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Sold on 08/11/2023
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596 E Avenue B, Blythe, CA 92225

$244,900

Last sold 08/11/2023 for $240K

  • —

    bed

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    bath

Multi-family not for sale
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About 596 E Avenue B

Property type Multi-family
Year built 1942
HOA fee $0/month
Lot size 0.37 Acre
Movoto estimate
Rental estimate
Property description
Great investment opportunity, located in a great area in the heart of town. All long term tenants. Every unit is separate so it's like Buying 3 separate homes together on one lot. All homes come equipped with Central AC and heating. Whether you choose to reside in one unit and lease the others or opt for a complete rental investment Don't miss this incredible opportunity to own a remarkable triplex in a prime location.
Listed by
Listing Agent - Jonathan Smith
Listing Office - RE/MAX Blythe Realty
Source: CRMLS mls logo
MLS#SW23113388 • last updated 3 years ago
Movoto checked CRMLS for data 2 minutes ago
Overview
Levels/Style One
Type Residential Income
SubType Triplex
Status Closed
Lot Size (Acres) 0.37
Lot Size (SqFt) 16117
Year Built 1942
Condition Repairs Cosmetic
Interior
Laundry Individual Room
Appliances Gas Range
Interior Features Unfurnished
Exterior
Foundation Raised
Construction Wood Siding
Building Area Square Feet, 2400
Parking Carport
Other Structures Shed(s)
Lot Description Lawn, Treed Lot
Amenities / Utilities
Fireplaces None
Sewer/ Septic Public Sewer
Water Source Public
Electric Standard
Spa None
Pool None
Location
View Neighborhood
County Riverside
Community Features Sidewalks
Subdivision N/A, Other (OTHR)
Zoning R2
Directions From Remax Head East On Hobsonway, Head North On 5th St, Property On The Left Hand Side.
APN 845162001
Multifamily Details
Operating Expense 6772
Cap Rate 6
Expense: Insurance 2014
Total Expenses 6772
Expense: Water/ Sewer 1620
Gross Income 23520
Expense: Electric 288
Gross Scheduled Income 23520
Lot/ Land Details
Road Frontage City Street
Road Surface Paved
$244K
Range: $216K-$273K
Last 30 days 
Rental est.: $1,030/month
Gross rent multiplier: 19.4
  • Aug 2023
    mls logo MLS # SW23113388
  • Aug 11, 2023 Sold
    $240,000 (-15.8%)
  • Jul 5, 2023 Pending
    —
  • Jun 25, 2023 Listed
    $285,000
  • Year Property taxes Tax assessment
  • 2024
    $2,704 +45.9%
    $244,800 +2.0%
  • 2023
    $1,853 +12.4%
    $240,000 +47.06%
  • 2022
    $1,648 +86.5%
    $163,200 +113.3%
  • 2021
    $884 +1.0%
    $76,513
  • 2020
    $875 +0.8%
    $76,513 +1.04%
  • 2019
    $868 +6.6%
    $75,729 +2.0%
  • 2018
    $814 +2.0%
    $74,245 +2.0%
  • 2017
    $798 +0.9%
    $72,790 +4.04%
  • 2016
    $791 +0.9%
    $69,966
  • 2015
    $783
    —
  • 596 E Avenue B
    $240K
  • —
  • 92225
    $175K -5% y/y
  • Blythe
    $179K -5% y/y
No chart available
Statistics calculated by Movoto

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5/10
Palo Verde High School
public Grades 9-12
Palo Verde Unified School District
Source: GreatSchools.org © 2026. All rights reserved.

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CRMLS Multiple Listing Service™ system
The real estate listing data marked with this icon comes from the IDX program of the CRMLS Multiple Listing Service™ system.
Based on information from California Regional Multiple Listing Service, Inc. as of 11/12/2026. 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.
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