264 Osmun Ave Clovis, CA 93612
Estimated payment $5,035/month
Highlights
- Corner Lot
- Clovis Elementary School Rated A-
- Central Air
About This Home
Exceptional investment opportunity in the heart of Clovis. This large triplex offers an outstanding opportunity to acquire a well-located multifamily asset that rarely trades in the open market. Situated within the highly sought-after Clovis Unified School District, the property benefits from consistent tenant demand and strong long-term fundamentals. Each of the three units are 2 bed/1.5 bath townhome-style, offering 1,360 square feet of living space, well above the average for the submarket. Each unit also includes a detached single-car garage, a feature tenants value and differentiate this asset from competing rentals.Current rents are estimated to be 25-30% below market, providing a clear and immediate value-add opportunity through straightforward rent increases at turnover.Additionally, the property presents an opportunity to implement a RUBS (Ratio Utility Billing System) program to recapture utility costs currently absorbed by ownership, further improving net operating income.An April 2026 termite inspection report and due diligence folder are available upon request. Do not disturb tenants.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1985
Lot Details
- 7,500 Sq Ft Lot
- Corner Lot
Parking
- Uncovered Parking
Home Design
- Triplex
- Composition Roof
- Concrete Perimeter Foundation
- Stucco
Interior Spaces
- 4,080 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 6 Bedrooms
- 4.5 Bathrooms
Utilities
- Central Air
Community Details
- 3 Units
- Gross Income $46,800
Map
Home Values in the Area
Average Home Value in this Area
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 | $5,976 | $504,849 | $52,222 | $452,627 |
| 2023 | $5,861 | $485,247 | $50,196 | $435,051 |
| 2022 | $5,673 | $475,733 | $49,212 | $426,521 |
| 2021 | $5,515 | $466,406 | $48,248 | $418,158 |
| 2020 | $5,493 | $461,625 | $47,754 | $413,871 |
| 2019 | $5,387 | $452,574 | $46,818 | $405,756 |
| 2018 | $5,270 | $443,700 | $45,900 | $397,800 |
| 2017 | $3,408 | $285,000 | $35,000 | $250,000 |
| 2016 | $3,359 | $285,000 | $35,000 | $250,000 |
| 2015 | $3,183 | $270,000 | $35,000 | $235,000 |
| 2014 | $3,011 | $255,000 | $30,000 | $225,000 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/04/2026 05/04/26 | Pending | -- | -- | -- | |
| 04/22/2026 04/22/26 | Price Changed | $849,900 | +6.3% | $208 / Sq Ft | |
| 04/21/2026 04/21/26 | For Sale | $799,900 | +84.3% | $196 / Sq Ft | |
| 04/25/2017 04/25/17 | Sold | $434,000 | 0.0% | $106 / Sq Ft | View Prior Sale |
| 03/23/2017 03/23/17 | Pending | -- | -- | -- | |
| 03/09/2017 03/09/17 | For Sale | $434,000 | -- | $106 / Sq Ft |
Source: Fresno MLS
MLS Number: 647513
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