$725,000

2311 E White Avenue, Fresno, CA 93701

8 beds |
4 baths |
3,304 sqft

Multi-Family Home
Built in 1979
7,501sqft lot
—— car garage
$219/sqft
Listed 1 month ago

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.

Listing Status:: Active
Data Last Updated:: April 3, 2026 at 12:20PM
Listing Office:: Iron Key Real Estate : 559-296-8044
Listing Agent:: Diego M. Hinojosa : 559-917-5453
MLS ID:: 644671

A/C: Central Heat/Cool
Heating:
Fireplace: None

Parking: Carport

Roofing: Composition
General: Wood SidingTwoConcrete Perimeter

Golf: Extra Storage
Originating MLS: Fresno MLS
School District: Fresno Unified
County: Fresno

Zoning: 45231321
Fencing: Fenced

Utilities: Public UtilitiesOn
Water: Public

Source: Fresno MLS

This listing courtesy of Diego M. Hinojosa , Iron Key Real Estate

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Yokomi Elementary School

2323 E McKenzie Ave, Fresno, CA, 93701

Grades PK-6

0.32 miles away

Tehipite Middle School

630 N Augusta St, Fresno, CA, 93701

Grades 7-8

0.24 miles away

J. E. Young Academic Center

822 N Abby St, Fresno, CA, 93701

Grades KG-12

0.35 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.