2025 E White #5, Fresno, CA 93701
Local realty services provided by:Better Homes and Gardens Real Estate Oak Valley
2025 E White #5,Fresno, CA 93701
$860,000
- - Beds
- - Baths
- 4,500 sq. ft.
- Multi-family
- Active
Listed by: sumanjeet singh
Office: homesmart pv & associates559-473-2555
MLS#:FR26198688
Source:CRMLS
Price summary
- Price:$860,000
- Price per sq. ft.:$191.11
About this home
Exceptional opportunity to acquire a well-maintained 5-unit multifamily property in a desirable Fresno location. Each unit offers a spacious 3-bedroom, 1-bath layout with approximately 900 square feet, totaling 4,500 square feet of rentable spaceideal for attracting long-term tenants.
The property has been recently remodeled and painted within the past three years, providing a low-maintenance, turnkey investment. All units are Section 8 friendly and currently leased through the Housing Authority, offering reliable, consistent rental income and reduced vacancy risk.
Current gross rents total $8,648/month, with upside potential to $9,375/month based on existing rent caps. Annual gross income exceeds $103,000 with the potential to reach over $112,000and even higher as voucher limits continue to rise.
Operating expenses are efficient, resulting in a strong Net Operating Income of approximately $72,996, with potential to increase to $81,720. Investors will benefit from immediate positive cash flow, with current monthly returns around $2,583 and projected upside to over $3,300/month. All five A rents are due to be increased in next 7 dash 8 months/ assuming rents will be increased by 7% The new rents will be$9061
Ideally located near Highway 180, shopping centers, schools, and dining, the property sits within a clean, well-maintained complex in a high-demand rental area.
Highlights:
Five 3 bed / 1 bath units (~900 SF each)
Recently remodeled interiors and exterior updates
Section 8 tenant base
Strong in-place income with rental upside
Low-maintenance investment
Excellent access to major corridors and amenities
Perfect for investors seeking income-producing asset with built-in growth potential in a steadily appreciating market....
Contact an agent
Home facts
- Year built:1970
- Listing ID #:FR26198688
- Added:49 day(s) ago
- Updated:October 30, 2026 at 12:10 PM
Rooms and interior
- Living area:4,500 sq. ft.
Heating and cooling
- Cooling:Wall Window Units
Structure and exterior
- Year built:1970
- Building area:4,500 sq. ft.
- Lot area:0.14 Acres
- Levels:2 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$860,000
- Price per sq. ft.:$191.11
Parking
- Total parking spaces:5
- Parking description:5 Carport Space(s)
- Carport spaces:5
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