$614,900
$70K PRICE DROP

1405 E Cypress Ave Reedley, CA 93654

Reedley Area

Estimated payment $4,446/month

Total Views 17,285
8 Beds
4 Baths
3,144 Sq Ft
$196 Price per Sq Ft

Highlights

  • Central Heating and Cooling System
  • 1-Story Property
  • 5-minute walk to Neighborhood Park
  • Great Western Elementary School Rated 9+

About This Home

Excellent investment opportunity in the growing Reedley market. This fully occupied fourplex features four 2-bedroom, 1-bath units totaling approximately 3,144 square feet, providing consistent rental income. Three units have been updated with modern kitchens, bathrooms, and durable LVP flooring, while one unit offers long-term tenancy. Each unit includes central HVAC and indoor laundry, enhancing overall appeal. Conveniently located near schools, shopping, and commuter routes, this property is well-suited for investors seeking an income-producing asset with potential upside. Do not disturb tenants. Offers subject to inspection. Unit configuration per tax records; buyer to verify.

Listing Agent

Marie Meza

eXp Realty of Greater Los Angeles, Inc. License #01772801 Listed on: 05/01/2026

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1997

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 59x61
  • Back Yard Fenced

HOA Fees

  • $360 Monthly HOA Fees

Home Design

  • Quadruplex
  • Spanish Tile Roof
  • Stucco

Interior Spaces

  • 3,144 Sq Ft Home
  • 1-Story Property
  • Laminate Flooring

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Parking

  • Carport
  • No Garage

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 36346003

Property Details

Home Type

Multi-Family

Year Built

Built in 1997

Lot Details

3,485 Sq Ft Lot

HOA Fees

$360 per month

Listing Details

  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.08
  • Lot Size: 59X61
  • Directions: From CA-99, exit Manning Ave east toward Reedley. Continue on Manning Ave, turn left on N Pecan Ave, then right on E Ponderosa Ave to E Cypress Ave. Property on right.
  • Garage Yn: No
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1997
  • Fencing: Back Yard: Yes
  • SourceMLSURL: https://sourcemls.org/api/v1/eyJ0eXAiOiJKV1QiLCJhbGciOiJIUzI1NiJ9.eyJTb3VyY2VTeXN0ZW1JRCI6Ik0wMDAwMDEwNCIsIkxpc3RpbmdJRCI6IjI0MTQxMSIsIlN0YW5kYXJkU3RhdHVzIjoiQWN0aXZlIiwiTW9kaWZpY2F0aW9uVGltZXN0YW1wIjoiMjAyNi0wOS0xMVQxNzozMzozNi4wMDBaIiwiTGljZW5zZWVJRCI6Im9hdXRoMl8xODI5MSIsIkxpY2Vuc2VlTmFtZSI6IlRlbi1YIn0.z0kGwlagjOm7wVZOIjcKdHbtQ_5vOpl_bdeyER-aWd0/badge
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Bedrooms: 8
  • Flooring: Laminate

Exterior Features

  • Pool Private: No
  • Construction Type: Stucco
  • Roof: Spanish Tile
  • Construction:Stucco: Yes

Garage/Parking

  • General Information:Garage: No
  • General Information: Carport YN: Yes
  • Parking Features: Covered: Yes

Utilities

  • Laundry Features: Other
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Utilities: Other
  • Water Source: Public
  • Heating:Central: Yes

Condo/Co-op/Association

  • Association Fee: 360.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • General Information:Association Fees: 360.0

Lot Info

  • Lot Size Sq Ft: 3485.0
  • Additional Parcels: No
  • Parcel #: 36346003

Multi Family

  • Number Of Units Total: 4
  • Income Includes: ["Rent Only"]

Map

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
09/11/2026 09/11/26 Price Changed $614,900 -2.4% $196 / Sq Ft
08/03/2026 08/03/26 Price Changed $629,900 -2.3% $200 / Sq Ft
07/02/2026 07/02/26 Price Changed $644,900 -3.0% $205 / Sq Ft
05/28/2026 05/28/26 Price Changed $664,900 -2.9% $211 / Sq Ft
05/01/2026 05/01/26 For Sale $684,900 -- $218 / Sq Ft
Source: Tulare County MLS

Source: Tulare County MLS

MLS Number: 241411

Tulare County MLS
Your Personal Tour Guide

Ask me questions while you tour the home.