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About This Home
This 11-bedroom, 6-bathroom residential multi family at 2452 S 9Th Street in Fresno, CA is listed for $825,000 ($207 per sqft). Built in 1963, the home offers 3,976 sqft of living space on a 0.22 acres lot.
SixUnit Multifamily Investment Opportunity. Stabilized Income, Upgrades, and Strong Upside. Introducing a wellmaintained turnkey, sixunit multifamily property featuring recent capital improvements, and strong inplace rents. The property has benefited from ongoing ownership care, including brand new Roof, new exterior & interior paint, new fencing, and a new water heater in the shared laundry room.
All units are equipped with A/C units less than one year old, enhancing tenant comfort and reducing future maintenance exposure. Total Annual Rent - $96,576.00. Unit Mix & Interior Condition A: $1,280 | 1 Bed / 1 Bath Only 1-bedroom unit on site, Upgraded bathroom and flooring, New stove and fresh interior paint.
B: $1,200 | 2 Bed / 1 Bath New flooring and upgraded bathroom, Fully remodeled kitchen with new cabinets, granite counters, and new stove. C: $1,418 | 2 Bed / 1 Bath New flooring and upgraded bathroom, New 4door refrigerator. D: $1,400 | 2 Bed / 1 Bath New flooring and upgraded bathroom, New granite counters.
E: $1,250 | 2 Bed / 1 Bath New flooring and upgraded bathroom, New stove. F: $1,500 | 2 Bed / 1 Bath Fully renovated unit, New kitchen, new bath, new flooring, New refrigerator, stove, and water heater. Investment Highlights: Stabilized tenancy with a mix of longterm leases and MTM flexibility.
Recent capital improvements reduce nearterm CapEx exposure. Attractive 2bedroom units, high demand in rental markets. Demonstrated rent growth across upgraded units. Clear valueadd path through continued interior modernization. Low operating expenses and efficient property layout.
This asset is ideal for investors seeking a clean, incomeproducing property with both stability and upside potential. With multiple units already upgraded and strong rental performance across the board, the next owner can step into a wellpositioned building with room to push rents further through strategic improvements. 3940 E Burns Avenue Fresno CA 93725 - 8 Units, also for Sale next door $1,175,000.00
Key Features
- Built in 1963
- 0.22 acre lot
- 2 stories
Property Details
Monthly Cost Estimate
$4,412/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
2452 S 9Th Street
Fresno, CA 93725
Features & Amenities
Exterior Features
Property Details
Parking
Questions & Answers
This 11-bedroom, 6-bathroom residential multi family at 2452 S 9Th Street is listed at $825,000 ($207/sqft). The estimated monthly payment is $3,575 based on 20% down at 6.5% interest.
Key features include: Built in 1963, 0.22 acre lot, 2 stories. Exterior Features: Stucco, Stone.
This property is listed by Gautam Atri and can be reached at (559) 285-4841 or kyle@universalrealty.org.