Exceptional investment opportunity in the heart of Banning, CA! This unique property features FOUR separate income-producing structures on one spacious lot — two 2-bedroom, 1-bathroom units and two 1-bedroom, 1-bathroom units. Whether you're looking to build your rental portfolio, create a multi-generational living setup, or live in one and rent the others, the possibilities are endless. Each unit offers its own private entrance and yard space, ideal for tenant privacy and comfort. The property is conveniently located near shopping, schools, freeway access, and just minutes from the expanding Downtown Banning area. With strong rental potential and a layout perfectly suited for maximizing cash flow, this property is a rare find. Don’t miss out on this versatile and high-demand investment! NEIGHBORING PROPERTY CAN ALSO BE INCLUDED - SEE SW25135253. DON'T MISS OUT.
MLS #
CRSW25168552
MLS Source
California Regional MLS
Bedrooms
Ground Floor Bedroom
Fireplace
None
Cooling
None
Heating
No Heating
Pool
None
Garage/Parking
Garage: 0 Car(s)
Elementary District
Banning Unified
High School District
Banning Unified
HOA Fee
$0
Zoning
R3
688 W Nicolet St is a Single Family Residence in Banning, CA 92220. This 2,200 square foot property sits on a 0.45 Acres Lot and features 6 bedrooms & 4 full bathrooms. It is currently priced at $600,000 and was built in 1964. This address can also be written as 688 W Nicolet St, Banning, CA 92220.
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This listing information is up-to-date as of December 04, 2025. For the most current information, please contact Nicole Hicks, (520) 406-6289