Eight Unit Multifamily Investment Opportunity.
Great Income, Modern Upgrades, Strong Rental Demand, Brand New Roof, Brand New Paint, newer AC units.
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: $1,400. Fresh interior paint, new floors.
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. (Hosing Voucher)
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: $9,731.00
Total Annual Income: $116,772
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:
Brand new Roof.
Brand new outdoor paint.
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.
This 8 unit asset is ideal for investors seeking an income producing property with a balanced mix of renovated units and value add potential. There is room for improvements in the rents.
Great Income, Modern Upgrades, Strong Rental Demand, Brand New Roof, Brand New Paint, newer AC units.
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: $1,400. Fresh interior paint, new floors.
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. (Hosing Voucher)
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: $9,731.00
Total Annual Income: $116,772
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:
Brand new Roof.
Brand new outdoor paint.
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.
This 8 unit asset is ideal for investors seeking an income producing property with a balanced mix of renovated units and value add potential. There is room for improvements in the rents.
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
See this Listing
Schools
Interior
Laundry Features
AR
Levels
U
Exterior
Common Walls
_2CW
Community Features
CRB
Parking Spots
23
Parking Total
23
Financial
Map
Community
- Address3940 E Burns Fresno CA
- CityFresno
- CountyFresno
- Zip Code93725
Market Summary
Current real estate data for Single Family in Fresno as of Aug 10, 2026
143
Single Family Listed
78
Avg DOM
254
Avg $ / SqFt
$559,156
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 $254. The average listing price for Single Family in Fresno is $559,156.
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Courtesy of Universal Realty Services, Inc. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved.3940 E Burns
Fresno, CA