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14-Unit Multifamily Property
For Sale
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636 E Roosevelt Ave, Visalia, CA 93292

Nine separate structures include detached homes and duplexes, with private backyards and on-site contractor storage.

Property SizeContact for details
Lot Size1.22 Acres
Days on Market19

Property Features for 636 E Roosevelt Ave

General Information

Standard status Active
Lot size 1.22 Acres
Property subtype Multifamily

Financials

Asking Price $1,700,000
Cap Rate 7.07%

Units

Unit Mix 8 x 1BR, 6 x 2BR
Multifamily Units 14

Additional Details

Utilities to Site Yes

Building Details

Buildings 9
Listing Agency: The Equity Group
Listed By: Franklin Romine · License #01367450
Source: Crexi
Added: Sep 8 Changed: Sep 26 Last Checked: Sep 26 at 6:45AM

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 The Equity Group

Investment Insights

Based on property information with market context.

Roosevelt Cottages comprises 14 units across nine separate structures: four single-family homes and five duplexes. The unit mix includes eight one-bedroom residences and six two-bedroom residences, with each unit featuring its own backyard. Asphalt driveways and limited landscaping support a straightforward grounds-maintenance profile.

The 1.22-acre property includes a fenced, gravel-secured 6,000 square foot contractor storage yard and a separate owner storage garage. City of Visalia water and sewer serve the site through three water meters. Nine units remain below market while five are already at forecasted market rents. New roofs have been installed across all nine buildings, along with exterior painting and renovations to multiple units. The property reflects a 7.07 percent cap rate on in-place rents and 10.40 percent on the market proforma.

Key Highlights

  • 14 units across 9 separate structures
  • Unit mix includes 8 one‑bedroom and 6 two‑bedroom units
  • 1.22‑acre property with 4 single‑family homes and 5 duplexes

Property Analytics

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Current Use

Multifamily properties

Suggested Use

Top Pick Garden Center Butcher Veterinary Clinic Tanning Salon Pet Store & Service (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

14
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

897
Businesses Nearby

Demographics for 93292, CA

43,316
Population
15,028
Households
2.9
Avg Household Size
34
Median Age
18%
College-Educated
84%
High-School Grad
114.7 sq mi
ZIP Area
378
Density / Sq Mi
$80,784
Median Household Income
$40,834
Median Earnings
$1,418
Median Rent
$330,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Multifamily property - Nine separate structures include detached homes and duplexes, with private backyards and on-site contractor storage.
Where is this multifamily property located?
The property is located at 636 E Roosevelt Ave Visalia, CA.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: 14 units across 9 separate structures; Unit mix includes 8 one‑bedroom and 6 two‑bedroom units; 1.22‑acre property with 4 single‑family homes and 5 duplexes
(559) 804-4422 Call to check price and availability
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