1300 Marion Street, Kingsburg, CA 631

$1,550,000
9
BD
6
BA
4,676
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$1,550,000
Status
ACTIVE
MLS#
648316
Price Change
▼ $150,000 1784153468
Property Type
Single Family Residence
Bedrooms
9
Bathrooms
6
Full Bathrooms
6
Living Area
4,676
Lot Size
18,748
Acres
0.43
County
Fresno

Property Description

6 Homes (5 Single Family homes plus an apartment) Investment Opportunity | Strong Kingsburg Rental Market | Value-Add UpsideRare opportunity to acquire a 6 home income-producing portfolio across three contiguous downtown parcels totaling 18,750 sq ft in the highly desirable and supply-constrained Kingsburg rental market. This unique offering includes a mix of 5 single-family homes and an apartment unit, all fully rented with strong inplace income and excellent upside potential.Total Current Monthly Income: $8,450 | Annual: $101,400Unit Breakdown upon requestUnits have been tastefully updated, including new tile showers, flooring, granite etc, enhancing tenant appeal and minimizing near-term capital expenses, while one unit remains largely original offering an additional value-add opportunity for increased rents.Property Highlights3 separate legal lots (flexibility for future sale or development)18,750 sq ft total lot size - unusually large for this areaR2 zoning - potential for additional units or expansion (buyer to verify)Majority of units have been partially remodeledExcellent tenant appeal with a mix of 1 and 2 bedroom unitsAlso includes garage, mini cold storage, large storage shed and 2 root cellars.Prime Location Ideally located across from churches and a park, providing a desirable setting for tenants. Kingsburg continues to be a strong rental market with consistent demand.Why This Property Stands OutMultiple parcels = flexibility + future exit strategiesLarge lot size = development potentialBelow-market rents = built-in equity growthSolid tenant demand areaKingsburg continues to experience strong rental demand with limited inventory, and current rents are believed to be below market, providing a clear path for future income growth and improved returns.The property spans three separate APNs and has historically functioned as a cohesive multi-unit investment.All parcels to be sold together.Opportunities like this are rarescale, location, zoning, and upside all in one package. Whether you're looking to increase cash flow, add units, or hold for appreciation, this property checks every box.Buyer to verify all information, including lot lines, boundary conditions, and any potential non-conforming improvements.

Additional Information

Stories
1
Garage Spaces
2
Basement
Partial
Foundation
Concrete, Wood Sub Floor
Parking Features
Potential RV Parking, Carport, Open, Work/Shop Area, On Street, Circular Driveway
Roof
Composition
Utilities
Public Utilities
Elementary School
Reagan
Middle School
Rafer Johnson
High School
Kingsburg Schools

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of listing agent Kelly Bennett with Kelly Bennett, Broker, 559-250-7001.

Based on information from the Fresno Association of REALTORS® as of . 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 or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.