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Sold on Sep 20, 2021 for $510,000

974 N Lafayette Ave, Fresno, CA 93728-2551

Property Highlights

Residential Income

Property Type

Quadruplex

Sub Type

1979

Year Built

3,408

Sq Ft

8

Bedrooms

4

Bathrooms

N/A

Days On Properkey

0.39

Lot (acres)

221603238

MLS #

METROLIST

MLS Source

Description

Great Investment Opportunity! High cash flow quadruplex with serious investment returns! This newly remodeled, turnkey apartment complex is fully occupied with strong monthly rents. It features a brand-new Title 24 cool roof, new Pro Series argon/double pane Low E windows, new siding with R-13 insulation, new high quality Sherwin William 93% reflective exterior paint and high quality, long lasting security fencing. The interiors have been remodeled with updated flooring, coving, kitchens, and low flow bathrooms. Tenants appreciate the privacy fencing, security screens, LED exterior security lighting, laundry room and the automated security gate. There is the potential to build an additional 3 units on the large lot. The property has ultralow monthly expenses with a high return on asset currently exceeding a 7.5% Cap Rate. The septic and private water have been well maintained, inspected and certified. Drive by and make your best offer today.

Listed by Non-MLS Member • eXp Realty of California Inc.

MLS #: 221603238 •
Source: MetroList Services

Building & Construction

Construction Materials
Wood
Roof
Composition
Foundation
Concrete Perimeter

Interior & Comfort

Heating
Central, Central
Cooling
Central, Central

Utilities

Nearby

Active Pending Closed Rental

Elementary School

Fresno Unified District

Middle School

Fresno Unified District

High School

Fresno Unified District

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Such information and material should be independently reviewed and verified for accuracy. This information and material are intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data last updated: August 31, 2026 5:33 AM PT
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