$450,000
SOLD DEC 20, 2024

316 N Ferger Ave Fresno, CA 93701

Lowell Neighborhood
7 Beds
4 Baths
2,824 Sq Ft
7,500 Sq Ft Lot

Recently Sold

$159 Per Sq Ft

5 Days on Market

Highlights

  • Heated Floors
  • 1-Story Property
  • Garage
  • Fenced Yard
  • Refrigerated and Evaporative Cooling System

About This Home

As of December 2024

Presenting a prime income property opportunity in Fresno! This fully occupied four-unit complex includes three spacious two-bedroom, one-bath units and a convenient studio unit, all generating solid cash flow. These well-maintained units are a breeze to rent and appeal to tenants year-round, offering dependable income for savvy investors.The complex has recently been upgraded with a new roof featuring durable composition shingles and a fresh exterior paint job, ensuring a polished appearance and added peace of mind. Ideally located near major freeways (41, 99, and 180), tenants have easy access to Roeding Park, with Storyland and the Fresno Chaffee Zoo, as well as nearby shopping, dining, and cultural experiences in the Tower District and downtown Fresno. Don't miss out on this income-generating property in a desirable, accessible location!

Last Agent to Sell the Property

Douglas Dart

Dart Realty License #01327834 Listed on: 11/12/2024

Last Buyer's Agent

Chris Cissel

Premier Plus Real Estate Compa License #01371997

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1954

Lot Details

  • 7,500 Sq Ft Lot
  • Fenced Yard

Home Design

  • Quadruplex
  • Wood Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,824 Sq Ft Home
  • 1-Story Property
  • Heated Floors

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Parking

  • Garage
  • Uncovered Parking

Utilities

  • Refrigerated and Evaporative Cooling System

Listing and Financial Details

  • Tenant pays for electricity, gas, cable TV

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • Gross Income $43,405

Property Details

Home Type

Multi-Family

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Type: Multi Family
  • Property Sub Type: Quadruplex
  • Price Per Square Foot: 159.35
  • Year Built Exception: 0
  • Stories: One
  • Special Features: None
  • Year Built: 1954

Interior Features

  • Fireplace: None
  • Bathrooms: 4.00
  • Bedrooms: 7
  • Square Footage: 2824.00

Exterior Features

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

Garage/Parking

  • Additional Parking: Garage, Uncovered

Utilities

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

Condo/Co-op/Association

  • Association: Fresno MLS

Lot Info

  • Acres: 0.1722
  • Lot Measurement: Square Feet
  • Lot Size Sq Ft: 7500.00
  • Price Per Acre: 2613240.42

Building Info

  • Year Built: 1954

Rental Info

  • TenantPays: Electricity, Gas, Cable TV

Multi Family

  • Annual Income: 43405.00
  • IncomeIncludes: Unit Rent
  • Total Units: 4

MLS Schools

  • School District 2: Fresno Unified

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
12/20/2024 12/20/24 Sold $450,000 +0.1% $159 / Sq Ft
11/17/2024 11/17/24 Pending -- -- --
11/12/2024 11/12/24 For Sale $449,500 +135.3% $159 / Sq Ft
05/18/2016 05/18/16 Sold $191,000 0.0% $68 / Sq Ft
04/04/2016 04/04/16 Pending -- -- --
07/24/2015 07/24/15 For Sale $191,000 -- $68 / Sq Ft
Source: Fresno MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Douglas Dart

    Seller's Agent in 2024

    Douglas Dart

    Dart Realty

    (559) 442-4141

    1 in this area

    92 Total Sales

    Douglas Dart
    Section Image
  • Chris Cissel

    Buyer's Agent in 2024

    Chris Cissel

    Premier Plus Real Estate Compa

    (559) 824-9452

    1 in this area

    129 Total Sales

    Chris Cissel
    Section Image
  • Michael Garabedian

    Seller's Agent in 2016

    Michael Garabedian

    London Properties, Ltd.

    (559) 436-4065

    2 in this area

    62 Total Sales

    Michael Garabedian
    Section Image

  • B

    Seller Co-Listing Agent in 2016

    Bobby Ward

    Keller Williams Fresno

See All Agents

Map

Source: Fresno MLS

MLS Number: 621380

Fresno MLS
California Fresno County Fresno 93701 Lowell

316 N Ferger Ave, Fresno, CA

This home is located at 316 N Ferger Ave, Fresno, CA 93701 and is currently priced at $450,000, approximately $159 per square foot. This property was built in 1954. 316 N Ferger Ave is a home located in Fresno County with nearby schools including Muir Elementary, Fort Miller Middle School, and Fresno 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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