Turnkey 5-Unit Investment Opportunity in Booming Fresno Rental Market!Seize this rare opportunity to own a high-performing fiveplex in the heart of Fresno! Featuring five spacious 3-bedroom, 1-bath units, this fully remodeled complex is a prime addition to any investment portfolio. Unit 101-$1800, Unit 102-$1900, Unit 103-$1900, Unit 201-$1849, Unit 202-$1800✔ High Rental Income & Growth Potential - Generating a strong gross income of $110,988 annually, with room to increase rents. Three units are secured by Section 8, while two operate under standard leases. Fresno Housing Authority has increased rental allowances annually, with the current maximum rent for a 3-bedroom at $2,200unlocking even more revenue potential!✔ Recently Renovated & Well-Maintained - All units have been remodeled within the past year, ensuring modern appeal and minimal maintenance. The complex is clean, well-kept, and fully occupied with current tenants, providing immediate cash flow from day one.✔ Prime Location for Renters - Conveniently located near Hwy 41, offering easy access to major employers, shopping, dining, and entertainment. This sought-after neighborhood ensures high tenant demand and long-term stability.Invest with Confidence! Properties like this don't last longschedule a showing today and take advantage of this exceptional multi-family investment!📞 Call your Realtor now for more details!
Discover this exceptional investment oppurtunity in the heart of Fresno that hits the 1% rule! Offering a perfect blend of modern comfort and investment potential. Featuring three well-maintained units, with two of the units being completely remodeled, this property is ideal for investors or owner-occupants looking to house hack! The units bring in $3750 a month! The units have strong rental history and growth potential. There is a house in the front, and a duplex in the back on the lot. Each unit in the duplex comes with their own garage for storage purposes. All tenants are up to date in their rent, and never have issues paying. The stove missing from the pictures has been installed.
Well maintained Duplex in the area of Fresno & Belmont. Each Unit is 1 bedroom and one bathroom (Unit 2412 has a Shower only). Newer laminate flooring (approx. 6 months ago). This investment property has the possibility of being a Tri-plex! What was once a detached garage (no longer in use) has the beginnings of conversion to a Studio. Some plumbing and wiring have been completed. Service Porch with Washer & Dryer hookups.
Exceptional Investment Opportunity - High ROI & Passive Income!This well-maintained duplex at 337 N Effie in Fresno offers an incredible dual-income potential with two spacious units, each featuring 5 bedrooms and 2 baths. Both units have 1 car garage. Which makes it more desirable for tenants.🔹 Rental-Ready! Both units are currently being painted and will be rented soon.🔹 Tenants Cover Utilities! Separate water meters with tenants paying for water, sewer, and garbage--- major investor advantage.🔹 Washer & Dryer Hookups! An added feature that increases tenant desirability.🔹 Strong Cash Flow! With the 2024 Fresno Housing Authority Payment Standards allowing $2,975 per unit, this property offers a projected rental income of $5,950/month.📍 Prime Location!Near Community Regional Medical Center & Downtown FresnoApproximately mile from Hwy 41 for easy commutingClose to shopping, restaurants, and the vibrant Tower Districthome to some of Fresno's best dining and entertainmentCompetitively priced with strong cap rates, this is a must-have asset for investors seeking high returns and long-term appreciation.📞 Contact your agent today for more details!
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.
PRICE REDUCED! 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,
Discover the epitome of urban living at this renovated 6-unit apartment complex in the heart of Fresno, California. Nestled near the vibrant downtown, esteemed community hospital, shopping havens, and Fresno City College, this property offers unparalleled convenience and lifestyle.Recently remodeled with over 250k invested, every inch of this complex exudes modernity and comfort. Updates include a new roof, stucco siding, and a freshly paved parking lot, ensuring both aesthetics and functionality. Private security fencing provides peace of mind, while meticulously curated landscaping adds a touch of serenity to your surroundings.Inside, each unit boasts ductless air conditioning for climate control, contemporary kitchen cabinets, new flooring, and upgraded light fixtures that illuminate the space with elegance. Enhanced bathrooms feature stylish sinks and showers, completing the luxurious feel of every apartment.Currently fully occupied with strong rents, this property not only promises an exceptional living experience but also represents a solid investment opportunity. With very low monthly maintenance costs, you can enjoy the benefits of hassle-free ownership.Don't miss out on the chance to own a piece of Fresno's evolving landscape. If you're seeking a prime investment, this apartment complex offers that modern amenities, location convenience, and strong rental income. Contact us today to see why this property stands out in Fresno's competitive real estate market.
Great investment opportunity! Two bedroom/ 1 bath units. Covered carport. One unit receives Section 8 assistance. Seller is a licensed real estate agent.
The median home value in Fresno, CA is $289,900. This is lower 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 $289,900. 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 93701 has a population of 538,678. Fresno 93701 is less family-centric than the surrounding county with 29.77% 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 93701 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 93701 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.