Fresno Fourplex Investment
150 W Whites Bridge Avenue Fresno, CA 93706
For Sale
$699,000
MULTI_FAMILY - Fresno, CA
Property Size3,388 SF
Lot Size0.52 Acres
Price / SF$206.32
Days on Market149
Property Features for 150 W Whites Bridge Avenue
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Bedrooms
10
Bathrooms
4
Rooms
Bathroom 4, Bedroom 10, Bedroom 5, Bedroom 8, Bathroom 3, Bedroom 7, Bedroom 6, Bedroom 3, Bedroom 1, Bathroom 2, Bedroom 2, Bedroom 4, Bedroom 9, Bathroom 1
Parking features
Carport
Exterior features
Wood
Standard status
Active
APN
45822016
Size
3,388 SF
Lot size
0.52 Acres
Building Details
Year built
1925
Floors in Building
1
Number of units
4
Roof type
Composition
Listing Agency:
RE/MAX Gold - Clovis
(559) 472-5115
Listed By:
Greg Maroot · License #01102553
(916) 218-6700
Added: Mar 2
Changed: Jul 29
Last Checked: Jul 29 at 9:06PM
MLS# 644381
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 fully occupied fourplex in Southwest Fresno presents an excellent investment opportunity. The property features a desirable unit mix of two 3-bedroom, 1-bath units and two 2-bedroom, 1-bath units, offering strong rental appeal and income potential. Each unit is separately metered for water, trash, sewer, electricity, and gas, with tenants responsible for their own utilities. This arrangement helps minimize owner expenses and improve net operating income. The property also includes covered carport parking with one assigned space per unit. One of the buildings recently received a new roof, reflecting ongoing ownership maintenance. The property is situated on a lot of 0.5234 acres. The property size is 3388 square feet.
Key Highlights
- Fully occupied 4‑plex with a unit mix of two 3‑bedroom/1‑bath units and two 2‑bedroom/1‑bath units
- Each unit is separately metered for water, trash, sewer, electricity, and gas (tenant pays utilities)
- Covered carport parking with one assigned space per unit
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 | $67.1k | $19.80 |
| − Vacancy | −$3.7k | −$1.09 |
| EGI | $63.4k | $18.71 |
| − OpEx | −$19.0k | −$5.61 |
| NOI | $44.4k | $13.10 |
3,388 SF · lease $19.80/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$633.9K
$554.7K – $739.6K
NOI $44,375 @ 7.0% cap · market cap 6.35%
Second Best
Apartment 5plus
$555.3K
$485.9K – $647.9K
NOI $38,874 @ 7.0% cap · market cap 5.56%
Theoretical Best
Office A
$998.4K
$873.6K – $1.16M
NOI $69,888 @ 7.0% cap · market cap 10.00%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Quadplex - Fully occupied fourplex in Fresno with strong income potential.
Where is this quadplex located?
The property is located at 150 W Whites Bridge Avenue Fresno, CA.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Fully occupied 4‑plex with a unit mix of two 3‑bedroom/1‑bath units and two 2‑bedroom/1‑bath units; Each unit is separately metered for water, trash, sewer, electricity, and gas (tenant pays utilities); Covered carport parking with one assigned space per unit
