446 N Maple Avenue, Fresno, CA 93702
Local realty services provided by:ERA Valley Pro Realty
446 N Maple Avenue,Fresno, CA 93702
$799,900
- 12 Beds
- - Baths
- 4,680 sq. ft.
- Multi-family
- Active
Listed by: jin kim
Office: the jkre investment group
MLS#:649048
Source:CA_FMLS
Price summary
- Price:$799,900
- Price per sq. ft.:$170.92
About this home
This property is being offered concurrently with 190 N Van Ness Ave, Fresno, CA 93701, a multi-tenant office building. The office building must be sold first or must close concurrently with the sale of 446 N Maple Ave. Rare opportunity to acquire a fully-occupied six-unit multifamily property in Fresno with an immediate 6.77% day-one cap rate based on current scheduled rents and proforma operating expenses. 446 N. Maple Avenue delivers stabilized cash flow from day one, a return profile increasingly difficult to source in California today. All six units are currently leased, generating $7,150 per month ($85,800 annualized) in scheduled gross rent. Significant upside remains for the next owner. In-place rents range from $1,095 to $1,300 per unit, leaving room for measured organic growth. Fresno continues to benefit from steady population growth, expanding healthcare and agricultural employment, and persistent rental demand driven by California's broader affordability gap. The Central Valley remains one of the few California submarkets where investors can still acquire stabilized multifamily assets at yields approaching 7%. 446 N. Maple is an ideal acquisition for 1031 exchange buyers, private investors seeking turnkey cash flow, or operators looking for a value-add platform with built-in MTM rent upside. Financials, rent roll, and additional due diligence materials available upon request....
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Home facts
- Year built:1971
- Listing ID #:649048
- Added:44 day(s) ago
- Updated:July 01, 2026 at 03:10 PM
Rooms and interior
- Bedrooms:12
- Living area:4,680 sq. ft.
Heating and cooling
- Cooling:Wall/Window Unit(s)
- Heating:Floor or Wall Heat
Structure and exterior
- Roof:Composition, Wood
- Year built:1971
- Building area:4,680 sq. ft.
- Construction Materials:Stucco
- Foundation Description:Concrete Perimeter
- Levels:2 Story
Utilities
- Water:Public
Finances and disclosures
- Price:$799,900
- Price per sq. ft.:$170.92
Parking
- Parking description:Carport
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