Positioned in a highly desirable location near the heart of downtown Bishop, this 7-unit residential income property offers an exceptional opportunity for investors seeking strong cash flow and long-term upside.The property features three separate buildings, including a 3-bedroom single-family house with carport, two 3-bedroom apartments, and four 2-bedroom apartments. With 100% occupancy, this asset delivers immediate, consistent income from day one.Tenants enjoy the convenience of an on-site laundry room, parking for up to 12 vehicles, and fenced yards. Its proximity to downtown Bishop provides walkable access to shopping, dining, and local amenities, enhancing tenant retention and rental demand.This is a rare opportunity to acquire a fully stabilized, multi-building investment property in a supply-constrained market known for strong rental demand. Whether you’re looking to expand your portfolio or secure a reliable income-producing asset, this property offers both solid current returns and future appreciation potential.
Property Details
Price:
$1,499,000
MLS #:
142691
Status:
Active
Baths:
0
Type:
Multi Family
Subtype:
Apt Build 5-12 Units
Neighborhood:
outofareaca
Listed Date:
Apr 10, 2026
Finished Sq Ft:
5,132
Lot Size:
15,104 sqft / 0.35 acres (approx)
Year Built:
1949
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Schools
Interior
Exterior
Financial
Map
Community
- Address363 Short Street Bishop CA
- NeighborhoodOut of Area-CA
- CityBishop
- CountyInyo
- Zip Code93514
Market Summary
Current real estate data for Multi Family in Bishop as of Nov 12, 2026
1
Multi Family Listed
216
Avg DOM
292
Avg $ / SqFt
$1,499,000
Avg List Price
Property Summary
- 363 Short Street Bishop CA is a Multi Family for sale in Bishop, CA, 93514. It is listed for $1,499,000
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Courtesy of Susan Kay Maclean of Coldwell Banker Select – LTB. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the South Tahoe Association of Realtors. Detailed information about real estate listings held by brokerage firms other than Ascent Property Group include the name of the listing broker. Neither the listing company nor Ascent Property Group 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. South Tahoe Association of Realtors. All rights reserved. 363 Short Street
Bishop, CA
