Turnkey Visalia Fourplex
2440 S Sallee Visalia, CA 93277
2440 S Sallee, Visalia, CA, 93277
$800,000
For Sale
$800,000
MULTI_FAMILY - Visalia, CA
Property Size4,138 SF
Lot Size0.24 Acres
Price / SF$193.33
Days on Market100
Property Features for 2440 S Sallee
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 8
- Bathrooms
- 8
- Rooms
- Bathroom 2, Bedroom 5, Bathroom 7, Bathroom 4, Bathroom 3, Bedroom 4, Bathroom 5, Bedroom 7, Bedroom 3, Bedroom 6, Bedroom 1, Bedroom 8, Bathroom 6, Bathroom 1, Bathroom 8, Bedroom 2
- Parking features
- Carport
- Exterior features
- Stucco, Wood
- Standard status
- Active
- APN
- 121240006
- Size
- 4,138 SF
- Lot size
- 0.24 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 9 Checked: Jul 17 at 5:06 am
MLS# 646731
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. The property has been renovated and has solid rental rates. The property has a size of 4138 square feet and sits on a lot of 0.2437 acres.
Key Highlights
- Fourplex with year built 1974
- Stucco and wood exterior
- 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 | $57.1k | $13.80 |
| − Vacancy | −$3.7k | −$0.89 |
| EGI | $53.4k | $12.91 |
| − OpEx | −$16.0k | −$3.87 |
| NOI | $37.4k | $9.04 |
4,138 SF · lease $13.80/SF/yr · vacancy 6.46% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$534.2K
$467.4K – $623.2K
NOI $37,391 @ 7.0% cap · market cap 4.67%
Second Best
Apartment 5plus
$490.9K
$429.5K – $572.7K
NOI $34,362 @ 7.0% cap · market cap 4.30%
Theoretical Best
Office A
$1.13M
$991.9K – $1.32M
NOI $79,350 @ 7.0% cap · market cap 9.92%
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 in Visalia with solid rental rates.
Where is this quadplex located?
The property is located at 2440 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: Fourplex with year built 1974; Stucco and wood exterior; Shake roof
