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562 Fortuna Avenue Atwater, CA $ 720,000
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562 Fortuna Avenue
$ 720,000
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562 Fortuna Avenue

Atwater, CA, 95301
$ 720,000
Bedrooms9 Baths6.1 Sq 3,536

Monthly Estimate*

$ 4,492

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Multi-Family Home for sale in Atwater, CA

for $720,000 with 9 bedrooms and 6 full baths, 1 half bath. This 3,536 square foot home was built in 1990 on a lot size of 0.2135.

Searching for a 3-bedroom fourplex in Atwater with strong rental income and future upside? 562 Fortuna Ave generates $4,815 per month in current rent, with pro forma rents at $1,600 per unit. The property offers a projected 7%+ cap rate using a 30% expense ratio. Each of the four units includes 3 bedrooms, 1 bathroom, and in-unit laundry hookups, totaling 3,536 square feet on a 9,300 square foot lot. One unit was fully remodeled in 2022, and the building received a new roof that same year. A large on-site parking lot offers easy access for all tenants. Located near In-Shape, Bellevue Bowl, shopping, and dining, this multifamily asset combines convenience with long-term rental appeal. With reliable income in place and value-add potential, this 3-bedroom fourplex in Atwater is a turnkey opportunity for investors looking to grow their portfolio in a stable Central Valley market. Photos include versions with and without tenant items for full transparency.

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Multi-Family Active

Price

$ 720,000

Bedrooms

9

Full Bath

6

Half Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Quadruplex

Lot Size

0.2135

Year Built

1990

Town/City

Atwater

County/Region

Merced

MLS | Web ID

225152899
Features
General
Sewer Public Sewer
Heating Central
Cooling Central
Utilities Sewer Connected
Appliances Ice Maker Dishwasher Microwave Free Standing Electric Oven
Unit 4 Rent 1084
Unit 2 Rent 1131
Unit 3 Rent 1500
Unit 1 Rent 1100
HOA Fee 0
Garage Spaces 0.0
Patio/Porch Features Balcony/Deck
Construction Materials Stucco
Year Built 1990
Tenant Pays Electricity Gas
Stories Count 0
Property Subtype Quadruplex
Elevation 0
County Merced
Property Type ResidentialIncome
HOA N
Total Rooms 12
Close Price 0.0
Status Active
Directions Take Bellevue rd west turn left on Alabama St Turn right on Fortuna Ave and Property is on your left
City Atwater
High School District Merced Union High
Zoning Description R325
Open Parking Spaces 0.0
Number Of Units Total 4
MLS Area 20405
Lot Size Square Feet 9300.0
Carport Spaces 0.0
Ok to Lease Month To Month
Standard Status Active
Middle/Junior School District Atwater Elementary
Elementary School District Atwater Elementary
Year Built Source Assessor Auto-Fill
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Interior
Flooring Tile Vinyl
Total Stories 2
Unit 1 Full Baths 1
Unit 2 Full Baths 1
Unit 3 Full Baths 1
Unit1Bedrooms 3
Unit3Bedrooms 3
Laundry Features In Each Unit
Unit 1 Bedroom Units Total 0
Unit 2 Bedroom Units Total 0
Unit 3 Bedroom Units Total 4
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Exterior
Parking Features Other
Lot Features Sidewalk
Water Source Public
Total Parking 0.0
Foundation Details Slab
Number of Buildings 1
Lot Size Acres 0.2135
Lot Size Source Assessor Auto-Fill
Covered Spaces 0.0
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Internal Only
Street Number 1 562
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* Excluded Features
List By
Better Homes And Gardens Real Estate Everything Real Estate

Broker

Ericjauriquerealestate@gmail.com

Email

Affordability Calculator

$4,492
Per Month
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Monthly Principal & Interest
$4,492
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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3193768 Elementary School
3193616 Middle School
Unknown High School High School
See complete school information
Pricing History
Date Price Price Change Description
12/20/2025 $720,000 Listed Price

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562 Fortuna Avenue, Atwater, CA, 95301 is a Multi-Family Home for sale at $720,000 with 3,536 sqft and a lot size of 0.2135. 562 Fortuna Avenue has 9 bedrooms, 6.1 baths, and was built in 1990. The property's zip code is 95301 which is in Atwater, CA

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