Fourplex Residential Income
2701 N Wishon Avenue Fresno, CA 93704
2701 N Wishon Avenue, Fresno, CA, 93704
$675,000
For Sale
$675,000
MULTI_FAMILY - Fresno, CA
Property Size2,448 SF
Lot Size0.08 Acres
Price / SF$275.74
Days on Market31
Property Features for 2701 N Wishon Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 4
- Rooms
- Bathroom 2, Bathroom 4, Bathroom 3, Bedroom 3, Bedroom 4, Bathroom 1, Bedroom 1, Bedroom 2
- Exterior features
- Stucco
- Standard status
- Active
- APN
- 44324116
- Size
- 2,448 SF
- Lot size
- 0.08 Acres
Building Details
- Year built
- 1928
- Floors in Building
- 2
- Number of units
- 4
- Roof type
- Wood
Listing Agency
Fresno Income Properties
(559) 438-9410
7575 N Del Mar Suite #102, Fresno, CA
Listed by
Paul Gestic · License #01376488
(559) 438-9410
Added: Jun 17 Checked: Jul 17 at 12:06 am
MLS# 650578
Listing URL
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 fourplex residential income property includes four separate one-bedroom, one-bath units. The building presents a classic exterior with clean lines and designed-for-living unit layouts, supported by ample natural light and practical common area planning.
The property is located on N Wishon Avenue in Fresno, positioned on a main street for visibility and with straightforward access for residents. The location is described as offering convenient access to major corridors, public transportation, and neighborhood services.
For investors or owner-operators looking to add a small multifamily asset, this four-unit configuration provides a straightforward residential mix while keeping the overall building scale manageable. Each unit’s consistent one-bedroom, one-bath format can support day-to-day leasing and tenant use, with the property’s central Wishon Avenue address helping maintain convenience for residents.
The property is located on N Wishon Avenue in Fresno, positioned on a main street for visibility and with straightforward access for residents. The location is described as offering convenient access to major corridors, public transportation, and neighborhood services.
For investors or owner-operators looking to add a small multifamily asset, this four-unit configuration provides a straightforward residential mix while keeping the overall building scale manageable. Each unit’s consistent one-bedroom, one-bath format can support day-to-day leasing and tenant use, with the property’s central Wishon Avenue address helping maintain convenience for residents.
Key Highlights
- Fourplex on Wishon Avenue in Fresno, with straightforward resident access from a main street location
- 1928‑built stucco exterior building with wood roof
- All 4 units are 1‑bedroom, 1‑bathroom layouts
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 | $48.5k | $19.80 |
| − Vacancy | −$2.7k | −$1.09 |
| EGI | $45.8k | $18.71 |
| − OpEx | −$13.7k | −$5.61 |
| NOI | $32.1k | $13.10 |
2,448 SF · lease $19.80/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$458.0K
$400.8K – $534.4K
NOI $32,063 @ 7.0% cap · market cap 4.75%
Second Best
Apartment 5plus
$401.3K
$351.1K – $468.2K
NOI $28,089 @ 7.0% cap · market cap 4.16%
Theoretical Best
Office A
$721.4K
$631.2K – $841.6K
NOI $50,497 @ 7.0% cap · market cap 7.48%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
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FAQs
What type of property is this?
Quadplex - Well-maintained fourplex with four one-bedroom, one-bath units in a Fresno location with convenient access.
Where is this quadplex located?
The property is located at 2701 N Wishon Avenue Fresno, CA.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: Fourplex on Wishon Avenue in Fresno, with straightforward resident access from a main street location; 1928‑built stucco exterior building with wood roof; All 4 units are 1‑bedroom, 1‑bathroom layouts
