10861 S Reed Ave Reedley, CA 93654
Estimated payment $4,031/month
Highlights
- Heated Floors
- 3.73 Acre Lot
- Refrigerated and Evaporative Cooling System
- Riverview Elementary School Rated A-
About This Home
Prime Investment Opportunity - 3.73 Acres on Reed Avenue!Calling all investors and developers! This exceptional property offers huge potential in a growing area within the Sphere of Influencejust steps from the scenic Kings River.Lot Size: 3.73 acresCurrent Units: 3 existing rental unitsDevelopment Potential: Ample space to add more units (buyer to verify zoning and development guidelines)Location: Quiet, desirable area near natural surroundings, yet close to town amenitiesAerial imagery highlights the expansive lot, proximity to the Kings River, and surrounding open landideal for future development. This is your chance to secure a rare, versatile piece of real estate in a highly desirable location.Whether you're looking to expand your rental portfolio or develop a new project, this property is a rare find.Do not disturb tenants. Drive by onlycontact us for more information or to schedule a private showing.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1960
Home Design
- Triplex
- Wood Foundation
- Composition Roof
- Stucco
Interior Spaces
- 5,799 Sq Ft Home
- Multi-Level Property
- Heated Floors
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Bathrooms
Additional Features
- 3.73 Acre Lot
- Refrigerated and Evaporative Cooling System
Community Details
- 3 Units
- Gross Income $38,184
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
07/28/2025 07/28/25 | Price Changed | $625,000 | -25.6% | $108 / Sq Ft |
06/02/2025 06/02/25 | Price Changed | $840,000 | -5.1% | $145 / Sq Ft |
05/05/2025 05/05/25 | For Sale | $885,000 | -- | $153 / Sq Ft |
Source: Fresno MLS
MLS Number: 629679

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