5-Unit Apartment
New
For Sale
$860,000
2025 E White Avenue, Fresno, CA 93701
Multi Family, Fresno, CA
Property Size4,500 SF
Lot Size0.14 Acres
Price / SF$191.11
Days on Market3
Property Features for 2025 E White Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
15
Bathrooms
5
Full bathrooms
5
Rooms
Bedroom 10, Bedroom 13, Bedroom 9, Bathroom 3, Bedroom 7, Bathroom 5, Bedroom 2, Bedroom 1, Bedroom 4, Bathroom 2, Bedroom 8, Bedroom 5, Bedroom 14, Bathroom 1, Bedroom 3, Bedroom 6, Bedroom 11, Bedroom 12, Bedroom 15, Bathroom 4
Parking features
Carport
Exterior features
Stucco
High school district
Fresno Unified
Directions
From Fresno & Belmont, go north on Fresno, west on White all the way down. Property on right.
Subdivision
701
Standard status
Active
APN
45230313
Size
4,500 SF
Lot size
0.14 Acres
Additional Details
Tenant in Place
Yes
Building Details
Year built
1970
Floors in Building
2
Number of units
5
Roof type
Composition
Listing Agency:
HomeSmart PV and Associates · HomeSmart International
(559) 473-2555
Listed By:
Puneet Bhargava
(209) 602-6147
Added: Oct 27
Changed: Oct 28
Last Checked: Oct 29 at 1:06AM
MLS# 657316
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 5-unit apartment property contains approximately 4,500 square feet on a 0.1435-acre parcel. Each residence is approximately 900 square feet and has three bedrooms and one bathroom. The building was constructed in 1970 and features stucco exterior walls, a composition roof, and carport parking.
Four units are leased to Housing Authority voucher tenants. The property has undergone remodeling and painting within the past three years, and the exterior has been painted. Highway 180 provides access to the area, with shopping centers, schools, and restaurants also noted nearby.
Four units are leased to Housing Authority voucher tenants. The property has undergone remodeling and painting within the past three years, and the exterior has been painted. Highway 180 provides access to the area, with shopping centers, schools, and restaurants also noted nearby.
Key Highlights
- Five apartment units, each with three bedrooms and one bathroom
- Approximately 4,500 square feet total; each unit is approximately 900 square feet
- Four units leased to Housing Authority voucher tenants
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$51,633
Cap Rate
6.00%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,032,660
$1.0M
Cap Rate 7%
$737,614
$737.6K
Cap Rate 9%
$573,700
$573.7K
Market Conditions
NOI Build-Up for 4,500 SF
Gross rent
$98.8K $21.96/SF
− Vacancy
−$4.9K −$1.10/SF
EGI
$93.9K $20.86/SF
− OpEx
−$42.2K −$9.39/SF
NOI
$51.6K $11.47/SF
Area
Fresno, CA
Vacancy
5.00%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,032,660
Cap Rate 7%
$737,614
Cap Rate 9%
$573,700
Alternative Uses
Best Use
Apartment 5plus
$737.6K
$645.4K – $860.6K
NOI $51,633 @ 7.0% cap · market cap 6.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.33M
$1.16M – $1.55M
NOI $92,826 @ 7.0% cap · market cap 10.79%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Open Analytics
Lease Details
5
Residential units
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,231
Businesses Nearby
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Business Placement
Demographics for 93701, CA
12,037
Population
3,836
Households
3.1
Avg Household Size
28
Median Age
7%
College-Educated
48%
High-School Grad
1.5 sq mi
ZIP Area
8,025
Density / Sq Mi
$32,192
Median Household Income
$26,875
Median Earnings
$926
Median Rent
$207,600
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - Five three-bedroom, one-bath residences provide a consistent unit layout across the property.
Where is this apartment building located?
The property is located at 2025 E White Avenue Fresno, CA.
What is the asking price?
The asking price for this property is $860,000.
What are key features of this property?
This property features: Five apartment units, each with three bedrooms and one bathroom; Approximately 4,500 square feet total; each unit is approximately 900 square feet; Four units leased to Housing Authority voucher tenants
