Excellent investment opportunity....This property is like having two little homes in one. The property facing Terrace is a charming 2 bedroom 1 bath home with an excellent floorplan with a good size living room with a fireplace. The kitchen includes a stove, refrigerator (as Is) and a dishwasher with a dining area and builtin hutch. Enjoy the central heating and cooling plus a good size backyard and a 1 car garage with laundry hookup too. Projected rental income for this home is $1300. The one bedroom one bath home with an address of 2438 N. Angus Ave (Same APN #) is in need of repairs and remodeling but has great potential. Included is a stove and refrigerator (as is). This home has its own garage and an excellent size backyard. Projected rental income for this unit after repairs is $800-$1000. These are approx. rental ranges, and buyers should verify pricing themselves. There are 2 separate hot water heaters and PG&E bills.
Fully occupied turnkey 5 unit apartment building available for sale! (4) of the units are 2bed/1bath and (1) unit is 2bed/1.5bath with washer/dryer hookups. Each unit has a covered parking space plus additional guest parking. Roof is newer, replaced within the last few years and HVAC units are maintained regularly. Current monthly gross rents total $6,031/m, approximately 25% below market. Laundry room on site for additional income. Please do not walk the grounds or disturb tenants, write offers subject to interior inspections.
New owner will benefit by starting with a clean, well managed property where the rents are at current market value and the return is a respectable 7.6% CAP rate. Compare to other 4 plex rentals where the rents are stuck at below market rates and can only be increased incrementally.Quiet 4 plex with plenty of windows that provide much light in apartment, tall and beautiful trees surround property and also have fruit trees on property. Near shopping and transportation. Washer and dryer hook-ups, private and enclosed garage. Secure fencing also surrounds the entire property. Very nice and friendly neighbors.Total Bedroom Count is per Seller since Unit 3239 (Rear) has been modified to contain 4 bedrooms (2 with portable closets). Total square footage is per tax records, square footage in each unit is estimated. Buyer to verify.
Fully occupied turnkey FOURPLEX for sale in a highly desired rental area of North Fresno! Three of the units are 2bed/2bath and one is a 3bed/2bath unit with washer/dryer hookups. Each unit has a covered parking space, private patios, cathedral ceilings, and their own fireplaces. Roof is newer, replaced within the last few years and HVAC units are maintained regularly. Current monthly gross rents total $5,000/m, approximately 25% below market. Laundry room on site for additional income. Please do not walk the grounds or disturb tenants, write offers subject to interior inspections.
Excellent opportunity to build your portfolio. Large duplex located near downtown and the mural district. No where else will you find a duplex with each unit having 4 bedrooms and 2 bathrooms each. Room for large rental increases. Both units have central heat and air and One has a new roof in the last 6 months. Call today
Charming Duplex in Prime Fresno Location!This well-maintained duplex offers an excellent opportunity for both homeowners and investors alike. Each unit features 2 bedrooms and 1 bath, with private washer and dryer hookups for added convenience. Enjoy the benefit of one covered and one uncovered parking space for each unit.One unit is currently occupied, making it perfect for an owner-occupant who wants to live in one and rent the other. Located just a short walk from the beautiful Gazebo Gardens and the festive Christmas Tree Lane, this duplex combines a peaceful neighborhood with easy access to local attractions.Whether you're looking for a place to call home or a rental property to add to your portfolio, this duplex is a must-see!
This duplex offers mirror image units. Each unit is 2 bedroom, 1 bath, large family room,kitchen, inside utility room, with a large backyard and 1-car detached garage. The front yard has privacy fencing,porch in the back yard. Newer windows, new window cooler. Property is occupied by reliable, long term tenants.Rents are low and have room for increase. The duplex is walking distance to the elementary school, and close by shopping center, close to freeways Hwy 99 and Hwy 180. Water, sewer and trash bills are about $120 per month.
Discover an unbeatable investment opportunity at 642 N Thorne Ave, Fresno, CA 93728. This charming multifamily property features 7 units, including a mix of 2B1B apartments and studios, offering a total rental income of $81,660/year. With a 7% cap rate at 100% occupancy, this low-rise apartment building presents a lucrative investment in a desirable location just 15 minutes away from Fresno University and the vibrant Tower District. The property, listed at $725,000, comes with the added perk of a $10,000 discount when using the preferred lender. It is being sold as-is, ideal for savvy investors looking to maximize returns. Don't miss this chance to own a piece of Fresno's real estate market and generate consistent passive income.
Very well kept duplex in a quiet neighborhood. Both units are occupied and upgraded with wood floor trough out the unit and painted inside, close by parks, market, restaurants and hwy 99 and 180. Perfect for Investment
51 East Dakota Avenue is a 26-unit community constructed in 1971, embodying a classiccharm while presenting an exciting value-add opportunity. Situated in an area experiencingremarkable rent growth, its strategic proximity to freeway access not only ensures conveniencebut also promises potential for increased value. With strong multifamily fundamentalsunderpinning its appeal, the property enjoys close adjacency to Fresno City College, CSUFresno, and Fresno Yosemite Airport, catering to a diverse tenant base seeking accessibility andconvenience. Whether it's the allure of educational institutions or the ease of travel, this propertystands as a beacon of opportunity in Fresno's dynamic real estate landscape.
Beautiful Duplex, Identical unit 734 & 736. Each unit is 2 bd 1 ba. Great Investment Property Opportunity or Owner Occupy One and Rent the other One Out. Roof replaced March 2024. Both units have the wall mounted heater installed in year 2023. Contact your agent and Buy this Beautiful Duplex Property!!
This fully occupied 12 Unit Apartment complex in Fresno is a one-of-a-kind investment opportunity! With monthly rents totaling over $14,000 and each unit having its own PG&E and HVAC system, the cash flow and consistent returns are excellent. Each unit is a townhouse style 2 story, 2 bed & 1.5 bath at over 1,100 square feet, with many of them having been updated and the property full of numerous upgrades. With a low turnover rate and manageable expenses, this property is priced to move. Bedroom and bathroom count unavailable in tax records - buyer to verify.
**Investment Opportunity!** This well-maintained duplex at 337 N Effie in Fresno offers dual income potential with two spacious units, each featuring 5 bedrooms, 2 baths. Both units are currently rented and generating immediate income, providing a seamless addition to your portfolio. With the 2024 Fresno Housing Authority Payment Standards for 5-bedroom units allowing potential rents of $2,975 per unit, this property offers substantial cash flow opportunities. This duplex is an excellent option for investors seeking returns and long-term appreciation. Priced competitively with strong cap rates, it's an asset you don't want to miss. Rental Income:Front Unit: $2,375/monthBack Unit: $1,850/monthContact your agent today for more information!
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.
Commutable to 657,000 jobs - Within a 30-, 60-, and 90-minute commute to 431 N Manila there are approximately400,400, 517,700 and 657,700 jobs, respectively. Easy access to jobs provides an increasingly robust tenant base.Close to Colleges- The community is located within 10 minutes from California State University, Fresno. More than 25,300students are currently enrolled at CSUF. The university employs approximately 2,596 full- and part-time faculty and staff members. 431 N Manilais also near Fresno City College and Fresno Pacific University.Proximity to Airport - Fresno Yosemite International offers flights from multiple airline carriers to many popular global destinations.It is an ideal option for frequent travelers, located only 3.4 miles or 8-minute drive away.Nearby Fancher Creek Elementary of Clovis School DistrictNearby Future Fancher Creek Retail Shopping Center - Walking distance to Major Retail
Commutable to 657,000 jobs - Within a 30-, 60-, and 90-minute commute to 415 N Manila there are approximately400,400, 517,700 and 657,700 jobs, respectively. Easy access to jobs provides an increasingly robust tenant base.Close to Colleges- The community is located within 10 minutes from California State University, Fresno. More than 25,300students are currently enrolled at CSUF. The university employs approximately 2,596 full- and part-time faculty and staff members. 415 N Manilais also near Fresno City College and Fresno Pacific University.Proximity to Airport - Fresno Yosemite International offers flights from multiple airline carriers to many popular global destinations.It is an ideal option for frequent travelers, located only 3.4 miles or 8-minute drive away.Nearby Fancher Creek Elementary of Clovis School DistrictNearby Future Fancher Creek Retail Shopping Center - Walking distance to Major Retail
Commutable to 657,000 jobs - Within a 30-, 60-, and 90-minute commute to 431 N Manila there are approximately400,400, 517,700 and 657,700 jobs, respectively. Easy access to jobs provides an increasingly robust tenant base.Close to Colleges- The community is located within 10 minutes from California State University, Fresno. More than 25,300students are currently enrolled at CSUF. The university employs approximately 2,596 full- and part-time faculty and staff members. 431 N Manilais also near Fresno City College and Fresno Pacific University.Proximity to Airport - Fresno Yosemite International offers flights from multiple airline carriers to many popular global destinations.It is an ideal option for frequent travelers, located only 3.4 miles or 8-minute drive away.Nearby Fancher Creek Elementary of Clovis School DistrictNearby Future Fancher Creek Retail Shopping Center - Walking distance to Major Retail
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!!!
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.
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.
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,
Fresno is located in California. 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.
