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3940 E Burns Avenue
Fresno CA 93725 US

$1,195,000

Active Listing ID 647009
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16 bed
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8.00 Bath (8 Full)
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Lot: 0.29 Acres
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Other

$1,195,000

Active Listing ID 647009
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3940 E Burns Avenue Eight Unit Multifamily Investment Opportunity. Great Income, Modern Upgrades, Strong Rental Demand, Brand New Roof, Brand New Paint, newer AC units.This 8 unit multifamily asset offers a full 2 Bedroom, 1 Bath configuration, a consistently high demand layout in the Fresno rental market. Every residence has received new interior paint within the last year, creating a clean and uniform presentation across the property. The building reflects ongoing ownership care, with a mix of upgraded interiors, modernized kitchens and baths, and strong in place rents. This is a stabilized, income producing asset with clear upside through continued modernization of legacy units.Unit Mix and Interior Condition:Unit 1: $1, 400. Fresh interior paint, new floors.Unit 2: $1, 050. New flooring. Clean interior profile.Unit 3: $1, 200. New flooring. Fully remodeled kitchen with granite and new cabinets. New bathroom.Unit 4: $1, 175. New bathroom. New flooring. New stove.Unit 5: $1, 250. Full renovation completed one year ago. Modern kitchen, bath, flooring, and finishes.Unit 6: $1, 541. New windows. New paint. New stove. (Hosing Voucher)Second Building (Units 7 and 8):Unit 7: $1, 090. Unit 8: $1, 025. New bathroom. New kitchen with cabinets, granite, and stove. New flooring and new paint.Financial Summary:Total Monthly Income: $9, 731.00Total Annual Income: $116, 772Operating Expenses (Annual):Insurance: $4, 700Water and Sewer: $3, 000Trash: $2, 800Electric and Gas (Common): $900Garden Care: $600Pest Control: $600Investment Highlights:Brand new Roof.Brand new outdoor paint.All units are 2 bed and 1 bath, the strongest rental configuration in this submarket.Uniform interior paint across all eight units within the last year.Multiple upgraded interiors with new kitchens, granite counters, cabinets, flooring, and bathrooms.Stabilized rent roll with strong in place income.Clear value add runway through modernization of legacy units.This 8 unit asset is ideal for investors seeking an income producing property with a balanced mix of renovated units and value add potential. There is room for improvements in the rents.

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Property Features

  • Facts
  • Lot Size: 0.29 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 8
  • Exterior Finish: Stucco, Stone
  • Roof Type: Composition

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 1195000
  • unparsedaddress: 3940 E Burns Avenue
  • postalcity: Fresno
  • stateorprovince: CA
  • country: US
  • postalcode: 93725
  • bathroomsfull: 8
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.2929
  • lotsizeunits: Acres
  • lotsizearea: 0.2929
  • livingarea: 5400
  • livingareaunits: Square Feet
  • latitude: 36.711916
  • longitude: -119.758179
  • listagentfullname: Gautam Atri
  • listagentemail: kyle@universalrealty.org
  • listagentkey: 3yd-FARCA-22974
  • listagentmlsid: 22974
  • listagentpreferredphone: (559) 285-4841
  • listofficekey: 3yd-FARCA-83472
  • listofficemlsid: 83472
  • disclaimer: Copyright © 2026 Fresno Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: FARCA
  • yearbuilt: 1963
  • listingcontractdate: 2026-04-12
  • listagenturl: https://www.universalrealty.org/
  • countyorparish: Fresno
  • parcelnumber: 48027301
  • highschooldistrict: Fresno Unified
  • numberofunitstotal: 8
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 0
  • parkingfeatures: Covered, Carport
  • roof: Composition
  • waterfrontyn: False
  • franchiseaffiliation: None
  • exteriorfeatures: Stucco, Stone
  • rooms: Bedroom 7, Bedroom 6, Bedroom 2, Bathroom 6, Bathroom 7, Bedroom 9, Bedroom 10, Bedroom 1, Bedroom 15, Bathroom 3, Bathroom 2, Bedroom 8, Bathroom 1, Bedroom 11, Bedroom 16, Bedroom 5, Bathroom 8, Bedroom 4, Bathroom 4, Bedroom 3, Bathroom 5, Bedroom 14, Bedroom 13, Bedroom 12
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -119.75818, 36.711918
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Universal Realty Services, Inc.", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"kyle@universalrealty.org", "ListBrokerageCity":"Clovis", "ListBrokerageCountry":"US", "ListBrokerageEmail":"kyle@universalrealty.org", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Universal Realty Services, Inc.", "ListBrokeragePhone":"(559) 285-4841", "ListBrokeragePostalCode":"93611", "ListBrokerageStateOrProvince":"CA", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"1520 Shaw Ave", "ListBrokerageWebsiteUrl":"https://www.universalrealty.org/", "ListOfficeAddress1":"1520 Shaw Ave ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"83472", "ListOfficeCity":"Clovis", "ListOfficeCountry":"US", "ListOfficeEmail":"kyle@universalrealty.org", "ListOfficePostalCode":"93611", "ListOfficeStateOrProvince":"CA", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - Fresno, CA", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/3940-E-Burns-Ave_Fresno_CA_93725_M27718-01782?f=listhub&s=FARCA&m=647009&c=rexren", "MLSModificationTimestamp":"2026-06-10 16:31:25", "Neighborhoods":[{"Description":null, "Name":"725"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 6/12/2026 7:39:50 PM GMT
Source Updated Date: 6/13/2026 6:49:26 PM GMT

Courtesy of: Gautam Atri, Universal Realty Services, Inc., kyle@universalrealty.org

Copyright © 2026 Fresno Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.