Excellent investment opportunity in the growing Reedley market. This fully occupied fourplex features four 2-bedroom, 1-bath units totaling approximately 3,144 square feet, providing consistent rental income. Three units have been updated with modern kitchens, bathrooms, and durable LVP flooring, while one unit offers long-term tenancy. Each unit includes central HVAC and indoor laundry, enhancing overall appeal. Conveniently located near schools, shopping, and commuter routes, this property is well-suited for investors seeking an income-producing asset with potential upside. Do not disturb tenants. Offers subject to inspection. Unit configuration per tax records; buyer to verify.
Fully occupied fourplex in Reedley featuring four 2-bedroom, 1-bath units totaling approximately 3,144 square feet. Three units have been updated with modern kitchens, bathrooms, and durable LVP flooring, while one unit has long-term tenancy. Each unit includes central HVAC and indoor laundry. Do not disturb tenants. Unit configuration per tax records; buyer to verify.
Excellent Investment opportunity!! These well-maintained apartments all have recent renovations, fully paid off solar panels and provide substantial rental income. Each unit rents for $1500 p/month. Each have their own private laundry hook ups inside the apartment, storage rooms, carport parking spaces, private patios & individual meters for electricity and gas. Property owner pays city water and trash for the building. Newer artificial turf helps keep water bills on the low end. Explore the possibility of this multifamily complex being yours and generating passive income for years to come!
Reedley is located in California. Reedley, California has a population of 25,168. Reedley is more family-centric than the surrounding county with 40.27% of the households containing married families with children. The county average for households married with children is 32.95%.
The median household income in Reedley, California is $55,498. 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 Reedley is 29.9 years.
The average high temperature in July is 96.3 degrees, with an average low temperature in January of 38.3 degrees. The average rainfall is approximately 11.8 inches per year, with 0 inches of snow per year.
