Updated Multifamily Income
2026 E Hunter Avenue Fresno, CA 93703
2026 E Hunter Avenue, Fresno, CA, 93703
$495,000
For Sale
$495,000
Recently updated multifamily property with new stucco, roof, windows, and paint, positioned for steady long-term performance.
Property Size2,538 SF
Price / SF$195.04
Days on Market56
Property Features for 2026 E Hunter Avenue
General Information
- Standard status
- Active
- Size
- 2,538 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1952
Listing agency
Golden California
(951) 295-8787
Listed by
Manuel Marquez · License #01223058
(951) 295-8787
Source
Exitrealty
Added: May 29 Updated: Jul 22 at 9:45PM Checked: Jul 22 at 9:45PM
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 Golden California
Investment Insights
Based on property information with market context.
This updated multifamily income property presents a newly refreshed exterior, including new stucco, a new roof, new windows, and new paint. The asset is currently operating and has been performing steadily for many years.
The property is offered for sale at 2026 E Hunter Avenue in Fresno, CA 93703.
With recent exterior improvements already in place, the property may support a lower need for near-term capital expenditures tied to the roof, windows, and stucco.
The property is offered for sale at 2026 E Hunter Avenue in Fresno, CA 93703.
With recent exterior improvements already in place, the property may support a lower need for near-term capital expenditures tied to the roof, windows, and stucco.
Key Highlights
- Multifamily property built in 1952
- Recent updates include new stucco exterior
- Recent updates include a new roof
Local Financial Insights For Apartment 5plus
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 | $55.7k | $21.96 |
| − Vacancy | −$2.8k | −$1.10 |
| EGI | $52.9k | $20.86 |
| − OpEx | −$23.8k | −$9.39 |
| NOI | $29.1k | $11.47 |
2,538 SF · lease $21.96/SF/yr · vacancy 5.00% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$416.0K
$364.0K – $485.4K
NOI $29,121 @ 7.0% cap · market cap 5.88%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$747.9K
$654.4K – $872.6K
NOI $52,354 @ 7.0% cap · market cap 10.58%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Multifamily properties
Similar For Sale Nearby
FAQs
What type of property is this?
Multifamily property - Recently updated multifamily property with new stucco, roof, windows, and paint, positioned for steady long-term performance.
Where is this multifamily property located?
The property is located at 2026 E Hunter Avenue Fresno, CA.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: Multifamily property built in 1952; Recent updates include new stucco exterior; Recent updates include a new roof
