$1,550,000

1300 Marion Street, Kingsburg CA 631

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9 bd · 6.0 ba · 4,676 sqft · $331/sqft · 0.43 acres

Residential Income · Multi Family · Built 1916 · 167 days on Properkey

Description

6 Houses Investment Opportunity | Strong Kingsburg Rental Market | Value-Add UpsideRare opportunity to acquire a 6 unit income-producing portfolio across three contiguous downtown parcels totaling 18,750 sq ft in the highly desirable and supply-constrained Kingsburg rental market. 5 single family homes plus an apartment o 3 separate lots. This unique offering includes a mix of single-family homes and an apartment unit, all fully rented with strong in-place income and excellent upside potential.Total Current Monthly Income: $8,450 | Annual: $101,400 Breakdown of rents upon requestHomes have been tastefully updated, enhancing tenant appeal and minimizing near-term capital expenses, while one unit remains largely original offering an additional value-add opportunity for increased rents.Property Highlights3 separate legal lots (flexibility for future sale or development)18,750 sq ft total lot size - unusually large for this areaR2 zoning - potential for additional units or expansion (buyer to verify)Majority of units have been partially remodeledExcellent tenant appeal with a mix of 1 and 2 bedroom unitsAlso includes garages, mini cold storage and 2 basements.Prime Location Ideally located across from churches and a park, providing a desirable setting for tenants. Kingsburg continues to be a strong rental market with consistent demand.Why This Property Stands OutMultiple parcels = flexibility + future exit strategiesLarge lot size = development potentialBelow-market rents = built-in equity growthSolid tenant demand areaKingsburg continues to experience strong rental demand with limited inventory, and current rents are believed to be below market, providing a clear path for future income growth and improved returns.The property spans three separate APNs and has historically functioned as a cohesive multi-unit investment.All parcels to be sold together. Opportunities like this are rarescale, location, zoning, and upside all in one package. Whether you're looking to increase cash flow, add units, or hold for appreciation, this property checks every box.Buyer to verify all information, including lot lines, boundary conditions, and any potential non-conforming improvements.

Agent & source

Listed by
Kelly Bennett
Brokerage
Kelly Bennett, Broker
DRE
#01042846
MLS # 648303 Source FRESNO

Property details

Rooms & Layout

Levels
One
Bedrooms
9
Bathrooms
6.0 (6 full)

Property Features

Lot features
  • Suburban
  • Sprinklers In Front
  • Sprinklers In Rear
  • Sprinkler - Auto
  • Mature Landcsape

Building & Construction

Construction Materials
Stucco, Wood Siding, Other
Roof
Composition
Foundation
Concrete Perimeter, Wood Subfloor

Exterior & Parking

Parking
2-car garage, Carport, Open parking, Carport, Covered, Open

Interior & Comfort

Heating
Central
Cooling
Central Heat/Cool, Central Air, Wall/Window Unit(s)

Utilities

Water Source
Public
Sewer
Public Sewer
Electric
On
Public Utilities, Natural Gas Connected

Nearby

Active Pending Closed Rental
High
Kingsburg Schools District

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