Listed by Gentile Commercial
$540,000
Porterville Tri-Plex
Details
APN 246-170-047
Property Type Multifamily
Sub Type Apartment Building
Square Footage 2,808
Net Rentable (SqFt) 2,808
Units 3
Cap Rate 6.28%
NOI $33,896
Occupancy 100%
Price per SqFt $192
Broker Co-Op Yes
Class C
Year Built 1984
Buildings 1
Stories 2
Zoning R-2
Investment Type Value Add
Occupancy Date 01/08/2026
Ground Lease No
Ownership Owner
Multifamily | 3 Units | $180,000/unit
Marketing description
Well-maintained triplex investment property consisting of one (1) 2-bedroom / 1-bath and two (2) 2- bedroom 1.5 bath units located within an established residential neighborhood. The property is currently utilized as a rental asset and offers functional unit layouts consistent with local tenant demand.
Situated on a quiet cul-de-sac, the property provides a residential setting with convenient access to nearby roadways, employment centers, and community amenities. The configuration and layout make it suitable for continued multifamily use, subject to buyer verification and due diligence.
Investment highlights
All units income-producing
Quiet cul-de-sac location
Strong rental demand in Porterville
Ideal for buy-and-hold investors or owner-users
Listing Contacts
Listed by Gentile Commercial
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$33,896.00
$2,824.67/mo
Valuation Metrics
0
DSCR
6.28%
Cap Rate
6.28%
ROI
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