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For sale
  • Price cut: $150K (7/15)
    $1,550,000

    1300 Marion St, Kingsburg, CA 93631

    9beds
    6baths
    4,676sqft
    : 
    $10,101/mo
    Get pre-qualified
    Multi Family
    Built in 1916
    -- sqft lot
    $-- Zestimate®
    $331/sqft
    $-- HOA

    What's special

    6 Houses Investment Opportunity | Strong Kingsburg Rental Market | Value-Add UpsideRare opportunity to acquire a 6 unit income-producing portfolio across three contiguous downtown parcels totaling 18,750 sq ft in the highly desirable and supply-constrained Kingsburg rental market. 5 single family homes plus an apartment o 3 separate lots. This unique offering includes a mix of single-family homes and an apartment unit, all fully rented with strong in-place income and excellent upside potential.Total Current Monthly Income: $8,450 | Annual: $101,400 Breakdown of rents upon requestHomes have been tastefully updated, 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 garages, mini cold storage and 2 basements.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.
    87 days
    |
    655
    |
    14
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Kelly Bennett DRE #01042846 559-250-7001,

    Kelly Bennett, Broker

    Source: Fresno MLS,MLS#: 648303Originating MLS: Fresno MLS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 9
      • Bathrooms: 6
      Heating
      • Central
      Cooling
      • Central Air, Wall/Window Unit(s)
      Features
      • Has fireplace: No
      • Fireplace features: None
      Interior area
      • Total structure area: 4,676
      • Total interior livable area: 4,676 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Carport, Covered, Open
      • Garage spaces: 2
      • Has carport: Yes
      • Has uncovered spaces: Yes
      Features
      • Levels: One
      • Stories: 1
      Lot
      • Size: 0.43 Acres
      • Features: Suburban, Sprinklers In Front, Sprinklers In Rear, Sprinkler - Auto, Mature Landcsape
      Details
      • Parcel number: 39612210

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Stucco, Wood Siding, Other
      • Foundation: Concrete Perimeter, Wood Subfloor
      • Roof: Composition
      Condition
      • Year built: 1916

      Utilities & green energy

      • Electric: On
      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Public Utilities, Natural Gas Connected

      Community & HOA

      Location
      • Region: Kingsburg

      Financial & listing details

      • Price per square foot: $331/sqft
      • Tax assessed value: $224,192
      • Annual tax amount: $3,698
      • Date on market: 5/5/2026
      • Cumulative days on market: 87 days
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash
      • Tenant pays: Electricity, Gas, Cable TV
      • Income includes: Unit Rent

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,512/mo

        Price history

        DateEventPrice
        7/15/2026Price change$1,550,000-8.8%$331/sqft
        Source: Fresno MLS #648316 Report a problem
        5/5/2026Listed for sale$1,700,000+325%$364/sqft
        Source: Fresno MLS #648303 Report a problem
        4/27/2020Sold$400,000+118%$86/sqft
        Source: TCMLS #203804 Report a problem
        4/11/2020Pending sale$183,500$39/sqft
        Source: Mikaelian Properties #203804 Report a problem
        4/9/2020Price change$183,500-66.6%$39/sqft
        Source: Sandra Mikaelian, Broker #539198 Report a problem
        4/4/2020Price change$550,000-23.6%$118/sqft
        Source: Sandra Mikaelian, Broker #539198 Report a problem
        3/18/2020Listed for sale$720,000$154/sqft
        Source: Sandra Mikaelian, Broker #539198 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,698 +6%$224,192 +2%
        2024$3,489 +3.8%$219,797 +2%
        2023$3,362 -0.5%$215,489 +2%
        2022$3,380 +2.6%$211,265 +2%
        2021$3,294 +21.9%$207,123 +32.4%
        2020$2,702 +3.2%$156,485 +2%
        2019$2,619 +1.9%$153,417 +2%
        2018$2,569 +4.5%$150,409 +2%
        2017$2,459 +8.2%$147,460 +2%
        2016$2,273 -1.5%$144,570 +1.5%
        2015$2,307 +2.8%$142,399 +2%
        2014$2,243 $139,610 +16.3%
        2013-- $120,000
        2012-- $120,000
        2011-- $120,000 -9.5%
        2010-- $132,587 -0.2%
        2009-- $132,903 +2%
        2008-- $130,298 +2%
        2007-- $127,744 +2%
        2006-- $125,240 +2%
        2005-- $122,785 +2%
        2004-- $120,379 +1.9%
        2003-- $118,173 +2%
        2002-- $115,856 +2%
        2001$1,613 $113,585
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 93631

        Getting around

        80 / 100
        Very Walkable
        50 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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