3940 E Burns Ave, Fresno, CA 93725
Property image
Property image
FOR SALE
0.29 ACRES

$1,175,000

Original price: $1,195,000
  • 16 Beds
  • 8 Baths
  • 5,400 sqft (on 0.29 acres)

3940 E Burns Ave, Fresno, CA 93725

Roosevelt
Est. Mortgage $7,514/mo*
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Home Highlights

Multi-Family
Built in 1963
0.29 acre lot
$218/sqft
Open Parking

Local Information

  • Map ViewExplore the area around 3940 E Burns Ave.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

What's unique:Brand new roofNew stoveBrand new outdoor paintNew floorsNew flooringFresh interior paint
Eight Unit Multifamily Investment Opportunity. Great Income, Modern Upgrades, Strong Rental Demand, Brand New Roof, Brand New Paint, newer AC units.This 8 unit multifamily asset offers a full 2 Bedroom, 1 Bath configuration, a consistently high demand layout in the Fresno rental market. Every residence has received new interior paint within the last year, creating a clean and uniform presentation across the property. The building reflects ongoing ownership care, with a mix of upgraded interiors, modernized kitchens and baths, and strong in place rents. This is a stabilized, income producing asset with clear upside through continued modernization of legacy units.Unit Mix and Interior Condition:Unit 1: $1,400. Fresh interior paint, new floors.Unit 2: $1,050. New flooring. Clean interior profile.Unit 3: $1,200. New flooring. Fully remodeled kitchen with granite and new cabinets. New bathroom.Unit 4: $1,175. New bathroom. New flooring. New stove.Unit 5: $1,250. Full renovation completed one year ago. Modern kitchen, bath, flooring, and finishes.Unit 6: $1,541. New windows. New paint. New stove. (Hosing Voucher)Second Building (Units 7 and 8):Unit 7: $1,090. Unit 8: $1,025. New bathroom. New kitchen with cabinets, granite, and stove. New flooring and new paint.Financial Summary:Total Monthly Income: $9,731.00Total Annual Income: $116,772Operating Expenses (Annual):Insurance: $4,700Water and Sewer: $3,000Trash: $2,800Electric and Gas (Common): $900Garden Care: $600Pest Control: $600Investment Highlights:Brand new Roof.Brand new outdoor paint.All units are 2 bed and 1 bath, the strongest rental configuration in this submarket.Uniform interior paint across all eight units within the last year.Multiple upgraded interiors with new kitchens, granite counters, cabinets, flooring, and bathrooms.Stabilized rent roll with strong in place income.Clear value add runway through modernization of legacy units.This 8 unit asset is ideal for investors seeking an income producing property with a balanced mix of renovated units and value add potential. There is room for improvements in the rents.
Last check for updates: about 11 hours ago
Listing courtesy of Gautam Atri DRE #02050505, (559) 917-1113
Universal Realty Services, Inc
Originating MLS: Fresno MLS
Source: Fresno MLS, MLS#647009
Also Listed on Fresno MLS, CRMLS, CRMLS.

Home Details for 3940 E Burns Ave

Interior Features

Beds & Baths
Number of Bedrooms: 16Number of Bathrooms: 8
Dimensions and Layout
Living Area: 5400 Square Feet
Appliances & Utilities
Utilities: Public Utilities
Heating & Cooling
Has CoolingAir Conditioning: Wall/Window Unit(s)
Fireplace & Spa
Fireplace: NoneNo Fireplace
Gas & Electric
Electric: On
Levels, Entrance, & Accessibility
Stories: 2Levels: Two

Exterior Features

Exterior Home Features
Roof: CompositionFoundation: Concrete Perimeter
Parking & Garage
Has a CarportNo GarageHas Open ParkingParking: Carport,Covered,Open
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer

Days on Market

Cumulative Days on Market: 78Days on Market: 164

Property Information

Year Built
Year Built: 1963
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family
Building
Construction Materials: Stucco, Stone
Property Information
Parcel Number: 48027301

Price & Status

Price
List Price: $1,175,000Price Per Sqft: $218

Active Status

MLS Status: Active

Location

Direction & Address
City: Fresno
School Information
High School District: Fresno Unified

Agent Information

Listing Agent
Listing ID: 647009

Building

Building Area
Building Area: 5400 Square Feet

Community

Community Features: Utility Room

HOA

Association for this Listing: Fresno MLS

Lot Information

Lot Area: 0.29 acres

Documents

Disclaimer: Information herein deemed reliable but not guaranteed, representations are approximate, individual verification recommended.

Offer

Listing Agreement Type: Exclusive Right To Sell

Business

Expense
Tenant Pays: Electricity

Miscellaneous

Mls Number: 647009

Additional Information

Utility Room

Around this home

Neighborhood Overview

Roosevelt
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Roosevelt

At least 574 Trulia users voted on each feature.

  • 81 % Say there are sidewalks

  • 77 % Say yards are well-kept

  • 76 % Say car is needed

  • 72 % Say parking is easy

  • 67 % Say there's holiday spirit

  • 63 % Say it's dog friendly

  • 63 % Say kids play outside

  • 57 % Say it's walkable to grocery stores

  • 55 % Say they plan to stay for at least 5 years

  • 52 % Say streets are well-lit

  • 51 % Say it's quiet

  • 46 % Say it's walkable to restaurants

  • 40 % Say people would walk alone at night

  • 40 % Say neighbors are friendly

  • 23 % Say there's wildlife

  • 22 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Marvella Erickson
    "Yes the city bus is very close "
    0
    Flag
  • Lizsoto81
    "Bumpy the roads and freeway need to be fix. Also they free way needs to be cleaned of junk and there’s people just talking to much "
    1
    Flag
  • Zog Loj Zog Coj
    "Yes, knowing the safety of the neighborhood and how people are in the area help new home owner make better decision when buying homes in the area for their family. "
    0
    Flag
  • Trulia User
    "Dogs are mainly for protection, there are a few who walk their dogs in the mornings. There is the bike trail that runs through the neighborhood and parks as well "
    3
    Flag
  • Trulia User
    "very nice neighborhood. nice people safe. can walk safely in neighborhood. nice house close to free way "
    3
    Flag
  • Trulia User
    "Not a good place lots of crimes happen often never good parking not good area to raise a kid or to send to school district"
    0
    Flag
  • Leigh A. M.
    "we have a park down the street it's very nice and quite but I don't think Butler and Clovis Ave is roosevelt"
    12
    Flag
  • Anaerevia
    "Not enough parking in area but most neighbors are friendly. Kids on street tease dogs and make dogs bark like crazy and parents don’t tell them anything "
    12
    Flag
  • Litzy H.
    "There are some dogs that don’t have homes and they are always on the streets and drivers have to be cautious when driving "
    5
    Flag
  • Syboram
    "I used to live around the area. It’s not the best but it’s not that bad. If you look for affordable place to call home."
    6
    Flag
  • Darnisha W.
    "It’s a decent area. I would still be mindful of the homeless and occasional stray animals. Other than that it’s not too bad of an area."
    4
    Flag
  • Diane K.
    "I don't like all the off leash dogs. Some are big dogs I don't feel safe walking my little dogs! good thing is that there are lots of dogs so when. there are people who don't belong the dogs bark. "
    8
    Flag
  • Hmoob V.
    "I have No question the neighborhood seem to be a quiet neighborhood but there people walking around at night seem to be homeless people digging in the recycles trash can for cans and bottles..."
    53
    Flag
  • Joy T.
    "My neighborhood is around a 10-15 minute walk to the nearest bus stop with a 30 minute wait for the first bus to arrive to take you to the next bus that comes every 10 minutes and stops at every other stop which takes maybe 20 minutes to get downtown."
    3
    Flag
  • Cheyenne K.
    "great access to freeway entrance but terrible traffic and I work across town. only 11 miles takes 30 min."
    1
    Flag
  • Ken T.
    "Nothing. It’s poorly kept and crime ridden. Lack of shopping and trust within the community. Schools are decent."
    4
    Flag
  • Lucianaluna1785
    "Um...My area has great neighborhoods and great transportations. And also ni e people around us. Good schools you can go to. "
    1
    Flag
  • Felicianawong15
    "We walk our dogs around the neighborhood and we see others walking their dogs on leashes. We hear dogs in backyards and see cats in the neighborhood so, we know it’s a pet friendly neighborhood. "
    1
    Flag
  • Teresa
    "Convenient to downtown jobs. Needs more supermarkets. Close to freeways. Not the safest neighborhood but getting better"
    0
    Flag
  • Cirenia T.
    "We have a walking trail that’s about 2 miles long. Great for walking your dog any time of the day, running/ jogging. "
    1
    Flag
  • Melissa L.
    "Lots of stray dogs and local neighborhood dogs who are allowed to get out and roam the neighborhood. Makes it hard to walk your dog because there’s always a chance you’ll encounter these dogs... I’ve had my dogs attacked quite a few times and I finally had to stop walking them in the neighborhood. "
    0
    Flag
  • Felicianawong15
    "I have visited some businesses in this area. I can’t say too much about the safety of this neighborhood as I do not live here. I do have a couple of relatives that I visit often around this location and they have lived here a long time. I feel comfortable visiting during the day and I know the neighborhood had improved quite a bit from years ago when there was gang violence, it’s much quieter and calm. "
    0
    Flag
  • Lupe R.
    "is quit place there not to many crazy people its wLking distance to school and the stores everyone that is thus commute are friendly"
    3
    Flag
  • Patricia Sclafani
    "We've lived here for 10 years. It is a quiet and friendly neighborhood and has great schools! The different seasons are quite beautiful due to the large oak and maple trees. The Fall is especially beautiful."
    23
    Flag
  • Daonefabulous
    "It’s a bad part of town. Not safe for raising kids. I would not walk around this neighborhood at night. And when the Fair is in town, there is much more violence than normal."
    87
    Flag
  • tisha
    "there are groups of stray dogs running around all the time they will come and try to fight with your dog thats in your fence yard. the strays can be dangerous and vicious at times and they do run in packs"
    1
    Flag
  • Diane K.
    "it's a safe place to walk your dogs. there are a few off leash dogs in the neighborhood once in awhile, but most are friendly"
    2
    Flag
  • Kendra S.
    "It’s not special, it’s just bad. Too many sketchy people wandering around, no one cares enough to pick up their trash or watch their children. Avoid this whole area of possible "
    3
    Flag
  • Kendra S.
    "Nothing. It’s terrible here, it’s trashy, it’s dangerous. You don’t want to live here if you can avoid it, especially if you have children "
    0
    Flag
  • Journeyinternational
    "I wanna move here thank you for the opportunity to comment really nice to just hangout outside the people are very nice "
    16
    Flag
  • Nuno M.
    "Love the neighborhood great for walking . It is quiet and neighbors are friendly. No one is has an ugly front yard everyone takes care of their homes definitely a family friendly place. Almost all of our neighbors have children which is great"
    12
    Flag
  • Jef B.
    "Custom homes, friendly neighbors, gonna admit not the safest neighborhood after its dark but during the day it's pretty safe. "
    8
    Flag
  • Guadalupe G.
    "quiet and pets allowed and a big place to have parties and a celebration to hang out with the family and just have room to run around "
    5
    Flag

Market trends in Roosevelt

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$335K
$5KMoM
Sale-to-List Price
100.0%
Price per sq ft
$235
$0MoM
Available listings
179
17MoM

Home Value

Trulia Estimate
$1.11M
Since last month
Decreased$9K (-0.8%)
Since last year
Increased$387K (+53.6%)
Since last sale
Increased$383K (+52.9%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +27% in the last 10 years
MonthEstimated value
2026
September 2026$1.11M
August 2026$1.12M
July 2026$1.12M
June 2026$1.13M
May 2026$1.13M
April 2026$1.17M
March 2026$740K
February 2026$736K
January 2026$731K
2025
2024

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
2452 S 9th St, Fresno, CA
0.04
Multi-Family Home
$800,000
05/29/26
11
6
3,976
2680 S 10th St, Fresno, CA
0.55
Multi-Family Home
$495,000
08/03/26
9
4
3,100
2465 S 11th St, Fresno, CA
0.15
Multi-Family Home
$320,000
01/30/26
5
3
2,060
3951 E Dwight Way, Fresno, CA
0.74
Multi-Family Home
$460,000
02/19/26
6
2
2,256
2690 S Cedar Ave, Fresno, CA
0.59
Multi-Family Home
$255,000
07/14/26
2
1
650
4833 E Lane Avenue, Fresno, CA
1.93
Multi-Family Home
$518,000
08/25/26
9
6
3,736
4778 E Hoxie Ave, Fresno, CA
1.20
Multi-Family Home
$339,900
07/30/26
4
2
1,610
4419 E Hamilton Ave, Fresno, CA
0.98
Multi-Family Home
$1,825,000
09/30/25
2
1
12,096
5023 E Lane Ave, Fresno, CA
2.28
Multi-Family Home
$739,000
11/25/25
12
4
4,000

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
2477 S 9th St, Fresno, CA 93725
0.04
$330,000
4
2
1,253
Recently Sold
2452 S 9th St, Fresno, CA 93725
0.04
$800,000
11
6
3,976
Recently Sold
2486 S 10th St, Fresno, CA 93725
0.07
$299,000
3
2
998
Recently Sold
2487 S 10th St, Fresno, CA 93725
0.10
$365,200
6
3
829
Off Market
2429 S 10th St, Fresno, CA 93725
0.11
$200,000
3
1
1,119
Recently Sold
2474 S 11th St, Fresno, CA 93725
0.12
$238,400
2
1
749
Off Market
3865 E Eugenia Ave, Fresno, CA 93725
0.12
$141,000
3
1
1,120
Off Market
2465 S 11th St, Fresno, CA 93725
0.15
$320,000
5
3
2,060
Recently Sold
2509 S 10th St, Fresno, CA 93725
0.14
$225,000
5
2
1,699
Recently Sold
4062 E Church Ave, Fresno, CA 93725
0.16
$215,000
3
2
728
Recently Sold
2466 S Cedar Ave, Fresno, CA 93725
0.18
$356,900
4
2
1,616
Off Market

Price and Tax history

DateEventPrice
Jun 29, 2026
Source: Fresno MLS #647009
PriceChange
$1,175,000
Price decreased by 2%
Jun 10, 2026
Source: Fresno MLS #647009
PriceChange
$1,195,000
Price increased by 2%
Apr 12, 2026
Source: Fresno MLS #647009
Listed For Sale
$1,175,000
Mar 21, 2025
Source: Fresno MLS #619985
Sold
$725,000
Mar 10, 2025
Source: Fresno MLS #619985
Pending
$895,000

LGBTQ Local Legal Protections

Gautam Atri, Universal Realty Services, Inc
Agent Phone: (559) 917-1113

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Frequently asked questions about 3940 E Burns Ave

  • What is the estimated monthly payment for 3940 E Burns Ave?
    Based on a $1,175,000 list price with 20% down at today's rates, the estimated monthly payment for 3940 E Burns Ave in Fresno, CA is approximately $7,557 (about $6,297 principal & interest, $1,185 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • How does the list price for 3940 E Burns Ave compare to homes in Fresno?
    3940 E Burns Ave in Fresno, CA is listed at $1,175,000, about 251% above the $335K median sale price in Fresno.
  • What do residents say about the Roosevelt neighborhood?
    Residents describe the Roosevelt neighborhood in Fresno, CA as pedestrian-friendly, well-kept, and easy to park in. See homes for sale in Roosevelt, Fresno.
  • What are the closest schools to 3940 E Burns Ave?
    The closest schools to 3940 E Burns Ave in Fresno, CA are Calwa Elementary School (rated 6/10), Roosevelt High School (rated 3/10), Sequoia Middle School (rated 3/10).
  • Does 3940 E Burns Ave have air conditioning?
    Yes, 3940 E Burns Ave in Fresno, CA has air conditioning.
  • Does 3940 E Burns Ave have parking?
    Yes, 3940 E Burns Ave in Fresno, CA has on-site parking.
3940 E Burns Ave, Fresno, CA 93725 is a 16 bedroom, 8 bathroom, 5,400 sqft multi-family built in 1963. 3940 E Burns Ave is located in Roosevelt, Fresno. This property is currently available for sale and was listed by Fresno MLS on Apr 12, 2026. The MLS # for this home is MLS# 647009.