537 W University

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537 W University

Fresno, CA 93705
Asking Price
$350K
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

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

  • Multifamily asset containing two apartment units for sale
  • Priced at 349,900 dollars for the residential property
  • Located in the 93705 area of Fresno California
  • Functional layout suitable for rental income investment strategies
  • Situated within the stable San Joaquin Valley economic region

What's Special

Investors seeking an entry-level multifamily asset in Fresno will find this two-unit apartment building at 537 W University a functional addition to a local portfolio. The property offers a straightforward residential investment opportunity within a established neighborhood of the 93705 zip code. Fresno serves as a primary hub for the San Joaquin Valley, providing a stable economic environment anchored by education, healthcare, and agricultural sectors that support a consistent demand for rental housing. This asset is positioned for buyers looking to manage a manageable multi-unit residential property in a growing California metropolitan area. Given its layout as a duplex, the building supports strategies focused on long-term rental income or potential owner-occupancy. Proximity to major local thoroughfares ensures connectivity across the city, making the location practical for a variety of tenant profiles. With a price point of $349,900, the property presents a clear value proposition for those looking to expand their presence in the regional multifamily market.

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NOI
$80,000
Cap Rate
22.86%
DSCR
3.85
Strong
Cash-on-Cash
56.42%
Monthly Payment
$1,731.114
Annual Cash Flow
$59,226.629

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