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    Fresno Multifamily Investment Opportunity Title is generated by Realmo AI

    4316 E Olive Avenue, Fresno, CA 93702

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    Claim this Listing
    For Sale
    $640,000

    MULTI_FAMILY - Fresno, CA

    Property size:
    2,200 SF
    Lot size:
    0.18 Acres
    Price / SF:
    $290/SF
    Added:
    May 17, 2026
    Days on Market:
    16
    Last Refresh:
    Jun 1 at 8:06 pm

    Property Features for 4316 E Olive Avenue

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    5
    Bathrooms
    5
    Rooms
    Bathroom 1, Bedroom 5, Bedroom 1, Bedroom 4, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 3, Bathroom 5, Bedroom 2
    Parking features
    Carport
    Exterior features
    Stucco
    Standard status
    Active
    APN
    45406104
    Size
    2,200 SF
    Lot size
    0.18 Acres

    Building Details

    Year built
    1963
    Floors in Building
    1
    Number of units
    5

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    Listing Contact
    Puneet Bhargava

    Listing agent Puneet Bhargava

    Listing office HomeSmart PV and Associates 802 W PINEDALE AVE STE 101, Modesto, CA

    Listing date May 17, 2026

    MLS# 648966 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.

    HighLights

    • Strong cash flow investment opportunity: generates $6,052 gross monthly rent, $72,624 annually.
    • 100% occupied, ensuring immediate income.
    • Reliable rental income stream from Section 8 tenants in four of the five units.
    • Five 1‑bedroom, 1‑bath units offer functional layouts.
    • Convenient central Fresno location, close to amenities and freeway access.
    • Five covered carports.

    Overview

    This five-unit multifamily property is located in Central Fresno. The property features five 1-bedroom, 1-bath units and is currently 100% occupied, offering strong cash flow. Four of the five units are occupied by Section 8 tenants, providing reliable rental income. The total gross monthly rent is $6,052, with a total annual gross rent of $72,624. Unit A rents for $1,116 per month, Unit B for $1,232 per month, Unit C for $1,157 per month, Unit D for $1,182 per month, and Unit E for $1,315 per month. The property includes five covered carports. The property is situated in a convenient Central Fresno location, close to grocery stores, gas stations, shopping, and freeway access. The lot size is 0.1777 acres, and the property size is 2,200 square feet. This property presents an opportunity for investors seeking rental income and long-term growth potential in a desirable rental market.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fresno
    County
    Fresno
    State
    California
    Longitude
    -119.753028
    Latitude
    36.757433

    FAQs

    What type of property is this?
    Apartment building - Five-unit property in Central Fresno with strong cash flow.
    Where is this apartment building located?
    The property is located at 4316 E Olive Avenue Fresno, CA.
    What is the asking price?
    The asking price for this property is $640,000.
    What are key features of this property?
    This property features: Strong cash flow investment opportunity: generates $6,052 gross monthly rent, $72,624 annually.; 100% occupied, ensuring immediate income.; Reliable rental income stream from Section 8 tenants in four of the five units.
    More about this property
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