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Listed price in listed location currency (USD).
$799,900

1200

MLS® 649048

Overview

Key Facts

Type Multi Family
Levels Residential Income
Size 4680 sqft
Garage 
Taxes 
Days Active 0
Lot Size 
Approx. Age 1971
Avg. Price Per Sqft $170
MLS® Number 649048

Property Address: 446 N Maple Avenue, Fresno, CA, 93702

Average square foot calculated using Size range provided by listing agent.

Description

This property is being offered concurrently with 190 N Van Ness Ave, Fresno, CA 93701, a multi-tenant office building. The office building must be sold first or must close concurrently with the sale of 446 N Maple Ave. Rare opportunity to acquire a fully-occupied six-unit multifamily property in Fresno with an immediate 6.77% day-one cap rate based on current scheduled rents and proforma operating expenses. 446 N. Maple Avenue delivers stabilized cash flow from day one, a return profile increasingly difficult to source in California today. All six units are currently leased, generating $7, 150 per month ($85, 800 annualized) in scheduled gross rent. Significant upside remains for the next owner. In-place rents range from $1, 095 to $1, 300 per unit, leaving room for measured organic growth. Fresno continues to benefit from steady population growth, expanding healthcare and agricultural employment, and persistent rental demand driven by California's broader affordability gap. The Central Valley remains one of the few California submarkets where investors can still acquire stabilized multifamily assets at yields approaching 7%. 446 N. Maple is an ideal acquisition for 1031 exchange buyers, private investors seeking turnkey cash flow, or operators looking for a value-add platform with built-in MTM rent upside. Financials, rent roll, and additional due diligence materials available upon request.
MLS® Number649048
Laundry Level
Central VacNo
FireplaceYes
Acreage
Exterior
Garage
Approx. Age1971
Basement
DrivewayCarport
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

May 19, 2026List Date
$799,900List Price

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