1644 B Street, Fresno, California 93706, Fresno, 93706 - 9 bed, 3 bath
ACTIVE$499,500
1644 B Street, Fresno, California 93706
9Beds
3Baths
2,652Sqft
7,000Lot
Year Built
1984
Close
-
List price
$500K
Original List price
$500K
Price/Sqft
$188
HOA
-
Days on market
-
Sold On
-
MLS number
FR25199234
Home ConditionFair
Features
View-
About this home
We found 3 Cons,5 Pros.
Welcome to B St! An income producing triplex in the heart of fresno. Fully rented out with long term tenants. Look no further for your next investment property. Call today to get started on, or to add to your investment portfolio. Additional listings 1614 B St, 1120 San Joaquin St, 1622 B St, 1620 B St, 1636 B St.
Price History
Date
Event
Price
11/14/25
Price Change
$499,500-0.1%
09/04/25
Listing
$500,000
Condition Rating
Fair
Built in 1984, this triplex is 40 years old. While it appears to be maintained and is fully rented, the images reveal an outdated kitchen with older wood cabinets and black appliances. The light fixtures are basic, and while the flooring seems decent, the overall aesthetic suggests the property has not undergone significant renovations in the last 15-30 years. It is functional but requires minor updates to meet current styles and standards, aligning with the 'fair' condition criteria.
Pros & Cons
Pros
Immediate Income Generation: The property is a fully rented triplex with long-term tenants, ensuring immediate and stable cash flow for an investor.
Long-Term Tenants: The presence of long-term tenants suggests stability, reduced vacancy risk, and lower tenant turnover costs.
Turnkey Investment: Being fully rented out, this property offers a potentially hands-off investment opportunity from day one, ideal for new or experienced investors.
Portfolio Expansion Opportunity: The listing explicitly mentions additional properties available on B St and San Joaquin St, presenting a unique chance to scale an investment portfolio in the same area.
Multi-Unit Property: As a triplex, it provides diversified income streams and potentially higher overall rental yield compared to single-family homes, mitigating risk.
Cons
Property Age: Built in 1984, the property is 40 years old, which may necessitate future capital expenditures for updates, major system replacements, or deferred maintenance.
Lack of Condition Details: The description provides no information on the current condition of the individual units or any recent renovations, suggesting potential for required upgrades or hidden maintenance issues.
Limited Specifics on Unit Features/Amenities: The listing lacks details about individual unit features, finishes, or property amenities, which could impact rental value, tenant appeal, or long-term retention.