3043 Market, Riverside, California 92501, Riverside, 92501 - 2 bed, 2 bath
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Riverside, California 92501
This Remodeled Historical Residence is listed at $499,000, reflecting the fairness and stability of the price relative to its $473,557 Fair Market Value. Boasting a Fully Renovated Condition Rating, the 1923 home features a contemporary kitchen with white shaker cabinets, stone countertops, and a private outdoor deck. Situated in the heart of Downtown Riverside within the Riverside Unified district, the property provides exceptional walkability to urban amenities and major corridors. This move-in-ready sanctuary is the perfect fit for first-time buyers or Owner-Occupants seeking modern luxury within a charming vintage framework.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3043 Market Subject | $499,000* List Price | 2 | 2 | 1,075 | $441 | - |
A 3031 Chestnut Street Sold | $559,000 | 2 | 2 | 936 | $597 | 0.2 mi |
B 3643 Poplar Street Sold | $500,000 | 3 | 2 | 1,330 | $376 | 0.3 mi |
C 3943 Ridge Road Active | $625,000 List Price | 3 | 2 | 1,436 | $435 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1923, the property has been extensively and recently remodeled with modern finishes. It features a contemporary kitchen with white shaker cabinets and stone countertops, updated bathrooms with new subway tile and fixtures, fresh paint, and new wood-look flooring throughout, meeting the criteria for a fully renovated home with no deferred maintenance.
Situated in the heart of Downtown Riverside, the property offers exceptional walkability to local dining, shopping, and transportation, ensuring high demand and convenience.
The home has been newly remodeled, blending its 1923 historical charm with contemporary finishes, which significantly reduces immediate move-in costs and maintenance concerns for buyers.
Located in a mixed-use area with residential and commercial potential, this property offers significant long-term upside for investors or owner-users seeking a flexible value-add opportunity.
With only 1,075 square feet and two bedrooms, the property’s smaller footprint may limit its appeal to larger families or those requiring dedicated home office space.
Despite recent remodeling, the 1923 construction date suggests potential challenges with aging structural components or historical preservation guidelines that could complicate future expansions.
Charming vintage property located in the heart of Downtown Riverside. Built in 1923, this Single Family historical home offers classic character with excellent potential for living and investment. New remodeled. Situated on Market Street, the property benefits from a highly walkable location with convenient access to local shops, dining, schools, and major transportation corridors. This centrally located property is ideal for investors, owner-users, or those seeking a value-add opportunity in a growing downtown area. The surrounding neighborhood features a mix of residential and commercial uses, enhancing long-term upside and flexibility.Great opportunity to restore, reposition, or hold in one of Riverside’s most accessible urban locations.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 19% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,075 | 1,403 | 21% |
| Lot Size | 4,792 | 7,405 | 25% |
| Price | $499.0K | $589.0K | 17% |
| Price per sq ft | $464 | $418 | 65% |
| Built year | 1923 | 1953 | 24% |
| HOA | $0 | $0 | 50% |
| Days on market | 12 | 187 | 2% |
Apr 10, 2026
$499,000
Initial Listing