San Bernardino (274) Homes with Multi Family Subtype

Welcome to San Bernardino, a vibrant city nestled in the heart of California's San Bernardino County. Known for its rich history, diverse culture, and stunning natural beauty, San Bernardino offers an exceptional quality of life. Surrounded by the majestic San Bernardino Mountains and the serene waters of Lake Arrowhead, residents enjoy a perfect blend of urban convenience and outdoor adventure. With a favorable climate and an array of recreational activities, from hiking to skiing, this region is a haven for nature lovers and outdoor enthusiasts alike.

For those seeking investment opportunities, San Bernardino boasts a thriving real estate market, particularly in multi-family homes. These properties are perfect for both seasoned investors and first-time buyers looking to generate rental income. With a variety of multi-family options available, from duplexes to larger apartment complexes, you can find the ideal property that suits your investment strategy. San Bernardino's favorable rental market and growing population make it an attractive choice for those looking to capitalize on the demand for housing.

Living in San Bernardino means being part of a community that values diversity and inclusivity. The city offers a range of amenities, including shopping centers, dining options, and cultural attractions. Plus, with convenient access to major highways and public transportation, commuting to nearby cities is a breeze.

Whether you’re looking to invest in a multi-family home or find your dream residence, San Bernardino invites you to explore its unique offerings and discover the potential that awaits in this dynamic city.

Newest San Bernardino (274) Homes with Multi Family Subtype

$11,250,000

CV26157812 MLS ⋅ Active Status ⋅ Sterling Town House Apartments BLDG.

Brand-new 27-unit apartment complex, ideally located at the corner of Sterling Avenue and Marshal Boulevard. This gated complex features 27 three-bedroom, two-and-a-half-bath townhouse-style apartments, each individually metered and solar-equipped. Residents will enjoy a clubhouse with recreational room, basketball courts, and tot playgrounds, offering both comfort and convenience. A rare opportunity to acquire a newly built, energy-efficient multifamily property with strong rental appeal.

3164 Sterling, San Bernardino

$799,900

IV26112415 MLS ⋅ Active Under Contract Status

Rare 5-unit residential-style multifamily compound situated on an expansive approximately 20,000 sq. ft. lot in the heart of San Bernardino. This unique investment property features a charming front Craftsman-style residence offering 4 bedrooms, 2 bathrooms, spacious living and family rooms, dining area, laundry room, bonus/flex room, and a large private side yard with secured gated parking. The rear portion of the property consists of four thoughtfully designed single-story 1-bedroom/1-bath units, each with private entry and its own individual yard space, creating a strong residential feel rarely found in traditional multifamily properties. The gated rear parking area offers additional secure parking and can be locked nightly for added tenant privacy and security. The property offers approximately 4,249+ sq. ft. of living space (buyer to verify), strong in-place income, and additional upside potential through future rent growth and continued property improvements. Seller has completed upgrades during ownership, including electrical improvements to the front home, and is currently making additional updates prior to market launch. Additional features include 5 gas meters, 5 electric meters, approximately 11 parking spaces, select mini-split A/C systems, and flexible tenancy structure providing future operational upside for investors. Conveniently located near San Bernardino High School, shopping, dining, medical facilities, and quick access to the 215 Freeway, this property is well-positioned for long-term rental demand and future value-add potential. Buyer to verify all information including square footage, permits, zoning, unit count, legal use, and condition to their satisfaction.

480 W 18th St, San Bernardino

$1,910,800

LG26043133 MLS ⋅ Active Status

Pacific St. Apartments is a turnkey, six unit multifamily investment opportunity in the heart of San Bernardino, positioned within a designated Opportunity Zone that may offer significant federal tax advantages for qualifying investors. Located at 25235 Pacific St, this gated community delivers a six unit blend of two bedroom and three bedroom floor plans with on site pool and laundry, individual garages plus additional parking, and modern interior finishes that appeal to today’s Inland Empire renter. The property has benefited from meaningful recent capital investment, including five fully remodeled units, four of which were completed in 2025 with new flooring, appliances, and fixtures. Each apartment is equipped with HVAC, dual pane windows, and tile or plank flooring. Utilities are investor friendly, with electric and gas individually metered to the tenants while the landlord pays water, sewer, and trash. This, together with the updated interiors and common areas, minimizes near term capital requirements and supports durable cash flow. In-place cap rate of approximately 6.0 percent with a projected cap rate of approximately 6.7 percent supported by pro forma income Outstanding historical performance with 100 percent current occupancy and only 1.4 percent vacancy over the past five years Pacific Stands out from the rest because of it's high income, excellent tenant base and it is a very well kept property with little or no defferred maintenance that supports durable cash flow.

25235 Pacific, San Bernardino

$4,500,000

PW25207217 MLS ⋅ Active Status ⋅ Copper Canyon Apartments BLDG.

Welcome to the Copper Canyon Apartments located at 1525 E Lynwood Ave. San Bernardino, CA. This 25-unit apartment complex features an attractive unit mix of (17) one bedroom / one bathroom units, (8) two bedroom / two bathroom units. The property shows pride of ownership and has been well maintained throughout. Many updates have been done including, exterior paint, new parking asphalt, $14,000 in new commercial washer and dryer in the laundry room, updated units, lush landscaped grounds, sparkling pool, gated entry, carport, leasing office and onsite management. The condition of the property offers investors an asset that will require minimal maintenance for years to come. This property is a great investment that has an actual cap rate of 6.06%.

1525 E Lynwood Drive, San Bernardino

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.