3109 N Thorne Avenue, Fresno, CA 93704

Local realty services provided by:ERA Valley Pro Realty
3109 N Thorne Avenue,Fresno, CA 93704
$2,164,000
  • 32 Beds
  • - Baths
  • 17,472 sq. ft.
  • Multi-family
  • Active
Listed by: dustin ilic
Office: visintainer group
MLS#:641090
Source:CA_FMLS

Price summary

  • Price:$2,164,000
  • Price per sq. ft.:$123.86

About this home

16-Unit Complex - All 2 Bed 1.5 Bath Townhomes - Strong Value-Add Opportunity Current rents are approximately 45% below market, presenting a compelling opportunity to unlock substantial upside in revenue, cash flow, and overall asset value. Investors can drive income growth through natural lease turnover, light interior improvements, and by reactivating the on-site laundry room to capture additional ancillary income.Desirable, High-Demand Unit Mix: The property consists entirely of 2-bedroom / 1.5-bath townhomes, each over 1,100 SF - a unit type in high demand among families and long-term renters. These larger floorplans tend to attract strong tenants, reduce turnover, and maximize occupancy and net operating income while minimizing annual turnover expenses. Prime Central Fresno Location with High Renter Demand:Ideally located across from Dailey Elementary Charter School and within 1.5 miles of Fresno<span style="font-size:" 10pt;="">High School and Fresno City College, the property

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Home facts

  • Year built:1966
  • Listing ID #:641090
  • Added:18 day(s) ago
  • Updated:January 03, 2026 at 04:01 PM

Rooms and interior

  • Bedrooms:32
  • Living area:17,472 sq. ft.

Heating and cooling

  • Cooling:Central Heat/Cool

Structure and exterior

  • Year built:1966
  • Building area:17,472 sq. ft.
  • Lot area:0.6 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$2,164,000
  • Price per sq. ft.:$123.86
MLS LogoBased on information from the Fresno Association of REALTORS® (alternatively, from the Fresno MLS)as of (January 3, 2026). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy.Properties may or may not be listed by the office/agent presenting theinformation.

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