Spacious 2 bedroom, 2 bath, 1,320ft2 units with private/covered patio, extra room that doubles as an additional bedroom (closet, doors). Typically rented as 3/2s. 100% occupied, quiet area near Old Fig and Riverpark. On-site laundry, with key-code access. Monthly rents are $6835, annual rents are $82,020. Over the past year all four units have been updated with new paint, new appliances, new electrical outlets/lighting/fans/vents, new hardware, mostly new flooring, new bathroom fixtures/toilets, new garbage disposals. Also, the roof/carport was recoated 10/15/24, all units have new GE electrical subpanels, new carport rain gutters, new hvac condensation lines. Professionally managed. Professional photos to be uploaded Tuesday afternoon. The buyer(s) will be required to participate in the sellers' 1031 exchange at no costs to the buyer(s).
Discover an exceptional investment opportunity in the heart of Fresno, California with this well maintained 12-unit multi-family property. Currently operating at full occupancy, this property presents the ideal opportunity for excellent cash flow and amazing future potential. Each unit is a multistory 2 Bedroom & 1.5 Bathroom, with each having their own HVAC & PG&E. At just under $150,000 per door, this property will move quickly. For additional information please contact the listing agent. Bedroom and bathroom count unavailable in tax records - buyer to verify.
Fully occupied turnkey FOURPLEX! Three of the units are 2 bedrooms and 1 bathroom and have been renovated within the past 2 years, one unit has an extra half bathroom. Each unit has a single car garage and is separately metered for PG&E. Landlord is responsible for the City of Fresno utilities which include water, sewer, and trash. Laundry room is currently not in use but has all hook ups for washer and dryer to potentially generate additional income. Roof was last replaced approximately 15 years ago and one of the HVAC units was recently replaced. Current scheduled gross rents total $5,690/month. At asking, property performs at a 9.2 GRM and approximately 8.17% cap rate. Please DO NOT walk the grounds or disturb tenants, write offers subject to interior inspections.
Investment opportunity. Each unit has 2 bedrooms 1 bath. Located in the Mayfair district, both units occupied with long term tenants. HVAC roof units recently replaced.Both unit have enclosed patios.PLEASE DO NOT DISTURB TENANTS.
This is a three story infill project located in the Tower District. With 2 commercial spaces and 27 2 bed/2 bath apartments this project is zoned CMX. This is a high density 3 story multi family project with minimal offsite improvements.This project is still on the 2019 building code have reduced fees (BTV).Building plans, floor plans, and site plans are available upon buyer request.Great investment for 1031 Exchange!This is the sale of 3 lots on N. Van Ness Avenue, 1504, 1516 and 1496THIS IS A SHOVEL READY PROJECT, PULL PERMITS AND GO!!!
Investment Opportunity! Each unit offers approximately 1,000 sq. ft. of living space with 2 bedrooms and 2 bathrooms. Includes a convenient shared utility room. Centrally located near shopping and with easy access to Highway 41.
Duplex, recently remodled in & out, includes paint, appliances, mostly new. Updated and really nice! There is a 1 car garage with good parking also. 2 bed 2 bath in each unit, with large kitchen, laminate tile floors. Turn key home & pest certification complete! Solar is owned on the South unit. Market rents plus/minus $1500, buyer to verify all information. Rent one unit out and live in the other!
Great Opportunity: Multi-Unit Property with High PotentialThis well-maintained multi-unit property features 4 spacious units, offering excellent investment potential. Three of the four units have been beautifully remodeled within the last year, providing updated interiors for tenants.Property Details:Units: 4 total unitsUnit 408: $1261Unit 410: $1157Unit 412: $1288Unit 414: $900Tenant Details:Two Section 8 tenants, providing consistent rental income.All tenants are on month-to-month leases, giving flexibility for new ownership.Property Highlights:Building Condition: In decent shape, well-maintained.Amenities: Includes a 4-car carport, ensuring parking convenience for tenants.Location:Conveniently located within walking distance to grocery stores, shopping centers, and other essential amenities. Tenants enjoy the spacious layouts and proximity to daily conveniences, making it a highly desirable place to live.This property offers a high-potential investment opportunity with solid rental income, flexibility, and a prime location.Interior pictures are when unit was vacant, Current pictures are not possible because of privacy of tenants, Current conditions may be different.
Downtown 4 plex on historic Van Ness Ave available now! The property is fully rented earning an excellent income. Inquire for financial information.This property will earns income TODAY. Also the property's location offers an opportunity for a short term rental business with close proximity to downtown and the Tower District.
Nestled in Fresno's vibrant core, this brand-new, turnkey duplex at 656 E McKinley Ave is perfect for homeowners and investors alike. With 4,168 square feet of total living space, this property offers two spacious units, each featuring 4 bedrooms, 2.5 bathrooms, and 2,084 square feet, providing a combined 8 bedrooms and 5 bathrooms.This thoughtfully designed duplex boasts high-end features, including granite countertops, sleek wood-plank laminate flooring, and an open layout. Ideal for multigenerational living, each unit includes a convenient isolated downstairs bedroom and half bathroom, allowing for added privacy and comfort.Enjoy lower utility bills with owned solar panels and a low-maintenance lifestyle with artificial turf in the backyard. The location is unbeatable, just a short walk to Fresno City College, Fresno High School, and local favorites like Ampersands Ice Cream.Whether you're looking for a beautiful new home or a lucrative rental opportunity, this duplex is ready to go. Don't miss this rare chance to own a prime property in Fresno. Act now and make 656 E McKinley Ave yours!It's Time to Stop Searching & Start Living the GoodLife!Seller is offering a 2/1/1 credit to assist buyer with buying down their mortgage interest rate*2% year one and 1% years 2 & 3 (with a full price offer) and when financed through Franchesca Guerrero with Western Pioneer Financial.
This condo is located at the Tuscany Villa complex. The condo is a two story unit with all bedrooms upstairs. The kitchen has a cooktop stove, a built in microwave, and a refrigerator (as is) with a small pantry. The downstairs is all tile flooring and the living room has a ceiling fan, the stairs and bedrooms are carpet. A half bathroom is located downstairs. There is a coat closet downstairs and plenty of linen closet space upstairs. There is also a laundry room downstair near the kitchen as you exit to the garage. Upstairs there is a jack & jill bathroom that the master bedroom has it's own vanity with sink. Both bedrooms have walk-in closets. Attached 1 car garage. The unit is 1224sqft. Renters Ins. Required.
Property Type: Fourplex (units designed like townhouses)Units:2 units with 3 bedrooms, 2.5 baths2 units with 2 bedrooms, 2.5 bathsParking: Each unit includes a 1-car garageAdditional Features:Washer/dryer hookupsSmall yard for each unitCommunity poolGated community for securityFinancials:Monthly Rent Income: $6,953 (current rent)Unit 101: $1,874--3 bed/2.5 bathUnit 102: $1,570--2 bed /2.5 bathUnit 103: $1,545--2 bed /2.5 bathUnit 104: $1,964--3 bed/2.5 bathHOA Dues: $1,150/month (covers water, sewer, garbage, security, upkeep, landscaping, pool maintenance, etc.)Cash Flow: Positive cash flow from day of closing, as all units are rented.Market Comparison: Similar properties in the complex grossing around $6,352.Housing Authority Payment Limits:3-Bed Voucher Maximum: $2,2802-Bed Voucher Maximum: $1,620Sale Conditions:The sale is contingent upon the seller finding and securing approval for a replacement property. If the seller does not find a suitable property, they retain the right to cancel the sale.Viewing Information:Interior Pictures: Not available due to tenant privacy. Interior pictures posted are when units were vacant Drive-by only until open house.Open House: Date and time to be announced.Note:This property offers a great opportunity for investors looking for immediate rental income in a secure, well-maintained community. Please submit your offer subject to inspections
Charming Duplex in the Heart of the Tower District! Discover the perfect blend of style, comfort, and investment opportunity with this stunning California Bungalow! Nestled in the vibrant Tower District, this beautifully updated property features two spacious 1-bedroom, 1-bathroom units, each spanning approximately 1,005 sq. ft. Both units boast updated kitchens with sleek granite countertops, chic tile backsplashes, and contemporary cabinetry. Retreat to generously sized bedrooms that offer tranquility and relaxation. Enjoy the convenience of inside laundry, making chores a breeze! Outside, the large backyard invites you to bask in the California sun, perfect for gatherings, gardening, or simply unwinding in your personal oasis. This duplex is not just a home; it's an opportunity! Whether you choose to live in one unit and rent out the other or add it to your investment portfolio.
For sale is a heritage-designated mixed-use property (Paul A. Christenson Building), a rare chance to own a piece of Fresno's architectural history. The building is +/- 7,319 SF with five total units, featuring three commercial spaces on the ground floor and two 3-bedroom, 1-bath apartments above. There is a gated parking lot. The property showcases beautiful original architectural details: exposed brick, oak flooring, custom windows, and crown molding. The property is close to the Tower District, Downtown Fresno, Community Regional Medical Center, and Yokomi Elementary School. It's also near a bus route & Fwy 180, with easy access to all major freeways in the area. Its central location makes it ideal for businesses, young professionals, medical employees, government employees, and families. This property offers both residential and commercial income sources. The corner commercial unit is leased under an 10-year NNN lease with 4% annual rent increases and a 5-year renewal option to renew. Renovation work has paused and the property is being sold in as-is condition. The seller completed major recent upgrades such as installing fire sprinklers, electrical, plumbing, new HVAC units, & roof repairs. The new buyer will need to complete the renovations, subject to City of Fresno and Historic Preservation committee approval. The sale includes key fixtures and appliances, which the buyer will install after close of escrow.
Located squarely in the heart of the historic Lowell District, between downtown Fresno, and The Tower District. If you are a Fresnan or Clovisite, then you know that both Downtown Fresno and Tower District offer many events, dining and entertainment options. This 8 bedroom/4 bathroom quad was remodeled inside and out at the last sale,
Multi-Unit Investment Property Near HWY-99 and Downtown Fresno. This 6-unit property features 2 bedrooms and 1 bathroom in each unit. Additionally, there's a separate 2-unit building, each offering 2 bedrooms and 1 bathroom. The property is gated for added security and includes a large grass area, perfect for outdoor activities. Conveniently located near HWY-99 and just minutes from downtown Fresno, this property presents a solid opportunity for investors seeking a multi-unit complex.
Lucrative 6-Unit Investment Opportunity Near HWY-99! This 6-unit property is a rare find, offering 5 units featuring 2 bedrooms and 1 bathroom each, plus an additional 1-bedroom, 1-bathroom unit. With easy access to major highways and just minutes from downtown Fresno, this property is well-suited for consistent tenant demand. Additional perks include carport parking and ample shade behind the complex. Don't miss your chance to secure this prime investment opportunity!
Welcome to this amazing investment opportunity or multi generational living with a huge lot! This beautifully remodeled duplex features modern updates throughout, ensuring a fresh and comfortable atmosphere.The first unit has 2 bed 1 bath and the second unit has 1 bed 1 bathBright, open living areasUpdated kitchen with new appliancesStylish, renovated bathroomsPrivate backyard for relaxationThis home is ready for you to move in and make it your own. Schedule a tour today!
GREAT INVESTMENT opportunity! Motivated sellers, property currently appraised for $725,000. This well maintained 5-unit complex has four 1-bedroom, 1-bath units and one 2-bedroom 1-bath unit, a laundry room, and covered parking. All units are currently rented with long-term tenants. It is centrally located in a well-developed neighborhood across from Gazebo Gardens and just steps away from Christmas Tree Lane. It is minutes from the Tower District, about a 5-minute drive to Fresno City College, 15 minutes to Fresno State University, and 1.2 miles to Freeway 41.
This 7-unit multifamily complex is a fantastic investment opportunity for any investor looking to expand . Conveniently located near downtown Fresno, this complex offers easy access to shopping, schools, restaurants, and major freeway access to 99 and 41. All units are 2 bedrooms, 1 bath. Last renovated in 2021 with fresh paint, tile, granite countertops and carpet. Owner pays water, sewer, trash, and landscape. Tenants pay gas and electric. Laundry room with coin op machines located on the premises. Owner owned refrigerators in all units.
Step into contemporary luxury with this beautifully upgraded 4-bedroom, 2 and a half bathroom Lennar-built home in the gated Brambles community off Copper and Willow. Built in 2022, this spacious 2,169 SF residence offers a modern open floor plan with tile wood flooring downstairs, quartz countertops, and stainless steel appliances. All bedrooms are upstairs, maximizing privacy, and the home is equipped with an owned solar system, approximately 4.94 kW, estimated to produce 7,189 kilowatt hours annually, providing significant energy savings. Superb location within the community: The home is just steps from community amenities, including the gated pool with outdoor shower, fire pits, picnic areas, ping pong, and lounge area, offering some ideal lifestyle options for modern families. The easy to maintain, fenced backyard is perfect for pets, and the property features a 2-car garage and a tankless water heater. This home is currently a high-performing Airbnb, offering excellent cash flow potential for investors, or it's ready for a family to move in. Conveniently located near Clovis North High School, shopping, and dining, this home combines luxury, energy efficiency, and central convenience. Don't miss out on this exceptional opportunity!
This is a great investment opportunity in a nice and popular section of the city. A well maintained 8-plex with 8 individual units each having 1 bed and 1 bath. All units are occupied. The building is located in a desirable area, walking distance to the Tower district, theatres, coffee shops, Fresno City College, restaurants, Roger Rocka's Dinner. Submit offers and interior inspection is available after accepted offer. Please DO NOT disturb tenants. Drive-by ONLY.
REMARKS This is a well performing 6-Unit apartment complex that has had each unit updated including new flooring and paint, and with most showcasing granite counter tops. Fully occupied with a solid a tenant base and producing a better than reasonable income. This is an opportunity you will not wat to miss. The Sellers hate to let it go, but they are spring boarding on to another venture and are selling it for that reason. With that, the Buyer(s) will be required to participate in the sellers' IRS 1031 Tax Exchange at no costs to the Buyer(s)
Desirable Investment Opportunity in North Fresno. This 6-unit apartment complex, located in the northern end of Fresno, near HWY 41, presents a prime investment opportunity. Each unit offers a spacious 3-bedroom, 1-bathroom layout with a living room and kitchen combo, complete with centralized HVAC heating and cooling systems. All units are currently rented, with rent rolls near market rates, ensuring positive income from day one. The new roof was upgraded in 2022. The complex also features 10 parking spaces and plenty of on-street parking, which adds convenience for tenants. Additional income streams come from the on-site utility room's leased washer and dryer units. Surrounded by other rental properties and close to a nearby community park, the property is ideally situated for renters. The proximity to shopping centers adds to its appeal, making it a sought-after location. Professionally managed, this complex is well-maintained and ready to continue generating steady returns. Financials: Income and expenses are available upon request.
Rare CASH-FLOWING 7 unit apartment building in the Tower District!There are 5 studio units and 2 2 bedroom units.Excellent 7% Cap Rate 8.9 GRM! All rents are current. No delinquencies.Current income is now $6805/mo, $81,660/yr.$10,000 discount for buyer who uses a specific lender. Please call to inquire.Shared front and backyard. No HOA fees. Separate electric meters.Only 15 minutes away from Fresno State University. The location provides easy access to Hwy 99 and nearby shopping at Costco, Walmart Supercenter, Home Depot, Target.Property is occupied and so please refrain from walking the grounds or disturbing the tenants.This is an excellent opportunity for investors to capitalize on a well-established propertyin the growing city of Fresno.
The median home value in Fresno, CA is $384,950. This is higher than the county median home value of $350,200. The national median home value is $338,100. The average price of homes sold in Fresno, CA is $384,950. Approximately 45.22% of Fresno homes are owned, compared to 49.79% rented, while 5% are vacant. Fresno real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Fresno real estate agent to arrange a tour today!
Fresno, California has a population of 538,678. Fresno is less family-centric than the surrounding county with 30.72% of the households containing married families with children. The county average for households married with children is 32.95%.
The median household income in Fresno, California is $57,211. The median household income for the surrounding county is $61,276 compared to the national median of $69,021. The median age of people living in Fresno is 31.7 years.
The average high temperature in July is 97.7 degrees, with an average low temperature in January of 37.9 degrees. The average rainfall is approximately 12.6 inches per year, with 0 inches of snow per year.