
Indio, California 92201
Analysis of 43965 Towne Street, Indio, California 92201 is currently available with a list price of $1,900,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Indio Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is moderate renovation needed.
The property, built in 1987 (37 years old), has undergone updates in many units, as stated in the description. The images confirm these updates provide clean, functional living spaces with fresh paint, ceramic tile flooring throughout, and basic but operational kitchens and bathrooms. However, the style of these updates, including laminate countertops, basic white or black appliances, simple vanities, and fluorescent lighting, clearly indicates they are dated and not reflective of modern standards. While move-in ready and well-maintained for a rental property, the aesthetic and component styles show signs of being outdated, aligning with the 'Fair' condition criteria where major components are functional but show signs of being outdated, and the property was built over 20 years ago with renovations likely between 15-30 years ago, or basic updates more recently.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 22651, living area = 800.
The property is fully occupied and income-producing from day one, providing immediate cash flow and minimizing vacancy risk for the new owner.
Current rents are below market rates, offering a clear opportunity for the next owner to increase cash flow through strategic rent adjustments and thoughtful improvements without major repositioning.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 800, other record living area = 6416.
The listing data shows 'sub_type: Single Family Residence' and 'sqft: 800', which directly contradicts the description of a '9-unit multifamily property' with '18 bedrooms and 9 bathrooms'. This significant inconsistency requires immediate clarification.
Water is included and paid by the owner, which represents an ongoing operational expense that reduces the net operating income compared to properties where tenants cover all utilities.
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.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades 6-8 • 4.0 mi
Grades 9-12 • 3.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 18.0 | 3.0 | 100% |
| Baths | 9.0 | 3.0 | 100% |
| Square foot | 800 | 1,985 | 0% |
| Lot Size | 22,651 | 6,534 | 97% |
| Price | $1.90M | $569.0K | 97% |
| Price per sq ft | $2.4K | $299 | 100% |
| Built year | 1987 | 2004 | 13% |
| HOA | $0 | $222 | 23% |
| Days on market | 87 | 177 | 13% |
Jan 26, 2026
$1,900,000
Initial Listing
Oct 20, 2005
$940,000
Public Record
Feb 22, 2002
$370,000
Public Record
Jun 8, 2001
$235,000
Public Record
Jul 9, 1997
$93,000
Public Record
Jul 14, 1995
$198,000
Public Record