# 3940 E Burns Avenue, Fresno, CA 93725 > **TL;DR:** 16bd/8ba residential multi family, $1,175,000 ($218/sqft), built 1963, 5,400 sqft. Est. $6,284/mo. Listed 163 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $1,175,000 | | Price/sqft | $218 | | Bedrooms | 16 | | Bathrooms | 8 full | | Square Feet | 5,400 | | Year Built | 1963 | | Lot Size | 12,759 sqft (0.29 acres) | | Stories | 2 | | Property Type | Residential Multi Family (Other) | | Status | Active | | Days on Market | 163 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $5,941 | | Estimated Insurance | $343 | | **Total** | **$6,284** | ## Property Highlights - Built in 1963 - 0.29 acre lot - 2 stories ## Description ### Agent Description Eight Unit Multifamily Investment Opportunity. Great Income, Modern Upgrades, Strong Rental Demand, Brand New Roof, Brand New Paint, newer AC units.This 8 unit multifamily asset offers a full 2 Bedroom, 1 Bath configuration, a consistently high demand layout in the Fresno rental market. Every residence has received new interior paint within the last year, creating a clean and uniform presentation across the property. The building reflects ongoing ownership care, with a mix of upgraded interiors, modernized kitchens and baths, and strong in place rents. This is a stabilized, income producing asset with clear upside through continued modernization of legacy units.Unit Mix and Interior Condition:Unit 1: $1,400. Fresh interior paint, new floors.Unit 2: $1,050. New flooring. Clean interior profile.Unit 3: $1,200. New flooring. Fully remodeled kitchen with granite and new cabinets. New bathroom.Unit 4: $1,175. New bathroom. New flooring. New stove.Unit 5: $1,250. Full renovation completed one year ago. Modern kitchen, bath, flooring, and finishes.Unit 6: $1,541. New windows. New paint. New stove. (Hosing Voucher)Second Building (Units 7 and 8):Unit 7: $1,090. Unit 8: $1,025. New bathroom. New kitchen with cabinets, granite, and stove. New flooring and new paint.Financial Summary:Total Monthly Income: $9,731.00Total Annual Income: $116,772Operating Expenses (Annual):Insurance: $4,700Water and Sewer: $3,000Trash: $2,800Electric and Gas (Common): $900Garden Care: $600Pest Control: $600Investment Highlights:Brand new Roof.Brand new outdoor paint.All units are 2 bed and 1 bath, the strongest rental configuration in this submarket.Uniform interior paint across all eight units within the last year.Multiple upgraded interiors with new kitchens, granite counters, cabinets, flooring, and bathrooms.Stabilized rent roll with strong in place income.Clear value add runway through modernization of legacy units.This 8 unit asset is ideal for investors seeking an income producing property with a balanced mix of renovated units and value add potential. There is room for improvements in the rents. ## Location - **Address:** 3940 E Burns Avenue, Fresno, CA 93725 - **County:** Fresno - **Coordinates:** 36.711916, -119.758179 - **Google Maps:** https://www.google.com/maps?q=36.711916,-119.758179 ## Listing Agent - **Name:** Gautam Atri - **Brokerage:** Universal Realty Services, Inc. - **Phone:** (559) 285-4841 - **Broker Phone:** (559) 285-4841 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/3940-E-Burns-Ave_Fresno_CA_93725_M27718-01782?f=listhub&s=FARCA&m=647009&c=propsimple) ## Photos ![3940 E Burns Avenue - Photo 1](http://lh.rdcpix.com/6fb98081566d921953c18112060e9180l-f1664671441r.jpg) ![3940 E Burns Avenue - Photo 2](http://lh.rdcpix.com/6fb98081566d921953c18112060e9180l-f2777818408r.jpg) ![3940 E Burns Avenue - Photo 3](http://lh.rdcpix.com/6fb98081566d921953c18112060e9180l-f2556026122r.jpg) ![3940 E Burns Avenue - Photo 4](http://lh.rdcpix.com/6fb98081566d921953c18112060e9180l-f3104538932r.jpg) ![3940 E Burns Avenue - Photo 5](http://lh.rdcpix.com/6fb98081566d921953c18112060e9180l-f423316448r.jpg) ![3940 E Burns Avenue - Photo 6](http://lh.rdcpix.com/6fb98081566d921953c18112060e9180l-f3219917983r.jpg) ![3940 E Burns Avenue - Photo 7](http://lh.rdcpix.com/6fb98081566d921953c18112060e9180l-f2880790821r.jpg) ![3940 E Burns Avenue - Photo 8](http://lh.rdcpix.com/6fb98081566d921953c18112060e9180l-f2707586929r.jpg) ![3940 E Burns Avenue - Photo 9](http://lh.rdcpix.com/6fb98081566d921953c18112060e9180l-f1310074905r.jpg) ![3940 E Burns Avenue - Photo 10](http://lh.rdcpix.com/6fb98081566d921953c18112060e9180l-f447539087r.jpg) ![3940 E Burns Avenue - Photo 11](http://lh.rdcpix.com/6fb98081566d921953c18112060e9180l-f3822643735r.jpg) ![3940 E Burns Avenue - Photo 12](http://lh.rdcpix.com/6fb98081566d921953c18112060e9180l-f3182545243r.jpg) ![3940 E Burns Avenue - Photo 13](http://lh.rdcpix.com/6fb98081566d921953c18112060e9180l-f1750509368r.jpg) ![3940 E Burns Avenue - Photo 14](http://lh.rdcpix.com/6fb98081566d921953c18112060e9180l-f2004060685r.jpg) ![3940 E Burns Avenue - Photo 15](http://lh.rdcpix.com/6fb98081566d921953c18112060e9180l-f4042631405r.jpg) ![3940 E Burns Avenue - Photo 16](http://lh.rdcpix.com/6fb98081566d921953c18112060e9180l-f3538682572r.jpg) ![3940 E Burns Avenue - Photo 17](http://lh.rdcpix.com/6fb98081566d921953c18112060e9180l-f1735696213r.jpg) ![3940 E Burns Avenue - Photo 18](http://lh.rdcpix.com/6fb98081566d921953c18112060e9180l-f3116201108r.jpg) ![3940 E Burns Avenue - Photo 19](http://lh.rdcpix.com/6fb98081566d921953c18112060e9180l-f3223521178r.jpg) ![3940 E Burns Avenue - Photo 20](http://lh.rdcpix.com/6fb98081566d921953c18112060e9180l-f2045217908r.jpg) ![3940 E Burns Avenue - Photo 21](http://lh.rdcpix.com/6fb98081566d921953c18112060e9180l-f943024806r.jpg) ![3940 E Burns Avenue - Photo 22](http://lh.rdcpix.com/6fb98081566d921953c18112060e9180l-f3042567167r.jpg) ![3940 E Burns Avenue - Photo 23](http://lh.rdcpix.com/6fb98081566d921953c18112060e9180l-f775741765r.jpg) ![3940 E Burns Avenue - Photo 24](http://lh.rdcpix.com/6fb98081566d921953c18112060e9180l-f2371349598r.jpg) ![3940 E Burns Avenue - Photo 25](http://lh.rdcpix.com/6fb98081566d921953c18112060e9180l-f4121261603r.jpg) ![3940 E Burns Avenue - Photo 26](http://lh.rdcpix.com/6fb98081566d921953c18112060e9180l-f2270093426r.jpg) ![3940 E Burns Avenue - Photo 27](http://lh.rdcpix.com/6fb98081566d921953c18112060e9180l-f2331915008r.jpg) ![3940 E Burns Avenue - Photo 28](http://lh.rdcpix.com/6fb98081566d921953c18112060e9180l-f816396728r.jpg) ![3940 E Burns Avenue - Photo 29](http://lh.rdcpix.com/6fb98081566d921953c18112060e9180l-f595766938r.jpg) ![3940 E Burns Avenue - Photo 30](http://lh.rdcpix.com/6fb98081566d921953c18112060e9180l-f10273275r.jpg) ![3940 E Burns Avenue - Photo 31](http://lh.rdcpix.com/6fb98081566d921953c18112060e9180l-f2811421616r.jpg) ![3940 E Burns Avenue - Photo 32](http://lh.rdcpix.com/6fb98081566d921953c18112060e9180l-f3318066626r.jpg) ![3940 E Burns Avenue - Photo 33](http://lh.rdcpix.com/6fb98081566d921953c18112060e9180l-f2534960153r.jpg) ![3940 E Burns Avenue - Photo 34](http://lh.rdcpix.com/6fb98081566d921953c18112060e9180l-f108009890r.jpg) ![3940 E Burns Avenue - Photo 35](http://lh.rdcpix.com/6fb98081566d921953c18112060e9180l-f2572282096r.jpg) ![3940 E Burns Avenue - Photo 36](http://lh.rdcpix.com/6fb98081566d921953c18112060e9180l-f538386656r.jpg) ![3940 E Burns Avenue - Photo 37](http://lh.rdcpix.com/6fb98081566d921953c18112060e9180l-f23542959r.jpg) ![3940 E Burns Avenue - Photo 38](http://lh.rdcpix.com/6fb98081566d921953c18112060e9180l-f3177321873r.jpg) ![3940 E Burns Avenue - Photo 39](http://lh.rdcpix.com/6fb98081566d921953c18112060e9180l-f2989123007r.jpg) --- **MLS#:** 647009 | **Updated:** 2026-09-21 **Source:** listhub *Copyright © 2026 Fresno Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://www.propertysimple.ai/listing/3940-e-burns-avenue-fresno-ca-93725-a647009) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/3940-e-burns-avenue-fresno-ca-93725-a647009#listing", "url": "https://www.propertysimple.ai/listing/3940-e-burns-avenue-fresno-ca-93725-a647009", "name": "3940 E Burns Avenue, Fresno, CA 93725", "description": "Eight Unit Multifamily Investment Opportunity. Great Income, Modern Upgrades, Strong Rental Demand, Brand New Roof, Brand New Paint, newer AC units.This 8 unit multifamily asset offers a full 2 Bedroom, 1 Bath configuration, a consistently high demand layout in the Fresno rental market. Every residence has received new interior paint within the last year, creating a clean and uniform presentation across the property. The building reflects ongoing ownership care, with a mix of upgraded interiors, modernized kitchens and baths, and strong in place rents. This is a stabilized, income producing asset with clear upside through continued modernization of legacy units.Unit Mix and Interior Condition:Unit 1: $1,400. Fresh interior paint, new floors.Unit 2: $1,050. New flooring. Clean interior profile.Unit 3: $1,200. New flooring. Fully remodeled kitchen with granite and new cabinets. New bathroom.Unit 4: $1,175. New bathroom. New flooring. New stove.Unit 5: $1,250. Full renovation completed one year ago. Modern kitchen, bath, flooring, and finishes.Unit 6: $1,541. New windows. New paint. New stove. (Hosing Voucher)Second Building (Units 7 and 8):Unit 7: $1,090. Unit 8: $1,025. New bathroom. New kitchen with cabinets, granite, and stove. New flooring and new paint.Financial Summary:Total Monthly Income: $9,731.00Total Annual Income: $116,772Operating Expenses (Annual):Insurance: $4,700Water and Sewer: $3,000Trash: $2,800Electric and Gas (Common): $900Garden Care: $600Pest Control: $600Investment Highlights:Brand new Roof.Brand new outdoor paint.All units are 2 bed and 1 bath, the strongest rental configuration in this submarket.Uniform interior paint across all eight units within the last year.Multiple upgraded interiors with new kitchens, granite counters, cabinets, flooring, and bathrooms.Stabilized rent roll with strong in place income.Clear value add runway through modernization of legacy units.This 8 unit asset is ideal for investors seeking an income producing property with a balanced mix of renovated units and value add potential. 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"provider": { "@type": "Person", "@id": "https://www.propertysimple.ai/listing/3940-e-burns-avenue-fresno-ca-93725-a647009#agent", "name": "Gautam Atri", "telephone": "(559) 285-4841", "worksFor": { "@type": "Organization", "@id": "https://www.propertysimple.ai/listing/3940-e-burns-avenue-fresno-ca-93725-a647009#brokerage", "name": "Universal Realty Services, Inc.", "telephone": "(559) 285-4841" } } } ```