No
- Year built: 1957
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Features: Sidewalks
- Subdivision: Na
Location
- Region: Blythe
Financial & listing details
- Price per square foot: $120/sqft
- Tax assessed value: $60,000
- Annual tax amount: $751
- Date on market: 5/22/2025
- Listing terms: Cash,Conventional,1031 Exchange,Owner May Carry,Submit
- Total actual rent: 32880
- Tenant pays: Electricity
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