2025 E White Avenue, Fresno, CA 93701
- 15 beds |
- 5 baths |
- 4,500 sqft
Multi-Family Home
Built in 1970
6,251sqft lot
—— car garage
$202/sqft
Listed 1 month ago
Property Description
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!
- Listing Status:
- Pending
- Data Last Updated:
- May 22, 2026 at 4:20AM
- Listing Office:
- HomeSmart PV and Associates : 559-473-2555
- Listing Agent:
- Puneet Bhargava : 559-274-7025
- MLS ID:
- 647446
- A/C: Wall/Window Unit(s)
- Fireplace: None
- Parking: Carport
- Roofing: Composition
- General: StuccoTwoConcrete Perimeter
- Golf: Utility Room
- Originating MLS: Fresno MLS
- School District: Fresno Unified
- County: Fresno
- Zoning: 45230313
- Utilities: Public UtilitiesNatural Gas ConnectedOn
- Water: Public
- Sewer: Public Sewer
- Source: Fresno MLS
This listing courtesy of Puneet Bhargava , HomeSmart PV and Associates
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
