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About This Home
This 5-bedroom, 5-bathroom residential multi family at 4316 E Olive Avenue in Fresno, CA is listed for $640,000 ($291 per sqft). Built in 1963, the home offers 2,200 sqft of living space on a 0.18 acres lot.
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.
Key Features
- Built in 1963
- 0.18 acre lot
Property Details
Monthly Cost Estimate
$3,423/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
4316 E Olive Avenue
Fresno, CA 93702
Features & Amenities
Exterior Features
Property Details
Parking
Questions & Answers
This 5-bedroom, 5-bathroom residential multi family at 4316 E Olive Avenue is listed at $640,000 ($291/sqft). The estimated monthly payment is $2,773 based on 20% down at 6.5% interest.
Key features include: Built in 1963, 0.18 acre lot. Exterior Features: Stucco.
This property is listed by Puneet Bhargava and can be reached at (209) 602-6147 or tpriest@homesmartpva.com.
