$620,000
$20K PRICE DROP

Estimated payment $3,888/month

Total Views 788,010
6 Beds
-- Bath
3,194 Sq Ft
$194 Price per Sq Ft

About This Home

Prime 4-Plex Investment Opportunity - FHA Eligible!

Located near Manchester Mall, this fully rented 4-plex is a fantastic investment opportunity! The property features two 2-bedroom, 1-bath units and two 1-bedroom, 1-bath units, each equipped with washer/dryer hookups and a 1-car garage.

Key Highlights: One unit completely renovated, newer HVAC system, modern finishes, and upgraded interiors. Other units feature updated flooring, bathroom vanities, toilets, and water heaters. FHA eligible, perfect for owner-occupants looking to invest. Prime location close to shopping, restaurants, and public transportation

Strong Rental Income: One unit currently rents for $1,300, with room for potential rent increases across the complex.

Convenient Location: Situated in a high-demand rental area, just minutes from Manchester Mall, major freeways, and Fresno City College.

Don't miss this rare opportunity! Whether you're an investor or looking for an owner-occupied property, this 4-plex offers strong cash flow and long-term value.

Listing Agent

Gautam Atri

Universal Realty Services, Inc Brokerage Phone: 559-917-1113 License #02050505 Listed on: 05/06/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1957

Lot Details

  • 8,000 Sq Ft Lot
  • Two or More Common Walls
  • Density is 2-5 Units/Acre

Home Design

  • Apartment
  • Entry on the 1st floor
  • Composition Roof

Interior Spaces

  • 6 Bedrooms
  • 3,194 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Parking

  • 4 Parking Spaces
  • 4 Carport Spaces

Location

  • Urban Location

Listing and Financial Details

  • Legal Lot and Block 24,25 / 13
  • Assessor Parcel Number 43704211
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Operating Expense $12,801
  • Gross Income $45,000
  • Net Operating Income $32,199

Property Details

Home Type

Multi-Family

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Zoning: R-3
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 43704211
  • Year Built: 1957
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 194.11

Exterior Features

  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Carport Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 8000.00
  • Lot Size Acres: 0.1837

Multi Family

  • Gross Income: 45000.00
  • Gross Scheduled Income: 45000.00
  • Lot Size Area: 8000.0000 Square Feet
  • Net Operating Income: 32199.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Total: 4
  • Operating Expense: 12801.00
  • Rent Control: No
  • Total Expenses: 12801.00

Tax Info

  • Tax Block: 13
  • Tax Census Tract: 51.00
  • Tax Lot: 24,25

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/04/2025 06/04/25 Price Changed $620,000 -3.1% $194 / Sq Ft
05/06/2025 05/06/25 For Sale $640,000 +21.9% $200 / Sq Ft
05/06/2022 05/06/22 Sold $525,000 +5.2% $164 / Sq Ft View Prior Sale
04/13/2022 04/13/22 Pending -- -- --
04/11/2022 04/11/22 Price Changed $499,000 +1.8% $156 / Sq Ft
04/11/2022 04/11/22 For Sale $490,000 +206.3% $153 / Sq Ft
05/01/2012 05/01/12 Sold $160,000 0.0% $50 / Sq Ft View Prior Sale
03/10/2012 03/10/12 Pending -- -- --
03/05/2012 03/05/12 For Sale $160,000 -- $50 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

About the Listing Agent

Gautam Atri

Universal Realty Services, Inc

(209) 772-6554

Section Image

Gautam Atri is a licensed Full-Service Realtor, Mortgage Loan Originator, and soon-to-be Broker Associate with Universal Realty Services, Inc. He is also a proud member of the Riser Realty Group—a team of dedicated and experienced agents who share his values and vision. With a unique dual expertise in real estate and lending, Gautam is exceptionally equipped to guide clients through every facet of their real estate journey.

Over the course of his career, Gautam has sold more than 100

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: FR25100434

California Regional Multiple Listing Service (CRMLS)