Introducing a rare opportunity to acquire a 16-unit apartment community located in the heart of Porterville, California. Situated on West Date Street, this well-positioned property offers strong in-place income, long-term upside potential, and an exceptional central location just minutes from Highway 190, shopping centers, schools, and Porterville College. Built in 1960, the property consists of sixteen single-story units featuring a desirable unit mix of eight 1-bedroom/1-bath units and eight 2-bedroom/1-bath units. The single-story layout enhances tenant appeal and reduces long-term maintenance compared to multi-story assets. Property Highlights • 16 Total Units 8 One-Bedroom / One-Bath 8 Two-Bedroom / One-Bath • Single-story construction • 16 on-site parking spaces • City water and sewer • Owner currently pays water and garbage • Gas wall heaters and evaporative coolers • Modern composition shingle roof • Stucco exterior with significant exterior improvements completed Over the years, many of the units have been updated, and substantial work has been completed on the exterior, giving the property a clean, cohesive, and well-maintained appearance. The interior courtyard-style layout creates a functional community feel while maintaining privacy for residents. Income & Investment Potential The property has historically offered affordable rental rates, making it highly attractive to the strong local workforce tenant base. With units economically priced, the asset presents clear upside potential through continued interior upgrades and rent optimization to market levels. Investors will appreciate: • Consistent rental demand due to affordability • Central infill location near employment, retail, and education • Proximity to Highway 190 for regional access • Stable workforce housing fundamentals • Opportunity to improve expense efficiency and RUBS implementation potential (buyer to verify) Investment Summary 282-288 W. State Street represents a compelling opportunity to acquire a stabilized yet value-enhanced multifamily asset in one of Tulare County's established rental markets. With exterior improvements already completed and many units updated, an investor can step into an improved asset with remaining upside potential. This is an ideal acquisition for: • Investors seeking workforce housing • Buyers looking for steady cash flow with future rent growth • Portfolio expansion within Tulare County • 1031 exchange buyers targeting multifamily assets • Possible private loan assumption with 40% down payment (contact listing agent for details)
3-bedroom home with an ADU, great rental property, the main house features 3 bedrooms and 1 bathroom with central heating and cooling, the ADU is one bedroom and one Bathroom with a living room and Kitchen, conveniently located, this property provides excellent versatility for extending living or potential income opportunities. Call today for more information!!!
Side-by-Side 4-Unit Investment Opportunity - Purchase Individually or as an 8-Unit PackageTwo adjacent 4-plex properties are now available in central Porterville, each offering identical 2-bedroom, 1-bath units. Buyers have the flexibility to acquire one property or secure both as a package deal, creating an 8-unit footprint with operational efficiencies and expanded income potential.This particular 4-unit property reflects clear pride of ownership, with strong curb appeal and a well-maintained exterior. All units are occupied by long-term tenants, providing consistent income from day one.Located in the central part of town near shopping, schools, and daily conveniences, the property benefits from solid rental demand in an appreciating area. There is additional upside through strategic rent adjustments over time, making this a compelling value-add opportunity for investors seeking dependable performance and long-term growth.
Side-by-Side 4-Unit Investment Opportunity - Purchase Individually or as an 8-Unit PackageTwo adjacent 4-plex properties are now available in central Porterville, each offering identical 2-bedroom, 1-bath units. Buyers have the flexibility to acquire one property or secure both as a package deal, creating an 8-unit footprint with operational efficiencies and expanded income potential.This particular 4-unit property reflects clear pride of ownership, with strong curb appeal and a well-maintained exterior. All units are occupied by long-term tenants, providing consistent income from day one.Located in the central part of town near shopping, schools, and daily conveniences, the property benefits from solid rental demand in an appreciating area. There is additional upside through strategic rent adjustments over time, making this a compelling value-add opportunity for investors seeking dependable performance and long-term growth.
Investor alert in Porterville! This income-producing duplex offers two 2-bedroom, 1-bath units with central heating and cooling, plus dedicated carports for each unit. Long-term tenants provide consistent cash flow, while rental rates offer room for future increases—creating excellent upside potential. Whether you're expanding your portfolio or entering the investment market, this is a smart opportunity with built-in stability and growth potential.
Well-maintained triplex investment property consisting of one (1) 2-bedroom / 1-bath and two (2) 1- bedroom 1 bath units located within an established residential neighborhood. The property is currently utilized as a rental asset and offers functional unit layouts consistent with local tenant demand.Situated on a quiet cul-de-sac, the property provides a residential setting with convenient access to nearby roadways, employment centers, and community amenities. The configuration and layout make it suitable for continued multifamily use, subject to buyer verification and due diligence.
This listing is for two duplexes (4 units total) at: 36-38 N. G Street (APN: 260-204-017) and 40-42 N. G Street (APN: 260-204-020). Both buildings together measure approximately 3,700 square feet of living space, and consist of 2 bedroom/1 bathroom units. The total rents are currently $3,750 per month and the property is professionally managed. Buildings were recently updated with new exterior paint, energy-efficient windows, sprinkler systems and landscaping. These neighboring duplexes are ideal for investors seeking a solid investment opportunity in a growing Central California community. It is located close to downtown and major commuter routes in the heart of Porterville, CA which provides tenants convenient access to shopping centers, schools, parks, and everyday amenities.
Looking for adding more units on your portfolio or thinking on staring one? Take a look at these Quadruplex, 3 units with 2 bedrooms 1 bathroom and1 unit with 1 bedroom 1 bathroom featuring new flooring and some more upgrades! Schedule your private showing TODAY!!!
Porterville is located in California. Porterville, California has a population of 62,164. Porterville is less family-centric than the surrounding county with 34.19% of the households containing married families with children. The county average for households married with children is 35.11%.
The median household income in Porterville, California is $48,955. The median household income for the surrounding county is $57,394 compared to the national median of $69,021. The median age of people living in Porterville is 31.8 years.
The average high temperature in July is 98.1 degrees, with an average low temperature in January of 37.8 degrees. The average rainfall is approximately 12.6 inches per year, with 0.1 inches of snow per year.
