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 and diverse culture, Fresno offers a unique blend of urban amenities and natural beauty. With its sunny climate and proximity to stunning national parks like Yosemite and Sequoia, residents enjoy a lifestyle that balances outdoor adventure with city conveniences.

In Fresno, the real estate market is thriving, particularly in the multi-family housing sector. Homes with a multi-family subtype present an incredible opportunity for both investors and families looking to maximize their living space. These properties are ideal for those seeking to create rental income or accommodate extended family members under one roof.

Multi-family homes in Fresno come in various styles, from charming duplexes to spacious triplexes and fourplexes, catering to a range of budgets and preferences. The city's growing population and demand for housing make these properties a smart investment choice. With neighborhoods rich in community spirit and amenities such as parks, schools, and shopping centers, multi-family homes provide not only a place to live but also a sense of belonging.

Fresno's strategic location, coupled with its affordable housing market, makes it a desirable destination for homebuyers and investors alike. Whether you’re looking to invest or find a comfortable multi-family residence, Fresno is the perfect place to call home. Embrace the opportunity to be part of this thriving community and discover the endless possibilities that await you in Fresno!

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.