
Fresno, California 93701
Analysis of 332 N Roosevelt, Fresno, California 93701 is currently available with a list price of $535,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Fresno Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is extensive renovation needed.
Built in 1923 (100+ years old) with no evidence of recent renovations to kitchens, baths, or major systems. The exterior shows significant deferred maintenance, and the presence of window AC units suggests a lack of modern HVAC, indicating the property likely requires a full rehab.
The property features a combination of one 2BR/1BA and three 1BR/1BA units, offering flexibility to attract various tenant profiles and optimize rental income.
Situated near downtown employment hubs, public transit, and schools, the location ensures strong rental demand and convenience for urban commuters.
The 7,200 sq. ft. lot includes ample parking space and easy alley access, a significant advantage for multi-unit dwellings in high-density areas.
Built in 1923, the aging structure may require ongoing maintenance, capital improvements, or updates to major systems like plumbing and electrical.
With a list price of $535,000 compared to its $275,000 sale in 2018, investors will need to carefully evaluate the current cap rate and ROI potential.
Prime 4-Unit Investment Property! This 1923 two-story building totals 2,449 sq. ft. of living space, comprising one large 2BR/1BA unit and three 1BR/1BA units. Sitting on a 7,200 sq. ft. lot with easy alley access and plenty of parking space. Ideal central location close to public transit, schools, shopping, and downtown employment hubs. Perfect for savvy investors looking to capitalize on strong rental demand. Don't miss out on this exceptional multi-family find!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.5 |
| Baths | 0.0 | 3.0 |
| Square foot | 2,449 | 2,021 |
| Lot Size | 7,200 | 9,397.9 |
| Price | $535.0K | $550.7K |
| Price per sq ft | $218 | $169.6K |
| Built year | 1923 | 1986 |
| HOA | $0 | $0 |
| Days on market | 16 | 76 |
Aug 24, 2026
$535,000
Initial Listing
Jun 1, 2018
$275,000
Public Record
Oct 7, 2004
$260,000
Public Record