Fresno (FSNO) Homes with Multi Family Subtype

Welcome to Fresno, California—a vibrant city nestled in the heart of the San Joaquin Valley, renowned for its rich agricultural heritage and diverse community. As one of the largest cities in the Central Valley, Fresno boasts a unique blend of urban conveniences and natural beauty, making it an ideal place for families, professionals, and investors alike.

Fresno is celebrated for its warm climate, providing residents with ample opportunities to enjoy outdoor activities year-round. With proximity to stunning national parks like Yosemite and Sequoia, nature enthusiasts will find endless adventures just a short drive away. The city itself is home to a variety of cultural attractions, including the Fresno Art Museum, the historic Tower District, and a thriving food scene that showcases the best of California's farm-to-table offerings.

For those exploring real estate opportunities, Fresno offers an exciting market for multi-family homes. With a growing population and a demand for rental properties, investing in multi-family residences can be a savvy choice. These homes not only provide a steady income stream but also foster a sense of community, allowing residents to enjoy shared amenities and close-knit living.

Whether you're looking to invest in a multi-family property or find a home for your family, Fresno's diverse neighborhoods, from the bustling downtown to the serene suburbs, offer something for everyone. With its affordable housing options and promising growth, Fresno is the perfect place to plant roots and watch your investment flourish. Explore the possibilities in this dynamic city and discover your next home sweet home!

Newest Fresno (FSNO) Homes with Multi Family Subtype

$1,175,000

FR26078832 MLS ⋅ Active Status

Eight Unit Multifamily Investment Opportunity. Great Income, Modern Upgrades, Strong Rental Demand, Brand New Roof, Brand New Paint, newer AC units. This 8 unit multifamily asset offers a full 2 Bedroom, 1 Bath configuration, a consistently high demand layout in the Fresno rental market. Every residence has received new interior paint within the last year, creating a clean and uniform presentation across the property. The building reflects ongoing ownership care, with a mix of upgraded interiors, modernized kitchens and baths, and strong in place rents. This is a stabilized, income producing asset with clear upside through continued modernization of legacy units. Unit Mix and Interior Condition: Unit 1: $1,400. Fresh interior paint, new floors. Unit 2: $1,050. New flooring. Clean interior profile. Unit 3: $1,200. New flooring. Fully remodeled kitchen with granite and new cabinets. New bathroom. Unit 4: $1,175. New bathroom. New flooring. New stove. Unit 5: $1,250. Full renovation completed one year ago. Modern kitchen, bath, flooring, and finishes. Unit 6: $1,541. New windows. New paint. New stove. (Hosing Voucher) Second Building (Units 7 and 8): Unit 7: $1,090. Unit 8: $1,025. New bathroom. New kitchen with cabinets, granite, and stove. New flooring and new paint. Financial Summary: Total Monthly Income: $9,731.00 Total Annual Income: $116,772 Operating Expenses (Annual): Insurance: $4,700 Water and Sewer: $3,000 Trash: $2,800 Electric and Gas (Common): $900 Garden Care: $600 Pest Control: $600 Investment Highlights: Brand new Roof. Brand new outdoor paint. All units are 2 bed and 1 bath, the strongest rental configuration in this submarket. Uniform interior paint across all eight units within the last year. Multiple upgraded interiors with new kitchens, granite counters, cabinets, flooring, and bathrooms. Stabilized rent roll with strong in place income. Clear value add runway through modernization of legacy units. This 8 unit asset is ideal for investors seeking an income producing property with a balanced mix of renovated units and value add potential. There is room for improvements in the rents.

3940 E Burns, Fresno

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.