For Sale
Property Photo

$640,000

For Sale

4316 E Olive Ave, Fresno, CA 93702

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Property Highlights

Residential Income

Property Type

Multi Family

Sub Type

1963

Year Built

2,200

Sq Ft

5

Bedrooms

5.0

Bathrooms

100

Days On Properkey

0.18

Lot (acres)

648966

MLS #

FRESNO

MLS Source

Description

Central Fresno 5-Plex Investment OpportunityExcellent 5-unit multifamily property located in Central Fresno featuring five 1-bedroom, 1-bath units. This well-maintained income property offers strong cash flow with all units currently rented. Four of the five units are occupied by Section 8 tenants, providing reliable rental income.Rental IncomeUnit A: $1,116/monthUnit B: $1,232/monthUnit C: $1,157/monthUnit D: $1,182/monthUnit E: $1,315/monthTotal Gross Monthly Rent: $6,052Total Annual Gross Rent: $72,624Property HighlightsFive 1-bedroom, 1-bath units100% occupiedStrong cash flow investment opportunityFive covered carportsConvenient Central Fresno locationClose to grocery stores, gas stations, shopping, and freeway accessThis property is an excellent opportunity for investors seeking rental income and long-term growth potential in a desirable rental market.

Listed by Puneet Bhargava • DRE #01859500 • HomeSmart PV and Associates

Contact: [email protected]

MLS #: 648966
Source: FRESNO

Property Features

Lot Features: Urban

Building & Construction

Construction Materials
Stucco
Roof
Rolled/Hot Mop
Foundation
Concrete Perimeter

Interior & Comfort

Heating
Floor or Wall Heat
Cooling
Evaporative Cooling, Wall/Window Unit(s)
Fireplace
None

Utilities

Nearby

Active Pending Closed Rental

High School

Fresno Unified District

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  3. 3.Finalize your offer. Your agent will prepare your offer and negotiate on your behalf.