$2,995,000

1228 Jefferson Ave Clovis, CA 93612

Estimated payment $17,361/month

Total Views 19,418
32 Beds
16 Baths
12,000 Sq Ft
$250 Price per Sq Ft

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.

Listing Agent

Jeffrey Kim

The JKRE Investment Group License #01456017 Listed on: 01/21/2026

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

  • 27,202 Sq Ft Lot
  • Central Air

Community Details

  • 16 Units
  • Gross Income $198,864

Property Details

Home Type

Multi-Family

Year Built

Built in 1965

Lot Details

0.62 Acres

Listing Details

  • Type: Multi Family
  • Property Sub Type: 16 Units & More
  • Price Per Square Foot: 249.58
  • Year Built Exception: 0
  • Stories: Two
  • Special Features: None
  • Year Built: 1965

Interior Features

  • Fireplace: None
  • Bathrooms: 16.00
  • Bedrooms: 32
  • Facilities: Utility Room
  • Square Footage: 12000.00

Exterior Features

  • Roofing: Rolled Comp, Metal
  • Exterior: Stucco
  • Foundation: Concrete Perimeter

Garage/Parking

  • Additional Parking: Carport

Utilities

  • Gas And Electric: Public Utilities
  • Sewer/Water: Public Water
  • Heat/Cool: Central Heat/Cool

Condo/Co-op/Association

  • Association: Fresno MLS

Lot Info

  • Acres: 0.6245
  • Lot Measurement: Square Feet
  • Lot Size Sq Ft: 27202.00
  • Price Per Acre: 4795836.67

Building Info

  • Year Built: 1965

Rental Info

  • TenantPays: Electricity, Gas

Multi Family

  • Annual Income: 198864.00
  • IncomeIncludes: Unit Rent
  • Total Units: 16

MLS Schools

  • School District 2: Clovis Unified

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $14,205 $1,189,595 $156,676 $1,032,919
2023 $13,935 $1,143,403 $150,593 $992,810
2022 $13,493 $1,120,985 $147,641 $973,344
2021 $13,119 $1,099,006 $144,747 $954,259
2020 $13,069 $1,087,738 $143,263 $944,475
2019 $12,818 $1,066,410 $140,454 $925,956
2018 $12,542 $1,045,500 $137,700 $907,800
2017 $6,800 $1,146,700 $127,500 $1,019,200
2016 $6,582 $546,431 $105,938 $440,493
2015 $6,499 $539,496 $104,347 $435,149
2014 $6,392 $529,746 $102,303 $427,443
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/21/2026 01/21/26 For Sale $2,995,000 -- $250 / Sq Ft
Source: Fresno MLS

Source: Fresno MLS

MLS Number: 642577

Fresno MLS
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