Eight-Unit Multifamily Investment
For Sale
$1,175,000
3940 E Burns, Fresno, CA 93725
Stabilized income property with modern upgrades and strong rental demand.
Property SizeContact for details
Days on Market105
Property Features for 3940 E Burns
General Information
Standard status
Active
Property subtype
Commercial
Building Details
Year Built
1963
Listing Agency:
Universal Realty Services, Inc.
(559) 917-1113
Listed By:
Gautam Atri · License #02050505
(559) 917-1113
Source:
Elliman
Added: Apr 24
Changed: Jul 10
Last Checked: Aug 6 at 9:02AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Universal Realty Services, Inc.
Investment Insights
Based on property information with market context.
This eight-unit multifamily property presents an investment opportunity with stabilized income. The property features a consistently high-demand layout of two-bedroom, one-bath configurations. Each residence has been updated with new interior paint within the last year, providing a clean and uniform appearance throughout. The building showcases ongoing care, including a mix of upgraded interiors and modernized kitchens and baths. Strong in-place rents indicate a stabilized, income-producing asset with potential for increased value through continued modernization of existing units. A brand new roof has been installed. The property's walk score is 29, indicating that it is car-dependent. The transit score is 33, suggesting some transit options are available.
Key Highlights
- Stabilized income for reliable returns.
- Strong rental demand makes this a sound investment.
- Enjoy modern upgrades throughout the property.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
295
Businesses Nearby
Explore this area
Business Placement
Demographics for 93725, CA
26,162
Population
6,998
Households
3.7
Avg Household Size
30
Median Age
13%
College-Educated
68%
High-School Grad
67.0 sq mi
ZIP Area
390
Density / Sq Mi
$71,099
Median Household Income
$34,943
Median Earnings
$1,222
Median Rent
$262,400
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Stabilized income property with modern upgrades and strong rental demand.
Where is this apartment building located?
The property is located at 3940 E Burns Fresno, CA.
What is the asking price?
The asking price for this property is $1,175,000.
What are key features of this property?
This property features: Stabilized income for reliable returns.; Strong rental demand makes this a sound investment.; Enjoy modern upgrades throughout the property.
