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 roots and diverse cultural landscape, Fresno offers a unique blend of urban convenience and natural beauty. With its sunny climate, residents enjoy an outdoor lifestyle, with nearby attractions such as the stunning Sierra National Forest and the breathtaking Yosemite National Park just a short drive away.

Fresno is not just about stunning landscapes; it also boasts a thriving economy, a growing job market, and a variety of educational institutions, making it an ideal place for families, young professionals, and retirees alike. The city is home to numerous parks, cultural events, and dining options that cater to every taste, ensuring that there’s always something to do.

For those looking to invest in real estate, Fresno’s multi-family homes present an excellent opportunity. These properties are perfect for investors seeking to maximize their rental income while benefiting from the city’s steady demand for housing. With a range of options available—from duplexes to larger apartment complexes—multi-family homes in Fresno offer flexibility and potential for long-term growth.

The multi-family market in Fresno is particularly appealing due to its affordability compared to other California cities, making it an attractive option for both seasoned investors and first-time buyers. With a strong rental market and a community-focused atmosphere, Fresno is not just a place to live; it’s a place to thrive. Discover the possibilities that await you in this dynamic city!

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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