Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Visalia Multifamily Property For Sale Title is generated by Realmo AI

    517 N Church Street, Visalia, CA 93291

    View on Map
    Claim this Listing
    Pending
    $585,000

    MULTI_FAMILY - Visalia, CA

    Property size:
    4,000 SF
    Lot size:
    0.19 Acres
    Added:
    Apr 10, 2026
    Days on Market:
    44
    Last Refresh:
    May 23 at 3:06 am

    Property Features for 517 N Church Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    5
    Bathrooms
    5
    Rooms
    Bedroom 5, Bathroom 1, Bathroom 2, Bathroom 5, Bedroom 2, Bedroom 4, Bedroom 1, Bedroom 3, Bathroom 4, Bathroom 3
    Parking features
    Alley
    Exterior features
    Courtyard
    Appliances
    Refrigerator
    Standard status
    Pending
    APN
    094261020000
    Size
    4,000 SF
    Lot size
    0.19 Acres

    Utilities

    Sewer type
    Public Sewer
    Cooling system
    Multi Units
    Water source
    Public

    Building Details

    Year built
    1976
    Floors in Building
    1
    Number of units
    5
    Flooring type
    Carpet, Laminate
    Roof type
    Flat

    We can help!

    Listing Contact
    Vince Arbizo

    Listing agent Vince Arbizo License #01786420

    Listing office Century 21 Jordan-Link & Company 2300 W Whitendale Ave, Visalia, CA

    Listing date Apr 10, 2026

    MLS# 240976 Listing URL

    Copyright © 2026 Tulare County MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Multi‑unit property in NW Visalia, CA
    • Walking distance to Downtown Visalia
    • Each unit features its own laundry closet
    • Each unit includes a refrigerator
    • Each unit has 1 parking space
    • Each unit has its own storage space

    Overview

    This multifamily property is located in Visalia, California. The property has multiple units and is situated in the NW Visalia area. Each unit includes one parking space and its own storage space. Laundry closets are also included in each unit. The property is within walking distance of Downtown. The lot size is 0.19 acres and the property size is 4000 square feet.

    Financial Insights

    Value Estimation Calculated for Apartment 5plus

    Conservative
    $369.1K
    NOI $33,216 @ 9.00% cap · cautious / downside scenario
    Moderate
    $474.5K
    NOI $33,216 @ 7.00% cap · market / base-case scenario
    Aggressive
    $664.3K
    NOI $33,216 @ 5.00% cap · optimistic / upside scenario

    NOI & Cap Rate Calculator

    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.
         Calculated for Apartment 5plus

    Component $ $/SF
    Gross rent $64.8k $16.20
    − Vacancy −$4.4k −$1.10
    EGI $60.4k $15.10
    − OpEx −$27.2k −$6.79
    NOI $33.2k $8.30
    4,000 SF · lease $16.20/SF/yr · vacancy 6.80% · expense 45.00%

    Alternative Use Scenarios

    Best Use
    Apartment 5plus
    $474.5K
    $415.2K – $553.6K (±1% cap)
    NOI $33,216 @ 7.0% cap · market cap 5.68%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $1.10M
    $958.8K – $1.28M (±1% cap)
    NOI $76,704 @ 7.0% cap · market cap 13.11%
    Zoning and permitted uses should be independently verified with local authorities.
    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
    Visalia
    County
    Tulare
    State
    California
    Longitude
    -119.291582
    Latitude
    36.334509

    Nearby Similar for Sale

    • $799,000
      4,851 SF

      Visalia Medical Building For Sale

      Centrally located medical building with two units in Visalia, CA.
      306 N Conyer Street, Visalia, CA 93291
      View Details
    • $995,000
      6,725 SF

      Versatile Office Property in Visalia

      Adaptable office building with multi-tenant potential in a growing corridor.
      724 N Ben Maddox Way, Visalia, CA 93292
      View Details
    • $795,000
      5,154 SF

      Visalia Office Building Investment

      Spacious office building with income potential in Visalia, CA.
      1942 S Court Street, Visalia, CA 93277
      View Details
    • $875,000
      7,500 SF

      Visalia Automotive/Industrial Property For Sale

      Centrally located Visalia industrial property configured for automotive or collision repair.
      727 E Center Avenue, Visalia, CA 93292
      View Details
    • $373,100
      1,456 SF

      Visalia Professional Office Building

      Well-maintained 1,456 SF office building suitable for medical or professional use.
      1644 S Court Street, Visalia, CA 93277
      View Details
    • $490,000
      1,982 SF

      Visalia Commercial Mixed-Use Property

      Commercial property in Visalia, CA, suitable for various business purposes.
      1837 W Sunnyside Avenue, Visalia, CA 93277
      View Details
    • $835,000
      3,000 SF

      Visalia Multi-Residence Country Property

      Gated country property with three residences and Sierra Nevada views.
      34854 Rd 124, Visalia, CA 93291
      View Details
    • $600,000
      2,266 SF

      Visalia Triplex Near Sequoia Mall

      Triplex in Visalia near revitalized area with growth potential.
      2520-2524 W Victor Avenue, Visalia, CA 93277
      View Details
    • $580,000
      955 SF

      New Construction Energy-Efficient Duplex

      New construction duplex with modern design and energy efficiency.
      3104 E Tulare Avenue, Visalia, CA 93292
      View Details
    • $580,000
      955 SF

      New Construction Duplex in Visalia

      New energy-efficient 2-bed/2-bath duplex in a prime location.
      3002 E Tulare Avenue, Visalia, CA 93292
      View Details
    • $580,000
      955 SF

      New Construction Duplex in Visalia

      New, energy-efficient 2-bed, 2-bath duplex in a prime location.
      3028 E Tulare Avenue, Visalia, CA 93292
      View Details
    • $580,000
      955 SF

      New Visalia Duplex with Solar

      New construction, energy-efficient duplex with modern design in Visalia.
      2940 E Tulare Avenue, Visalia, CA 93292
      View Details

    FAQs

    What type of property is this?
    Apartment building - Well-maintained multifamily property in Visalia, CA, near downtown.
    Where is this apartment building located?
    The property is located at 517 N Church Street Visalia, CA.
    What is the asking price?
    The asking price for this property is $585,000.
    What are key features of this property?
    This property features: Multi‑unit property in NW Visalia, CA; Walking distance to Downtown Visalia; Each unit features its own laundry closet
    (559) 804-6774
    We can help!
    Listing Contact
    Vince Arbizo
    Real Estate License ID: 01786420
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    517 N Church Street, Visalia, CA 93291
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!