$762,500
SOLD APR 7, 2025

551 W Lincoln Ave Clovis, CA 93612

6 Beds
6 Baths
4,312 Sq Ft
7,956 Sq Ft Lot

Recently Sold

$177 Per Sq Ft

2% Above List Price

12 Days on Market

Highlights

  • Second Dishwasher
  • Clark Intermediate School Rated A
  • Central Air

About This Home

As of April 2025

Don't miss out on this great opportunity to own a 6-plex in Clovis!3 downstairs units and 3 upstairs units. These spacious one-bedroom one-bath units have a great floorplan and each bedroom has a large walk-in closet. Coin-operated laundry room, and common fenced area for tenants. New Roof was put on in June 2024.Current rents for 2025 are set at $5,725 monthly. As of 3/1, rents will be $5,915/month.Rental Income for 2024 $60,630.00Expenses for 2024 $20,062.00Net Income 2024 $40,568.00

Last Agent to Sell the Property

Carol Atkins

Realty Concepts, Ltd. - Fresno License #01297734 Listed on: 01/31/2025

Realty Concepts, Ltd. - Fresno

Last Buyer's Agent

Travis Beck

Savvy Enterprises License #02059371

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1977

Parking

  • Carport

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 4,312 Sq Ft Home
  • 2-Story Property
  • Second Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Additional Features

  • 7,956 Sq Ft Lot
  • Central Air

Community Details

  • 6 Units
  • Gross Income $60,630

Listing and Financial Details

  • Tenant pays for electricity, gas

Property Details

Home Type

Multi-Family

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Type: Multi Family
  • Property Sub Type: 5 to 15 Units
  • Price Per Square Foot: 176.83
  • Year Built Exception: 0
  • Stories: Two
  • Special Features: None
  • Year Built: 1977

Interior Features

  • Dishwasher: More than One unit
  • Fireplace: None
  • Refrigerator: All Units
  • Stove: All units
  • Bathrooms: 6.00
  • Bedrooms: 6
  • Square Footage: 4312.00

Exterior Features

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

Garage/Parking

  • Additional Parking: Carport, Covered, One Space per Unit

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: 0.1826
  • Lot Measurement: Square Feet
  • Lot Size Sq Ft: 7956.00
  • Price Per Acre: 4175794.09

Building Info

  • Year Built: 1977

Rental Info

  • TenantPays: Electricity, Gas

Multi Family

  • Annual Income: 60630.00
  • IncomeIncludes: Laundry, Month to Month, Lease
  • Total Units: 6

MLS Schools

  • School District 2: Clovis Unified

Range of Values:

--
Value Increase
--
Percent Increase
--
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
04/07/2025 04/07/25 Sold $762,500 +1.7% $177 / Sq Ft
02/12/2025 02/12/25 Pending -- -- --
01/31/2025 01/31/25 For Sale $749,900 +38.9% $174 / Sq Ft
06/24/2013 06/24/13 Sold $540,000 0.0% $63 / Sq Ft View Prior Sale
05/17/2013 05/17/13 Pending -- -- --
04/01/2013 04/01/13 For Sale $540,000 -- $63 / Sq Ft
Source: Fresno 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 $3,991 $332,471 $43,093 $289,378
2023 $3,916 $319,563 $41,421 $278,142
2022 $3,792 $313,298 $40,609 $272,689
2021 $3,688 $307,156 $39,813 $267,343
2020 $3,674 $304,007 $39,405 $264,602
2019 $3,604 $298,047 $38,633 $259,414
2018 $3,526 $292,204 $37,876 $254,328
2017 $3,467 $286,476 $37,134 $249,342
2016 $3,352 $280,859 $36,406 $244,453
2015 $3,302 $276,642 $35,860 $240,782
2014 $3,242 $271,224 $35,158 $236,066
Source: Public Records

Agents Affiliated with this Home

  • Carol Atkins

    Seller's Agent in 2025

    Carol Atkins

    Realty Concepts, Ltd. - Fresno

    (559) 978-9500

    15 in this area

    72 Total Sales

    Carol Atkins
    Section Image
  • Travis Beck

    Buyer's Agent in 2025

    Travis Beck

    Savvy Enterprises

    (559) 309-1785

    15 in this area

    83 Total Sales

    Travis Beck
    Section Image

  • G

    Seller's Agent in 2013

    Glenn Hammerburg

    Realty Fresno

    (559) 240-6135

    3 in this area

    76 Total Sales

    Glenn Hammerburg
    Section Image
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Map

Source: Fresno MLS

MLS Number: 624619

Fresno MLS
California Fresno County Clovis 93612

551 W Lincoln Ave, Clovis, CA

Sold

MultiFamily

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