3136 W Austin Way

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3136 W Austin Way

Fresno, CA 93722
Asking Price
$550K
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • The property is available for purchase at $549,900.
  • This multifamily building contains two residential rental units.
  • The site is positioned within the city of Fresno.
  • It is located in a steady California suburban market.
  • The asset supports a residential rental investment strategy.

What's Special

Priced at $549,900, this multifamily apartment building located at 3136 W Austin Way provides a clear investment entry point within the Fresno market. The property consists of two distinct residential units, offering a manageable scale for investors looking to expand their portfolio in this region of California. Fresno serves as a primary hub for the San Joaquin Valley, supporting a diverse economy driven by agriculture, healthcare, and educational institutions. Its central location in the state ensures ongoing demand for stable rental housing solutions. This asset type is suitable for those pursuing a straightforward rental income strategy or seeking to manage a compact residential hold in a growing suburban setting. The property footprint allows for efficient operations while benefiting from the broader economic stability found within the Fresno metropolitan area. Potential owners can utilize this duplex to capitalize on the steady occupancy trends common among regional residential assets.

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NOI
$80,000
Cap Rate
14.55%
DSCR
2.45
Strong
Cash-on-Cash
28.70%
Monthly Payment
$2,720.605
Annual Cash Flow
$47,352.738

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