Upgraded Four-Plex with
5 E Saginaw WAY Fresno, CA 93704
For Sale
$850,000
Four townhome-style units offer 3 bedrooms and 1.5 baths each, with tenant-paid utilities and individual carport parking.
Property Size3,840 SF
Price / SF$221.35
Days on Market20
Property Features for 5 E Saginaw WAY
General Information
Standard status
Active
Size
3,840 SF
Property subtype
Multi Family
Building Details
Year Built
1970
Listing Agency:
Universal Realty Services, Inc
(559) 917-1113
Listed By:
Gautam Atri · License #02050505
(559) 917-1113
Source:
Exitrealty
Added: Jul 10
Changed: Jul 22
Last Checked: Jul 29 at 6:14AM
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 Realty Services, Inc
Investment Insights
Based on property information with market context.
Fully upgraded, FHA/VA-eligible four-plex offering four townhome-style units with 3 bedrooms and 1.5 bathrooms each (approximately 960 sq ft per unit). Each unit has meaningful upgrades, providing clean, modern, and functional interiors. Individual carport parking is included for resident convenience.
Current rents are Unit 101 at $2,000 (VA), Unit 102 at $2,317 (Section 8), and Units 201 and 202 at $1,950 each, for total monthly income of $8,217.00. Tenants pay electricity, water, and sewer; owner expenses noted include insurance, landscape, trash, pest control, and property taxes (approx. 1.25% of purchase price).
Showings are subject to tenant cooperation, and offers may be submitted subject to inspection.
Current rents are Unit 101 at $2,000 (VA), Unit 102 at $2,317 (Section 8), and Units 201 and 202 at $1,950 each, for total monthly income of $8,217.00. Tenants pay electricity, water, and sewer; owner expenses noted include insurance, landscape, trash, pest control, and property taxes (approx. 1.25% of purchase price).
Showings are subject to tenant cooperation, and offers may be submitted subject to inspection.
Key Highlights
- Four‑plex built in 1970 with four townhome‑style units, each offering 3 bedrooms and 1.5 bathrooms.
- Approximately 960 sq ft per unit with upgrades completed across the property.
- Current rents: Unit 101 $2,000 (VA), Unit 102 $2,317 (Section 8), Unit 201 $1,950, Unit 202 $1,950; total monthly income $8,217.
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 authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Quadplex - Four townhome-style units offer 3 bedrooms and 1.5 baths each, with tenant-paid utilities and individual carport parking.
Where is this quadplex located?
The property is located at 5 E Saginaw WAY 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: Four‑plex built in 1970 with four townhome‑style units, each offering 3 bedrooms and 1.5 bathrooms.; Approximately 960 sq ft per unit with upgrades completed across the property.; Current rents: Unit 101 $2,000 (VA), Unit 102 $2,317 (Section 8), Unit 201 $1,950, Unit 202 $1,950; total monthly income $8,217.
