Turnkey Fourplex in
2432 S Sallee Visalia, CA 93277
2432 S Sallee, Visalia, CA, 93277
$800,000
For Sale
$800,000
MULTI_FAMILY - Visalia, CA
Property Size4,018 SF
Lot Size0.23 Acres
Price / SF$199.10
Days on Market101
Property Features for 2432 S Sallee
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 8
- Bathrooms
- 8
- Rooms
- Bedroom 3, Bedroom 7, Bathroom 2, Bathroom 3, Bedroom 4, Bedroom 5, Bathroom 6, Bedroom 1, Bathroom 4, Bathroom 8, Bedroom 2, Bedroom 6, Bathroom 7, Bedroom 8, Bathroom 1, Bathroom 5
- Parking features
- Covered, Carport
- Exterior features
- Stucco, Wood, Brick
- Standard status
- Active
- APN
- 121240005
- Size
- 4,018 SF
- Lot size
- 0.23 Acres
Building Details
- Year built
- 1974
- Floors in Building
- 2
- Number of units
- 4
- Roof type
- Shake
Listing Agency
Realty Concepts, Ltd. - Fresno
(559) 490-1500
575 E Alluvial Ste. 101, Fresno, CA
Listed by
Ryan Higton
(559) 490-1500
Added: Apr 8 Checked: Jul 17 at 5:06 am
MLS# 646714
Listing URL
Copyright © 2026 Fresno Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This is an opportunity to own a turnkey fourplex located in Visalia, California. The property has been renovated and is fully occupied with solid rental rates. The property size is 4018 square feet and the lot size is 0.2278 acres. This fourplex can be sold along with the fourplex just south of this property that is also for sale, offering a chance to build an investment portfolio.
Key Highlights
- Turnkey fourplex in the heart of Visalia with renovated, fully occupied units
- Year built: 1974
- Roof: shake roof
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $55.4k | $13.80 |
| − Vacancy | −$3.6k | −$0.89 |
| EGI | $51.9k | $12.91 |
| − OpEx | −$15.6k | −$3.87 |
| NOI | $36.3k | $9.04 |
4,018 SF · lease $13.80/SF/yr · vacancy 6.46% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$518.7K
$453.8K – $605.1K
NOI $36,307 @ 7.0% cap · market cap 4.54%
Second Best
Apartment 5plus
$476.7K
$417.1K – $556.1K
NOI $33,366 @ 7.0% cap · market cap 4.17%
Theoretical Best
Office A
$1.10M
$963.1K – $1.28M
NOI $77,049 @ 7.0% cap · market cap 9.63%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - Renovated fourplex with solid rental rates in Visalia, CA.
Where is this quadplex located?
The property is located at 2432 S Sallee Visalia, CA.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: Turnkey fourplex in the heart of Visalia with renovated, fully occupied units; Year built: 1974; Roof: shake roof
