4781 N Polk AVE #117 new Save Request In-Person Tour Request Virtual Tour
Fresno,CA 93722
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
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