Trimark Realty
316 S Spring Street primary photo
Active·Multi-Family (8 Units)

$649,000

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316 S Spring Street, Blythe CA 92225

Riverside CountyBlythe374 - Blythe areaThe Chanslor Place (37401) Division
8 beds8 baths6,000 sqft

Multi-Family (8 Units)

Property type

80 days

On market

$108

Price per sqft

0 cars

Garage

1957

Year built

14,810 sqft

Lot size

Home highlights

Cul-De-Sac

Open Houses

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Overview

Fantastic Income Producing Multi-Family Property with exceptional room to raise Rents! All 8-Units are Fully Occupied with each Occupant having a Month-to-Month Tenancy. With Market Rents continuously increasing at a steady pace, raising value and producing a steady stream of high rental income should come at ease for any investor. Acquire S. Spring St. Today and continue to...

Listing provided by: JAKE BARBOSA DRE #02029383, SUPREME INVESTMENT CORP

Listing updated: Apr 1, 2026 at 01:18am.

Last checked: Jun 5, 2026 at 07:01pm

Source: CRMLS #WS26058265

Multi-family Analysis

Unit Information

UnitsBedsBathsGarageActual RentTotal RentPro FormaFurnished?
611$600$600$1,000Partially
211$575$575$1,000Partially
  • # of Buildings: 2

  • # of Units Total: 8

  • Separate Electric Meters: 8

  • Separate Gas Meters: 0

  • Separate Water Meters: 0

  • Rent Control: No

  • Units Leased: 8

  • Total Actual Rent: $4,750

  • Tenant Pays: Electricity

Financial Snapshot

Gross Rent Multiplier

11.4x

List Price / Annual Gross Rent

Cap Rate

7.05%

NOI / List Price

  • Gross Scheduled Income: $57,000

  • Vacancy Allowance: $0

  • Vacancy Allowance Rate: 0%

  • Operating Expense: $11,244

  • Net Operating Income: $45,756

Annual Operating Expenses

  • Electric: $0

  • Gardener: $300

  • Fuel: $0

  • Insurance: $1,623

  • Professional Management: $0

  • Trash: $0

  • Water / Sewer: $0

Interior

  • Interior Features: All Bedrooms Down

  • Room Type: Bedroom

  • Fireplace: None

  • Laundry: None

  • Entry Location: First, Street Level

Exterior

  • Property Attached: Yes

  • Stories Total: 1

  • Levels: One

  • Common Walls: Two Common Walls Or More

  • Lot Features: Cul-de-sac, Front Yard, Lawn, Level, Near Public Transit, Rectangular Lot, Street Level, Yard

  • Pool: None

  • Fencing: Chain Link

  • Water Source: Public

  • Sewer: Public Sewer

  • Electric: Standard

  • Utilities: Electricity Connected, Natural Gas Available, Sewer Connected, Water Connected

  • Road Surface Type: Paved

Garage and Parking

  • Parking: Unassigned

  • Garage Spaces: 0

  • Parking Total: 0

Lot Information

  • Land Lease: No

  • Common Interest: CommunityApartment

  • Parcel #: 848123002

  • Additional Parcels: Yes

  • Tax Lot: 15

  • Zoning: R-M-L

  • Subdivision: The Chanslor Place (37401)

Community

  • HOA: No

  • HOA Fee: $0

  • Senior Community: No

  • Community Features: Curbs, Suburban, Sidewalks

Nearby Schools

Nearby schools around the 316 S Spring Street, Blythe, CA 92225. Contact the school or district directly to verify enrollment eligibility.

Payment Calculator

Total Principal

$519,200

Total Interest

$662,211

Total Payment

$1,181,411

Payoff Date

Jun 2056

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PMI is disabled automatically when your down payment is 20% or more.

Est. Payment

$4,108

per month

Principal
$469
Interest
$2,812
Property Tax
$676
Home Insurance
$150
PMI
$0
HOA
$0

Property History for 316 S Spring Street

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Blythe Market Snapshot

Market stats compare this property with recent MLS activity for similar property types in 92225.

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