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2025 E White Ave #5, Fresno, CA, 93701

--beds
--baths
4,500sqft
$910,000
$202price/sqft
$6,600/moest. monthly cost
$264,000/yrincome needed

About This Home

Exceptional opportunity to acquire a well-maintained 5-unit multifamily property in a desirable Fresno location. Each unit offers a spacious 3-bedroom, 1-bath layout with approximately 900 square feet, totaling 4,500 square feet of rentable spaceideal for attracting long-term tenants. The property has been recently remodeled and painted within the past three years, providing a low-maintenance, turnkey investment. All units are Section 8 friendly and currently leased through the Housing Authority, offering reliable, consistent rental income and reduced vacancy risk. Current gross rents total $8,648/month, with upside potential to $9,375/month based on existing rent caps. Annual gross income exceeds $103,000 with the potential to reach over $112,000and even higher as voucher limits continue to rise. Operating expenses are efficient, resulting in a strong Net Operating Income of approximately $72,996, with potential to increase to $81,720. Investors will benefit from immediate positive cash flow, with current monthly returns around $2,583 and projected upside to over $3,300/month. All five A rents are due to be increased in next 7 dash 8 months/ assuming rents will be increased by 7% The new rents will be$9061 Ideally located near Highway 180, shopping centers, schools, and dining, the property sits within a clean, well-maintained complex in a high-demand rental area. Highlights: Five 3 bed / 1 bath units (~900 SF each) Recently remodeled interiors and exterior updates Section 8 tenant base Strong in-place income with rental upside Low-maintenance investment Excellent access to major corridors and amenities Perfect for investors seeking income-producing asset with built-in growth potential in a steadily appreciating market.

Getting Around

73
WalkingVery Walkable
47
TransitSome Transit
80
BikeVery Bikeable

Schools

2/10
Tehipite Middle SchoolGrades 7-80.4 mi
3/10
Roosevelt High SchoolGrades 9-122.0 mi

Construction

Condition

  • Year built: 1970

Type & Style

  • Home type: MultiFamily
  • Property subType: Mixed Use

Interior

Appliances

  • Laundry features: Common Area

Cooling

  • Cooling features: Wall/Window Unit(s)

Features

  • Common walls with other units/homes: 2+ Common Walls

Interior Area

  • Total structure area: 4,500
  • Total interior livable area: 4,500 sqft

Property

Details

  • Parcel number: 45230313
  • Attached to another structure: Yes
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Entry location: front
  • Pool features: None

Lot

  • Lot size: 6,250 sqft
  • Features: 0-1 Unit/Acre

Parking

  • Total spaces: 5
  • Parking features: Carport
  • Covered spaces: 5
  • Carport: Yes
  • Carport spaces: 5