
Fresno, California 93704
Analysis of 5 E Saginaw, Fresno, California 93704 is currently available with a list price of $850,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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 both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is new construction or fully renovated.
While built in 1970, the property has undergone a comprehensive interior renovation within the last 5 years. The units feature modern wood-look tile flooring, updated white shaker cabinetry, new backsplash, and fresh paint throughout, meeting the criteria for a recent high-quality renovation.
The property generates a robust monthly income of $8,217 with a strong gross rent multiplier, making it a highly attractive asset for yield-focused investors.
Tenants are responsible for electricity, water, and sewer, significantly reducing the owner's operating burden and protecting the net operating income from utility fluctuations.
Situated near Fig Garden Village and major transit corridors, the property benefits from high rental demand and proximity to premier shopping, dining, and employment centers.
The property was recently sold within the past year on 2025-07-29. The sold price is $675,000.00.
Each 3-bedroom unit is approximately 960 square feet, which may feel cramped for larger families and could lead to increased wear and tear or higher tenant turnover.
Showings are subject to tenant cooperation and offers must be submitted prior to full inspection, which may complicate the due diligence process for some buyers.
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.
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 | 3,840 | 984.5 |
| Lot Size | 7,380 | 11,558.5 |
| Price | $850.0K | $538.6K |
| Price per sq ft | $221 | $207.2K |
| Built year | 1970 | 1990 |
| HOA | $0 | $0 |
| Days on market | 21 | 68 |
Jul 1, 2026
$850,000
Initial Listing
Jul 29, 2025
$675,000
Public Record
Apr 29, 2022
$550,000
Public Record
May 31, 2018
$370,000
Public Record
Feb 9, 2005
$465,500
Public Record
May 24, 2002
$150,500
Public Record
Mar 7, 1994
$115,000
Public Record