25250 Rd 216, Lindsay, CA 93247
MULTI_FAMILY - Lindsay, CA
- Added:
- Jun 8, 2026
- Days on Market:
- 2
- Last Refresh:
- Jun 9 at 5:06 am
Property Features for 25250 Rd 216
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 13
- Bathrooms
- 8
- Rooms
- Bedroom 7, Bedroom 11, Bathroom 3, Bedroom 3, Bedroom 12, Bedroom 5, Bathroom 7, Bedroom 9, Bedroom 2, Bedroom 4, Bedroom 10, Bathroom 8, Bedroom 8, Bedroom 1, Bathroom 1, Bedroom 6, Bathroom 4, Bedroom 13, Bathroom 5, Bathroom 2, Bathroom 6
- Standard status
- Active
- APN
- 142140021
- Size
- 5,556 SF
- Lot size
- 1.54 Acres
Utilities
- Sewer type
- Public Sewer
- Heating system
- Floor Furnace, Natural Gas, Wall Furnace
- Cooling system
- Electric, Wall/Window Unit(s), Window Unit(s), Evaporative Cooling
- Water source
- Public
Building Details
- Year built
- 2008
- Floors in Building
- 1
- Number of units
- 5
- Roof type
- Composition
Listing agent Franklin J Romine License #DRE #01957844 (559) 804-4422
Listing office The Equity Group 420 N Court St., Visalia, CA (559) 732-0800
Listing date Jun 8, 2026
Copyright © 2026 Tulare County MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- 5 homes on 3 separate parcels totaling 1.54+ acres
- Two modern homes built in 2008: 3BR/2BA each with nearly 1,300 SF living space
- Three older homes built 1960–1970 offering 875–1,216 SF each
- All 5 homes are fully rented with long‑term tenants, with many in place 10+ years
- Gross monthly income of $5,600; tenants pay electricity and trash, and tenants pay water
- Heating includes natural gas with floor, wall, and wall/window furnaces; cooling includes electric and window unit(s), plus evaporative cooling
Overview
All five homes are currently fully rented with long-term tenants, many of whom have been in place for over ten years. The property reports a strong gross monthly income of $5,600. Utilities are structured with tenants paying for electricity and trash, and tenants also pay for water.
For investors or owner-operators seeking a turn-key residential income setup, the mix of newer and older homes provides a diversified footprint within a single acquisition. The current tenancy and operating structure are designed to support day-to-day stability, and the listing also notes room to expand and the potential to add more units.
Local Financial Insights For Apartment 5plus
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 | $90.0k | $16.20 |
| − Vacancy | −$6.1k | −$1.10 |
| EGI | $83.9k | $15.10 |
| − OpEx | −$37.7k | −$6.79 |
| NOI | $46.1k | $8.30 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Lindsay
- County
- Tulare
- State
- California
- Longitude
- -119.091066
- Latitude
- 36.246395
