$950,000

Estimated payment $6,117/month

Total Views 6,531
15 Beds
5 Baths
4,500 Sq Ft
$211 Price per Sq Ft

Highlights

  • Heated Floors
  • Refrigerated and Evaporative Cooling System
  • Wood Siding

About This Home

🏡 Property Highlights:Five spacious 3 bed / 1 bath unitsFreshly remodeled and painted within the last two yearsSection 8 friendly 4 units currently leased through Housing AuthorityCurrent Rent Roll:Unit 101 - $1,732Unit 102 - $1,852Unit 103 - $1,808Unit 201 - $1,750Unit 202 - $1700💰 Total Potential Gross Income exceeds $128,000/year when fully rented at Housing Authority's current cap for 3-bed units ($2,200+).🚀 Why This Property Stands Out:✔ Immediate cash flow ✔ High upside as voucher rates continue to increase✔ Vacant unit = ready-to-rent at full market rate✔ Low-maintenance investment thanks to recent updates✔ Great location near Highway 180, shopping centers, schools & restaurants✔ Situated in a well-maintained, clean complex in a desirable neighborhood💼 Perfect for Investors Seeking:Passive IncomeLow Risk with Housing Authority supportTurnkey Rental with Upside Growth appreciating Fresno market📞 Call today to schedule a private tour! Opportunities like this are rare and don't last long

Listing Agent

Puneet Bhargava

Realty Concepts, Ltd. - Clovis License #01859500 Listed on: 05/26/2025

Realty Concepts, Ltd. - Clovis

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1970

Lot Details

  • 6,250 Sq Ft Lot

Parking

  • Carport

Home Design

  • Composition Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,500 Sq Ft Home
  • 2-Story Property
  • Heated Floors

Bedrooms and Bathrooms

  • 15 Bedrooms
  • 5 Bathrooms

Utilities

  • Refrigerated and Evaporative Cooling System
  • Cooling System Mounted To A Wall/Window

Community Details

  • 5 Units
  • Gross Income $109,104

Property Details

Home Type

Multi-Family

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Type: Multi Family
  • Property Sub Type: 5 to 15 Units
  • Price Per Square Foot: 211.11
  • Year Built Exception: 0
  • Stories: Two
  • Special Features: None
  • Year Built: 1970

Interior Features

  • Fireplace: None
  • Bathrooms: 5.00
  • Bedrooms: 15
  • Square Footage: 4500.00

Exterior Features

  • Roofing: Composition
  • Exterior: Wood
  • Foundation: Concrete Perimeter

Garage/Parking

  • Additional Parking: Carport

Utilities

  • Gas And Electric: Public Utilities
  • Sewer/Water: Public Water, Public Sewer
  • Heat/Cool: Evaporative, Floor or Wall Heat, Window or Wall A/C

Condo/Co-op/Association

  • Association: Fresno MLS

Lot Info

  • Acres: 0.1435
  • Lot Measurement: Square Feet
  • Lot Size Sq Ft: 6250.00
  • Price Per Acre: 6620209.06

Building Info

  • Year Built: 1970

Rental Info

  • TenantPays: Electricity, Gas

Multi Family

  • Annual Income: 109104.00
  • IncomeIncludes: Unit Rent, Laundry, Month to Month, Lease
  • Total Units: 5

MLS Schools

  • School District 2: Fresno Unified

Map

Range of Values:

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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
05/26/2025 05/26/25 For Sale $950,000 +27.5% $211 / Sq Ft
08/23/2023 08/23/23 Sold $745,000 -2.6% $166 / Sq Ft
08/15/2023 08/15/23 Pending -- -- --
07/22/2023 07/22/23 For Sale $765,000 +58.4% $170 / Sq Ft
03/09/2021 03/09/21 Sold $483,000 0.0% $107 / Sq Ft
02/03/2021 02/03/21 Pending -- -- --
12/11/2020 12/11/20 For Sale $483,000 +15.0% $107 / Sq Ft
04/17/2019 04/17/19 Sold $420,000 0.0% $93 / Sq Ft
03/02/2019 03/02/19 Pending -- -- --
02/20/2019 02/20/19 For Sale $420,000 +47.4% $93 / Sq Ft
09/25/2017 09/25/17 Sold $285,000 0.0% $63 / Sq Ft
09/14/2017 09/14/17 Pending -- -- --
06/29/2017 06/29/17 For Sale $285,000 +28.4% $63 / Sq Ft
01/07/2016 01/07/16 Sold $222,000 0.0% $49 / Sq Ft
12/03/2015 12/03/15 Pending -- -- --
08/20/2015 08/20/15 For Sale $222,000 +20.0% $49 / Sq Ft
06/19/2013 06/19/13 Sold $185,000 0.0% $41 / Sq Ft
06/10/2013 06/10/13 Pending -- -- --
03/22/2013 03/22/13 For Sale $185,000 -- $41 / Sq Ft
Source: Fresno MLS

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Source: Fresno MLS

MLS Number: 631025

Fresno MLS