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43965 Towne St, Indio, CA, 92201

18beds
9baths
800sqft
$1,900,000
$2,375price/sqft
$11,776/moest. monthly cost
$471,040/yrincome needed

About This Home

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.

Getting Around

56
WalkingSomewhat Walkable
0
TransitVery Limited Transit
61
BikeBikeable

Schools

4/10
Desert Ridge AcademyGrades 6-84.0 mi
6/10
Shadow Hills High SchoolGrades 9-123.8 mi

Construction

Condition

  • Year built: 1987

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Laundry features: Common Area

Bedrooms & Bathrooms

  • Bedrooms: 18
  • Bathrooms: 9
  • Full bathrooms: 9

Features

  • Window features: Blinds
  • Flooring: Tile

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 800 sqft

Property

Details

  • Parcel number: 610211017
  • Attached to another structure: Yes
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1

Lot

  • Lot size: 0.52 Acres

Parking

  • Total spaces: 9
  • Parking features: Covered
  • Covered spaces: 9
  • Carport: Yes
  • Carport spaces: 9