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Listed price in listed location currency (USD).
$1,900,000

009

MLS® 219132191DA

  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Residential Income
Size -
Garage No
HOA Fees 
Taxes 
Days Active 172
Approx. Age 1986
MLS® Number 219132191DA

Property Address: 43965 Towne St, Indio, CA, 92201-2432

Average square foot calculated using Size range provided by listing agent.

Description

If you've been waiting for an investment that delivers both reliable income today and upside for tomorrow, 43965 Towne Street deserves a closer look.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 18 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.
MLS® Number219132191DA
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1986
Stories1
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Jul 2, 2025List Date
$1,900,000List Price
  • Commute

Commute

Starting Address
Destination Address
43965 Towne St, Indio, CA

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