1228 Jefferson Ave Clovis, CA 93612
Estimated payment $19,342/month
Highlights
- 0.62 Acre Lot
- Jefferson Elementary School Rated A-
- Central Air
About This Home
This well-maintained 16-unit multifamily property, located in the highly sought-after city of Clovis, presents an exceptional investment opportunity with both strong in-place income and future upside. The property is currently generating approximately $16,572 per month in gross rents, with clear potential to increase income by aligning rents with current market rates.Comprised of sixteen spacious 2-bedroom, 1-bathroom unitseach approximately 750 square feetthe property is in turnkey condition, offering minimal maintenance needs and a smooth transition for new ownership. An on-site laundry facility provides added convenience for tenants and an additional income stream for the owner.Set in a prime location with high rental demand, this asset offers investors immediate cash flow along with the opportunity for long-term appreciation and value growth. Don't miss the chance to acquire a consistent, high-performing asset in one of the Central Valley's most desirable rental markets.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1965
Parking
- Carport
Home Design
- Metal Roof
- Concrete Perimeter Foundation
- Stucco
Interior Spaces
- 12,000 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 32 Bedrooms
- 16 Bathrooms
Additional Features
- 0.62 Acre Lot
- Central Air
Community Details
- 16 Units
- Gross Income $198,864
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/24/2025 03/24/25 | For Sale | $3,100,000 | -- | $258 / Sq Ft |
Source: Fresno MLS
MLS Number: 627413
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