446 N Maple Ave, Fresno, CA 93702

Beds
12
Sqft
4,680

Sign in to view any offers or make an offer. View property features, location on map, relevant school information and overview from seller's agent.

Listed byThe JKRE Investment Group
  • 0
  • 0

Overview

This property is being offered concurrently with 190 N Van Ness Ave, Fresno, CA 93701, a multi-tenant office building. The office building must be sold first or must close concurrently with the sale of 446 N Maple Ave. Rare opportunity to acquire a fully-occupied six-unit multifamily property in Fresno with an immediate 6.77% day-one cap rate based on current scheduled rents and proforma operating expenses. 446 N. Maple Avenue delivers stabilized cash flow from day one, a return profile increasingly difficult to source in California today. All six units are currently leased, generating $7,150 per month ($85,800 annualized) in scheduled gross rent. Significant upside remains for the next owner. In-place rents range from $1,095 to $1,300 per unit, leaving room for measured organic growth. Fresno continues to benefit from steady population growth, expanding healthcare and agricultural employment, and persistent rental demand driven by California's broader affordability gap. The Central Valley remains one of the few California submarkets where investors can still acquire stabilized multifamily assets at yields approaching 7%. 446 N. Maple is an ideal acquisition for 1031 exchange buyers, private investors seeking turnkey cash flow, or operators looking for a value-add platform with built-in MTM rent upside. Financials, rent roll, and additional due diligence materials available upon request.

Location

Full feature list

Basic info

Property type
Multi-family
Number of stories
2
Number of bedrooms
12
Square feet
4,680
Lot size (acres)
0.14
Year built
1971

Utilities

Water
Public Water

Public schools

Loading

Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: Fresno MLS®#: 649048 Last checked:

Based on information from the Humboldt Association of REALTORS®. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be verified by broker for accuracy. Properties may or may not be listed by the office/agent presenting the information. Copyright ©2026 Humboldt Association of REALTORS®. All Rights Reserved.