$149,000
$20K PRICE DROP

Estimated payment $954/month

Total Views 20,209
0.47 Acre
$317,021 Price per Acre
20,473 Sq Ft Lot

About This Lot

Rare opportunity to acquire prime RM-2 multifamily development land in one of Visalia's most active growth corridors. Ideally located with convenient freeway access and surrounded by modern residential subdivisions, this parcel stands out as one of the last remaining RM-2 zoned lots in the area—allowing for up to 6 multifamily units (buyer to verify). The owner of this property will benefit from the highly anticipated construction of the 198 and road 146 Interchange project to the east, greatly enhancing vehicle and pedestrian connectivity to 198 and the east side regional park!

This is your chance to capitalize on strong rental demand, build equity, and generate future cash flow in a rapidly expanding market. Whether you're an experienced developer or first-time investor, the seller is open to carrying financing—making this an even more attractive opportunity.

Key Highlights:

RM-2 zoning - up to 6 units (buyer to confirm)
Excellent location with freeway access, nearby regional park
Surrounded by new residential development
Seller financing available

Act now—opportunities like this don't last!

Listing Agent

Chase Morgan

Chase Morgan License #02221440 Listed on: 01/10/2025

Property Details

Property Type

  • Land

Lot Details

  • 0.47 Acre Lot
  • West Facing Home
  • Zoning described as RM2 - Residential Multi Family for up to 6 units.

Community Details

  • No Home Owners Association
  • None Specified Subdivision

Listing and Financial Details

  • Assessor Parcel Number 101060011000

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Land
  • Horses: No
  • Lot Size Acres: 0.47
  • Lot Size: 180' x 96' approx
  • Subdivision Name: None Specified
  • Directions: East on Noble from Ben Maddox, South East corner of Mcauliff and Noble.
  • Special Features: None

Exterior Features

  • Waterfront: No
  • Direction Faces: West

Utilities

  • Sewer: Other
  • Utilities: None
  • Water Source: None

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 20473.0
  • Additional Parcels: No
  • Parcel #: 101060011000
  • Zoning Description: RM2 - Residential Multi Family for up to 6 units.

Map

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
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List Price
Sold Price
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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 Change Sq Ft Price
06/12/2025 06/12/25 Price Changed $149,000 -6.3% --
02/12/2025 02/12/25 Price Changed $159,000 -5.9% --
01/10/2025 01/10/25 For Sale $169,000 -- --
Source: Tulare County MLS

Source: Tulare County MLS

MLS Number: 232934

Tulare County MLS