7563 Lincoln Avenue, Riverside, California 92504, Riverside, 92504 - 0 bed, 0 bath
Loading property details...
Riverside, California 92504
This Turnkey Multi-Unit Asset is listed at $720,000, reflecting a stable valuation aligned with its $714,982 Fair Market Value. Boasting a Condition Rating of 2, the property has undergone extensive renovations including a new roof, updated plumbing, and new electrical systems. The configuration of a 3-bedroom front house and a 2-bedroom back house, both equipped with mini-split AC units, provides immediate rental readiness and high functional utility. This property represents a secure acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a move-in-ready, income-generating home in Riverside.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7563 Lincoln Avenue Subject | $720,000* List Price | 0 | 0 | 1,681 | $425 | - |
A 7614 Fern Street Sold | $705,500 | 0 | 0 | 1,665 | $424 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1942, the property has undergone an extensive recent renovation that brings it to current quality standards. Key upgrades include a new roof, new plumbing, new electrical systems, and the installation of mini-split AC units. The interiors are in like-new condition with modern laminate flooring, fresh paint, and fully updated kitchens and bathrooms featuring shaker-style cabinetry, stone countertops, and stainless steel appliances.
This duplex configuration featuring a 3-bedroom front house and a 2-bedroom back house offers excellent flexibility for rental income or multi-generational living.
Significant recent investments including new plumbing, electrical systems, a new roof, and mini-split AC units minimize immediate capital expenditure for the buyer.
Both units have been refreshed with new laminate flooring and interior paint, providing a move-in ready environment that appeals to high-quality tenants.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1681, other record living area = 624.
With a total of 1,681 square feet split between two units, the individual living areas—particularly the 689-square-foot 2-bedroom back house—may feel constrained.
Originally built in 1942, the property may still possess inherent characteristics or layout limitations typical of older homes despite the recent cosmetic and system updates.
Duplex for Sale – Incredible Investment Opportunity! Don’t miss this beautifully updated duplex offering comfort, flexibility, and income potential! New Plumbing and Electric, and Mini-Split AC! FRONT HOUSE: (992sf APPROX) • 3 Bedrooms • 2 Bathrooms • Fresh interior paint • New roof • New laminate flooring. BACK HOUSE: (689sf APPROX) • 2 Bedrooms • 2 Bathrooms • Freshly upgraded with new paint • Modern laminate flooring • Ideal for extended family or rental income Both units have been recently refreshed, making this property move-in ready and attractive to tenants or owner-occupants alike. Live in one and rent the other, or add a strong cash-flowing property to your portfolio. Great opportunity for investors or multi-generational living! Schedule a showing today — this one won’t last!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 1,681 | 1,673 | 50% |
| Lot Size | 6,098 | 6,969.5 | 50% |
| Price | $720.0K | $712.8K | 50% |
| Price per sq ft | $428 | $426 | 50% |
| Built year | 1942 | 1945 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 52 | 134 | 50% |
Mar 1, 2026
$720,000
Initial Listing
Apr 4, 2022
$490,000
Public Record
Jul 28, 2006
$300,000
Public Record
Oct 29, 2004
$200,000
Public Record