NOT LISTED FOR SALE

4128 E Madison Ave Fresno, CA 93702

Huntington Neighborhood
2 Beds
1 Bath
1,320 Sq Ft
6,098 Sq Ft Lot

Last Sold May 21, 2019

Last sale price $177,500 $134 Per Sq Ft

17 Days on Market

Highlights

  • Waterfront
  • Detached Garage
  • Central Air
  • Neighborhood Views
  • Patio
  • 1-Story Property

About This Home

As of May 2019

Positive CASH FLOW....and TURN KEY rental property for sale!! Here is a great income producing property, featuring 15-years plus long-term tenants, AND offers room to maximize your return with overdue rent increases. The current owner has replace the roof new, installed A/C's new, painted interior new, updated bathrooms, updated kitchen, and replaced flooring new. Both long-term tenants are highly interested in staying home. All interested buyers are welcome, as this property can prove to make a great first investment; Or will simply add more positive cash flow to your seasoned portfolio.

Last Agent to Sell the Property

Michael Hernandez

Modern Broker Listed on: 02/15/2019

Last Buyer's Agent

Michael Hernandez

Modern Broker Listed on: 02/15/2019

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 6,098 Sq Ft Lot
  • Waterfront
  • 1 Common Wall

Home Design

  • Duplex
  • Slab Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,320 Sq Ft Home
  • 1-Story Property
  • Neighborhood Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Parking

  • Detached Garage
  • Carport

Outdoor Features

  • Patio

Utilities

  • Central Air
  • Natural Gas Connected

Community Details

  • Operating Expense $3,750

Listing and Financial Details

  • Tenant pays for electricity, gas, cable TV
  • The owner pays for water, trash collection
  • Assessor Parcel Number 46005424

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.14
  • Lot Size: approx. - 50' x 125' - Buyer to verify
  • Directions: From N/Cedar Ave & E/Belmont Ave: go S/on Cedar, go W/on Madison Ave to property on the S/side of the street.
  • Garage Yn: Yes
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1963
  • ResoBuildingAreaSource: Assessor
  • Common Walls:_one_ Common Wall: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Private Spa: No
  • Owner Pays: Water, Trash Collection
  • Total Bedrooms: 2
  • Fireplace: No

Exterior Features

  • Pool Private: No
  • View: Neighborhood
  • Waterfront Features: Waterfront
  • Waterfront: Yes
  • Common Walls: 1 Common Wall
  • Construction Type: Stucco
  • Foundation Details: Slab
  • Patio And Porch Features: Multiple Patios, Patio
  • Roof: Composition
  • Patio and Porch Features:Patio2: Yes
  • Construction:Stucco: Yes
  • Waterfront Features:Waterfront2: Yes
  • Patio and Porch Features:Multiple Patios: Yes

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 1.0
  • Open Parking Spaces: 2.0
  • Parking Features: Detached, Asphalt, Carport
  • General Information:Garage: Yes
  • Parking Features:Detached: Yes
  • Parking Features:Carport: Yes
  • Unit 1:Garage Spaces: 2
  • General Information:_pound_ Uncovered Parking: 2.0
  • Parking Features:Asphalt4: Yes

Utilities

  • Cooling: Central Air
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public

Lot Info

  • Lot Size Sq Ft: 6098.0
  • Additional Parcels: No
  • Parcel #: 46005424
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Gas, Cable TV

Multi Family

  • Income Includes: ["Rent Only"]
  • Annual Operating Expense: 3750.0

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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List Price
Sold Price
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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
05/21/2019 05/21/19 Sold $177,500 -4.1% $134 / Sq Ft
03/05/2019 03/05/19 Pending -- -- --
02/15/2019 02/15/19 For Sale $185,000 +81.4% $140 / Sq Ft
09/24/2015 09/24/15 Sold $102,000 0.0% $77 / Sq Ft View Prior Sale
09/11/2015 09/11/15 Pending -- -- --
08/28/2015 08/28/15 For Sale $102,000 -- $77 / Sq Ft
Source: Tulare County MLS

Tax History Compared to Growth

Source: Public Records

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 $2,606 $197,999 $23,423 $174,576
2023 $2,508 $190,312 $22,514 $167,798
2022 $2,427 $186,581 $22,073 $164,508
2021 $2,362 $182,924 $21,641 $161,283
2020 $2,352 $181,050 $21,420 $159,630
2019 $1,398 $108,242 $21,224 $87,018
2018 $1,369 $106,120 $20,808 $85,312
2017 $1,346 $104,040 $20,400 $83,640
2016 $1,303 $102,000 $20,000 $82,000
2015 $898 $69,109 $16,585 $52,524
2014 $879 $67,757 $16,261 $51,496
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2019

    Michael Hernandez

    Modern Broker

  • Michael Garabedian

    Seller's Agent in 2015

    Michael Garabedian

    London Properties, Ltd.

    (559) 436-4065

    4 in this area

    57 Total Sales

    Michael Garabedian
    Section Image

  • B

    Seller Co-Listing Agent in 2015

    Bobby Ward

    Keller Williams Fresno

  • Rosario Garcia

    Buyer's Agent in 2015

    Rosario Garcia

    Better Homes & Garden Real Est

    (559) 999-8587

    5 in this area

    74 Total Sales

    Rosario Garcia
    Section Image
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Map

Source: Tulare County MLS

MLS Number: 144288

Tulare County MLS
California Fresno County Fresno 93702 Huntington

4128 E Madison Ave, Fresno, CA

Not Listed for Sale

MultiFamily

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.

Tulare County MLS Based on information from the Tulare County Association of REALTORS®. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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