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    422 W Race Ave Visalia, CA 93291

    New
    For Sale
    $1,049,000

    MULTI_FAMILY - Visalia, CA

    Property size:
    6,294 SF
    Lot size:
    0.57 Acres
    Days on Market:
    5
    Last Refresh:
    Dec 12 at 2:06 pm

    Property Features for 422 W Race Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bathroom 2, Bedroom 4, Bedroom 3, Bedroom 10, Bedroom 1, Bedroom 8, Bathroom 1, Bathroom 3, Bathroom 5, Bathroom 9, Bathroom 10, Bathroom 6, Bedroom 5, Bedroom 6, Bedroom 9, Bathroom 4, Bathroom 7, Bedroom 7, Bathroom 8, Bedroom 2
    Bedrooms
    10
    Bathrooms
    10
    APN
    093164006
    Parking features
    Covered, Carport
    Exterior features
    Stucco
    Size
    6,294 SF
    Lot size
    0.57 Acres

    Building Details

    Year built
    1922
    Floors in Building
    1
    Number of units
    10
    Roof type
    Composition

    Modern Broker Inc (559) 667-4711 [email protected]

    Listing agent Brent Cate

    Listing date Dec 8, 2025

    Copyright © 2025 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.

    Overview

    Visalia Multifamily Investment Opportunity

    This multifamily property in Visalia, California, presents an investment opportunity. The property features ten units, each with one bedroom and one bathroom, situated on a 25,000-square-foot lot. The layout comprises five duplexes. Eight of the units have been remodeled. Some units include backyards, and there is a courtyard located in the middle of the units. Each unit is equipped with wall heaters, wall air conditioning units, and washer/dryer hookups. The units are fairly equally divided with gas stove/oven hookups and electric.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Visalia
    County
    Tulare
    State
    California
    Longitude
    -119.297028
    Latitude
    36.335541

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    FAQs

    What type of property is this?
    Apartment building - Ten-unit multifamily property in Visalia, California, with remodeling and amenities.
    Where is this apartment building located?
    The property is located at 422 W Race Ave Visalia, CA.
    What is the asking price?
    The asking price for this property is $1,049,000.
    What are key features of this property?
    This property features: - Investment opportunity: 10-unit property on a large lot.; - 8 out of 10 units have been remodeled.; - All units have washer/dryer hookups.
    (559) 667-4711
    Request Owner's contact information
    422 W Race Ave Visalia, CA 93291
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    Visalia, CA 93291
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    422 W Race Ave Visalia, CA 93291
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