#IV25165896, ALEJANDRINA BARRAGAN, Listing office: Golden California
#SW25168552·
Listing office: Realty Masters & Associates·
Listing agent: Nicole Hicks·
Listing office phone: 520-406-6289
$600,000 List price
688 W Nicolet St Banning, CA 92220
6 beds
4 full
2,200 sqft
0.5 acres
$273 / sqft
House
Property details
About 688 W Nicolet St
Exceptional investment opportunity in the heart of Banning, CA! This unique property features FOUR separate income-producing structures on one spacious lot — two 2-bedroom, 1-bathroom units and two 1-bedroom, 1-bathroom units. Whether you're looking to build your rental portfolio, create a multi-generational living setup, or live in one and rent the others, the possibilities are endless. Each unit offers its own private entrance and yard space, ideal for tenant privacy and comfort. The property is conveniently located near shopping, schools, freeway access, and just minutes from the expanding Downtown Banning area. With strong rental potential and a layout perfectly suited for maximizing cash flow, this property is a rare find. Don’t miss out on this versatile and high-demand investment! NEIGHBORING PROPERTY CAN ALSO BE INCLUDED - SEE SW25135253. DON'T MISS OUT.
Highlights
Home typeSingle Family Residence
StatusActive
Size2,200 sqft
Lot size0.45 Acres
Year built1964
MLS #SW25168552
ViewMountain(s)
Summary
- Full Bathrooms: 4
- Interior: All Bedrooms Down
- Fireplace: None
- Total Bedroom Count: 6
- Private Pool: No
- View: Mountain(s)
- Heating: None
- Cooling: None
- List Price: $600,000
- Price/SqFt: $272
- HOA Amount: $0
- Annual Tax Amount: $5,701
- Tax Year: 2024
- Directions: Take I-10 to N 8th Street, W Nicolet Street
- Year Built: 1964
- Stories: 1
- Living Area: 2,200 SqFt
- Lot Size: 0.45 Acres
- MLS Number: SW25168552
- MLS Name: CRMLS
- Office Name: Realty Masters & Associates
- Office Phone: (520) 406-6289
- Listing Agent: Nicole Hicks
Based on information from California Regional Multiple Listing Service, Inc. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 8/1/2025, 8:45:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Dec 12, 2003 | Home Sold | $250,000 |
| Aug 28, 2000 | Home Sold | $80,000 |
| Jul 19, 1999 | Home Sold | $55,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $409,950 | $5,701 |
| 2023 | $401,913 | $5,697 |
| 2022 | $394,033 | $5,579 |
| 2021 | $386,308 | $5,471 |
| 2020 | $382,348 | $5,426 |
| 2018 | $367,502 | $5,308 |
| 2017 | $360,297 | $4,967 |
History based on county public records data.
Nearby schools
3
Central Elementary School
Public District KG-5
0.4 mi
•295 N San Gorgonio Ave
4
Hemmerling Elementary School
Public District KG-5
0.8 mi
•1928 W Nicolet St
4
Hoffer Elementary School
Public District KG-5
1.2 mi
•1115 E Hoffer St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $15,541. The majority of Banning, CA residents have income less than $<35k annually. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.
How much money do the neighbors make?
77%
<35k
20%
35k-100k
2%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
32%
Single, No Kids
30%
Single, with Kids
14%
Married, No Kids
24%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
25%
<11 yrs old
10%
12-17 yrs old
30%
18-34 yrs old
30%
35-64 yrs old
5%
65+ yrs old
What do the neighbors do for fun?
UFC- Pro Boxing
Soccer
Where do the neighbors shop?
Family Dollar
Burlington
Forever 21
Where do the neighbors go to eat?
Burger King
Popeyes
Dominos Pizza
What do the neighbors drive?
Buick
Dodge
Mazda
What do the neighbors listen to?
Urban Contemporary
Rhythmic Contemporary Hits
Jazz
All data provided by Home Junction and Claritas
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Frequently asked questions
About 688 W Nicolet St
The listing price of 688 W Nicolet St property is $600,000.
The property 688 W Nicolet St is a house located in Banning, California, 92220.
Active Listing: 688 W Nicolet St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 688 W Nicolet St are: Central Elementary School (GreatSchools Rating 3/10), Hemmerling Elementary School (GreatSchools Rating 4/10), Hoffer Elementary School (GreatSchools Rating 4/10), Nicolet Middle School (GreatSchools Rating 3/10), San Gorgonio Middle School (GreatSchools Rating 4/10), Highland Academy (GreatSchools Rating 4/10), New Horizon High School (GreatSchools Rating 2/10), Banning Independent Study (GreatSchools Rating 3/10), Banning High School (GreatSchools Rating 4/10).
According to the records, the last property tax for 2024 is $5,701 (source: MLS/based on county public records data).
The last sale was on December 12, 2003 for $250,000 (source: MLS/tax record).
The property at 688 W Nicolet St has 6 bedrooms and 4 bathrooms.
The property 688 W Nicolet St is 2,200 SqFt (source: MLS/tax record).
The year of construction for 688 W Nicolet St is 1964.
This home is located at 688 W Nicolet St in Banning, CA and zip code 92220. This 2,200 square foot home, which was built in 1964, sits on a 0.45 acre lot. Features: 6 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since July 27, 2025 and is currently priced at $600,000.
Over 4 listings were sold over their listed price in June 2025 in Banning, CA. In the same period over 13 listings were sold below the listed price and 7 listings were sold for the listed price. Between May and June 2025, Banning, CA real estate market has seen increase in the number of listings by 2.1%. In June 2025 median list price was $410,000 and the average listing age was 67 days.
From Rocket Homes Real Estate and based on county public records data.