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$ 724,900
Est. payment /mo
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402 N Poplar AVE Fresno, CA 93701
8 Beds
6 Baths
3,402 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,402 sqft
Price per Sqft $213
MLS Listing ID 653938
Bedrooms 8
Full Baths 6
HOA Y/N No
Year Built 1979
Lot Size 6,250 Sqft
Property Sub-Type Quadruplex
Property 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.
Location
State CA
County Fresno
Interior
Cooling Central Heat/Cool
Fireplaces Type None
Exterior
Parking Features Carport
Utilities Available Public Utilities
Roof Type Composition
Building
Lot Description Urban
Story 2
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Schools
High Schools Fresno Unified
Listed by ERA Valley Wide Homes