1228 Jefferson Ave Clovis, CA 93612
Clovis AreaEstimated payment $17,645/month
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
- 27,202 Sq Ft Lot
- Central Air
Community Details
- 16 Units
- Gross Income $198,864
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2026 | $14,205 | $1,213,386 | $159,809 | $1,053,577 |
| 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 |
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 |
Purchase 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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,025,000 | Fidelity National Title Co | |
| Grant Deed | -- | None Available | |
| Grant Deed | -- | -- | |
| Grant Deed | $410,000 | Chicago Title Co |
Mortgage 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 | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,176,000 | Credit Line Revolving | |
| Closed | $768,800 | Construction | |
| Previous Owner | $550,000 | Negative Amortization | |
| Previous Owner | $580,000 | Negative Amortization | |
| Previous Owner | $600,000 | Commercial | |
| Previous Owner | $553,000 | Commercial | |
| Previous Owner | $315,000 | Commercial |
Source: Fresno MLS
MLS Number: 642577
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Ask me questions while you tour the home.