Four-Unit Residential Income
4711 South Elm Avenue Fresno, CA 93706
4711 South Elm Avenue, Fresno, CA, 93706
$679,900
For Sale
$679,900
Quadplex with one 3-bedroom unit and three 2-bedroom units, including laundry areas in the 2-bedroom units.
Property Size1,552 SF
Price / SF$438.08
Days on Market329
Property Features for 4711 South Elm Avenue
General Information
- Standard status
- Active
- Size
- 1,552 SF
- Property subtype
- Multi Family / Quadruplex
Building Details
- Year Built
- 1940
Listing agency
Wayne Carstens, Broker
(559) 287-0545
Listed by
Wayne A Carstens · License #01021074
(559) 287-0545
Source
Compass
Added: Aug 27, 2025 Updated: Jul 20 at 7:33PM Checked: Jul 21 at 6:46AM
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 Wayne Carstens, Broker
Investment Insights
Based on property information with market context.
This four-unit residential income property consists of one duplex and one freestanding unit for a total of four homes. One unit is described as a 3-bedroom, 2-bath layout with approximately 1,600 square feet and a basement. The remaining three units are described as 2-bedroom, 1-bath homes, each with laundry, at approximately 800 square feet per unit.
The property is located in Fresno, California, with access described as being right off Highway 41. City water and sewers are reported to be about a mile away, and the public remarks indicate future development and annexation into the city of Fresno.
According to the public remarks, the property currently benefits from long-term tenants and a low vacancy rate.
The property is located in Fresno, California, with access described as being right off Highway 41. City water and sewers are reported to be about a mile away, and the public remarks indicate future development and annexation into the city of Fresno.
According to the public remarks, the property currently benefits from long-term tenants and a low vacancy rate.
Key Highlights
- Quadplex with one 3‑bedroom unit and three 2‑bedroom units; laundry areas included in the 2‑bedroom units
- Includes one duplex and one freestanding unit, totaling four units
- 3‑2 main house is about 1,600 SF with a basement
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 | $30.7k | $19.80 |
| − Vacancy | −$1.7k | −$1.09 |
| EGI | $29.0k | $18.71 |
| − OpEx | −$8.7k | −$5.61 |
| NOI | $20.3k | $13.10 |
1,552 SF · lease $19.80/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$290.4K
$254.1K – $338.8K
NOI $20,328 @ 7.0% cap · market cap 2.99%
Second Best
Apartment 5plus
$254.4K
$222.6K – $296.8K
NOI $17,808 @ 7.0% cap · market cap 2.62%
Theoretical Best
Office A
$457.4K
$400.2K – $533.6K
NOI $32,015 @ 7.0% cap · market cap 4.71%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - Quadplex with one 3-bedroom unit and three 2-bedroom units, including laundry areas in the 2-bedroom units.
Where is this quadplex located?
The property is located at 4711 South Elm Avenue Fresno, CA.
What is the asking price?
The asking price for this property is $679,900.
What are key features of this property?
This property features: Quadplex with one 3‑bedroom unit and three 2‑bedroom units; laundry areas included in the 2‑bedroom units; Includes one duplex and one freestanding unit, totaling four units; 3‑2 main house is about 1,600 SF with a basement
