$615,000
SOLD SEP 25, 2024

4856 E University Ave Fresno, CA 93703

McLane Neighborhood
8 Beds
6 Baths
4,296 Sq Ft
6,500 Sq Ft Lot

Recently Sold

$143 Per Sq Ft

2% Below List Price

16 Days on Market

About This Home

As of September 2024

Discover an exceptional investment opportunity with this well-maintained four-plex in Fresno, CA 93703. This property features long-term tenants, ensuring a steady income stream. The complex is low maintenance and offers a high net return, making it an ideal addition to your real estate portfolio.The four units include:A two-story townhouse with 2 bedrooms and 2 bathrooms rent is $1000.A unit with 2 bedrooms and 2 bathrooms rent is $1000.Two units each with 2 bedrooms and 1 bathroom. One unit rents for $1250 and the other is $1000.The property is in excellent condition, with recent updates ensuring minimal upkeep is required. Located in a desirable area with high rental demand, this four-plex promises solid returns and hassle-free management.Call now for more details or to schedule a viewing.

Last Agent to Sell the Property

Charles Vangolds

LPT Realty, Inc License #01913647

Last Buyer's Agent

Charles Vangolds

LPT Realty, Inc License #01913647

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1970

Parking

  • Covered Parking

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Composition Roof
  • Wood Siding
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 4,296 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 6 Bathrooms

Additional Features

  • 6,500 Sq Ft Lot
  • Central Air

Community Details

  • 4 Units
  • Gross Income $51,000

Listing and Financial Details

  • Tenant pays for electricity, gas

Property Details

Home Type

Multi-Family

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Type: Multi Family
  • Property Sub Type: Quadruplex
  • Price Per Square Foot: 143.16
  • Year Built Exception: 0
  • Stories: Two
  • Special Features: None
  • Year Built: 1970

Interior Features

  • Fireplace: None
  • Bathrooms: 6.00
  • Bedrooms: 8
  • Square Footage: 4296.00

Exterior Features

  • Roofing: Composition
  • Exterior: Stucco, Wood, Brick
  • Foundation: Concrete Perimeter

Garage/Parking

  • Additional Parking: Covered

Utilities

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

Condo/Co-op/Association

  • Association: Fresno MLS

Lot Info

  • Acres: 0.1492
  • Lot Measurement: Square Feet
  • Lot Size Sq Ft: 6500.00
  • Price Per Acre: 4121983.91

Building Info

  • Year Built: 1970

Rental Info

  • TenantPays: Electricity, Gas

Multi Family

  • Annual Income: 51000.00
  • IncomeIncludes: Unit Rent
  • Total Units: 4

MLS Schools

  • School District 2: Fresno Unified

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Similar Home in Fresno, CA

  • 3734 N Abby St, Fresno, CA 93726

    $640,000

    • 6 Beds
    • 3,194 Sq Ft
    • 3734 N Abby St
    • Fresno, CA

    Prime 4-Plex Investment Opportunity - FHA Eligible!Located near Manchester Mall, this fully rented 4-plex is a fantastic investment opportunity! The property features two 2-bedroom, 1-bath units and two 1-bedroom, 1-bath units, each equipped with washer/dryer hookups and a 1-car garage.Key Highlights: One unit completely renovated, newer HVAC system, modern finishes, and upgraded interiors. Other

    Gautam Atri Universal Realty Services, Inc

    Section Image
See All Homes in Fresno

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
09/25/2024 09/25/24 Sold $615,000 -1.6% $143 / Sq Ft
08/07/2024 08/07/24 Pending -- -- --
07/22/2024 07/22/24 For Sale $625,000 -- $145 / Sq Ft
Source: Fresno MLS

Source: Fresno MLS

MLS Number: 615823

Fresno MLS

California Fresno County Fresno 93703 McLane

4856 E University Ave, Fresno, CA

Homes for Sale in Fresno, CA

This home is located at 4856 E University Ave, Fresno, CA 93703 and is currently priced at $615,000, approximately $143 per square foot. This property was built in 1970. 4856 E University Ave is a home located in Fresno County with nearby schools including Ericson Elementary School, Scandinavian Middle School, and Mclane 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.

Nearby Homes