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, diverse culture, and a warm, welcoming community. With its sunny Mediterranean climate and proximity to stunning natural attractions like Yosemite and Sequoia National Parks, Fresno offers a unique blend of urban convenience and outdoor adventure.

Fresno is an ideal place for families, professionals, and investors alike, particularly when it comes to multi-family homes. The multi-family housing market in Fresno is thriving, presenting a fantastic opportunity for those looking to invest in residential properties. These homes are designed to accommodate multiple families or tenants, making them a smart choice for generating rental income or creating a communal living environment.

The multi-family homes in Fresno range from cozy duplexes to expansive apartment complexes, catering to various lifestyles and budgets. Many of these properties are strategically located near key amenities such as schools, shopping centers, and public transportation, ensuring easy access to everything the city has to offer. With the growing demand for rental properties, investing in multi-family homes in Fresno is not just a sound financial decision but also a chance to be part of a flourishing community.

Whether you're a seasoned investor or a first-time homebuyer, Fresno's multi-family housing market provides an excellent opportunity to cultivate your real estate portfolio while enjoying the charm and warmth of this beautiful Californian city. Discover the potential of multi-family living in Fresno today!

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.