Exceptional investment opportunity with three separate units on one property, offering excellent income-producing potential or flexible multi-generational living. Whether you're looking to live in one unit while generating rental income from the others or expand your investment portfolio, this property offers incredible versatility. Each unit provides its own private living space, making it ideal for long-term tenants or extended family. Conveniently located near shopping, dining, schools, and major commuter routes, this is a rare chance to own a property with multiple streams of rental income and strong future potential. Don't miss this unique opportunity!
For sale
Listed by: POWER OF 2 REALTY • JARED JONES • Contact: 951-255-0908
$899,000
205 Waring Ave, Riverside, CA 92507
15beds
--baths
2,000sqft
Multi Family
Built in 1958
-- sqft lot
$874,000 Zestimate®
$450/sqft
$-- HOA
What's special
- 25 days
- 772
- 47
Zillow last checked:
Listing updated:
Listed by:
JARED JONES DRE #01822924 951-255-0908,
POWER OF 2 REALTY,
SARA GRIDER DRE #02146080,
POWER OF 2 REALTY
Source: CRMLS,MLS#: IV26172515
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 15
Heating
- Central
Cooling
- Central Air
Appliances
- Laundry: Inside
Features
- Has fireplace: Yes
- Fireplace features: Living Room
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 2,000
- Total interior livable area: 2,000 sqft
Property
Features
- Levels: One
- Stories: 1
- Entry location: front
- Pool features: None
Lot
- Size: 8,276 Square Feet
- Features: 0-1 Unit/Acre, Back Yard
Details
- Parcel number: 255051015
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- New construction: No
- Year built: 1958
Utilities & green energy
- Sewer: Unknown
- Water: Public
Community & HOA
Community
- Features: Sidewalks
Location
- Region: Riverside
Financial & listing details
- Price per square foot: $450/sqft
- Tax assessed value: $593,550
- Date on market: 8/7/2026
- Cumulative days on market: 25 days
- Listing terms: Cash,Conventional,FHA,VA Loan
Estimated market value
$874,000
$830,000 - $918,000
$2,515/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/7/2026 | Listed for sale | $899,000+76.3%$450/sqft |
Source:  CRMLS #IV26172515 Report a problem | ||
| 4/29/2026 | Listing removed | $1,295$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/21/2026 | Listed for rent | $1,295$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/28/2022 | Sold | $510,000$255/sqft |
Source: Public Record Report a problem | ||
| 12/23/2021 | Contingent | $510,000$255/sqft |
Source: CRMLS #IV21255067 Report a problem | ||
| 11/25/2021 | Listed for sale | $510,000$255/sqft |
Source: CRMLS #IV21255067 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $593,550 +2% |
| 2025 | $6,600 -3.9% | $581,913 +2% |
| 2024 | $6,871 +8.9% | $570,504 +9.7% |
| 2023 | $6,309 +41.3% | $520,200 +33.3% |
| 2022 | $4,465 +5.6% | $390,172 +5.9% |
| 2021 | $4,230 +11.3% | $368,321 +12% |
| 2020 | $3,801 +2.8% | $328,858 +3% |
| 2019 | $3,696 +3.9% | $319,280 +4% |
| 2018 | $3,557 +14.5% | $307,000 +15.4% |
| 2017 | $3,105 | $266,000 +12.7% |
| 2016 | $3,105 +21.5% | $236,000 +4% |
| 2015 | $2,555 +13.7% | $227,000 +15.8% |
| 2014 | $2,247 | $196,000 +28.1% |
| 2013 | -- | $153,000 +8.5% |
| 2012 | -- | $141,000 -56.4% |
| 2011 | -- | $323,195 +0.8% |
| 2010 | -- | $320,781 -0.2% |
| 2009 | -- | $321,545 +2% |
| 2008 | -- | $315,241 +2% |
| 2007 | -- | $309,060 +616.8% |
| 2006 | -- | $43,118 +2% |
| 2005 | -- | $42,274 +3.9% |
| 2003 | -- | $40,688 +2% |
| 2002 | -- | $39,892 +2% |
| 2001 | $467 +1.6% | $39,111 +2% |
| 2000 | $459 | $38,345 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 92507
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