4187 Dwight Ave

Riverside, CA 92507

$724,999
Price
5
Beds
3
Baths
1,076 Sq. Ft.
$674 / Sq. Ft.
1,076
Sq. Ft.
$674
per Sq. Ft.
Get preapproved with Rocket Mortgage1
New
New

Description

Rare Opportunity with Future Upside! This unique property features two beautifully finished homes on one lot, thoughtfully positioned on opposite sides of the property to maximize privacy and functionality. Both residences are fully operational and showcase quality workmanship, creating an ideal setup for multigenerational living, rental income, or owner-occupancy with supplemental income potential. As an added bonus, the seller has already consulted with an architect and obtained conceptual plans...Rare Opportunity with Future Upside! This unique property features two beautifully finished homes on one lot, thoughtfully positioned on opposite sides of the property to maximize privacy and functionality. Both residences are fully operational and showcase quality workmanship, creating an ideal setup for multigenerational living, rental income, or owner-occupancy with supplemental income potential. As an added bonus, the seller has already consulted with an architect and obtained conceptual plans illustrating the potential placement of a third home on the property (buyers should verify all development possibilities with the appropriate agencies). Whether you’re looking for a turnkey investment, a family compound, or a property with future expansion potential, this offering combines immediate usability with exciting long-term possibilities. Cap rate reflects a stabilized, pro forma analysis based on market rents and reassessed property taxes, resulting in a 5.9% projected return.
  1. Listed by Benjamin Rubalcava • DRE #01877582 • Brokerage DRE #01792182 • Re/Max Partners • 714-673-5181

Property Details for 4187 Dwight Avenue

View
Neighborhood
Parking Spaces Total
0
Private Pool
No
Cooling Type
None
Total Units
2.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
1076
LISTING UPDATED: 06/19/2026 01:27 AM

Property Details for 4187 Dwight Avenue

StatusActive
MLS #IG26133680
Days on MarketListed Today
Taxes-
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income
Year Built1943
Lot Size0.18 AC / 7,841 SF
CountyRiverside County
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Location

Listing Courtesy of Re/Max Partners, Benjamin Rubalcava, DRE #01877582
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Building Information for 4187 Dwight Avenue

Stories1Residences-Year Built1943Building Size-Lot Size0.18 AC / 7,841 SF

Payment Calculator

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OriginPoint Mortgage or Rocket Mortgage1

$3,984 per month

30 year fixed, 6.36% Interest

Principal and Interest

$3,613

Property Taxes

$371

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 4187 Dwight Avenue

Rental Info
Rental Info
  • Tenant Pays: All Utilities
Income / Expense / Tax Details
Income Details
  • Gross Income: $60,600
  • Gross Scheduled Income: $60,600
  • Net Operating Income: $42,428
  • Cap Rate: 5.9
Expense Details
  • Operating Expense: $18,172
  • New Taxes Expense: $8,400
  • Fuel Expense: $0
  • Insurance Expense: $2,500
  • Maintenance Expense: $3,030
  • Professional Management Expense: $3,030
  • Other Expense: $1,212
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $18,172
Tax / Assessment Info
  • Tax Tract Number: 1
  • CFD/Mello-Roos Fee: $66
  • Tax Lot: 77
Community / Development
Community / Development
  • Community Features: Street Lights
Property / Structure Info
Interior Features
  • Appliances: Microwave, Gas Oven
  • Equipment: Microwave, Outside
  • Laundry: Yes
  • Laundry Features: Outside
  • Cooling: None
  • Heating Type: Wall Furnace
  • Heating: Wall Furnace
Exterior Features
  • Roof: Shingle
  • Entry Location: 1
  • Fence: Yes
  • Fencing: Block
  • Property Condition: Turnkey
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Pool Heat: N/K
  • Spa Features: None
  • Spa Heat: N/K
Land/Lot Info
  • Lot Features: Front Yard, Lawn
  • Number Of Units: 2
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
Property / Structure Info
  • Residential Styles: Res Income 2-4 Units
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 2250
  • Unit Type Type: 2
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $2,800
  • Unit Type Total Rent: $2,800
  • Unit Type Pro Forma: 2800
  • Unit Type Type: 1
Unit Information
  • Number Of Units Leased: 1
  • Rent Controlled: No
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1

Property History for 4187 Dwight Avenue

DateEvent & SourcePriceAppreciation
Jun 19, 2026

Listed (Active)

CRMLS #IG26133680

$724,999—
Jun 19, 2026

Listed (Active)

CLAW #IG26133680MR

$724,999—
Jun 19, 2026

Listed (Active)

SDMLS #IG26133680

$724,999—
DateEvent & SourcePrice
06/19/2026

Listed (Active)

CRMLS #IG26133680

$724,999
06/19/2026

Listed (Active)

CLAW #IG26133680MR

$724,999
06/19/2026

Listed (Active)

SDMLS #IG26133680

$724,999

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 4187 Dwight Avenue

Taxable ValueLand$72,828Additions$322,524Total$395,352
Tax Record2025$4,454 ($371 / month)
Home Facts
Beds3Baths2Total Finished SqFt1,076 SqFtAbove Grade Finished SqFt1,076 SqFtStories1Lot Size7,840 SqFtStyleSingle Family ResidenceYear Built1943ZoningR1CountyRIVERSIDEAPN221-051-020Fireplace TypeHas Fireplace

Schools near 4187 Dwight Avenue

This home is within Riverside Unified School District.
Rating
School
Type
Grades
Distance
Pachappa Elementary School
Public - K to 6
Matthew Gage Middle School
Public - 7 to 8
Polytechnic High School
Public - 9 to 12
Abraham Lincoln Continuation School
Public - 9 to 12
Rating
School
Distance
Pachappa Elementary School
PublicK to 6

Matthew Gage Middle School
Public7 to 8

Polytechnic High School
Public9 to 12

Abraham Lincoln Continuation School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 4187 Dwight Avenue, Riverside, CA 92507

4187 Dwight Avenue is a multi-family home for sale in Riverside, CA 92507. This property was listed for sale on June 19, 2026 by Re/Max Partners, it's currently listed at $724,999. It has been on the market for a total of 0 days and was last sold on December 27, 2022. This listing's school district is Riverside Unified School District. Nearby schools include Pachappa Elementary School, Matthew Gage Middle School and Polytechnic High School. 4187 Dwight Avenue is a 5-bed, 3-bath, 1,076 sqft multi-family home built in 1943.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Re/Max Partners, Benjamin Rubalcava, DRE #01877582

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.