14-Unit Multifamily
For Sale
$1,800,000
636 E Roosevelt Avenue, Visalia, CA 93292
Residential Income, Visalia, CA
Property Size11,050 SF
Lot Size1.20 Acres
Price / SF$162.90
Days on Market13
Property Features for 636 E Roosevelt Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
19
Bathrooms
14
Full bathrooms
14
Rooms
Bathroom 9, Bathroom 4, Bedroom 1, Bedroom 10, Bedroom 13, Bedroom 14, Bedroom 2, Bathroom 1, Bedroom 18, Bathroom 12, Bedroom 7, Bathroom 8, Bathroom 10, Bedroom 4, Bedroom 3, Bedroom 11, Bedroom 15, Bathroom 6, Bathroom 3, Bedroom 12, Bathroom 2, Bedroom 19, Bedroom 6, Bathroom 13, Bathroom 11, Bedroom 8, Bedroom 9, Bedroom 5, Bedroom 16, Bathroom 7, Bedroom 17, Bathroom 14, Bathroom 5
Parking features
RV, Garage
Patio and Porch features
Patio, Porch
Lot features
Fencing
Directions
East of Santa Fe on Northside of Roosevelt
Subdivision
Visalia NW
Standard status
Active
APN
094130051
Size
11,050 SF
Lot size
1.20 Acres
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas
Cooling system
Wall/Window Unit(s), Window Unit(s), Ceiling Fan(s)
Water source
Public
Building Details
Year built
1978
Floors in Building
1
Number of units
14
Flooring type
Laminate, Combination, Carpet
Building materials
Stucco, Wood Siding
Roof type
Composition
Listing Agency:
The Equity Group
(559) 732-8800
Listed By:
Franklin J Romine · License #01367450
(559) 804-4422
Added: Sep 24
Changed: Oct 3
Last Checked: Oct 6 at 11:06PM
MLS# 244294
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.
Investment Insights
Based on property information with market context.
This 11,050-square-foot multifamily property contains 14 units across nine buildings: four standalone homes and five duplexes. The unit mix includes eight one-bedroom, one-bathroom residences and six two-bedroom, one-bathroom residences. Improvements include replacement roofs, dual-pane windows, new stucco and siding, fresh paint throughout, and several newer HVAC units. Each residence has a private backyard. The grounds also feature asphalt driveways, a garage for owner storage, and a gated, fenced gravel yard of approximately 6,000 square feet with a pole shed.
Built in 1978, the property has public water and sewer service. Construction materials include stucco and wood siding.
Built in 1978, the property has public water and sewer service. Construction materials include stucco and wood siding.
Key Highlights
- 14 units in nine buildings: four homes and five duplexes
- Unit mix: eight 1‑bedroom/1‑bathroom units and six 2‑bedroom/1‑bathroom units
- 11,050 square feet on the property
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$91,761
Cap Rate
5.10%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,835,220
$1.8M
Cap Rate 7%
$1,310,871
$1.3M
Cap Rate 9%
$1,019,567
$1.0M
Market Conditions
NOI Build-Up for 11,050 SF
Gross rent
$179.0K $16.20/SF
− Vacancy
−$12.2K −$1.10/SF
EGI
$166.8K $15.10/SF
− OpEx
−$75.1K −$6.79/SF
NOI
$91.8K $8.30/SF
Area
Visalia, CA
Vacancy
6.80%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,835,220
Cap Rate 7%
$1,310,871
Cap Rate 9%
$1,019,567
Alternative Uses
Best Use
Apartment 5plus
$1.31M
$1.15M – $1.53M
NOI $91,761 @ 7.0% cap · market cap 5.10%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.03M
$2.65M – $3.53M
NOI $211,895 @ 7.0% cap · market cap 11.77%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
14
Residential units
Location Intelligence
Trade Area within ½ mile
897
Businesses Nearby
Explore this area
Business Placement
Demographics for 93292, CA
43,316
Population
15,028
Households
2.9
Avg Household Size
34
Median Age
18%
College-Educated
84%
High-School Grad
114.7 sq mi
ZIP Area
378
Density / Sq Mi
$80,784
Median Household Income
$40,834
Median Earnings
$1,418
Median Rent
$330,600
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Multifamily property - Nine buildings comprise four homes and five duplexes, with private backyards for every unit.
Where is this multifamily property located?
The property is located at 636 E Roosevelt Avenue Visalia, CA.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: 14 units in nine buildings: four homes and five duplexes; Unit mix: eight 1‑bedroom/1‑bathroom units and six 2‑bedroom/1‑bathroom units; 11,050 square feet on the property
