$625,000

Estimated payment $3,926/month

Total Views 372
4 Beds
5 Baths
3,240 Sq Ft
$193 Price per Sq Ft

About This Home

Excellent investment opportunity in a strong rental market, this fully occupied 5-unit multifamily property offers immediate income with a solid tenant base, including several long-term residents. The building totals 3,240 square feet and features a desirable mix of units: two studios, two 1-bedroom/1-bath units, and one 2-bedroom/1-bath unit. Located within 2 miles of major shopping, dining, and entertainment, and less than a mile from Fresno City College, this property sits in one of Fresno's most in-demand rental areas. With a current gross monthly income of $5,175, this asset delivers consistent cash flow and excellent potential for future appreciation. Whether you're expanding your portfolio or looking for a turnkey income property, this is a must-see opportunity.

Listing Agent

Jin Kim

The JKRE Investment Group License #01456017 Listed on: 09/15/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Home Design

  • Wood Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,240 Sq Ft Home
  • 2-Story Property
  • Heated Floors

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Bathrooms

Parking

  • Covered Parking
  • Uncovered Parking

Additional Features

  • 5,762 Sq Ft Lot
  • Cooling System Mounted To A Wall/Window

Community Details

  • 5 Units
  • Gross Income $62,100

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Type: Multi Family
  • Property Sub Type: 5 to 15 Units
  • Price Per Square Foot: 192.90
  • Year Built Exception: 0
  • Stories: Two
  • Special Features: None
  • Year Built: 1920

Interior Features

  • Fireplace: None
  • Bathrooms: 5.00
  • Bedrooms: 4
  • Square Footage: 3240.00

Exterior Features

  • Roofing: Composition
  • Exterior: Wood
  • Foundation: Wood Subfloor

Garage/Parking

  • Additional Parking: Covered, Uncovered

Utilities

  • Gas And Electric: Public Utilities
  • Sewer/Water: Public Water
  • Heat/Cool: Floor or Wall Heat, Window or Wall A/C

Condo/Co-op/Association

  • Association: Fresno MLS

Lot Info

  • Acres: 0.1323
  • Lot Measurement: Square Feet
  • Lot Size Sq Ft: 5762.00
  • Price Per Acre: 4724111.87

Building Info

  • Year Built: 1920

Rental Info

  • TenantPays: Electricity, Gas

Multi Family

  • Annual Income: 62100.00
  • IncomeIncludes: Unit Rent, Month to Month
  • Total Units: 5

MLS Schools

  • School District 2: Fresno Unified

Map

Range of Values:

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ICE

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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
09/15/2025 09/15/25 For Sale $625,000 -- $193 / Sq Ft
Source: Fresno MLS

Source: Fresno MLS

MLS Number: 636841

Fresno MLS