1498 Powell WAY new Save Request In-Person Tour Request Virtual Tour
Riverside,CA 92501
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW25232620
Year Built 1952
Lot Size 6,534 Sqft
Property Sub-Type Duplex
Property Description
Charming Multi-Gen Opportunity in Prime Riverside Location
Welcome to this rare dual-address home — 1498 & 1496 Powell — designed for flexibility and future income. Use it as one expansive 4-bed, 2-bath home, or split into a 3-bed/1-bath main house plus a fully permitted 1 bedroom ADU with its own kitchen & bath. Perfect for multigenerational living, long-term rental, or Airbnb income.
Situated close to downtown Riverside and the University of Riverside, this property delivers location convenience and smart design. Enjoy easy commuting, dining, shopping, and transit access—all just minutes away.
Key Features:
Two legal addresses & separate meters / entries
Main house: 3 bedrooms, 1 bathroom (or expand to 4 beds / 2 baths)
Permitted 1 bedroom ADU: full kitchen, bath, private entrance
Great for rental income, in-law setup, or guest quarters
Lot size approx. 6,534 sq ft
Walking distance to schools, shops & restaurants
Quick freeway access and close proximity to UCR campus
Excellent “location + use” combo for owner-occupiers and investors
Don't miss this unique property that blends flexible living with investment potential. Schedule your showing today.
Location
State CA
County Riverside
Area 252 - Riverside
Interior
Heating Central
Cooling Central Air
Laundry None
Exterior
Parking Features Driveway
Pool None
Community Features Curbs
Building
Lot Description Back Yard
Story 1
Sewer Public Sewer
Water Public
New Construction No
Others
Acceptable Financing Cash to New Loan,Conventional,1031 Exchange,FHA,VA Loan
Listing Terms Cash to New Loan,Conventional,1031 Exchange,FHA,VA Loan
Special Listing Condition Standard