Excellent Value Opportunity!!! 6-Unit built in 2004 with 3- and 4-bedroom layouts. Season Investors can identify the true value upon review. Priced at only $151.40 a square foot well below current values. This property is 2 buildings on a corner lot with each unit having their own back yards and central A/C unit. Investors seeking a property upgrade in a 1031 exchange will apriciate the benefits of a property like this.Unit Mix and RentsUnit 1: 4 Bedrooms with 2 Baths plus Laundry @ $1,300 Monthly Rent (Market $2,000)Unit 2: 3 Bedrooms with 2 Baths plus Laundry @ $1,244 Monthly Rent (Market Rent $1,800)Unit 3: 4 Bedrooms with 2 Baths plus Laundry @ $1,300 Monthly Rent (Market Rent $2,000)Unit 4: 4 Bedrooms with 2 Baths plus Laundry @ $1,300 Monthly Rent (Market Rent $2,000)Unit 5: 3 Bedrooms with 2 Baths plus Laundry @ $1,244 Monthly Rent (Market Rent $1,800)Unit 6: 4 Bedrooms with 2 Baths plus Laundry @ $2,000 Monthly Rent (Market Rent $2,000)
Explore the potential of 2567 S Rowell Ave, Fresno - a standout investment opportunity in real estate. This unique 6-plex property boasts a spacious lot primed for expansion, ensurring additional income streams. Recently renovated with full permits, enhancements include new plumbing and electrical systems, granite countertops, laminate flooring, and modern comforts like mini split units and double-pane windows. Featuring a new hot water heater, updated appliances, and a secure C-train storage container, the property offers custom gates, covered carport parking, and low-maintence landscaping for convenience.Ideal for investors seeking quality and growth in Fresno's market.Opportunity Zoned!
Rare 3-Unit Townhouse Style Opportunity!!! Built in 2008 it features 1 SFR of 5 bedrooms with two-2 car garage and a Duplex of 4 bedrooms with their own two-car garage. An incredible opportunity for a family to occupy 1 unit and rent the other 2. Savvy investors will instantly recognize the incredible value play here, at an incredible $123.66 per square foot, this asset is priced well below replacement cost creating a high "intrinsic value" that is rarely found in Real Estate. Perfect for investors build ADUs in the garages to maximize cash flow and create a turn-key addition to their portfolio.
Great investment opportunity in Fresno! This well-sized 4-unit multifamily property features a two-story building with approximately 4,350 sq. ft. and a total of 12 bedrooms and 4 bathrooms. Three of the four units are currently rented, providing immediate rental income while leaving additional potential for an investor to maximize occupancy. The property offers a functional layout and strong potential for continued rental income and long-term investment. The rear asphalt is currently being redone, adding value and improving the property's overall appearance and functionality. Whether you're an experienced investor looking to expand your portfolio or a first-time multifamily buyer, this property offers an excellent opportunity to own a fourplex in Fresno. Don't miss the opportunity to add this income-producing property to your investment portfolio!
Very nice 1 bedroom 1 bath. Upgraded to beautiful laminate flooring in living room with throw rug. Large walk-in bedroom closet. Covered patio Excellent community of people in this complex. Come See!A No-Smoking, No Pet Complex. Need good credit.Potential Tenants, Please note: If viewing from Zillow, Apts.com or any site other then MLS, if they give you the option of submitting an Application or providing a credit report or e-mailing a message, those methods will not work here, As with all rentals, it is most effective to leave phone or leave a phone message. You may phone (559) 878-5042. Thank you.
Calling all investors! Opportunity is knocking with this value-add duplex featuring a 1/1 and a 2/1. Perfect opportunity for the right buyer to add value and bring these units back to their full potential. Bring your contractor, run your numbers, and unlock the potential! Please do not disturb occupants or enter the property outside of open house dates.
Great investment opportunity ! This well maintained duplex just recently updated with a new roof , fresh exterior paint and new swamp coolers , Conveniently located with easy access to the freeway, shopping , dining and other amenities.This duplex offers flexibility for both investors and owner occupants , live in one unit and enjoy rental income from other or keep both as income producing rentals ( both section 8 tenants with rental income of $2,552/month )Don't miss this income producing duplex!
This single-story fourplex is a solid, easy-to-manage income property in Fresno's established McLane neighborhood. The property is one story with 4 units, totaling 4 beds and 4 baths across 2,555 sq. ft. on an 8,400 sq. ft. lot. The building is on the east side of First Street, just south of Clinton Avenue, between two other 4-plexes. That puts it in a proven rental corridor where multifamily is the norm. The operating structure keeps costs low: tenants pay their own electricity and gas, with ownership covering management, landscaping, repairs, insurance, water, and sewer. The one-level layout means no stairs and fewer common areas to maintain. Do not disturb tenants, make offers subject to interior inspection, one unit vacant at time of listing, Ideal for first-time multifamily investors, 1031 exchange buyers looking for a manageable Central Valley asset, or owner-users who want to live in one unit and rent the other three.
Take a look at this fully occupied triplex in Fresno! Each unit features a spacious 3-bedroom, 1-bathroom layout, along with its own HVAC and garage space for added tenant convenience.With minimal upkeep, consistent occupancy, and potential for future rent growth, this property offers the opportunity to generate income today while providing additional upside for the future. Conveniently located near shopping, everyday amenities, and major roadways, this fully occupied triplex is a great option whether you're expanding an existing portfolio or investing in your first multi-unit???????????????????????????????????????? property.
Priced at $599,000, this four-unit Central Fresno property presents an opportunity for investors seeking multiple rental incomes at an attractive price per unit. The property consists of four 2-bedroom, 1-bath units, with three units recently improved with new flooring, interior paint, hardware, countertops and lighting. The exterior has also been refreshed with new paint and fascia. With four separate units, recent improvements and a location near Downtown Fresno and the Tower District, this property offers a solid foundation for an investor looking to own and operate a multifamily asset.
100% Fully Occupied 5-Unit Apartment Complex in Fresno's Historic Lowell neighborhood and thriving rental market. This property offers a rare combination of modern upgrades and strong cash flow potential, and close to city amenities. Updated units with laminate wood flooring, new countertops, appliances, and contemporary fixtures. Fresnos rental market is booming, ranking as the 9th most competitive rental market in the nation with a low vacancy rate, tying for the 6th lowest in the U.S. (Forbes, 2024). This property is located near the intersection of Highways 99 and 180 near Downtown Fresno. Diverse shopping centers within 1.5 miles, including international grocers and small markets on East Olive Avenue. The Community Regional Medical Center is walking distance.
Are you looking for an investment opportunity? Consider this occupied duplex. One unit is a 2-bedroom 1 bathroom and the second unit is a 1 bedroom 1 bathroom. Unit rent for the two-bedroom is $1,550 per month and the 1-bedroom unit is $1,300 a month. The property has a large backyard and a shared 2 car garage. Laundry facility is in the garage. The detached garage currently has burn damage. Please do not disturb tenants. Showings will be set accordingly. Tenants will remain. Please do not request for the property to be vacated.
Are you looking for an investment opportunity? Consider this occupied duplex. One unit is a 2-bedroom 1 bathroom and the second unit is a 1 bedroom 1 bathroom. Unit rent for the two-bedroom is $1,550 per month and the 1-bedroom unit is $1,300 a month. The property has a large backyard and a shared 2 car garage. Laundry facility is in the garage. The detached garage currently has burn damage. Please do not disturb tenants. Showings will be set accordingly. Tenants will remain. Please do not request for the property to be vacated.
Are you looking for an investment opportunity? Consider this occupied duplex. One unit is a 2-bedroom 1 bathroom and the second unit is a 1 bedroom 1 bathroom. Unit rent for the two-bedroom is $1,550 per month and the 1-bedroom unit is $1,300 month. The property has a large backyard and a shared 2 car garage. Laundry facility is in the garage.
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!
7-unit multifamily investment opportunity in Fresno, CA, situated on a corner lot and featuring a unit mix of two 2-bedroom/1-bath units and five studio units. Here's your opportunity to add a multifamily asset to your investment portfolio. Conveniently located near Fresno's popular Tower District, offering a variety of dining, shopping, and entertainment options. Please do not walk the grounds or disturb the tenants. Contact your agent for additional information.
I am pleased to present a unique investment opportunity featuring a portfolio of 5 single-family homes with separate APN numbers for sale.Portfolio Highlights: - Property Mix: Includes one 3 bed/2 bath home, three 4 bed/2 bath homes, and one 5 bed/2 bath home. - Occupancy: A combination of 3 long-term occupied homes (tenants residing 8-15 years on month-to-month leases) and 2 recently vacant homes. - Upside Potential: Current rents are below market value and due for an increase. A fully occupied proforma yields a projected 6.70% cap rate. - Tenant Responsibilities: Residents cover PG&E, trash, sewer, water, and personal expenses.The seller also owns similar occupied investment properties and is open to further discussion. Please inquire if you are interested in expanding your portfolio.Proforma and a complete list of expenses will be provided upon acceptance of an offer. Please do not disturb the tenants, and submit all offers subject to inspection.
DuplexUnit 1328 E FedoraTwo Bedroom One Bath unit with inside laundry. Fenced yard with a covered car port. Tenant would like to stay.Unit 1330 E Fedora One Bedroom One Bath unit with a loft and fenced yard. Tenant would like to stay.
3 Homes on One Lot!! Fully renovated Triplex. Welcome to this beautifully updated triplex offering an excellent opportunity for multi-generational living or anyone looking to generate rental income. Live in one, rent the others! The Main Residence (3119 E. Belmont) offers 3 bedrooms, 1 Bath, Living Room, Dining Room & Kitchen. The spacious home has been freshly painted and features new flooring and interior doors throughout. The remodeled kitchen boasts brand new cabinets, countertops, sink, range, hood & refrigerator, creating a clean and modern space ready for its next occupant. The bathroom has also been refreshed with a brand-new bathtub. Comfort is further enhanced by two brand-new Mini Split A/C units, providing efficient cooling throughout the home. The second and third homes (3107 & 3109) are situated behind the main residence and are move-in ready! Each have been freshly painted and has newer windows, new flooring and new Mini Split A/C units. With three separate living spaces, extensive renovations, new cooling systems, updated kitchens and bathrooms, and a convenient location near shopping and public transportation, this triplex presents a compelling opportunity to own a property that is both updated and income producing. Seller will remove window bars day before close of escrow.
This stunning craftsman style home has two additional homes on the lot. All three homes are fully remodeled and ready to move in or rent. All units have brand new dual pane vinyl windows, new flooring and paint throughout, and even a new roof on all three homes! You will appreciate the attention to detail with the gorgeous quartz and granite countertops in all kitchens and bathrooms complementing the new sinks and appliances. The front home is a 3 bedroom 1.5 bath with a huge living and dining space. The second home is a 2 bedroom 1 bath and is very roomy. The third home is a 1 bedroom 1 bathroom and still spacious for its size. The back two homes even have tankless water heaters for all day hot water and efficiency!
3494 E Terrace, Fresno - Two-bedroom, one-bathroom apartment within walking distance of McLane High School and Wishon Elementary School, and close to shopping including Target and Smart & Final Extra!. Features include tile flooring, a gated front yard, backyard with covered patio, one-car detached garage, and laundry hookups. Housing vouchers from Fresno Housing and similar programs are accepted.
Investment opportunity in Fresno with significant rental upside. This fourplex features four 2-bedroom, 1-bath units totaling approximately 2,700 square feet. Built in 1965, the property offers an opportunity for an investor looking to add value, reposition rents, and build long-term rental income.Comparable 2-bedroom rentals in the surrounding area rent for significantly more than this property's current rents, creating an opportunity for an investor to increase rental income and maximize the property's long-term value.Offered at $479,000, this multifamily property may appeal to local rental property investors, value-add buyers, and 1031 exchange buyers looking for an income-producing real estate opportunity with room for future growth.Property has deferred maintenance and is being sold in its present condition. Please do not disturb tenants. Make offer subject to interior inspection. Buyer to verify rents, expenses, property condition, and potential rental income.
Wonderful small complex (The Colonial) with a pool directly behind Gazebo Gardens, which features live music and food trucks regularly. Also close to FCC. Nice 1 bedroom end unit with large living room. New carpet in bedroom and laminate flooring elsewhere.. Kitchen has updated cabinets and black/stainless appliances (fridge included). On site laundry. Perfect for single professional. Highly qualified tenants only. Call David Barr for more info.
A unique investment opportunity awaits at 3705 E Iowa Avenue! This established income-producing property features two separate homes situated on one large lot, offering flexibility and excellent potential for an investor seeking multiple rental streams. Originally built in 1910, the property offers approximately 2,217 square feet of combined living space on an expansive lot of approximately 20,000 square feet. The two-home configuration provides the opportunity to generate rental income from both residences while maintaining separate living spaces for tenants. The detached garge is also an added benefit for tenants! Both homes are currently tenant occupied, providing an opportunity for an investor to acquire an existing rental property with established occupancy. The property also features solar through PPA agreements on both homes. Situation on a desirable and generous sized corner lot. This location offers valuable outdoor space and adds to the property's long-term appeal. Located in Fresno's 93702 area, this property provides convenient access to neighborhood amenities, schools, transportation, and the greater Fresno area. Whether you're expanding an existing rental portfolio or looking for a property with two income-producing residences on one parcel, 3705 E Iowa Avenue presents a compelling opportunity.
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.
