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$1,550,000

Est. payment - /mo

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9 Beds

6 Baths

4,676 SqFt

Price Dropped by $150K

1300 Marion ST Kingsburg, CA 631

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Nathan King Real Estate Group

info@kingrealestate.group +1(559) 396-0000

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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 4,676 sqft

Price per Sqft $331

MLS Listing ID 648316

Bedrooms 9

Full Baths 6

HOA Y/N No

Lot Size 0.430 Acres

Property Sub-Type Single Family Residence

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.

Location

State CA

County Fresno

Rooms

Basement Partial

Interior

Cooling Central Heat & Cool, Wall/Window Unit(s)

Laundry Inside, In Garage, Utility Room

Exterior

Parking Features Potential RV Parking, Carport, Open, Work/Shop Area, On Street, Circular Driveway

Garage Spaces 2.0

Utilities Available Public Utilities

Roof Type Composition

Private Pool No

Building

Lot Description Rural, Sprinklers In Front, Sprinklers Auto, Mature Landscape

Story 1

Foundation Concrete, Wood Sub Floor

Sewer Public Sewer

Water Public

Additional Building Accessory Dwelling Unit

Schools

Elementary Schools Reagan

Middle Schools Rafer Johnson

High Schools Kingsburg Schools

Listed by Kelly Bennett Kelly Bennett, Broker

Nearby School & Business

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Nathan King Real Estate Group

Broker | License ID: 01878277

+1(559) 396-0000

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