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https://www.londonproperties.com/property/link/fresno/653938/402-N-Poplar-Ave/Fresno/Downtown/https://www.londonproperties.com/images/props/fresno/full/653938.jpgLondon Properties Fresno Real Estate | 402 N Poplar Ave
Fully Leased Fourplex Investment opportunity in the heart of Central Fresno. This well-maintained property features four spacious townhome-style units, each offering 2 bedrooms and 1.5 bathroomsa desirable floor plan that supports strong tenant demand and long-term rental stability.The property underwent extensive renovations in 2016, with additional structural improvements completed in 2023, resulting in a clean, updated, and low-maintenance multifamily asset. Pride of ownership is evident throughout.All four units are currently rented at $1,400 per month, providing a total scheduled gross rental income of $5,600 per month, or $67,200 annually.Additional highlights include gated access serving Units 102 through 104 and an on-site laundry facility that provides added tenant convenience while generating supplemental income.Whether you're looking to expand your rental portfolio or acquire a manageable multifamily investment with established income in place, 402 N Poplar Ave offers an excellent opportunity for immediate cash flow and long-term appreciation.
Property Type
Multi Family
Property Subtype 1
Quadruplex
Year Built
1979
Region
Urban
Stories
Two
Total Units
4
Price Per Square Foot
$213
Price Per Acre
$5,051,568
Days On London
1
Cumulative Days On London
129
County
Fresno
REO / Bank Owned
No
Cross Street Address
Belmont Ave/Poplar
Directions
Take McKinley Ave west from Blackstone Ave and turn left on Poplar Ave. Property is down the street on the left.
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Last modified 1 day ago Fresno MLS last checked for updates 15 minutes ago
The data relating to real estate for sale on this web site comes in part from the Internet Data eXchange (IDX) of the Multiple Listing Service. Real estate listings are marked with the IDX logo and detailed information about them includes the name of the listing broker and the name of the listing agent. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Information herein deemed reliable but not guaranteed, representations are approximate, individual verification recommended.