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$ 850,000
Est. payment | /mo
12 Beds
8 Baths
7,380 Sqft Lot
$ 850,000
Est. payment | /mo
12 Beds
8 Baths
7,380 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID FR26143670
Bedrooms 12
Lot Size 7,380 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
This fully upgraded FHA/VA-eligible four-plex offers exceptional income performance in one of Fresno's most convenient lifestyle corridors. Located just north of Dakota and west of Palm, the property sits moments from Fig Garden Village, giving residents effortless access to premier shopping, dining, Whole Foods, and everyday conveniences along Palm & Shaw. Each of the four townhome-style units features 3 bedrooms, 1.5 bathrooms, and approximately 960 sq ft, with meaningful upgrades completed. The property presents a clean, modern, and highly functional living environment that aligns perfectly with the area's strong rental demand. Current Rents: Unit 101 - $2,000 (VA) Unit 102 - $2,317 (Section 8) Unit 201 - $1,950 Unit 202 - $1,950 Total Monthly Income: $8,217.00 Tenant-Paid Utilities: Electricity, Water, Sewer. Owner Expenses: Insurance ($3,319/yr), Landscape ($840/yr), Trash ($1,500/yr), Pest ($600/yr), Property Tax (approx. 1.25% of purchase price). With no owner paid utilities, this property operates with an efficient expense structure and strong income. The upgrades enhance durability, functionality, and long-term appeal for renters. The location offers quick access to Fresno City College, major transportation routes, shopping, and employment centers. Individual Carport parking adds convenience for residents. This is a rare opportunity to acquire a high-income four-plex with updated interiors, excellent rent levels, and minimal operating burden. Showings are subject to tenant cooperation; offers may be submitted subject to inspection.
Location
State CA
County Fresno
Zoning Public Rec
Direction From Shaw & Palm, drive towards Dakota. Turn right on E Dakota, Turn right on N Thorne, then a short distance to 5 E Saginaw Way
Interior
Cooling Central Forced Air, Wall/Window
Fireplace No
Exterior
View Y/N No
Roof Type Composition
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 43422301
Acceptable Financing Cash, Conventional, FHA, VA
Listing Terms Cash, Conventional, FHA, VA
Listed by Gautam Atri, DRE#02050505 Universal Realty Services, Inc
NEARBY SCHOOL & BUSINESS