402 N Poplar Ave - Apartments FOR SALE


Fresno, CA 93701- Lowell
$739,900 USD
760-987-5332
402 N Poplar Ave, Fresno, CA for Sale
$739,900 USD
Apartments - FOR SALE
1/7
null | 6.78% Cap Rate

402 N Poplar Ave
Fresno, CA 93701
Lowell


HIGHLIGHTS

  • Clean termite inspection from March 24, 2026
  • Turnkey investment
  • Located near Downtown Fresno and the Tower District
  • On-site laundry room for extra income
  • Low operational expenses

OVERVIEW

Turnkey 4-unit investment offering a 6.78% cap rate at current rents. All four units are fully occupied at $1,400 per month, each a spacious townhome-style 2 bedroom, 1.5 bathroom floor plan with a private patio. The property was completely restored approximately 10 years ago and has been well maintained since, allowing a new owner to step into consistent, day-one cash flow with no deferred projects.Every unit features central heating and air conditioning, and three of the four units enjoy gated entry. An on-site washer and dryer, leased through WASH, generates monthly supplemental income with no equipment ownership or maintenance burden to the owner.With full occupancy, market-level rents, townhome-style layouts that rent quickly, and laundry income on top, 402 N Poplar Ave is a clean, low-management addition to any portfolio.

FOR SALE DETAILS

PRICE

$739,900 USD

PRICE/SF

$217 USD /SF

# OF UNITS

4

PRICE/UNIT

$184,975

CAP RATE

6.78%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1979

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,250 SF

ZONING

RS5

APN/PARCEL ID

459-055-17

ASK ABOUT THIS PROPERTY

Jeffrey KimColliersMore Info
760-987-5332

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Jeffrey KimColliersMore Info
760-987-5332

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.