43965 Towne Street, Indio, CA 92201
$1,900,000
Property Type:
Residential
Bedrooms:
18
Baths:
9
Square Footage:
800
Status:
Active
Current Price:
$1,900,000
List Date:
3/05/2026
Last Modified:
3/05/2026
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.
More Information MLS# 219142138
Listing, Location and Property Info
Entry Date: 2026-01-26
Land Type: Fee
General Property Information
Fireplace: No
Building # of Stories: 1
Pool: No
Garage: No
Sprinklers: No
Furnished: Unfurnished
Total Bedrooms: 18
Full Baths: 9
Approx SqFt: 800
Total Baths: 9
SqFt Source: Assessor
Lot Size: 22651
Lot Size Source: Assessor
Year Built: 1987
Cross Streets: Ave 44 & Towne St
Listing Info
Short Term Rentals: Unknown
Will Consider Lease: No
Tax Info
Tax Mello Roos: Unknown
Property Info
View: No
Golf Course Within Development: No
Senior Community: No
Gated Community: No
PUD Y/N: No
Total Monthly Association Fees: 0
Community Features
Sidewalks: 1
Sale Type
Standard: 1
Listing Terms
1031 Exchange: 1
Cash: 1
Conventional: 1
FHA: 1
Parking Spaces/Information
Total Covered Spaces: 0
Total Uncovered/Assigned Spaces: 0
Disclosures
None: 1
Levels
Ground: 1
One: 1
Flooring
Tile: 1
Cooling Type
Central Air: 1
Heating
Central: 1
Rooms
Living Room: 1
Laundry
Community: 1
Security Safety
None: 1
Window Treatments
Blinds: 1
Sewer
In, Connected and Paid: 1
Parking
Covered: 1
HOA Information
HOA: No
Land Lease Type
Fee Simple: 1
DPR
DPR Eligible: No
Listing Location and Property Info
APN: 610211017
Status: Active
Listing Date: 2026-01-26
Original List Price: 1900000
List Price: $1,900,000
Current Price: $1,900,000
Property Sub-Type: Single Family Residence
Street #: 43965
Street Name: Towne
Street Suffix: Street
County: Riverside
State: CA
Zip Code: 92201
Area: 311 - Indio Central
Country: US
Status Change Info
Status Change Date: 2026-03-05
Parking SpacesInformation
Total Carport Spaces: 9
Total Parking Spaces: 9
Property Features
Sale Type: Standard
Listing Terms: 1031 Exchange; Cash; Conventional; FHA
Disclosures: None
Community Features: Sidewalks
Levels: Ground; One
Flooring: Tile
Cooling Type: Central Air
Heating: Central
Rooms: Living Room
Laundry: Community
Security Safety: None
Window Treatments: Blinds
Sewer: In, Connected and Paid
Parking: Covered
Land Lease Type: Fee Simple
Listing Office:
BPO Homes
Listing Agent:
Angela Maciel-Gibbons
Last Updated: March - 05 - 2026
Information deemed reliable but not guaranteed.