$1,800,000
Visalia, CA 93292
MLS# 244294
19 beds | 14 baths | 11050 sqft
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Property Description
14-unit multifamily property on one 1.22-acre parcel in Visalia. The site has nine separate buildings (four homes and five duplexes), with eight 1-bed/1-bath units and six 2-bed/1-bath units. New roofs, dual pane windows, new stucco and siding, fresh paint on every unit, and several new HVAC units. Every unit has its own backyard, asphalt driveways keep grounds upkeep low. No green waste. The site also includes a garage for owner storage and a fenced, gated ±6,000 SF gravel yard with a pole shed, ready for contractor storage or to be leased out for additional income. In-place rents produce $166,680 a year. Nine units are still below market. Priced at $128,571 per unit.
Details
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Property Information
Property Sub-Type: Multi Family
New Construction: No
Year Built: 1978
Year Built Source: Estimated
Number of Buildings: 9
Number of Units: 14
Street #: 636
Stories: 1
Approx Square Feet: 11050
Direction: E
Bedrooms: 19
SqFt Source: Estimated
Street Name: Roosevelt
Lot Acres: 1.2
Suffix: Avenue
Total Baths: 14
Lot SqFt: 52272
Lot Size Source: Estimated
Lot Dimensions: 1x1
State/Province: CA
Zip Code: 93292
APN: 094130051
County: Tulare
Additional Parcels Y/N: No
Common Interest: None
Area: Visalia NW
Listing Information
Original List Price: 1800000
List Price/SqFt: 162.9
Current Price: $1,800,000
Status: Active
Listing Date: 2026-09-24
Listing Price: 1800000
Showing Information
Directions to Property: East of Santa Fe on Northside of Roosevelt
Remarks
Marketing Remarks: 14-unit multifamily property on one 1.22-acre parcel in Visalia. The site has nine separate buildings (four homes and five duplexes), with eight 1-bed/1-bath units and six 2-bed/1-bath units. New roofs, dual pane windows, new stucco and siding, fresh paint on every unit, and several new HVAC units. Every unit has its own backyard, asphalt driveways keep grounds upkeep low. No green waste. The site also includes a garage for owner storage and a fenced, gated ±6,000 SF gravel yard with a pole shed, ready for contractor storage or to be leased out for additional income. In-place rents produce $166,680 a year. Nine units are still below market. Priced at $128,571 per unit.
General Information
Basement YN: No
Garage: Yes
# of Garage Spaces: 1
Attached Garage YN: Yes
Carport YN: No
Pool: No
HOA: No
Fireplace: No
Spa: No
Solar YN: No
Waterfront: No
Horse Property: No
Financial Information
Cap Rate: 7
Unit 1
Number of Bedrooms: 1
Number of Bathrooms: 1
Square Feet: 750
Total Rent: 880
Unit Description: 636 E. Roosevelt
Unit 2
Number of Bedrooms: 1
Number of Bathrooms: 1
Square Feet: 675
Total Rent: 950
Unit Description: 638 A
Unit 3
Number of Bedrooms: 1
Number of Bathrooms: 1
Square Feet: 675
Total Rent: 950
Unit Description: 638 B
Unit 4
Number of Bedrooms: 1
Number of Bathrooms: 1
Square Feet: 675
Total Rent: 700
Unit Description: 640 A
Unit 5
Number of Bedrooms: 1
Number of Bathrooms: 1
Square Feet: 675
Total Rent: 700
Unit Description: 640 A
Unit 6
Number of Bedrooms: 1
Number of Bathrooms: 1
Square Feet: 675
Total Rent: 1200
Unit Description: 642 A
Unit 7
Number of Bedrooms: 1
Number of Bathrooms: 1
Square Feet: 675
Total Rent: 1200
Unit Description: 642 B
Unit 8
Number of Bedrooms: 2
Number of Bathrooms: 1
Square Feet: 850
Total Rent: 1470
Unit Description: 644
Unit 9
Number of Bedrooms: 2
Number of Bathrooms: 1
Square Feet: 850
Total Rent: 1470
Unit Description: 644 1/2
Unit 10
Number of Bedrooms: 2
Number of Bathrooms: 1
Square Feet: 800
Total Rent: 800
Unit Description: 646 A
Unit 11
Number of Bedrooms: 2
Number of Bathrooms: 1
Square Feet: 800
Total Rent: 700
Unit Description: 646 B
Unit 12
Number of Bedrooms: 2
Number of Bathrooms: 1
Square Feet: 800
Total Rent: 800
Unit Description: 648 A
Unit 13
Number of Bedrooms: 2
Number of Bathrooms: 1
Square Feet: 800
Total Rent: 1470
Unit Description: 648 B
Unit 14
Number of Bedrooms: 1
Number of Bathrooms: 1
Square Feet: 750
Total Rent: 900
Unit Description: 650
Status Change Info
Status Change Date: 2026-09-24
Property Features
Architectural Style: Bungalow; Craftsman; Ranch
Utilities: Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected
Water: Public
Sewer: Public Sewer
Fencing: Back Yard; Fenced; Front Yard
Cooling: Ceiling Fan(s); Wall/Window Unit(s)
Heating: Natural Gas
Roofing: Composition
Income Includes: Rent Only
Tenant Pays: Electricity; Gas
Owner Pays: Trash Collection; Water
Construction: Stucco; Wood Siding
Exterior Features: Private Yard; Storage
Flooring: Carpet; Combination; Laminate
Foundation Details: Raised
Laundry Features: In Kitchen; Outside
Listing Terms: 1031 Exchange; Cash; Conventional; Owner May Carry
Lot Features: Fencing
Current Use: Residential; Single Family
Other Structures: RV/Boat Storage
Parking Features: Detached Carport; Driveway; Garage; Oversized; Parking Lot; RV Carport; Shared Driveway; Concrete; RV Access/Parking; Workshop in Garage
Patio and Porch Features: Front Porch; Patio
Property Condition: Fixer; Updated/Remodeled
Road Frontage Type: Private Road
Road Surface Type: Paved
Security Features: Carbon Monoxide Detector(s); Smoke Detector(s)
Marketing Package 
IDX
Listing Office: The Equity Group
Listing Agent: Franklin J Romine | fjromine@gmail.com
Agent Email: fjromine@gmail.com
Last Updated: October - 03 - 2026
Information deemed reliable but not guaranteed.