Fresno (FSNO) Homes with Multi Family Subtype

Welcome to Fresno, California—an enticing blend of vibrant culture, stunning landscapes, and a burgeoning real estate market! Nestled in the heart of the San Joaquin Valley, Fresno is not only the fifth-largest city in California but also a hub of opportunity and diversity. With its rich agricultural roots, Fresno boasts picturesque parks, a thriving arts scene, and a warm, welcoming community that makes it an ideal place to call home.

For those seeking investment opportunities or multi-generational living arrangements, the multi-family homes in Fresno are a perfect fit. These properties offer an attractive option for both seasoned investors and first-time buyers looking to capitalize on the growing rental market. With a variety of styles ranging from duplexes to larger apartment complexes, multi-family homes in Fresno provide the flexibility to accommodate multiple families or generate rental income.

The city's strategic location offers easy access to major highways, making commutes to nearby cities like Clovis and Visalia a breeze. Residents can enjoy the best of both worlds—urban conveniences paired with the charm of a close-knit community. Additionally, Fresno's commitment to revitalization and development ensures that property values are on the rise, making multi-family homes not just a place to live but a smart investment choice.

Explore the diverse neighborhoods of Fresno, where each area boasts its own unique character and amenities. Whether you're drawn to the bustling downtown scene or the serene suburban vibe, Fresno's multi-family homes offer the perfect opportunity to embrace a lifestyle of comfort and potential. Discover your next property in this thriving 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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