Quadplex with Tri-plex and Main
253 W Belleview Avenue Porterville, CA 93257
253 W Belleview Avenue, Porterville, CA, 93257
$850,000
For Sale
$850,000
MULTI_FAMILY - Porterville, CA
Property Size4,800 SF
Lot Size0.18 Acres
Price / SF$177.08
Days on Market133
Property Features for 253 W Belleview Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Quadruplex
- Bedrooms
- 13
- Bathrooms
- 8
- Rooms
- Bedroom 2, Bedroom 7, Bathroom 7, Bedroom 12, Bedroom 1, Bathroom 6, Bedroom 3, Bathroom 8, Bedroom 10, Bedroom 9, Bathroom 3, Bathroom 5, Bedroom 6, Bathroom 2, Bathroom 1, Bedroom 8, Bedroom 4, Bathroom 4, Bedroom 11, Bedroom 13, Bedroom 5
- Exterior features
- Courtyard
- Standard status
- Active
- APN
- 252094000000
- Size
- 4,800 SF
- Lot size
- 0.18 Acres
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air
- Water source
- Public
Building Details
- Year built
- 1992
- Floors in Building
- 2
- Number of units
- 4
- Flooring type
- Carpet, Laminate
- Roof type
- Composition
- Additional Structures
- Storage
Listing agency
Melson Realty, Inc.
(559) 788-2222
Listed by
Lynn Trice
(559) 359-0256
Added: Mar 11 Updated: Jul 18 at 8:33AM Checked: Jul 21 at 9:06AM
MLS# 240273
Copyright © 2026 Tulare County MLS. 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 for-sale quadplex is a well-maintained property configured as a front house plus a tri-plex, creating four rental units total. The front home includes 4 bedrooms and 2 bathrooms and features inside laundry. The three rear units make up the tri-plex, and each unit has 3 bedrooms, 2 bathrooms, and inside laundry. Carport and storage are provided for all units, and the property has fenced front and back areas.
Located at 253 W Belleview Avenue in Porterville, California (Tulare County). The listing notes long-term tenants in place.
For buyers seeking rental income from a single asset, the layout offers two distinct living configurations: a larger front residence and three similar rear units. Each unit’s inside laundry and the presence of carport and storage can improve everyday livability for tenants. The seller has indicated seller financing is available, which may broaden qualification options for an owner-occupant who wants to live in the front house while renting the three rear units.
Located at 253 W Belleview Avenue in Porterville, California (Tulare County). The listing notes long-term tenants in place.
For buyers seeking rental income from a single asset, the layout offers two distinct living configurations: a larger front residence and three similar rear units. Each unit’s inside laundry and the presence of carport and storage can improve everyday livability for tenants. The seller has indicated seller financing is available, which may broaden qualification options for an owner-occupant who wants to live in the front house while renting the three rear units.
Key Highlights
- 4 rental units: front house plus a 3‑unit tri‑plex, offering options to live in the front and rent the back units
- Front house features 4 bedrooms, 2 bathrooms, and inside laundry
- Tri‑plex built in 1992 with 3 units; each unit has 3 bedrooms, 2 bathrooms, and inside laundry
Local 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 | $66.2k | $13.80 |
| − Vacancy | −$4.3k | −$0.89 |
| EGI | $62.0k | $12.91 |
| − OpEx | −$18.6k | −$3.87 |
| NOI | $43.4k | $9.04 |
4,800 SF · lease $13.80/SF/yr · vacancy 6.46% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$619.6K
$542.2K – $722.9K
NOI $43,373 @ 7.0% cap · market cap 5.10%
Second Best
Apartment 5plus
$569.4K
$498.3K – $664.3K
NOI $39,860 @ 7.0% cap · market cap 4.69%
Theoretical Best
Specialty Retail
$1.46M
$1.28M – $1.70M
NOI $102,060 @ 7.0% cap · market cap 12.01%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Quadplex - Four rental units offer a front 4-bedroom home plus three 3-bedroom units with inside laundry and storage.
Where is this quadplex located?
The property is located at 253 W Belleview Avenue Porterville, CA.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: 4 rental units: front house plus a 3‑unit tri‑plex, offering options to live in the front and rent the back units; Front house features 4 bedrooms, 2 bathrooms, and inside laundry; Tri‑plex built in 1992 with 3 units; each unit has 3 bedrooms, 2 bathrooms, and inside laundry
