323 E Colton, Redlands, CA 92374
- $585,000
- Sold Price
- $585,000
- List Price
- $599,000
- Closing Date
- Jul 14, 2026
- Status
- CLOSED
- MLS#
- IV26031319
- Year Built
- 1891
- Lot Size
- 5,652
- Acres
- 0.13
- Lot Location
- Corner Lot, Sprinklers In Front
- Days on Market
- 66
- Property Type
- Multifamily
- Property Sub Type
- Duplex
- Stories
- Two Levels
Property Description
Fantastic opportunity to purchase a turnkey duplex within walking distance to University of Redlands and downtown. This rare investment opportunity offers a fully leased 2 units includes a spacious 2 bedroom, 1 bath downstairs and a generous 1 bedroom, 1 bath upstairs. Also includes a garage and a storage room, along with a shared laundry room including 2 washers and 2 dryers. The roof was replaced in 2016. Separate meters for electricity. The units are in great condition and the lot is fully landscaped. Fantastic long term tenants that would love to stay. This is an easy breezy long term investment.
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Additional Information
- Appliances
- Dryer, Washer
- Pool Description
- None
- Heat
- Heat Pump, Wall Furnace
- Cooling
- Yes
- Cooling Description
- Wall/Window Unit(s)
- View
- Mountain(s)
- Roof
- Composition
- Garage Spaces Total
- 1
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Attached
- Number Of Units Total
- 2
- Gross Scheduled Income
- $40,800
- Operating Expense
- 11132
Listing courtesy of Listing Agent: DANIEL GRUNER (DAN.GRUNERTEAM@GMAIL.COM) from Listing Office: THE ASSOCIATES REALTY GROUP.
Listing sold by Norma Arias from Coldwell Banker Envision
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.