
Fresno, California 93701
This Residential Income Quadruplex is a Strong Value Opportunity, listed at $599,900—positioned well above the $553,495 Fair Market Value by 8%. Despite the premium, the property features a Condition Rating of 3, boasting recent renovations like Granite Countertops and Newer Flooring. Fully occupied with stable rental income, this asset offers immediate cash flow and significant upside potential for future rent growth. Its turnkey status minimizes capital expenditure, making it an ideal acquisition for Buy-and-Hold Investors or Passive Income Seekers looking for a reliable, well-maintained Fresno investment.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 203 N San Pablo Subject | $599,900* List Price | 0 | 0 | 2,184 | $253 | - |
A 329 N Diana Active | $459,999 List Price | 0 | 0 | 2,076 | $222 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1947, the property has undergone recent renovations including granite countertops and newer flooring. It is described as being in great shape and well-maintained, fitting the criteria for a functional, move-in ready investment.
The units have been recently updated with modern finishes including granite countertops and newer flooring, reducing the need for immediate capital expenditures.
The property is fully occupied with rents already set at a competitive level, providing a stable and reliable income stream from the first day of ownership.
Despite the strong current performance, the property offers significant upside potential for rent increases, allowing investors to maximize their long-term yield.
Built in 1947, the property may require more intensive ongoing maintenance or future upgrades to aging infrastructure systems common in mid-century buildings.
With an average unit size of approximately 546 square feet, the smaller floor plans may limit the tenant pool to individuals or couples rather than larger households.
Very clean fully occupied four plex in Central Fresno. This four plex is in great shape! The units have all be remodeled fairly recently and include Granite countertops, and newer flooring. The rents are set at a great amount for the price of this fourplex, but STILL have upside potential for the future.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 2,184 | 984.5 |
| Lot Size | 6,250 | 11,558.5 |
| Price | $599.9K | $538.6K |
| Price per sq ft | $275 | $207.2K |
| Built year | 1947 | 1990 |
| HOA | $0 | $0 |
| Days on market | 27 | 68 |
Jun 25, 2026
$599,900
Initial Listing
May 24, 2024
$504,000
Public Record
Oct 6, 2021
$409,000
Public Record
Dec 14, 2018
$275,000
Public Record
Dec 30, 1999
$48,000
Public Record