Investment Opportunity in Riverside’s Historic District – Duplex with Value-Add Potential
Welcome to 3108/3110 Lime Street, a beautifully updated duplex located near Downtown Riverside, the Mission Inn, and the University of Riverside. Nestled in the city’s desirable historic district, this property offers charm, functionality, and strong rental potential in one of Riverside’s fastest-growing areas.
Each of the two units features its own private entryway, with an open kitchen leading into a spacious living room accented by a faux fireplace. The primary bedrooms showcase large windows, walk-in closets, and en-suite bathrooms, creating a comfortable layout for tenants. Both units have been remodeled and enjoy modern updates including a newer roof and upgraded attic insulation.
Additional highlights include on-site laundry, separate gas and electric meters, and excellent curb appeal that complements the historic character of the neighborhood. A detached garage presents an outstanding opportunity for ADU conversion, offering the potential to add a third income-producing unit and increase cash flow.
With both units currently rented, this property is a strong investment in a thriving rental market with continued upside.
Welcome to 3108/3110 Lime Street, a beautifully updated duplex located near Downtown Riverside, the Mission Inn, and the University of Riverside. Nestled in the city’s desirable historic district, this property offers charm, functionality, and strong rental potential in one of Riverside’s fastest-growing areas.
Each of the two units features its own private entryway, with an open kitchen leading into a spacious living room accented by a faux fireplace. The primary bedrooms showcase large windows, walk-in closets, and en-suite bathrooms, creating a comfortable layout for tenants. Both units have been remodeled and enjoy modern updates including a newer roof and upgraded attic insulation.
Additional highlights include on-site laundry, separate gas and electric meters, and excellent curb appeal that complements the historic character of the neighborhood. A detached garage presents an outstanding opportunity for ADU conversion, offering the potential to add a third income-producing unit and increase cash flow.
With both units currently rented, this property is a strong investment in a thriving rental market with continued upside.
Property Details
Price:
$655,000
MLS #:
IG25225510
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Duplex
Neighborhood:
252
Listed Date:
Sep 29, 2025
Total Sq Ft:
999
Lot Size:
3,920 sqft / 0.09 acres (approx)
Year Built:
1927
See this Listing
Schools
Interior
Appliances
MW, RF, GO, GR
Cooling
WW
Flooring
LAM
Heating
WL
Laundry Features
AR, GAS, GE, OUT, DINC, WH, WINC
Exterior
Architectural Style
COT
Community Features
SDW, SL, CW
Parking Spots
2
Roof
SHN
Financial
Map
Community
- AddressLime Lot 3 Riverside CA
- CityRiverside
- CountyRiverside
- Zip Code92501
Market Summary
Current real estate data for Single Family in Riverside as of Nov 06, 2025
562
Single Family Listed
38
Avg DOM
329
Avg $ / SqFt
$671,439
Avg List Price
Property Summary
- Lime Lot 3 Riverside CA is a Single Family for sale in Riverside, CA, 92501. It is listed for $655,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1927. The average price per square foot for Single Family listings in Riverside is $329. The average listing price for Single Family in Riverside is $671,439.
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Lime Lot 3
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