$575,000
SOLD MAY 2, 2025

577 E Fountain Way Fresno, CA 93704

Maroa Neighborhood
6 Beds
5 Baths
3,360 Sq Ft
7,405 Sq Ft Lot

Recently Sold

$171 Per Sq Ft

15% Below List Price

154 Days on Market

Highlights

  • Heated Floors
  • Fenced Yard
  • Central Air
  • Corner Lot

About This Home

As of May 2025

GREAT INVESTMENT opportunity! Motivated sellers, property currently appraised for $725,000. This well maintained 5-unit complex has four 1-bedroom, 1-bath units and one 2-bedroom 1-bath unit, a laundry room, and covered parking. All units are currently rented with long-term tenants. It is centrally located in a well-developed neighborhood across from Gazebo Gardens and just steps away from Christmas Tree Lane. It is minutes from the Tower District, about a 5-minute drive to Fresno City College, 15 minutes to Fresno State University, and 1.2 miles to Freeway 41.

Last Agent to Sell the Property

Lillian Frankian

London Properties-Clovis License #01953665 Listed on: 10/10/2024

London Properties-Clovis

Last Buyer's Agent

Dustin Ilic CCIM

Visintainer Group License #01772625

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965

Lot Details

  • 7,405 Sq Ft Lot
  • Fenced Yard
  • Corner Lot
  • Front Yard Sprinklers

Parking

  • Carport

Home Design

  • Composition Roof
  • Stucco

Interior Spaces

  • 3,360 Sq Ft Home
  • 2-Story Property
  • Heated Floors
  • Leased Washer and Dryer

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Bathrooms

Utilities

  • Central Air
  • Cooling System Mounted To A Wall/Window

Community Details

  • 5 Units
  • Gross Income $48,000

Listing and Financial Details

  • Tenant pays for electricity, gas, cable TV

Property Details

Home Type

Multi-Family

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Type: Multi Family
  • Property Sub Type: 5 to 15 Units
  • Price Per Square Foot: 171.13
  • Year Built Exception: 0
  • Stories: Two
  • Leased Equipment: Washer/Dryer (s)
  • Special Features: None
  • Year Built: 1965

Interior Features

  • Dishwasher: None
  • Disposal: More than One Unit
  • Fireplace: None
  • Refrigerator: All Units
  • Stove: All units
  • Bathrooms: 5.00
  • Bedrooms: 6
  • Facilities: Utility Room
  • Square Footage: 3360.00

Exterior Features

  • Yard: Sprinkler - Front, Sprinkler - Auto, Fenced
  • Roofing: Composition
  • Exterior: Stucco
  • Foundation: Both

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, Floor or Wall Heat, Window or Wall A/C

Condo/Co-op/Association

  • Association: Fresno MLS

Association/Amenities

  • Site Amenities: Corner

Lot Info

  • Acres: 0.1700
  • Lot Measurement: Square Feet
  • Lot Size Sq Ft: 7405.00
  • Price Per Acre: 3382352.94

Building Info

  • Year Built: 1965

Rental Info

  • TenantPays: Electricity, Gas, Cable TV

Multi Family

  • Annual Income: 48000.00
  • IncomeIncludes: Unit Rent, Month to Month
  • Total Units: 5

MLS Schools

  • School District 2: Fresno Unified

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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
05/02/2025 05/02/25 Sold $575,000 -4.2% $171 / Sq Ft
03/13/2025 03/13/25 Pending -- -- --
03/06/2025 03/06/25 Price Changed $600,000 -7.0% $179 / Sq Ft
01/23/2025 01/23/25 Price Changed $645,000 -4.4% $192 / Sq Ft
12/30/2024 12/30/24 For Sale $675,000 0.0% $201 / Sq Ft
11/29/2024 11/29/24 Pending -- -- --
10/10/2024 10/10/24 For Sale $675,000 -- $201 / Sq Ft
Source: Fresno MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Lillian Frankian

    Seller's Agent in 2025

    Lillian Frankian

    London Properties-Clovis

    (559) 709-3966

    1 in this area

    36 Total Sales

    Lillian Frankian
    Section Image
  • Dustin Ilic CCIM

    Buyer's Agent in 2025

    Dustin Ilic CCIM

    Visintainer Group

    (559) 999-9829

    2 in this area

    6 Total Sales

    Dustin Ilic CCIM
    Section Image
See All Agents

Map

Source: Fresno MLS

MLS Number: 619884

Fresno MLS

California Fresno County Fresno 93704 Maroa

577 E Fountain Way, Fresno, CA

This home is located at 577 E Fountain Way, Fresno, CA 93704 and is currently priced at $575,000, approximately $171 per square foot. This property was built in 1965. 577 E Fountain Way is a home located in Fresno County with nearby schools including Hamilton School, Fresno High School, and Morris E. Dailey Charter Elementary 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.

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