Fresno (FSNO) Homes with Multi Family Subtype

Welcome to Fresno, California – a vibrant city nestled in the heart of the San Joaquin Valley, where the charm of small-town living meets the excitement of urban amenities. Known for its rich agricultural heritage and diverse culture, Fresno is a thriving hub that offers a unique blend of opportunities for both residents and investors. With a population that reflects a tapestry of backgrounds, you’ll find a welcoming community that embraces all walks of life.

One of the standout features of Fresno’s real estate market is its multi-family housing options. Whether you’re looking to invest or find the perfect home for your family, Fresno offers a variety of multi-family properties that cater to diverse needs. These homes are not just structures; they are gateways to community living, providing opportunities for shared experiences and fostering connections among neighbors.

Multi-family homes in Fresno come in various styles and sizes, from charming duplexes to modern apartment complexes. They offer an attractive investment opportunity, thanks to the city’s growing economy and increasing rental demand. With its central location, Fresno provides easy access to major highways and amenities, making it an ideal place for families, young professionals, and retirees alike.

Explore the neighborhoods of Fresno, where you’ll find lush parks, bustling farmers' markets, and a vibrant arts scene. From the historic charm of the Tower District to the family-friendly atmosphere of Clovis, there’s something for everyone. Embrace the warmth of Fresno living and discover the potential of multi-family homes that not only provide shelter but also foster a sense of community. Your dream home or investment opportunity awaits 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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