8-Unit Apartment
New
For Sale
$1,300,000
800 W Murray Avenue, Visalia, CA 93291
MULTI_FAMILY - Visalia, CA
Property Size5,032 SF
Lot Size0.20 Acres
Price / SF$258.35
Days on Market3
Property Features for 800 W Murray Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
12
Bathrooms
8
Full bathrooms
8
Rooms
Bedroom 8, Bedroom 6, Bedroom 3, Bathroom 1, Bathroom 7, Bedroom 11, Bedroom 4, Bathroom 3, Bedroom 7, Bedroom 10, Bathroom 5, Bedroom 9, Bathroom 4, Bathroom 8, Bathroom 2, Bathroom 6, Bedroom 1, Bedroom 12, Bedroom 2, Bedroom 5
Parking features
Carport
Exterior features
Stucco, Wood
High school district
Visalia Schools
Directions
West on Murray, right on Stevenson
Subdivision
291
Standard status
Active
APN
093171003
Size
5,032 SF
Lot size
0.20 Acres
Building Details
Year built
1978
Floors in Building
2
Number of units
8
Roof type
Tile, Composition
Listing Agency:
Fresno Income Properties
(559) 438-9410
Listed By:
Roy Cordova · License #01944933
(559) 438-9410
Added: Aug 3
Changed: Aug 4
Last Checked: Aug 5 at 9:06AM
MLS# 653164
Copyright © 2026 Fresno Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 8-unit apartment building contains 5,032 square feet and was built in 1978. The unit mix includes four 1-bedroom/1-bath apartments and four 2-bedroom/1-bath apartments. Several units have received interior updates, including new flooring, kitchen countertops, appliances, fixtures, and bathroom improvements such as tub/showers, vanities, countertops, and fixtures. Exterior materials include stucco and wood, with tile and composition roofing.
The property occupies a 0.2-acre corner lot at 800 W Murray Avenue in Visalia, California, with carport parking. Vacant units may be delivered leased or vacant, subject to the selected arrangement. The property includes a range of unit layouts within a compact multifamily configuration.
The property occupies a 0.2-acre corner lot at 800 W Murray Avenue in Visalia, California, with carport parking. Vacant units may be delivered leased or vacant, subject to the selected arrangement. The property includes a range of unit layouts within a compact multifamily configuration.
Key Highlights
- 8‑unit apartment building with 5,032 square feet
- Balanced mix: four 1‑bedroom/1‑bath and four 2‑bedroom/1‑bath units
- Located on a 0.2‑acre corner lot at 800 W Murray Avenue, Visalia, CA 93291
Financial Insights For Apartment 5plus
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 | $81.5k | $16.20 |
| − Vacancy | −$5.5k | −$1.10 |
| EGI | $76.0k | $15.10 |
| − OpEx | −$34.2k | −$6.79 |
| NOI | $41.8k | $8.30 |
5,032 SF · lease $16.20/SF/yr · vacancy 6.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$596.9K
$522.3K – $696.4K
NOI $41,786 @ 7.0% cap · market cap 3.21%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.38M
$1.21M – $1.61M
NOI $96,494 @ 7.0% cap · market cap 7.42%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
8
Residential units
Location Intelligence
Trade Area within ½ mile
2,879
Businesses Nearby
Explore this area
Business Placement
Demographics for 93291, CA
63,366
Population
19,866
Households
3.2
Avg Household Size
32
Median Age
24%
College-Educated
81%
High-School Grad
84.2 sq mi
ZIP Area
753
Density / Sq Mi
$81,502
Median Household Income
$41,778
Median Earnings
$1,331
Median Rent
$381,600
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Apartment building - Corner-lot multifamily property with a balanced unit mix and selectively renovated interiors.
Where is this apartment building located?
The property is located at 800 W Murray Avenue Visalia, CA.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: 8‑unit apartment building with 5,032 square feet; Balanced mix: four 1‑bedroom/1‑bath and four 2‑bedroom/1‑bath units; Located on a 0.2‑acre corner lot at 800 W Murray Avenue, Visalia, CA 93291
