2025 E White Avenue, Fresno, CA 93701
Local realty services provided by:Better Homes and Gardens Real Estate GoldLeaf
2025 E White Avenue,Fresno, CA 93701
$890,000
- 15 Beds
- - Baths
- 4,500 sq. ft.
- Multi-family
- Active
Listed by: puneet bhargava
Office: homesmart pv and associates
MLS#:647446
Source:CA_FMLS
Price summary
- Price:$890,000
- Price per sq. ft.:$197.78
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$9061Ideally 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 updatesSection 8 tenant baseStrong in-place income with rental upsideLow-maintenance investmentExcellent access to major corridors and amenitiesPerfect for investors seeking income-producing asset with built-in growth potential in a steadily appreciating market.Don't miss this rare opportunityschedule your private tour today!...
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Home facts
- Year built:1970
- Listing ID #:647446
- Added:66 day(s) ago
- Updated:June 25, 2026 at 04:37 PM
Rooms and interior
- Bedrooms:15
- Living area:4,500 sq. ft.
Heating and cooling
- Cooling:Wall/Window Unit(s)
Structure and exterior
- Roof:Composition
- Year built:1970
- Building area:4,500 sq. ft.
- Construction Materials:Stucco
- Foundation Description:Concrete Perimeter
- Levels:2 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$890,000
- Price per sq. ft.:$197.78
Parking
- Parking description:Carport
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