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.
AGENT: Eric Jaurique-Pouncey LISTING BROKERAGE: BHGRE Everything Real EstateEach 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.
Courtesy of BHGRE Everything Real Estate. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than The Agency RE include the name of the listing broker. Neither the listing company nor The Agency RE shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved. 562 Fortuna
Atwater, CA
Property Details
Price:
$720,000
MLS #:
MC25278759
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Quadruplex
Listed Date:
Apr 10, 2026
Total Sq Ft:
3,536
Lot Size:
9,300 sqft / 0.21 acres (approx)
Year Built:
1990
None
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Schools
Interior
Appliances
GS
Cooling
CA
Flooring
TILE, VINY
Heating
CF
Interior Features
BL
Laundry Features
IN
Levels
U
Exterior
Accessibility Features
NO
Common Walls
_2CW
Community Features
SDW, STM, SL
Construction Materials
STC
Fencing
AVG
Roof
SHN
Spa Features
NO
View
NO
Financial
Gross Operating Income
$57,780
Maintenance Fee
$1,500
Net Operating Income
$43,127
Map
Community
- Address562 Fortuna Atwater CA
- CityAtwater
- CountyMerced
- Zip Code95301
