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Listed price in listed location currency (USD).
$910,000

1550

MLS® FR26096495

  • Key Facts
  • Description
  • Map

Key Facts

Type Condominium
Levels Residential
Size 4500 sqft
Garage 
HOA Fees 
Taxes 
Days Active 0
Approx. Age 1970
Avg. Price Per Sqft $202
MLS® Number FR26096495

Property Address: 2025 E White, Fresno, CA, 93701

Average square foot calculated using Size range provided by listing agent.

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$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.
MLS® NumberFR26096495
Locker
Ensuite Laundry
Balcony
Furnished
Laundry Level
Exposure
Exterior
Garage
Approx. Age1970
Stories2
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

May 4, 2026List Date
$910,000List Price
  • Commute

Commute

Starting Address
Destination Address
2025 E White, Fresno, CA

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