Jim Brock

Broker Associate, RSPS, SRES
License# DRE #01492913

43965 Towne Street, Indio, CA 92201 (Sold on )

  • Open House
  • New Listing
  • Price Reduced
  • VIRTUAL SHOWING
  • PENDING UNDER CONTRACT
  • The seller has accepted an offer on this property.
  • Virtual Tour
  • Coming Soon

 $1,900,000

  • 18 BedBeds
  • 9 BathBaths
  • 800 SqftSqft
  • TypeSingle Family
  • Active
  • MLS# 219142138DA

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Property 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 9 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.

Marketed By

Jim Brock

License# DRE #01492913

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Property Details 43965 Towne Street, Indio, CA 92201

General

  • MLS#: 219142138DA
  • Property Type: Single Family
  • Property Sub Type: Single Family Residence
  • List Date: 01/26/2026
  • Year Built: 1987
  • Area: 699 - Not Defined
  • Subdivision: North Indio Rancho
  • County: Riverside
  • Beds: 18
  • Full Bath: 9
  • Total Baths: 9

Interior Features

  • Flooring: Tile
  • Window Features: Blinds
  • Laundry Features: Common Area

Exterior Features

  • Private Pool: No
  • Carport Spaces: 9.00

Structure

  • Stories: 1
  • Attached Garage: No

Size & Lot

  • Lot Size Acres: 0.5200
  • Lot Size SqFt: 22,651

Utilities

  • Heating: Central
  • Cooling: Central Air

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