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$ 709,000
Est. payment /mo
Price Dropped by $16K
2311 E White AVE Fresno, CA 93701
8 Beds
4 Baths
3,304 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,304 sqft
Price per Sqft $214
MLS Listing ID 644671
Bedrooms 8
Full Baths 4
HOA Y/N No
Year Built 1979
Lot Size 7,501 Sqft
Property Sub-Type Quadruplex
Property Description
Turnkey 4-Unit Multifamily Investment Property in 93701 Near Downtown Fresno and Tower District. This fully occupied 4-plex consists of four 2-bedroom, 1-bath units. Three of the four units were recently renovated with modern wood-style flooring, fresh interior paint, updated lighting, hardware, and refreshed kitchen finishes, including a subway tile backsplash and new granite counters. The exterior has been recently painted with new fascia, offering strong curb appeal and reduced deferred maintenance. The property shows clean and well maintained.All units are tenant occupied on month-to-month agreements providing immediate cash flow and operational flexibility. One unit is currently below market rent, offering built-in rental upside under current California rent guidelines.Located in the 93701 zip code, it is in close proximity to Downtown Fresno redevelopment, the Fulton Street corridor, the courthouse district, and minutes from the Tower District. This area continues to see public and private investment supporting long-term rental demand and appreciation potential.Additional income opportunity available through the unfinished downstairs laundry/storage area. Ideal for 1031 exchange buyers or investors seeking a stabilized multifamily asset with recent improvements and strong in-place income. Perfect opportunity for a 6% cap rate, income producing rental.
Location
State CA
County Fresno
Interior
Cooling Central Heat/Cool
Fireplaces Type None
Exterior
Parking Features Carport
Fence Fenced
Community Features Extra Storage
Utilities Available Public Utilities
Roof Type Composition
Building
Lot Description Urban
Story 2
Foundation Concrete Perimeter
Water Public
Schools
High Schools Fresno Unified

Listed by Iron Key Real Estate






