$540,000
SOLD AUG 18, 2025

4781 N Polk Ave Unit 116 Fresno, CA 93722

Highway City Neighborhood
8 Beds
6 Baths
3,102 Sq Ft
5,460 Sq Ft Lot

Recently Sold

$174 Per Sq Ft

2% Below List Price

44 Days on Market

Highlights

  • Central Air
  • Garage
  • Wood Siding

About This Home

As of August 2025

Triplex investment opportunity in Fresno with strong rental income potential and recent upgrades. 4781 N Polk Ave #116-118 is the only triplex currently on the market featuring two spacious 3-bedroom, 2.5-bath units, located in a gated HOA community within the Central Unified School District. Unit 116: 3 bed / 2.5 bath - rented for $2,100/mo Unit 117: 2 bed / 1.5 bath - rented for $1,700/mo Unit 118: 3 bed / 2.5 bath - rented for $1,690/mo (long-term month-to-month tenant) Each unit includes a detached 1-car garage and an assigned parking space. Estimated market rents per Fresno Housing Authority: 3-bedroom: $2,280 | 2-bedroom: $1,620 Recent upgrades include new A/C units (2023) and updated flooring in Units 116 and 117, along with consistent upkeep throughout the property. The HOA is professionally managed. Monthly dues of $800 (approx. $266 per unit) cover water, garbage, and all exterior maintenance helping keep long-term ownership costs low. This is a rare chance to own a well-maintained income property in a quiet, desirable Fresno community. Perfect for investors or owner-occupants looking to live in one unit and rent out the others.

Last Agent to Sell the Property

Debra Hoeker

LPT Realty, Inc License #02111454 Listed on: 06/10/2025

Last Buyer's Agent

Debra Hoeker

LPT Realty, Inc License #02111454 Listed on: 06/10/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1993

Home Design

  • Triplex
  • Composition Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,102 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 6 Bathrooms

Parking

  • Garage
  • Uncovered Parking

Additional Features

  • 5,460 Sq Ft Lot
  • Central Air

Community Details

  • 3 Units
  • Gross Income $64,680

Listing and Financial Details

  • Tenant pays for all utilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Type: Multi Family
  • Property Sub Type: Triplex
  • Price Per Square Foot: 174.08
  • Year Built Exception: 0
  • Stories: Two
  • Special Features: None
  • Year Built: 1993

Interior Features

  • Fireplace: None
  • Bathrooms: 6.00
  • Bedrooms: 8
  • Facilities: Basketball Court
  • Square Footage: 3102.00

Exterior Features

  • Roofing: Composition
  • Exterior: Wood
  • Foundation: Concrete Perimeter

Garage/Parking

  • Additional Parking: Garage, Uncovered

Utilities

  • Gas And Electric: Public Utilities
  • Sewer/Water: Public Water
  • Heat/Cool: Central Heat/Cool

Condo/Co-op/Association

  • Association: Fresno MLS

Association/Amenities

  • Unit: 116

Lot Info

  • Acres: 0.1253
  • Lot Measurement: Square Feet
  • Lot Size Sq Ft: 5460.00
  • Price Per Acre: 4309656.82

Building Info

  • Year Built: 1993

Rental Info

  • TenantPays: All Utilities

Multi Family

  • Annual Income: 64680.00
  • IncomeIncludes: Unit Rent
  • Total Units: 3

MLS Schools

  • School District 2: Central 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
08/18/2025 08/18/25 Sold $540,000 -1.8% $174 / Sq Ft
07/24/2025 07/24/25 Pending -- -- --
06/10/2025 06/10/25 For Sale $550,000 -- $177 / Sq Ft
Source: Fresno MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Fresno MLS

MLS Number: 631756

Fresno MLS