$940,000
SOLD MAY 30, 2025

1520 S Reed Ave Reedley, CA 93654

13 Beds
9 Baths
3,903 Sq Ft
10,454 Sq Ft Lot

Recently Sold

$241 Per Sq Ft

4% Below List Price

9 Days on Market

About This Home

As of May 2025

Investment Opportunity in the Heart of Reedley!Don't miss this rare chance to own a well-maintained 8-unit multifamily property at 1520 S Reed Avean ideal addition to any investor's portfolio. This income-producing asset features a desirable mix of 1-bedroom and 2-bedroom units, with 7 of 8 currently occupied by long-term tenants.Recent upgrades include a brand-new roof, modernized interiors, new flooring, updated kitchens, and bathroom improvementsoffering immediate stability and future upside. The property boasts an onsite laundry room, tenant-paid utilities, and easy access to shopping, schools, and major roadways.

Last Agent to Sell the Property

Scott Tafoya

Real Broker License #01493993 Listed on: 05/07/2025

Last Buyer's Agent

Scott Tafoya

Real Broker License #01493993 Listed on: 05/07/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1974

Parking

  • Carport

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 3,903 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 13 Bedrooms
  • 9 Bathrooms

Additional Features

  • 10,454 Sq Ft Lot
  • Central Air

Community Details

  • 8 Units
  • Gross Income $99,996

Listing and Financial Details

  • Tenant pays for electricity, gas, water, sewer, trash collection, cable TV

Property Details

Home Type

Multi-Family

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Type: Multi Family
  • Property Sub Type: 5 to 15 Units
  • Price Per Square Foot: 240.84
  • Year Built Exception: 0
  • Stories: One
  • Special Features: None
  • Year Built: 1974

Interior Features

  • Fireplace: None
  • Bathrooms: 9.00
  • Bedrooms: 13
  • Square Footage: 3903.00

Exterior Features

  • Roofing: Composition
  • 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: 0.2400
  • Lot Measurement: Square Feet
  • Lot Size Sq Ft: 10454.00
  • Price Per Acre: 3916666.67

Building Info

  • Year Built: 1974

Rental Info

  • TenantPays: Electricity, Gas, Water, Sewer, Trash Collection, Cable TV

Multi Family

  • Annual Income: 99996.00
  • IncomeIncludes: Unit Rent, Both
  • Total Units: 8

MLS Schools

  • School District 2: Kings Canyon

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2025 05/30/25 Sold $940,000 -4.1% $241 / Sq Ft
05/16/2025 05/16/25 Pending -- -- --
05/07/2025 05/07/25 For Sale $980,000 -- $251 / Sq Ft
Source: Fresno MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Scott Tafoya

    Seller's Agent in 2025

    Scott Tafoya

    Real Broker

    (559) 947-1567

    2 in this area

    64 Total Sales

    Scott Tafoya
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Map

Source: Fresno MLS

MLS Number: 629974

Fresno MLS

California Fresno County Reedley 93654

1520 S Reed Ave, Reedley, CA

This home is located at 1520 S Reed Ave, Reedley, CA 93654 and is currently priced at $940,000, approximately $240 per square foot. This property was built in 1974. 1520 S Reed Ave is a home located in Fresno County with nearby schools including Washington Elementary School, General Grant Middle School, and Reedley High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Fresno MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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