Fresno CA Multi Family for Sale
$1,300,000
656 E Mckinley Avenue Fresno, CA 93728
- Type:
- Duplex
- Sq.Ft.:
- 4,168
- Status:
- NEW LISTING
- Beds:
- 8
- Lot size:
- 0.14 Acres
- Baths:
- 5.00
- MLS#:
- 621456
ADDITIONAL INFORMATION
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!
$449,500
316 N Ferger Avenue Fresno, CA 93701
- Type:
- Fourplex
- Sq.Ft.:
- 2,824
- Status:
- NEW LISTING
- Beds:
- 7
- Lot size:
- 0.17 Acres
- Year built:
- 1954
- Baths:
- 4.00
- MLS#:
- 621380
ADDITIONAL INFORMATION
Presenting a prime income property opportunity in Fresno! This fully occupied four-unit complex includes three spacious two-bedroom, one-bath units and a convenient studio unit, all generating solid cash flow. These well-maintained units are a breeze to rent and appeal to tenants year-round, offering dependable income for savvy investors.The complex has recently been upgraded with a new roof featuring durable composition shingles and a fresh exterior paint job, ensuring a polished appearance and added peace of mind. Ideally located near major freeways (41, 99, and 180), tenants have easy access to Roeding Park, with Storyland and the Fresno Chaffee Zoo, as well as nearby shopping, dining, and cultural experiences in the Tower District and downtown Fresno. Don't miss out on this income-generating property in a desirable, accessible location!
- Type:
- Multi-Family
- Sq.Ft.:
- 1,224
- Status:
- NEW LISTING
- Beds:
- 2
- Lot size:
- 0.02 Acres
- Year built:
- 1985
- Baths:
- 1.50
- MLS#:
- 621367
ADDITIONAL INFORMATION
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.
$688,000
19 E Saginaw Way Fresno, CA 93704
- Type:
- Fourplex
- Sq.Ft.:
- 3,840
- Status:
- NEW LISTING
- Beds:
- 12
- Lot size:
- 0.23 Acres
- Year built:
- 1970
- Baths:
- 6.00
- MLS#:
- 621267
ADDITIONAL INFORMATION
Fully occupied turnkey FOURPLEX! Each unit is 3 bedrooms and 1.5 bathrooms, has washer & dryer hookups inside the units, outside storage closets, and covered carport spaces. Current scheduled gross rents total $6,100/month. Each unit is also separately metered for PG&E as well as WATER/SEWER!! Landlord is responsible for trash and landscaping. At asking, property performs at a 9.4 GRM and approximately 7% cap rate. Please DO NOT walk the grounds or disturb tenants, write offers subject to interior inspections.
- Type:
- Fourplex
- Sq.Ft.:
- 4,328
- Status:
- Active
- Beds:
- 10
- Lot size:
- 0.25 Acres
- Year built:
- 1990
- Baths:
- 10.00
- MLS#:
- 620987
ADDITIONAL INFORMATION
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
- Type:
- Duplex
- Sq.Ft.:
- 1,850
- Status:
- Active
- Beds:
- 4
- Lot size:
- 0.14 Acres
- Year built:
- 1965
- Baths:
- 2.00
- MLS#:
- 620419
ADDITIONAL INFORMATION
Great duplex perfect for the first time home buyer who wants to live in one unit and rent the other one. New paint, new carpet and much more in the vacant unit, the other one is rented for $1,200
- Type:
- Duplex
- Sq.Ft.:
- 2,183
- Status:
- Active
- Beds:
- 3
- Lot size:
- 0.27 Acres
- Year built:
- 1959
- Baths:
- 2.50
- MLS#:
- 620747
ADDITIONAL INFORMATION
Many upgrades in this 1658 sq ft lovely much desirable Old Fig Garden Home. Freshly painted interior, remodeled main bathroom, upgraded electrical, newer HVAC units, new tiled and composition roof 2 Fireplaces 2 skylights and so much more. One of the highlights of this property is that you can live in one and rent out the spacious one bedroom approx. 525 sq ft unit that features a cute kitchen, large living room and bathroom. This upstairs unit has its own address 4589 North Glenn Ave. Also has separate gas and electric meters. The unit sits nicely above the extra large fully sheet rocked with tons of storage 2 car garage w/sink and brand new garage door opener. Backyard is large with built in barbecue . large cement porch. Yard is perfect for large weddings and summer time entertainment. RV Parking. If you're looking for a great opportunity to have extra income maybe even add on an ADU (check with County) this could be the right investment for you. Close to transportation, Great Schools and restaurants. A must see property .
- Type:
- Duplex
- Sq.Ft.:
- 1,836
- Status:
- Active
- Beds:
- 3
- Lot size:
- 0.37 Acres
- Year built:
- 1938
- Baths:
- 3.00
- MLS#:
- 620740
ADDITIONAL INFORMATION
This is a fantastic investment opportunity! With two homes on one large lot, it offers excellent potential for income generation. The property is perfect for investors looking for steady monthly income or for owner-occupants who want to offset their mortgage with rental income. The main home has several updates, including new dual-pane windows, a newer roof, and an updated AC and ducting system, which means less worry about immediate maintenance costs. This kind of setup rarely lasts long on the market, so act quickly if you're interested!
$394,500
608 N Echo Avenue Fresno, CA 93728
- Type:
- Duplex
- Sq.Ft.:
- 2,012
- Status:
- Active
- Beds:
- 2
- Lot size:
- 0.24 Acres
- Year built:
- 1926
- Baths:
- 2.00
- MLS#:
- 620681
ADDITIONAL INFORMATION
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.
- Type:
- Fourplex
- Sq.Ft.:
- 2,538
- Status:
- Active
- Beds:
- 4
- Lot size:
- 0.2 Acres
- Year built:
- 1952
- Baths:
- 4.00
- MLS#:
- 620661
ADDITIONAL INFORMATION
Fully Occupied 4-Plex in Prime Corner Location! Discover an exceptional investment opportunity with this fully occupied 4-Plex situated on a corner lot directly across from the bustling Manchester Shopping Mall. Perfectly positioned near key amenities including Starbucks, the 41 Freeway, and a cinema, this property guarantees high visibility and easy access, making it a lucrative addition to any real estate portfolio. All units are 1bedroom & 1bathroom with a garage. 3 units located above garages and 1 unit ground level. Convenient access to the 41 Freeway facilitates quick commutes to surrounding areas, enhancing the property's appeal to potential tenants.Residents can enjoy a variety of shopping and dining options with the Manchester Mall just steps away, ensuring high demand for rental units. The area boasts a diverse population with a strong rental market, ideal for long-term investment. Seller installed abrand new roof w/ 10 yr. warranty for half of bldg. for $8200. Other half has 5 yr. warranty. Currently leased w/$44,040 gross per yr. (3 units pay $1K and 1 section 8 $670 that should increase to fair value w/ new owner) $50,400 potential.Please do not walk the grounds or disturb the tenants. Seize the chance to invest in a premium, fully occupied 4-Plex with excellent growth potential. This property is poised for long-term profitability in a location that combines convenience, accessibility, and vibrant community living.
$750,000
373 N Fresno Street Fresno, CA 93701
- Type:
- Multi-Family
- Sq.Ft.:
- 7,319
- Status:
- Active
- Beds:
- 6
- Lot size:
- 0.23 Acres
- Year built:
- 1920
- Baths:
- 5.00
- MLS#:
- 620513
ADDITIONAL INFORMATION
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.
- Type:
- Fourplex
- Sq.Ft.:
- 3,264
- Status:
- Active
- Beds:
- 8
- Lot size:
- 0.14 Acres
- Year built:
- 1986
- Baths:
- 4.00
- MLS#:
- 620140
ADDITIONAL INFORMATION
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,
$695,000
2452 S 9Th Street Fresno, CA 93725
- Type:
- Multi-Family
- Sq.Ft.:
- 3,976
- Status:
- Active
- Beds:
- 11
- Lot size:
- 0.22 Acres
- Year built:
- 1963
- Baths:
- 6.00
- MLS#:
- 619673
ADDITIONAL INFORMATION
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!
- Type:
- Duplex
- Sq.Ft.:
- 1,792
- Status:
- Active
- Beds:
- 3
- Lot size:
- 0.26 Acres
- Year built:
- 1940
- Baths:
- 3.00
- MLS#:
- 619940
ADDITIONAL INFORMATION
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!
$675,000
577 E Fountain Way Fresno, CA 93704
- Type:
- Multi-Family
- Sq.Ft.:
- 3,360
- Status:
- Active
- Beds:
- 6
- Lot size:
- 0.17 Acres
- Year built:
- 1965
- Baths:
- 5.00
- MLS#:
- 619884
ADDITIONAL INFORMATION
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.
$569,999
2806 Tamarind Drive Fresno, CA 93730
- Type:
- Single Family
- Sq.Ft.:
- 2,169
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.05 Acres
- Year built:
- 2022
- Baths:
- MLS#:
- FR24201504
ADDITIONAL INFORMATION
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!
$1,049,000
830 Pine Avenue Fresno, CA 93728
- Type:
- Mixed Use
- Sq.Ft.:
- 3,936
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.28 Acres
- Year built:
- 1937
- Baths:
- MLS#:
- DW24199875
ADDITIONAL INFORMATION
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.
$844,950
1331 Harvard Avenue Fresno, CA 93704
- Type:
- Apartment
- Sq.Ft.:
- 4,338
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.29 Acres
- Year built:
- 1950
- Baths:
- MLS#:
- FR24199706
ADDITIONAL INFORMATION
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)
- Type:
- Duplex
- Sq.Ft.:
- 2,240
- Status:
- Active
- Beds:
- 4
- Lot size:
- 0.11 Acres
- Year built:
- 1938
- Baths:
- 2.00
- MLS#:
- 618939
ADDITIONAL INFORMATION
Charming Tower duplex complete with vintage character and modern amenities like central heat/AC and indoor laundry. Each unit features two spacious bedrooms, 1 bath, living room and fireplace. Additionally, each unit has a fenced back yard and one car garage. Please do not disturb tenants, offers subject to interior inspection.
$495,000
3323 E Normal Fresno, CA 93703
- Type:
- Fourplex
- Sq.Ft.:
- 2,469
- Status:
- Active
- Beds:
- 5
- Lot size:
- 0.19 Acres
- Year built:
- 1960
- Baths:
- 4.00
- MLS#:
- 618851
ADDITIONAL INFORMATION
Turnkey Mayfair units with many long-term tenants. Garages and coin-op laundry roomfor extra income.
$250,000
1657 N 6th Street Fresno, CA 93703
- Type:
- Duplex
- Sq.Ft.:
- 962
- Status:
- Active
- Beds:
- 2
- Lot size:
- 0.22 Acres
- Year built:
- 1953
- Baths:
- 2.00
- MLS#:
- 619046
ADDITIONAL INFORMATION
Introducing a duplex in Fresno, CA, with each unit featuring 1 bedroom and 1 bathroom, plus a garage. Perfect for a first-time investor or owner-occupant looking to live in one unit while renting out the other to offset costs. For experienced investors, this property offers a solid value-add opportunity and could be a great addition to your portfolio. Don't miss this chance to make your money work for you with this versatile duplex. Please respect tenant privacydo not walk the grounds or disturb occupants. For more information, reach out today!
- Type:
- Duplex
- Sq.Ft.:
- 2,116
- Status:
- Active
- Beds:
- 6
- Lot size:
- 0.12 Acres
- Year built:
- 1960
- Baths:
- 4.00
- MLS#:
- 617898
ADDITIONAL INFORMATION
Hard to find duplex! Each unit has three bedrooms and two bathrooms. Fully renovated! Great for first time buyers, live in one and rent the other. If you're a seasoned investor or just looking to start your portfolio, this is a great property for all.They are both spacious and boast the open concept.Must come see! Make your appt today!
$1,199,000
1911 E Saginaw Way Fresno, CA 93726
- Type:
- Multi-Family
- Sq.Ft.:
- 5,038
- Status:
- Active
- Beds:
- 18
- Lot size:
- 0.22 Acres
- Year built:
- 1988
- Baths:
- 6.00
- MLS#:
- 617815
ADDITIONAL INFORMATION
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.
$740,000
642 N Thorne Avenue Fresno, CA 93728
- Type:
- Multi-Family
- Sq.Ft.:
- 3,643
- Status:
- Active
- Beds:
- 9
- Lot size:
- 0.15 Acres
- Year built:
- 1927
- Baths:
- 7.00
- MLS#:
- 617680
ADDITIONAL INFORMATION
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.
- Type:
- Duplex
- Sq.Ft.:
- 1,809
- Status:
- Active
- Beds:
- 6
- Lot size:
- 0.23 Acres
- Year built:
- 1954
- Baths:
- 2.00
- MLS#:
- 617600
ADDITIONAL INFORMATION
Tower District - Duplex Investment Opportunity ! Discover this versatile live / work duplex, offering two well-appointed units, each with 3 bedrooms, 1 bathroom, and separately metered. The property features a spacious garage with convenient laundry hook ups and a large yard. Both units are currently occupied by a single tenant, who is month to month for $2,150/month NNN + $150 Tax & Insurance reimbursements ($2,300 total monthly). The NNN reimbursements gets readjusted annually or when a new lease is signed providing positive cash flow for the future. Proforma market rent is $1,850 per unit + NNN. Offers subject to inspection, do not disturb tenant. This is a rare chance to secure a strong investment with room for growth. Offers are subject to inspection - please respect the tenant's privacy and do not disturb.
Based on information from the Fresno Association of REALTORS® (alternatively, from the Fresno MLS) as of {{last updated}}. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Fresno Real Estate
The median home value in Fresno, CA is $386,000. 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 $386,000. 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.
Fresno Weather
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.