multi family

Multi Family Homes for Sale in Fresno CA

Multi-family homes are made up of a single building divided into separate units. Such homes can range from duplexes, typically featuring two dwellings within a single building, to multi-unit complexes, such as condominiums or townhomes.

Owners of multi-family homes often choose to live in one of the units and rent out the others, acting as an on-site manager. This is a convenient way to reduce personal living expenses. However, many investors also choose to live elsewhere and hire a professional property manager to oversee their rental properties.

Multi-family units can be an extremely lucrative real estate purchase. Fortunately, their growth opportunities often far outweigh their initial investment cost.

Are you ready to turn adversity into opportunity? We present to you a unique and exciting project - a 12-unit building that has faced the challenge of a fire and is now missing its top floor. This may sound like a daunting task, but for the visionary investor or developer, it's a canvas for creation.This is a fire damaged property, must use extreme caution. Do not enter premises without proper authorization. Previously all 12 units were occupied, but currently uninhabitable in present condition. Property details reflect data prior to fire damage. Unique opportunity for investor/developer to redevelop or rehab and achieve market rents immediately. All units were previously spacious one bedrooms. Close to downtown and all major highway access. Located in close proximity to all major businesses and downtown employers. Tremendous opportunity to build to a new owner's specs and achieve market rents. Full extent of damages unknown. Buyer to perform own due diligence and necessary investigations to satisfy any requirements for repairs, permits and building codes. Please do not attempt to enter property without proper notice and completion of indemnity/hold-harmless agreement. Info deemed reliable but not guaranteed, buyer to verify all.This is your chance to make a mark in the real estate market by turning adversity into a unique asset. Contact us today to discuss how you can be part of this exciting project. The future of this property is in your hands. Seize the opportunity. $355,000 Active

330 E oak Street Stockton, California

1 Beds 1 Baths 7,395 SqFt 0.115 Acres

Welcome to 1917 E Lewis. This property features two separate homes. The front house has a large living room, formal dining room, den, kitchen, bedroom, bathroom and office downstairs. While going upstairs there is 3 additional bedrooms, and another bathroom. This home has a basement. The back home is a 1 bedroom 1.5-bathroom home with a living room and kitchen. Both homes have their own laundry areas, and electrical boxes. Between each house is a large covered carport/patio and there is also 2 storage units. The property is completely fenced around and sits on a corner lot. This home is in close proximity to HWY 180, Tower District, McDonald's, Denny's, Rite Aid, Harbor Freight, Community Regional Medical Center, Mathews Harley Davison and much more. Contact your Realtor today! $359,900 Active

1917 E Lewis Avenue Fresno, California

5 Beds 3.5 Baths 2,636 SqFt 0.224 Acres

3 units(Triplex), each unit contains 2 bedrooms,1 bath with good floor plan, low maintenance and long terms tenants. The adjacent 3 units (Triplex) with similar characteristics and amenities also available for purchase. Close proximity to schools. Great upside potentials and priced to sell, call your Realtor today! $362,500 Active

465 Brooks Drive Lemoore, California

6 Beds 3 Baths 2,250 SqFt 0.156 Acres

3 units(Triplex), each unit contains 2 bedrooms,1 bath with good floor plan, low maintenance and long terms tenants. The adjacent 3 units (Triplex) with similar characteristics and amenities also available for purchase. Close proximity to schools. Great upside potentials and priced to sell, call your Realtor today! $362,500 Active

455 Brooks Drive Lemoore, California

6 Beds 3 Baths 2,250 SqFt 0.156 Acres

This property encompasess two individual homes on a huge 11,000 square foot lot. Each home is 848 square feet in size and includes newer roofs. $365,000 Active

1309 O Street Sanger, California

2 Beds 1 Baths 848 SqFt 0.258 Acres

This charming triplex presents a fantastic opportunity for investors or those seeking an income property. Located conveniently close to the local park and just a short walk away from a lively shopping center, this property offers both convenience and accessibility. There are three seperate units in this triplex, each offering comfortable living spaces and necessary amenities. Currently rented, this property provides an excellent source of steady rental income and is a promising investment opportunity. In addition to its prime location and exciting income potential, the property features a community courtyard, providing residents with a shared outdoor space to relax and unwind. This area adds to the overall appeal of the property and creates a sense of community amongst its residents. The triplex at 407 W. Polk Street offers a unique opportunity in the real estate market. Don't miss out on the chance to own this incredible property. $475,000 Active

407 W Polk Street Coalinga, California

7 Beds 4 Baths 3,460 SqFt 0.189 Acres

Turn key duplex in excellent condition. These well maintained units have updated dual pane windows, central heat and cool, and great curb appeal. Fronting Jensen Ave and zoned CP, this duplex offers a versatile opportunity. It can be utilized for commercial professional offices, providing an excellent prospect for potential business owners looking for a prime location. Alternatively, continue to benefit from the current rental income as residential units. Current rental rates are conservatively priced at $925 each with plenty of room to increase. Added bonus of convenient separate water meters. Don't miss out on this fantastic investment opportunity. Contact us today for additional information before it's gone. $485,000 Active

676 Lyon Avenue Sanger, California

4 Beds 2 Baths 1,900 SqFt 0.157 Acres

Great duplex... units A & B offering 3 bedrooms, 1.5 baths, family room, inside laundry. Country living on 2.5 acres.The rents are very low in today's market. $495,000 Active

16219 Austin Street Madera, California

6 Beds 3 Baths 1,962 SqFt 2.500 Acres

Types of multi-family homes

There are several types of multi-family homes and each home is unique in terms of living space and layout. The different types include:


A condo is a unit owned within a complex that is made up of other individually owned units. Condo owners usually pay a monthly fee to a homeowners association to cover the cost of upkeep and the various services and amenities included. 

Semi-detached house

Semi-detached homes often share one wall with another home. These homes are often more affordable than a free-standing single-family home. Semi-detached homes are cheaper to maintain since the owners of the properties often share maintenance expenses on the exterior of the units.


A duplex refers to two units connected via a floor, ceiling, or a common wall. A triplex is made up of three units. In both cases, each unit usually has its own private entrance and a separate garage and/or yard.


Townhomes are much like condos, however, they often consist of more than one level per unit and are much more spacious. Like condos, townhomes require a lot less maintenance than single-family homes since exteriors and amenities are usually managed by a homeowners association. 

Who are multi-family homes best for?

Multi-family homes are a great choice for multi-generation families who are interested in owning property together while still enjoying their personal space. Such homes range from two- to four-units and are convenient for extended families looking to live under one roof while enjoying privacy and benefits that often come with a single unit.

Multi-family homes for sale are also great for real estate investors. Those who are looking at investing in real estate to generate future income/wealth could find multi-family homes a smart investment. However, it is important to remember that one must be prepared for the time commitment and responsibilities that come with being a landlord. 

An added benefit is that it can enable you to live cost-free in one unit while renting out the other units to generate income. This approach helps cancel out monthly living expenses, quickly boosting your overall return on investment. When the entire mortgage is covered by rental income, not only are you living rent-free, but the property also becomes a lucrative stream of passive income.

Advantages of multi-family homes

Owning a multi-family home allows you to reap numerous benefits. Some advantages of owning a multi-family home are:

Tax benefits

The Internal Revenue Service offers several tax breaks for landlords such as the ability to deduct property taxes, mortgage interest, and repair/maintenance costs related to the property. All expenses can be deducted from your taxes when the home is considered a rental, but not when you are living in it as your primary residence. By reducing income, such write-offs help numerous investors save immensely on their annual income taxes.

Rental income

This is one of the major benefits of owning a multi-family home. As the property generates income from tenants, the income assists in offsetting ownership costs. Also, if the price is right, the extra rental income can often help owners invest in more rental units, ultimately creating a much larger real estate portfolio. Multi-family homes also often appreciate at a much higher rate which is advantageous to homeowners, helping them create a greater return on their investment. 

Building a community

Multi-family homes are a great way to build a strong sense of community. When a complex maintains great tenants and everyone bonds well, renters usually stay at the property for multiple years, helping to generate a long-term, stable income stream.

More cash flow

Numerous units in one property result in more cash flow. Each additional family unit increases profit, allowing owners to make more money in comparison to a single-family property.

Tips for buying multi-family homes

Multi-family homes for sale are a great investment since each individual unit can be rented out to generate income. However, it should still be noted that owning rental units can prove to be challenging if you purchase blindly or without previous knowledge or experience. At The Dehlan Group, we are very skilled in all aspects of multi-family homes purchases and can help make sure you do not make costly mistakes. Some key points to consider are:

Choose location wisely

Simply put, location is key. Being able to identify the best location and keeping an eye out for the best deal are key factors in purchasing a multi-family unit. The location of the property should ideally be in a family-friendly community with close proximity to shopping, schools, medical care and entertainment. Easy-access communities are ideal; if tenants have trouble getting to the property from main streets/freeways, they will often go for another, more convenient option. The safety rating of the neighborhood is also very important and should be thoroughly considered.

Overestimate expenses

Investing in a multifamily home often presents unexpected expenses. When planning a purchase or remodeling/repair budget, it is wise to overestimate expenses so that you are prepared for all scenarios. This helps to ensure that you are not left with an expensive or costly surprise.

Inspect the unit thoroughly before purchasing 

Before buying a multi-family home, it is important to make sure to perform proper inspections and ensure all maintenance is completed and up to code. Any deferred maintenance can mean additional costs for you since you will be responsible for the extra repairs after you have purchased the property. Being proactive in this area can save you a ton of money and increase your return on investment more quickly. 

Work with an experienced real estate agent 

When purchasing a multi-unit property, there are some significant differences from single-units that should be considered during the buying process. It is crucial to work with a qualified real estate agent who is familiar with the specifics of multi-family homes. Our agents at The Dehlan Group are happy to guide you through the entire purchasing process. We have the skills and knowledge necessary to guarantee a smooth transaction and to make sure you are making a wise investment. 

Multi-family homes are a great investment 

Investing in a multi-family home is a perfect way to grow your real estate portfolio while simultaneously bringing in additional income. Depending on the number of units purchased, a multi-family property can either be a passive income side project or a massive undertaking. We recommend only purchasing a property size that you can comfortably manage and afford. 

If you are ready to purchase a multi-family home in Fresno, California, we recommend reaching out to our experienced real estate professionals at The Dehlan Group to get started today. You can trust our agents to help you make suitable investment decisions and locate the perfect property to add to your real estate investment portfolio.