This investment opportunity features three separate structures totaling 8 units and approximately 4,164 square feet of living space on a 15,750 square foot lot (per tax records). Currently generating approximately $8,000 per month in gross scheduled rents, the property offers a strong in-place return with a 6.9% cap rate and a 9.4 GRM under current operations. This is a true cash-flow asset - well-positioned for both steady income and long-term appreciation. Whether you're expanding your portfolio or seeking a low-maintenance investment, this property represents a rare opportunity to acquire a high-performing asset in a solid rental market. Please do not walk the grounds or disturb the tenants; write all offers subject to interior inspection. SELLER FINANCING may be considered with at least 20% down.
For sale
$899,000
329 N Glenn Ave, Fresno, CA 93701
7beds
8baths
4,164sqft
Est.:
Multi Family
Built in 1953
-- sqft lot
$832,200 Zestimate®
$216/sqft
$-- HOA
What's special
Three separate structures
- 89 days
- on Zillow |
- 326 |
- 17 |
Zillow last checked: 7 hours ago
Listing updated: July 30, 2025 at 04:12pm
Listed by:
Jin Kim DRE #01456017 760-987-5332,
The JKRE Investment Group
Source: Fresno MLS,MLS#: 629881Originating MLS: Fresno MLS
Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 8
Heating
- Has Heating (Unspecified Type)
Cooling
- Central Air
Features
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 4,164
- Total interior livable area: 4,164 sqft
Property
Parking
- Parking features: Open
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
Lot
- Size: 0.36 Acres
- Features: Urban
Details
- Parcel number: 45915108
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Stucco, Wood Siding
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- Year built: 1953
Utilities & green energy
- Water: Public
- Utilities for property: Public Utilities
Community & HOA
Location
- Region: Fresno
Financial & listing details
- Price per square foot: $216/sqft
- Date on market: 5/6/2025
- Listing agreement: Exclusive Right To Sell
- Tenant pays: Electricity, Gas
- Income includes: Unit Rent
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