Pending

Listed by: Re/Max Partners

$724,999

4187 Dwight Ave, Riverside, CA 92507

3beds

1,781sqft

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Single Family Residence

Built in 1943

7,841 Square Feet Lot

$718,800 Zestimate^®

$407/sqft

$-- HOA

What's special

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.

5 days

198

5

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2
Main level bathrooms: 2
Main level bedrooms: 3

Rooms

Room types: Kitchen, Living Room

Heating

Wall Furnace

Cooling

None

Appliances

Included: Gas Oven, Microwave
Laundry: Outside

Features

Has fireplace: No
Fireplace features: None
Common walls with other units/homes: No Common Walls

Interior area

Total interior livable area: 1,781 sqft

Property

Features

Levels: One
Stories: 1
Entry location: 1
Pool features: None
Spa features: None
Fencing: Block
Has view: Yes
View description: Neighborhood

Lot

Size: 7,841 Square Feet
Features: Front Yard, Lawn

Details

Parcel number: 221051020
Special conditions: Standard

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Roof: Shingle

Condition

Turnkey
New construction: No
Year built: 1943

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Features: Street Lights

Location

Region: Riverside

Financial & listing details

Price per square foot: $407/sqft
Tax assessed value: $395,352
Annual tax amount: $4,454
Date on market: 6/22/2026
Cumulative days on market: 6 days
Listing terms: Cash,Conventional,Submit

Estimated market value

$718,800

$683,000 - $755,000

$2,542/mo

Price history

Date	Event	Price
6/27/2026	Pending sale	$724,999$407/sqft
Source: CRMLS #IG26133680 Report a problem
6/19/2026	Listed for sale	$724,999+90.8%$407/sqft
Source: CRMLS #IG26133680 Report a problem
3/30/2023	Listing removed	--
Source: Zillow Rentals Report a problem
2/20/2023	Listed for rent	$2,750$2/sqft
Source: Zillow Rentals Report a problem
12/27/2022	Sold	$380,000-4.5%$213/sqft
Source: Public Record Report a problem
12/10/2022	Contingent	$398,000$223/sqft
Source: CLAW #22-221789 Report a problem
12/1/2022	Listed for sale	$398,000+48%$223/sqft
Source: CLAW #22-221789 Report a problem
4/8/2020	Listing removed	$269,000$151/sqft
Source: American Dream Realty, Inc. #19532270 Report a problem
3/27/2020	Price change	$269,000+7.6%$151/sqft
Source: American Dream Realty, Inc. #19532270 Report a problem
3/26/2020	Price change	$250,000-23.1%$140/sqft
Source: American Dream Realty, Inc. #19532270 Report a problem
3/13/2020	Listed for sale	$325,000$182/sqft
Source: American Dream Realty, Inc. #19532270 Report a problem
1/28/2020	Pending sale	$325,000$182/sqft
Source: American Dream Realty, Inc. #19532270 Report a problem
12/14/2019	Listed for sale	$325,000+170.8%$182/sqft
Source: American Dream Realty, Inc. #19532270 Report a problem
5/25/2017	Sold	$120,000$67/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$4,454 +3.4%	$395,352 +2%
2024	$4,308 +0.4%	$387,600 +2%
2023	$4,289 +7.7%	$380,000 +8%
2022	$3,981 +1.2%	$351,900 +2%
2021	$3,932 +34.1%	$345,000 +35.5%
2020	$2,933 +1.9%	$254,689 +2%
2019	$2,878 +2%	$249,696 +2%
2018	$2,822 +57.9%	$244,800 +53.9%
2017	$1,787	$159,045 +2%
2016	$1,787 +55%	$155,927 +55.4%
2015	$1,153 -15.3%	$100,329 +2%
2014	$1,362	$98,366 +0.5%
2013	--	$97,923 +2%
2012	--	$96,004 +2%
2011	--	$94,122 +0.8%
2010	--	$93,421 -0.2%
2009	--	$93,645 +23.6%
2008	--	$75,777 +2%
2007	--	$74,292 +2%
2006	--	$72,836 +2%
2005	--	$71,409 +3.9%
2003	--	$68,730 +2%
2002	--	$67,383 +2%
2001	$642 +2%	$66,063 +2%
2000	$630	$64,769

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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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