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Lowell Multifamily Homes & Duplexes for Sale

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  • /44

    $574,900

    • 5 Beds
    • 4 Baths
    • 2,883 Sq Ft

    345 N Van Ness Ave, Fresno, CA 93701

    Location, location, location! 🌟 Just steps away from Fresno's vibrant Tower District, this triplex at 345 N Van Ness Ave delivers serious cash flow and upside for investors. You've got three solid rentals and all tastefully updated in 2022.

    Mark Chu HomeSmart PV and Associates

    345 N Van Ness Ave, Fresno, CA 93701
  • /22

    $899,000

    • 7 Beds
    • 8 Baths
    • 4,164 Sq Ft

    329 N Glenn Ave, Fresno, CA 93701

    This investment opportunity features three separate structures totaling 8 units and approximately 4,164 square feet of living space on a 15,750 square foot lot (per tax records). Currently generating approximately $8,000 per month in gross scheduled rents, the property offers a strong in-place return with a 6.9% cap rate and a 9.4 GRM under current operations. This is a true cash-flow asset -

    Jin Kim The JKRE Investment Group

    329 N Glenn Ave, Fresno, CA 93701

Why Live in Lowell

Lowell, located just north of downtown Fresno, is one of the city's oldest neighborhoods, developed in the 1880s. The area features grid-planned streets with one-story Craftsman-style homes and multifamily complexes built between 1900 and 1930. Nonprofit organizations like the Lowell Community Development Corporation have been active in restoring housing and promoting community programs, including a community garden. Residents have a strong sense of belonging and community care. Local amenities include Martin Park, which offers a playground, teen nights, and food distribution, and Dickey Playground, featuring basketball courts, tennis courts, and a splash pad. Dining options are available along Divisadero Street and North Blackstone Boulevard, with popular spots like Don Tacha Taqueria and Di Cicco’s Italian Restaurant. Though nearby supermarkets are limited, Valley Food provides groceries and prepared foods like breakfast burritos and enchiladas. The neighborhood is served by Lowell Elementary School, Fort Miller Middle School, and Fresno High School, with varying ratings. For transportation, residents can use the Fresno Area Express bus routes, and Fresno Yosemite International Airport is 6 miles away. State Route 180 cuts through the north side of Lowell, providing additional connectivity. Community efforts, including fundraisers and events organized by local nonprofits, continue to enhance the neighborhood's features and foster a strong community spirit.

Home Trends in Lowell, CA

Housing Trends

Median Sale Price
$789,000
Median Single Family Sale Price
$694,132
Median 2 Bedroom Sale Price
$1,150,000
Median 1 Bedroom Sale Price
$882,000
Average Price Per Sq Ft
$512
Number of Homes for Sale
2
Last 12 months Home Sales
19
Months of Supply
1.30
Median List Price
$789,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
163%
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