Palm Springs apartments for sale. 5 units, all large 1-bedroom units over 750 square feet each with large private patios and yard space. This is a low maintenance building with plenty of room to add value. Two units are being intentionally left vacant for the sale, giving the Buyer immediate upside. The other units are rented month to month and well below market. Property is a great fit for a value-add investor, furnished rental, or owner user opportunity. Units are potentially large enough to add a 2nd bedroom. There is a laundry room with washer and dryer and a large storage room. Private, gated courtyard. Rare opportunity to invest in world famous Palm Springs.
Off market
Listing Provided by:
$1,277,900
547 Desert Way, Palm Springs, CA 92264
--beds
--baths
--sqft
Multi Family
Built in 1966
-- sqft lot
$1,277,900 Zestimate®
$--/sqft
$-- Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: April 07, 2025 at 08:54am
Source: CRMLS,MLS#: 219126197DA
Originating MLS: California Desert AOR & Palm Springs AOR

Facts & features
Interior
Heating
- Wall Furnace
Cooling
- Wall/Window Unit(s)
Appliances
- Included: Water Heater
Features
- Bar
- Flooring: Carpet, Laminate
- Has fireplace: No
Property
Parking
- Total spaces: 6
- Parking features: Assigned, Guest, Side By Side
- Uncovered spaces: 6
Features
- Levels: One
- Stories: 1
- Has view: Yes
- View description: Mountain(s)
Lot
- Size: 10,018 sqft
- Features: Level
Details
- Parcel number: 680033010
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Repairs Cosmetic
- New construction: No
- Year built: 1966
Community & neighborhood
Security
- Security features: Gated Community
Community
- Community features: Gated
Location
- Region: Palm Springs
- Subdivision: Demuth Park
HOA & financial
Other financial information
- Total actual rent: 5960
Other
Other facts
- Listing terms: Cash,Cash to New Loan,Conventional,1031 Exchange
Services availability

Get pre-qualified for a loan
At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.An equal housing lender. NMLS #10287.