4308 Lime Street, Riverside, California 92501, Riverside, 92501 - bed, bath
ACTIVE$724,995
4308 Lime Street, Riverside, California 92501
0Bed
0Bath
2,546Sqft
8,276Lot
Year Built
1899
Close
-
List price
$725K
Original List price
$815K
Price/Sqft
$285
HOA
-
Days on market
-
Sold On
-
MLS number
TR25101045
Home ConditionPoor
Features
View-
About this home
We found 3 Cons,5 Pros. Rank: price - $725.0K(82th), sqft - 2546(50th), beds - undefined(50th), baths - undefined(50th).
***Charming corner-lot duplex in Riverside’s historic district, just steps from the iconic Mission Inn and downtown attractions. This well-located property offers timeless character with recent updates including a new water heater and partial waterline replacement. Ideal for rental income or multi-generational living. Easy freeway access makes commuting a breeze, while the vibrant local scene provides unbeatable walkability to restaurants, shops, and cultural landmarks. A rare opportunity in one of Riverside’s most desirable neighborhoods!
Price History
Date
Event
Price
11/14/25
Price Change
$724,995-3.2%
10/24/25
Price Change
$749,000-0.1%
10/08/25
Price Change
$749,900-0.0%
09/15/25
Price Change
$749,990
05/12/25
Listing
$814,995
Condition Rating
Poor
Built in 1899, this historic duplex requires substantial rehabilitation. While the exterior appears well-maintained, the interior images reveal heavily worn hardwood floors, stained and peeling walls, and very outdated fixtures in the utility room. The absence of kitchen and bathroom photos, coupled with the visible interior condition, strongly suggests these areas are also in very poor, original, or very old condition, necessitating a full renovation. The 'recent updates' (water heater, partial waterline) are essential maintenance but do not address the extensive cosmetic and functional obsolescence throughout the living spaces.
Pros & Cons
Pros
Prime Historic Location: Situated in Riverside's historic district, offering unbeatable walkability to the Mission Inn, downtown attractions, restaurants, shops, and cultural landmarks.
Income-Generating Duplex: Configured as a duplex, providing excellent potential for rental income or flexible multi-generational living arrangements.
Timeless Character: Features charming historic architecture and timeless character, appealing to buyers seeking unique properties with a rich heritage.
Recent Essential Upgrades: Benefits from recent updates including a new water heater and partial waterline replacement, mitigating immediate concerns for critical systems.
Convenient Freeway Access: Offers easy access to major freeways, enhancing commuting convenience for residents.
Cons
Historic Property Maintenance: As a property built in 1899, it may require ongoing specialized maintenance and potential updates to systems not covered by recent repairs.
Price Reduction History: Multiple price reductions from the original list price suggest potential market resistance or an initial overvaluation, which could impact perceived value.
Absence of Views: The property does not offer any specific views, which might be a consideration for buyers prioritizing scenic outlooks.