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$ 550,000
Est. payment /mo
New
4781 N Polk AVE #117 Fresno, CA 93722
8 Beds
6 Baths
3,102 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,102 sqft
Price per Sqft $177
MLS Listing ID 631756
Bedrooms 8
Full Baths 6
HOA Y/N No
Year Built 1993
Lot Size 5,458 Sqft
Property Sub-Type Triplex
Property Description
Triplex investment opportunity in Fresno with strong rental income potential and recent upgrades. 4781 N Polk Ave #116-118 is the only triplex currently on the market featuring two spacious 3-bedroom, 2.5-bathroom units. The property offers 3,102 sq ft of total living space and is located in a gated HOA community within the Central Unified School District. Unit 116 is a 3-bedroom, 2.5-bath currently vacant and ready to rent at market rate. Unit 117 is a 2-bedroom, 1.5-bath rented for $1,700 per month. Unit 118 is a 3-bedroom, 2.5-bath rented for $1,690 per month by a long-term tenant on a month-to-month lease. Each unit includes a detached 1-car garage and an assigned parking space. Per Fresno Housing Authority standards, estimated market rents are $2,280 for 3-bedroom units and $1,620 for a 2-bedroom unit. Recent upgrades include brand new A/C systems installed in two units in 2023, new flooring in portions of Units 116 and 117, and ongoing maintenance and updates throughout.The property is professionally managed, with a monthly HOA fee of $800 covering water, garbage, exterior maintenance, and common area upkeepkeeping ownership costs low. This is a rare chance to own a well-maintained income property in a quiet, desirable Fresno community. Ideal for investors or owner-occupants looking to live in one unit and rent out the others.
Location
State CA
County Fresno
Interior
Cooling Central Heat/Cool
Fireplaces Type None
Laundry In Unit
Exterior
Parking Features Garage, Open
Garage Spaces 1.0
Community Features Basketball Court
Utilities Available Public Utilities
Roof Type Composition
Building
Lot Description Suburban
Story 2
Foundation Concrete Perimeter
Sewer On
Water Public
Schools
High Schools Central Unified
Listed by LPT Realty, Inc
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