$724,900

402 N Poplar Ave, Fresno, CA 93701

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8 bd · 6.0 ba · 3,402 sqft · $213/sqft · 0.14 acres

Residential Income · Quadruplex · Built 1979 · 53 days on Properkey

Description

Fully Leased Fourplex Investment opportunity in the heart of Central Fresno. This well-maintained property features four spacious townhome-style units, each offering 2 bedrooms and 1.5 bathroomsa desirable floor plan that supports strong tenant demand and long-term rental stability.The property underwent extensive renovations in 2016, with additional structural improvements completed in 2023, resulting in a clean, updated, and low-maintenance multifamily asset. Pride of ownership is evident throughout.All four units are currently rented at $1,400 per month, providing a total scheduled gross rental income of $5,600 per month, or $67,200 annually.Additional highlights include gated access serving Units 102 through 104 and an on-site laundry facility that provides added tenant convenience while generating supplemental income.Whether you're looking to expand your rental portfolio or acquire a manageable multifamily investment with established income in place, 402 N Poplar Ave offers an excellent opportunity for immediate cash flow and long-term appreciation.

Agent & source

Listed by
Craig Barton
Brokerage
ERA Valley Wide Homes
DRE
#01228460
MLS # 653938 Source FRESNO

Property details

Rooms & Layout

Levels
Two
Bedrooms
8
Bathrooms
6.0 (6 full)

Property Features

Lot features
Urban

Building & Construction

Construction Materials
Wood Siding
Roof
Composition
Foundation
Concrete Perimeter

Exterior & Parking

Parking
Carport, Carport

Interior & Comfort

Heating
Yes
Cooling
Central Heat/Cool

Utilities

Water Source
Public
Sewer
Public Sewer
Electric
On
Public Utilities

Nearby

Active Pending Closed Rental
High
Fresno Unified District

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