$910,000

531 W Ashlan Ave Clovis, CA 93612

Estimated payment $5,702/month

10 Beds
6 Baths
4,783 Sq Ft
$190 Price per Sq Ft

Highlights

  • Fireplace
  • Central Air
  • Wood Siding

About This Home

Excellent income-producing opportunity in a high-demand Clovis location. This well-maintained 5-unit apartment building offers a 7% cap rate, steady rents, and long-term performing tenants. The property includes four 2BD/1BA units and one upgraded 2BD/2BA unit, each with its own carport and patio. Additional features include on-site laundry for tenant convenience. Located near grocery stores, coffee shops, schools, and major commuter routes with quick access to the airport. Strong rental demand and a tenant base make this a reliable addition to any investment portfolio.

Listing Agent

Amanda Miller

eXp Realty of Northern Califor License #02090628 Listed on: 11/19/2025

eXp Realty of Northern Califor

Co-Listing Agent

Martina Miller

eXp Realty of Northern Califor License #02103377

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1978

Parking

  • Carport

Home Design

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

Interior Spaces

  • 4,783 Sq Ft Home
  • 2-Story Property
  • Fireplace

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 6 Bathrooms

Additional Features

  • 8,160 Sq Ft Lot
  • Central Air

Community Details

  • 5 Units
  • Gross Income $93,540

Property Details

Home Type

Multi-Family

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Type: Multi Family
  • Property Sub Type: 5 to 15 Units
  • Price Per Square Foot: 190.26
  • Year Built Exception: 0
  • Stories: Two
  • Special Features: None
  • Year Built: 1978

Interior Features

  • Fireplace: One Unit
  • Bathrooms: 6.00
  • Bedrooms: 10
  • Square Footage: 4783.00

Exterior Features

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

Garage/Parking

  • Additional Parking: Carport

Utilities

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

Condo/Co-op/Association

  • Association: Fresno MLS

Lot Info

  • Acres: 0.1873
  • Lot Measurement: Square Feet
  • Lot Size Sq Ft: 8160.00
  • Price Per Acre: 4858515.75

Building Info

  • Year Built: 1978

Rental Info

  • TenantPays: Electricity, Gas

Multi Family

  • Annual Income: 93540.00
  • IncomeIncludes: Unit Rent
  • Total Units: 5

MLS Schools

  • School District 2: Fresno Unified

Map

Range of Values:

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List 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
11/19/2025 11/19/25 For Sale $910,000 -- $190 / Sq Ft
Source: Fresno MLS

Source: Fresno MLS

MLS Number: 640376

Fresno MLS
California Fresno County Clovis 93612

531 W Ashlan Ave, Clovis, CA

For Sale

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Amanda Miller
Listing Agent
Amanda Miller
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eXp Realty of Northern Califor
(559) 663-2909