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Quadplex With Covered Parking
For Sale
$625,000

150 W Whites Bridge Avenue, Fresno, CA 93706

Multi Family, Fresno, CA

Property Size3,388 SF
Lot Size0.52 Acres
Price / SF$184.47
Days on Market230

Property Features for 150 W Whites Bridge Avenue

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Bedrooms 10
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 5, Bathroom 1, Bedroom 3, Bedroom 9, Bedroom 8, Bedroom 4, Bedroom 6, Bedroom 7, Bathroom 4, Bedroom 1, Bedroom 10, Bathroom 2, Bathroom 3, Bedroom 2
Parking features Carport
Exterior features Wood
High school district Fresno Unified
Directions Southbound on CA-99, use the Stanislaus St / Downtown Fresno exit. Head west on W. Stanislaus Ave (southbound exit). From W. Stanislaus Ave / Fresno St, turn right (north) onto S. B St.Turn left (west) onto W. Whites Bridge Ave.
Subdivision 706
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 · RE/MAX International
Listed By: Greg Maroot
Added: Mar 2 Changed: Oct 17 Last Checked: Oct 18 at 2:06PM
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.

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Investment Insights

Based on property information with market context.

This 3,388-square-foot quadplex, constructed in 1925, contains four residential units: two two-bedroom, one-bath residences and two three-bedroom, one-bath residences. The property has wood exterior construction, composition roofing, and covered carport parking with one designated space for each unit. One building has received a new roof.

Each residence has separate metering for water, trash, sewer, electricity, and gas, with residents paying their own utility charges. The property occupies 0.5234 acres in Fresno, California, and is fully occupied.

Key Highlights

  • Four‑unit property with two 3‑bedroom/1‑bath units and two 2‑bedroom/1‑bath units
  • 3,388 square feet on 0.5234 acres
  • Separate metering for water, trash, sewer, electricity, and gas

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$44,375
Cap Rate
7.10%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$887,500 $887.5K
Cap Rate 7%
$633,929 $633.9K
Cap Rate 9%
$493,056 $493.1K
Market Conditions
NOI Build-Up for 3,388 SF
Gross rent
$67.1K $19.80/SF
− Vacancy
−$3.7K −$1.09/SF
EGI
$63.4K $18.71/SF
− OpEx
−$19.0K −$5.61/SF
NOI
$44.4K $13.10/SF
Area
Fresno, CA
Vacancy
5.50%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$887,500
Cap Rate 7%
$633,929
Cap Rate 9%
$493,056

Alternative Uses

Best Use
Multifamily LT 5
$633.9K
$554.7K – $739.6K (±1% cap)
NOI $44,375 @ 7.0% cap · market cap 7.10%
Second Best
Apartment 5plus
$555.3K
$485.9K – $647.9K (±1% cap)
NOI $38,874 @ 7.0% cap · market cap 6.22%
Theoretical Best
Office A
$998.4K
$873.6K – $1.16M (±1% cap)
NOI $69,888 @ 7.0% cap · market cap 11.18%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Fermins Car Wash Car Wash

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Dental Office Law Firm Plumbing Service Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
100%
Occupancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

275
Businesses Nearby

Demographics for 93706, CA

40,965
Population
12,239
Households
3.3
Avg Household Size
31
Median Age
9%
College-Educated
62%
High-School Grad
158.5 sq mi
ZIP Area
258
Density / Sq Mi
$40,023
Median Household Income
$28,495
Median Earnings
$1,129
Median Rent
$227,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - Fully occupied property offers a mixed two- and three-bedroom configuration with individually metered utilities.
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 $625,000.
What are key features of this property?
This property features: Four‑unit property with two 3‑bedroom/1‑bath units and two 2‑bedroom/1‑bath units; 3,388 square feet on 0.5234 acres; Separate metering for water, trash, sewer, electricity, and gas
More about this property
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