Discover an unbeatable investment opportunity at 642 N Thorne Ave, Fresno, CA 93728. This charming multifamily property features 7 units, including a mix of 2B1B apartments and studios, offering a total rental income of $81,660/year. With a 7% cap rate at 100% occupancy, this low-rise apartment building presents a lucrative investment in a desirable location just 15 minutes away from Fresno University and the vibrant Tower District. The property, listed at $725,000, comes with the added perk of a $10,000 discount when using the preferred lender. It is being sold as-is, ideal for savvy investors looking to maximize returns. Don’t miss this chance to own a piece of Fresno’s real estate market and generate consistent passive income.
Property Details
Price:
$725,000
MLS #:
623781
Status:
Active
Beds:
9
Baths:
7
Address:
642 N Thorne Avenue
Type:
Multi Family
Subtype:
5 to 15 Units
Neighborhood:
728
City:
Fresno
Listed Date:
Jan 15, 2025
State:
CA
Finished Sq Ft:
3,643
ZIP:
93728
Lot Size:
6,500 sqft / 0.15 acres (approx)
Year Built:
1927
See this Listing
Mortgage Calculator
Schools
School District:
Fresno Unified
Interior
Exterior
Financial
Map
Community
- Address642 N Thorne Avenue Fresno CA
- Area728
- CityFresno
- CountyFresno
- Zip Code93728
Similar Listings Nearby
- 464 E Calimyrna Avenue
Fresno, CA$899,000
0.14 miles away
- 3126 N Vagedes Avenue
Fresno, CA$875,000
3.86 miles away
- 628 N Fresno Street
Fresno, CA$829,000
0.02 miles away
- 4421 E Hedges Avenue
Fresno, CA$799,900
3.76 miles away
- 289 N Calaveras Street
Fresno, CA$749,900
0.51 miles away
- 373 383 N Fresno Street
Fresno, CA$725,000
0.24 miles away
- 3374 W Shields Avenue
Fresno, CA$725,000
3.80 miles away
- 728 W Vassar
Fresno, CA$716,888
3.08 miles away
- 3233 E Normal Avenue
Fresno, CA$665,000
3.44 miles away

642 N Thorne Avenue
Fresno, CA
LIGHTBOX-IMAGES