NOT LISTED FOR SALE

2233 E Terrace Ave Fresno, CA 93703

McLane Neighborhood
3 Beds
2 Baths
1,512 Sq Ft
8,100 Sq Ft Lot

Last Sold November 04, 2024

Last sale price $345,000 $228 Per Sq Ft

31 Days on Market

About This Home

As of November 2024

Welcome to 2 E Terrace Ave in Fresno, CAa well-maintained duplex offering an excellent investment opportunity or multi-family living. This property features two separately metered units, each with its own enclosed garage, in-unit laundry, mini-split AC, and private yard space. Both units had been renovated in 2019, to include new laminate flooring, remodeled bathrooms, in-unit laundry. The building has just been recently painted on the exterior, ensuring a comfortable and modern living space. The front unit features brand-new mini-split AC, spacious living and kitchen, and lots of storage areas.The back unit is equally charming, also featuring brand-new AC, spacious interiors, and a strong rental history. Both units are currently on month-to-month leases, making this property a reliable income generator. The property's roof was serviced in 2019, providing peace of mind for years to come. Owners are responsible for water, sewer, and trash, while tenants cover their own gas and electric expenses. Don't miss this opportunity to own a duplex in a desirable Fresno neighborhood with strong rental potential and numerous updates!

Last Agent to Sell the Property

Jordan Medeiros

Real Broker License #01982536 Listed on: 08/30/2024

Real Broker

Last Buyer's Agent

Norma Hollnagel

London Properties-Kingsburg License #02074550

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • 8,100 Sq Ft Lot

Home Design

  • Duplex
  • Wood Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,512 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating

Community Details

  • 2 Units
  • Gross Income $30,000

Listing and Financial Details

  • Tenant pays for electricity, gas

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Type: Multi Family
  • Property Sub Type: Duplex
  • Price Per Square Foot: 228.17
  • Year Built Exception: 0
  • Stories: One
  • Special Features: None
  • Year Built: 1950

Interior Features

  • Disposal: All units
  • Fireplace: None
  • Refrigerator: All Units
  • Stove: All units
  • Bathrooms: 2.00
  • Bedrooms: 3
  • Square Footage: 1512.00

Exterior Features

  • Roofing: Composition
  • Exterior: Stucco
  • Foundation: Wood Subfloor

Utilities

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

Condo/Co-op/Association

  • Association: Fresno MLS

Lot Info

  • Acres: 0.1860
  • Lot Measurement: Square Feet
  • Lot Size Sq Ft: 8100.00
  • Price Per Acre: 1854838.71

Building Info

  • Year Built: 1950

Rental Info

  • TenantPays: Electricity, Gas

Multi Family

  • Annual Income: 30000.00
  • IncomeIncludes: Unit Rent, Month to Month
  • Total Units: 2

MLS Schools

  • School District 2: Fresno Unified
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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 List to Sale Price per Sq Ft Prior Sale
11/04/2024 11/04/24 Sold $345,000 +0.6% $228 / Sq Ft
09/30/2024 09/30/24 Pending -- -- --
08/30/2024 08/30/24 For Sale $342,900 +81.4% $227 / Sq Ft
07/30/2019 07/30/19 Sold $189,000 0.0% $125 / Sq Ft View Prior Sale
06/28/2019 06/28/19 Pending -- -- --
06/11/2019 06/11/19 For Sale $189,000 -- $125 / Sq Ft
Source: Fresno MLS

Tax History

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 $4,489 $345,000 $52,000 $293,000
2023 $2,600 $198,669 $37,840 $160,829
2022 $2,516 $194,775 $37,099 $157,676
2021 $2,448 $190,957 $36,372 $154,585
2020 $2,437 $189,000 $36,000 $153,000
2019 $2,028 $160,000 $40,000 $120,000
2018 $1,775 $140,000 $40,000 $100,000
2017 $1,654 $130,000 $40,000 $90,000
2016 $1,631 $130,000 $40,000 $90,000
2015 $1,508 $120,000 $40,000 $80,000
2014 $1,260 $100,000 $30,000 $70,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Fresno MLS

MLS Number: 617950

Fresno MLS