Fresno (FSNO) Homes with Multi Family Subtype

Welcome to Fresno, California, a vibrant city nestled in the heart of the San Joaquin Valley. Known for its rich agricultural heritage, Fresno boasts a diverse cultural scene, stunning parks, and a welcoming community spirit. With its warm climate and beautiful surroundings, it’s an ideal place for families, professionals, and investors alike.

Fresno’s real estate market offers a unique opportunity, particularly for those interested in multi-family homes. These properties are perfect for investors looking to maximize their returns, or for families seeking spacious living arrangements with the potential for rental income. Multi-family homes in Fresno come in various styles, from charming duplexes to modern apartment complexes, catering to a wide range of preferences and budgets.

The city’s strategic location provides easy access to major highways, making it a convenient hub for commuting to nearby cities like Clovis and Madera. Residents enjoy a wealth of amenities, including top-rated schools, shopping centers, and recreational facilities. The vibrant downtown area is alive with restaurants, art galleries, and cultural events, ensuring there’s always something to explore.

Moreover, Fresno is surrounded by breathtaking natural beauty, with the Sierra Nevada mountains to the east and numerous national parks nearby, including Yosemite and Sequoia. This makes it not only a great place to live but also a fantastic spot for outdoor enthusiasts.

Investing in multi-family homes in Fresno means becoming part of a thriving community with endless possibilities. Whether you're looking to grow your investment portfolio or find the perfect home for your family, Fresno offers the ideal blend of opportunity and lifestyle. Discover your next property in this dynamic city 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.