446 N Maple Avenue, Fresno, CA 93702

• 12 beds |
• 6 baths |
• 4,680 sqft

Property Description

This property is being offered concurrently with 190 N Van Ness Ave, Fresno, CA 93701, a multi-tenant office building. The office building must be sold first or must close concurrently with the sale of 446 N Maple Ave. Rare opportunity to acquire a fully-occupied six-unit multifamily property in Fresno with an immediate 6.77% day-one cap rate based on current scheduled rents and proforma operating expenses. 446 N. Maple Avenue delivers stabilized cash flow from day one, a return profile increasingly difficult to source in California today. All six units are currently leased, generating $7,150 per month ($85,800 annualized) in scheduled gross rent. Significant upside remains for the next owner. In-place rents range from $1,095 to $1,300 per unit, leaving room for measured organic growth. Fresno continues to benefit from steady population growth, expanding healthcare and agricultural employment, and persistent rental demand driven by California's broader affordability gap. The Central Valley remains one of the few California submarkets where investors can still acquire stabilized multifamily assets at yields approaching 7%. 446 N. Maple is an ideal acquisition for 1031 exchange buyers, private investors seeking turnkey cash flow, or operators looking for a value-add platform with built-in MTM rent upside. Financials, rent roll, and additional due diligence materials available upon request.

Listing Status:

Active

Data Last Updated:

May 20, 2026 at 4:20AM

Listing Office:

The JKRE Investment Group : 559-212-4489

Listing Agent:

Jin Kim : 559-212-4489

MLS ID:

649048

Interior

• A/C: Wall/Window Unit(s)
• Heating: Floor or Wall Heat
• Fireplace: None

Exterior

• Parking: Carport

Construction

• Roofing: WoodComposition
• General: StuccoTwoConcrete Perimeter

Location

• Originating MLS: Fresno MLS
• School District: Fresno Unified
• County: Fresno

Lot

• Zoning: 46008116

Utilities

• Utilities: Public UtilitiesOn
• Water: Public

Financial

• Source: Fresno MLS