Upgraded Four-Plex with
5 E Saginaw Fresno, CA 93704
For Sale
Contact for pricing
Fully upgraded, FHA/VA-eligible four-plex with four townhome-style units and individual carport parking.
Property Size3,840 SF
Price / SF$221.35
Days on Market24
Property Features for 5 E Saginaw
General Information
- Standard status
- Active
- Size
- 3,840 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1970
Listing Agency:
Universal Lending and Realty
(559) 917-1113
Listed By:
Gautam Atri - Riser Realty Group · License #02050505
Source:
Crexi
Added: Jul 2
Changed: Jul 22
Last Checked: Jul 24 at 6:08PM
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 Universal Lending and Realty
Investment Insights
Based on property information with market context.
This fully upgraded four-plex offers four townhome-style units, each with 3 bedrooms and 1.5 bathrooms. The property is FHA/VA-eligible and includes meaningful upgrades throughout, presenting a clean, modern, and functional living environment. Tenant-paid utilities include electricity, water, and sewer. Individual carport parking adds convenience for residents.
The property is located just north of Dakota and west of Palm in a convenient Fresno lifestyle corridor, with access to Fig Garden Village and nearby shopping, dining, and everyday conveniences along Palm & Shaw. It is also described as moments from Fresno City College and major transportation routes.
Current rents are reported as $2,000 (Unit 101, VA), $2,317 (Unit 102, Section 8), and $1,950 each for Units 201 and 202, for total monthly income of $8,217. Owner expenses listed include insurance ($3,319/yr), landscape ($840/yr), trash ($1,500/yr), pest ($600/yr), and property tax (approximately 1.25% of purchase price). Showings are subject to tenant cooperation, and offers may be submitted subject to inspection.
The property is located just north of Dakota and west of Palm in a convenient Fresno lifestyle corridor, with access to Fig Garden Village and nearby shopping, dining, and everyday conveniences along Palm & Shaw. It is also described as moments from Fresno City College and major transportation routes.
Current rents are reported as $2,000 (Unit 101, VA), $2,317 (Unit 102, Section 8), and $1,950 each for Units 201 and 202, for total monthly income of $8,217. Owner expenses listed include insurance ($3,319/yr), landscape ($840/yr), trash ($1,500/yr), pest ($600/yr), and property tax (approximately 1.25% of purchase price). Showings are subject to tenant cooperation, and offers may be submitted subject to inspection.
Key Highlights
- FHA/VA‑eligible four‑plex built in 1970 with four townhome‑style units
- Each unit offers 3 bedrooms and 1.5 bathrooms with approximately 960 sq ft per unit
- Current monthly rents: $2,000 (Unit 101, VA), $2,317 (Unit 102, Section 8), and $1,950 each (Units 201 and 202)
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 | $76.0k | $19.80 |
| − Vacancy | −$4.2k | −$1.09 |
| EGI | $71.9k | $18.71 |
| − OpEx | −$21.6k | −$5.61 |
| NOI | $50.3k | $13.10 |
3,840 SF · lease $19.80/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$718.5K
$628.7K – $838.3K
NOI $50,295 @ 7.0% cap · market cap 5.92%
Second Best
Apartment 5plus
$629.4K
$550.8K – $734.4K
NOI $44,061 @ 7.0% cap · market cap 5.18%
Theoretical Best
Office A
$1.13M
$990.2K – $1.32M
NOI $79,212 @ 7.0% cap · market cap 9.32%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Quadplexes
FAQs
What type of property is this?
Quadplex - Fully upgraded, FHA/VA-eligible four-plex with four townhome-style units and individual carport parking.
Where is this quadplex located?
The property is located at 5 E Saginaw Fresno, 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: FHA/VA‑eligible four‑plex built in 1970 with four townhome‑style units; Each unit offers 3 bedrooms and 1.5 bathrooms with approximately 960 sq ft per unit; Current monthly rents: $2,000 (Unit 101, VA), $2,317 (Unit 102, Section 8), and $1,950 each (Units 201 and 202)
