Fresno Multifamily Property For
446 N Maple Avenue Fresno, CA 93702
446 N Maple Avenue, Fresno, CA, 93702
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For Sale
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Six-unit multifamily property in Fresno, California, offered completely turnkey.
Property Size4,680 SF
Price / SF$170.92
Days on Market58
Property Features for 446 N Maple Avenue
General Information
- Standard status
- Active
- Size
- 4,680 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1971
Listing Agency
Colliers - Fresno, California
Listed by
Jeff Kim · License #CA 01456017
Source
Crexi
Added: May 21 Checked: Jul 16 at 11:31 am
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 Colliers - Fresno, California
Investment Insights
Based on property information with market context.
Located in Fresno, California, 446 N Maple Avenue is a two-story multifamily property featuring six units. Units 101-103 are located on the ground floor, with Units 201-203 situated above. The property is offered completely turnkey and has several years of proven profitability. All units have been updated with modernized interiors. The improvements throughout the building position the property to continue attracting quality tenants and maintaining strong occupancy. The property includes six carport spaces, one assigned to each unit, as well as an on-site laundry room that is currently unused and available for activation as an additional income stream. The property size is 4,680 square feet.
Key Highlights
- Turnkey multifamily property with proven profitability.
- All six units have been updated with modernized interiors.
- Low‑maintenance, stabilized asset with built‑in upside potential.
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 | $105.6k | $22.56 |
| − Vacancy | −$5.5k | −$1.17 |
| EGI | $100.1k | $21.39 |
| − OpEx | −$45.0k | −$9.62 |
| NOI | $55.0k | $11.76 |
4,680 SF · lease $22.56/SF/yr · vacancy 5.20% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$786.4K
$688.1K – $917.5K
NOI $55,050 @ 7.0% cap · market cap 6.88%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.14M
$999.3K – $1.33M
NOI $79,945 @ 7.0% cap · market cap 9.99%
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?
Apartment building - Six-unit multifamily property in Fresno, California, offered completely turnkey.
Where is this apartment building located?
The property is located at 446 N Maple Avenue Fresno, CA.
What is the asking price?
The asking price for this property is $799,900.
What are key features of this property?
This property features: Turnkey multifamily property with proven profitability.; All six units have been updated with modernized interiors.; Low‑maintenance, stabilized asset with built‑in upside potential.
