43965 Towne ST Indio, CA 92201
18 Beds
9 Baths
800 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 800 sqft
Price per Sqft $2,375
Subdivision North Indio Ranchos
MLS Listing ID 219142138
Bedrooms 18
Full Baths 9
HOA Y/N No
Year Built 1987
Lot Size 0.520 Acres
Property Sub-Type Single Family Residence
Property Description
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.
Location
State CA
County Riverside
Area 311 - Indio Central
Interior
Heating Central
Cooling Central Air
Furnishings Unfurnished
Fireplace false
Exterior
Parking Features false
View Y/N false
Private Pool No
Building
Story 1
Entry Level Ground,One
Sewer In, Connected and Paid
Level or Stories Ground, One
Others
Senior Community No
Acceptable Financing 1031 Exchange, Cash, Conventional, FHA
Listing Terms 1031 Exchange, Cash, Conventional, FHA
Special Listing Condition Standard