3940 E Burns
Fresno, CA, 93725
$1,175,000
Beds
0 Baths
0 SqFt
0.29 Acres
Add
MLS #FR26090586 image #0
Eight Unit Multifamily Investment Opportunity. Stabilized Income. Modern Upgrades. Strong Rental Demand. Brand New Roof.

This 8 unit multifamily asset offers a full 2 Bedroom, 1 Bath configuration, a consistently high demand layout in the Fresno rental market. Every residence has received new interior paint within the last year, creating a clean and uniform presentation across the property. The building reflects ongoing ownership care, with a mix of upgraded interiors, modernized kitchens and baths, and strong in place rents. This is a stabilized, income producing asset with clear upside through continued modernization of legacy units.

Unit Mix and Interior Condition:

Unit 1: $1,050. Fresh interior paint.

Unit 2: $1,050. New flooring. Clean interior profile.

Unit 3: $1,200. New flooring. Fully remodeled kitchen with granite and new cabinets. New bathroom.

Unit 4: $1,175. New bathroom. New flooring. New stove.

Unit 5: $1,250. Full renovation completed one year ago. Modern kitchen, bath, flooring, and finishes.

Unit 6: $1,541. New windows. New paint. New stove.

Second Building (Units 7 and 8):

Unit 7: $1,090.

Unit 8: $1,025. New bathroom. New kitchen with cabinets, granite, and stove. New flooring and new paint.

Financial Summary:
Total Monthly Income: $9,381
Total Annual Income: $112,572

Operating Expenses (Annual):
Insurance: $4,700
Water and Sewer: $3,000
Trash: $2,800
Electric and Gas (Common): $900
Garden Care: $600
Pest Control: $600

Investment Highlights:
All units are 2 bed and 1 bath, the strongest rental configuration in this submarket.
Uniform interior paint across all eight units within the last year.
Multiple upgraded interiors with new kitchens, granite counters, cabinets, flooring, and bathrooms.
Stabilized rent roll with strong in place income.
Clear value add runway through modernization of legacy units.
Attractive pairing opportunity with the adjacent 6 unit property, enabling a 14 unit portfolio on one block. 2452 S 9th St. Fresno CA 93725 for Sale at $825,000.
This 8 unit asset is ideal for investors seeking a stabilized, income producing property with a balanced mix of renovated units and value add potential.

Property Details

Price:
$1,175,000
MLS #:
FR26090586
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Apartment
Listed Date:
Apr 27, 2026
Total Sq Ft:
5,400
Lot Size:
12,760 sqft / 0.29 acres (approx)
Year Built:
1963

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Schools

Interior

Laundry Features
AR
Levels
U

Exterior

Common Walls
_2CW
Community Features
CRB
Parking Spots
23
Parking Total
23

Financial

Net Operating Income
$104,672

Map

Community

Market Summary

Current real estate data for Single Family in Fresno as of Jun 02, 2026
135
Single Family Listed
76
Avg DOM
265
Avg $ / SqFt
$548,923
Avg List Price

Property Summary

    3940 E Burns Fresno CA is a Single Family for sale in Fresno, CA, 93725. It is listed for $1,175,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1963. The average price per square foot for Single Family listings in Fresno is $265. The average listing price for Single Family in Fresno is $548,923.

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