337 N Effie St Unit 101 Fresno, CA 93701
Jefferson NeighborhoodEstimated payment $3,893/month
About This Home
Exceptional Investment Opportunity - High ROI & Passive Income!This well-maintained duplex at 337 N Effie in Fresno offers an incredible dual-income potential with two spacious units, each featuring 5 bedrooms and 2 baths. Both units have 1 car garage. Which makes it more desirable for tenants.🔹 Rental-Ready! Both units are currently being painted and will be rented soon.🔹 Tenants Cover Utilities! Separate water meters with tenants paying for water, sewer, and garbage--- major investor advantage.🔹 Washer & Dryer Hookups! An added feature that increases tenant desirability.🔹 Strong Cash Flow! With the 2024 Fresno Housing Authority Payment Standards allowing $2,975 per unit, this property offers a projected rental income of $5,950/month.📍 Prime Location!Near Community Regional Medical Center & Downtown FresnoApproximately mile from Hwy 41 for easy commutingClose to shopping, restaurants, and the vibrant Tower Districthome to some of Fresno's best dining and entertainmentCompetitively priced with strong cap rates, this is a must-have asset for investors seeking high returns and long-term appreciation.📞 Contact your agent today for more details!
Property Details
Home Type
- Multi-Family
Year Built
- Built in 2007
Home Design
- Duplex
- Composition Roof
- Concrete Perimeter Foundation
- Stucco
Interior Spaces
- 2,634 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 10 Bedrooms
- 4 Bathrooms
Additional Features
- 7,500 Sq Ft Lot
- Central Air
Community Details
- 2 Units
- Gross Income $71,400
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
02/06/2025 02/06/25 | Price Changed | $595,000 | -7.0% | $226 / Sq Ft |
12/13/2024 12/13/24 | For Sale | $640,000 | -- | $243 / Sq Ft |
Source: Fresno MLS
MLS Number: 622603

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