615 S Demaree Street
Visalia, CA, 93277
$6,499,990
87 Beds
40 Baths
34,038 SqFt
1.41 Acres
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$6,499,990
615 S Demaree Street
Visalia, CA, 93277
MLS #651465 image #0
Giant Sequoia Village at 615 S Demaree St is a 40 unit multifamily community offered at an approximately 6.3 percent day-1 cap rate. This is a value acquisition built on strong in-place cash flow. The property generates over $51,700 per month in scheduled rents, delivering an attractive going-in yield from day one. The unit mix consists of 33 two bedroom one bathroom units and 7 three bedroom one bathroom units, with no studios or one bedrooms. These family sized floor plans average roughly 850 square feet and total 34,038 square feet on a 1.41 acre lot. The asset is well positioned for a hands-off owner, with on-site management, two laundry rooms leased through WASH, and a swimming pool. In-place rents also sit modestly below market on a number of long tenured leases, offering incremental upside over time. Multifamily assets of this scale rarely trade in Visalia, making this an excellent fit for 1031 exchange buyers, regional operators expanding in the Central Valley, and investors seeking durable stabilized cash flow.

Property Details

Price:
$6,499,990
MLS #:
651465
Status:
Active
Beds:
87
Baths:
40
Type:
Multi Family
Subtype:
16 Units & More
Neighborhood:
277
Listed Date:
Jul 3, 2026
Finished Sq Ft:
34,038
Lot Size:
61,420 sqft / 1.41 acres (approx)
Year Built:
1973
Visalia Schools

Schools

School District:
Visalia Schools

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With over 25 years of experience as a successful attorney in California and a proven track record as a real estate broker since 2015, I bring a unique combination of legal expertise and market insight to every transaction. My career is built on a foundation of dedication, integrity, and a deep understanding of both the legal and real estate landscapes. As an attorney, I’ve honed my negotiation and advocacy skills, ensuring the best outcomes for my clients. As a real estate broker, I’ve seaml…

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Current real estate data for Multi Family in Visalia as of Aug 06, 2026
4
Multi Family Listed
69
Avg DOM
210
Avg $ / SqFt
$2,349,998
Avg List Price

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Property Summary

    615 S Demaree Street Visalia CA is a Multi Family for sale in Visalia, CA, 93277. It is listed for $6,499,990 To schedule a showing of MLS#651465 at 615 S Demaree Street in Visalia, CA, contact your Valley Harvest Properties agent at 5597797132.
615 S Demaree Street
Visalia, CA

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Valley Harvest Properties

Don’t miss out on your dream property! Contact Valley Harvest Properties today at (559) 779-7132. Schedule a consultation with our experts to start your real estate journey. Whether you’re looking to buy, sell, or lease, we are ready to work for you and ensure your success.

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