Listed by Raul Lozano, Coldwell Banker Envision, (909) 983-9933 . Bought with eXp Realty of California, Inc.
231 E Nicolet St
Banning, CA 92220
- 3 Beds
- 3 Baths
- 1,748 sqft
3 Beds
3 Baths
1,748 sqft
Local Information
-- mins to
Description
New Roof, new painted all outside, and new fascia just installed a few weeks ago. All previous roof layers were removed. Investor's Opportunity, three units 1 bedroom 1 bathroom each one, with great potential to add more bedrooms on this 8,276 SF lot. One unit has been renovated recently, good tenants on a month to month contract, low rent. Each unit has their own Gas and Electric meter. Some of the units may need upgrades and cosmetic repairs. THESE UNITS ARE LOCATED ON THE OPPOSITE SIDE OF THE DRIVEWAY the other side is also for sale on its own price.
231 E Nicolet St, Banning, CA 92220 is a 3 bedroom, 3 bathroom, 1,748 sqft multi-family built in 1951. It last sold for $450,000 on May 15, 2024 (1% above the $447,000 asking price). It is currently off market. The Trulia Estimate is $468,600, with a rent estimate of $2,138/month.
Home Highlights
Parking
Garage
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
180+ days ago
Home Details for 231 E Nicolet St
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Interior Details Number of Rooms: 1Types of Rooms: Bedroom |
Beds & Baths Number of Bedrooms: 3Number of Bathrooms: 3 |
Appliances & Utilities Utilities: Electricity Connected, Sewer ConnectedLaundry: Laundry Room |
Heating & Cooling Heating: Floor FurnaceHas CoolingAir Conditioning: Wall/Window Unit(s)Has HeatingHeating Fuel: Floor Furnace |
Fireplace & Spa Fireplace: NoneNo Fireplace |
Windows, Doors, Floors & Walls Common Walls: 1 Common Wall |
Levels, Entrance, & Accessibility Stories: 1Number of Stories: 1Levels: OneEntry Location: Front |
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Exterior Home Features Roof: Composition ShingleNo Private Pool |
Parking & Garage Number of Garage Spaces: 4Number of Covered Spaces: 4Open Parking Spaces: 4Has a GarageNo Attached GarageParking Spaces: 8Parking: Assigned |
Pool Pool: None |
Frontage Not on Waterfront |
Water & Sewer Sewer: Sewer Tap Paid |
Surface & Elevation Elevation Units: Feet |
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Cumulative Days on Market: 186 |
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Year Built Year Built: 1951 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Triplex |
Building Not a New ConstructionAttached To Another StructureNo Additional Parcels |
Property Information Condition: Repairs CosmeticNot Included in Sale: Tenant's pertinencesParcel Number: 541350005 |
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Price List Price: $447,000 |
Status Change & Dates Off Market Date: Wed May 15 2024 |
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MLS Status: Closed |
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Direction & Address City: BanningCommunity: Solera (Slra) |
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Buyer Agent Buyer Company Name: The Blake Cory Homesel... |
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Building Area Building Area: 1748 Square Feet |
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Community Features: SidewalksNot Senior Community |
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Association for this Listing: California Regional MLS |
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Lot Area: 8276 sqft |
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Special Conditions: Standard |
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Contingencies: 1031 Exchange at no cost to buyer, seller already have the replacement property. An easement will be recorded due units share the driveway with the 253 E Nicolet St owned by the same owner and also for sale. No contingency on selling both ML's anymore.Listing Terms: 1031 Exchange |
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Expense Tenant Pays: All Utilities, Cable TV, Electricity, Telephone |
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No Rent Control |
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Mls Number: TR23160138Living Area Range Units: Square FeetAttribution Contact: 909-319-2293Common Interest: NoneUniversal Property Id: US-06065-N-541350005-R-N |
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Sidewalks |
Last check for updates: about 12 hours ago
Listed by Raul Lozano DRE #01381705, (909) 319-2293
Coldwell Banker Envision
Bought with: Blake Cory DRE #01781649, eXp Realty of California, Inc.
Co-Buyer's Agent: Sam Farzinkhou DRE #01381705, (408) 513-4094, eXp Realty of California, Inc
Originating MLS: California Regional MLS
Source: CRMLS, MLS#TR23160138

Price History for 231 E Nicolet St
| Date | Price | Event | Source |
|---|---|---|---|
| 05/15/2024 | $450,000 | Sold | CRMLS #TR23160138 |
| 03/21/2024 | $447,000 | PendingToActive | Berkshire Hathaway California Properties #TR23160138 |
| 03/20/2024 | $447,000 | Contingent | CRMLS #TR23160138 |
| 03/12/2024 | $447,000 | Listed For Sale | BHHS broker feed #TR23160138 |
| 10/17/2023 | ListingRemoved | Berkshire Hathaway California Properties | |
| 08/27/2023 | $447,000 | Listed For Sale | Berkshire Hathaway California Properties #TR23160138 |
Market trends in Banning
Last updated May 2026
Avg. sale price
$387K
$4KMoM
Sale-to-List Price
100.0%
0.3%MoM
Price per sq ft
$257
$4MoM
Available listings
99
6MoM
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $6,366 |
| Assessment | $458,999 |
Home facts updated by county records
Comparable Sales for 231 E Nicolet St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.30 | Multi-Family Home | $700,000 | 03/16/26 | 6 | 6 | 3,090 | |
0.58 | Multi-Family Home | $600,000 | 12/03/25 | 6 | 4 | 2,200 | |
0.86 | Multi-Family Home | $175,000 | 05/15/26 | 5 | 3 | 1,901 | |
0.74 | Multi-Family Home | $470,000 | 07/09/25 | 3 | - | 1,980 | |
0.55 | Multi-Family Home | $950,000 | 07/25/25 | 14 | 16 | 2,682 | |
0.93 | Multi-Family Home | $650,000 | 07/08/25 | 8 | - | 2,900 | |
5.12 | Multi-Family Home | $510,000 | 10/09/25 | 4 | 3 | 2,196 | |
3.44 | Multi-Family Home | $785,000 | 08/20/25 | - | 6,000 | ||
5.12 | Multi-Family Home | $515,000 | 03/23/26 | 4 | 2 | 1,432 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 231 E Nicolet St.
What Locals Say about Banning
At least 248 Trulia users voted on each feature.
81 % Say car is needed
80 % Say it's dog friendly
79 % Say parking is easy
78 % Say yards are well-kept
70 % Say there's holiday spirit
69 % Say there are sidewalks
53 % Say it's quiet
50 % Say kids play outside
47 % Say they plan to stay for at least 5 years
47 % Say streets are well-lit
45 % Say neighbors are friendly
45 % Say there's wildlife
44 % Say people would walk alone at night
43 % Say it's walkable to restaurants
37 % Say it's walkable to grocery stores
21 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
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Apartments for Rent
Homes for sale near 231 E Nicolet St
Off Market Homes Near 231 E Nicolet St

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-02-09 09:51:42 PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-02-09 09:51:42 PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information