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For sale
  • $2,995,000

    1228 Jefferson Ave, Clovis, CA 93612

    32beds
    16baths
    12,000sqft
    : 
    $20,025/mo
    Get pre-qualified
    Multi Family
    Built in 1965
    -- sqft lot
    $-- Zestimate®
    $250/sqft
    $-- HOA

    What's special

    Turnkey conditionOn-site laundry facility
    This well-maintained 16-unit multifamily property, located in the highly sought-after city of Clovis, presents an exceptional investment opportunity with both strong in-place income and future upside. The property is currently generating approximately $16,572 per month in gross rents, with clear potential to increase income by aligning rents with current market rates.Comprised of sixteen spacious 2-bedroom, 1-bathroom unitseach approximately 750 square feetthe property is in turnkey condition, offering minimal maintenance needs and a smooth transition for new ownership. An on-site laundry facility provides added convenience for tenants and an additional income stream for the owner.Set in a prime location with high rental demand, this asset offers investors immediate cash flow along with the opportunity for long-term appreciation and value growth. Don't miss the chance to acquire a consistent, high-performing asset in one of the Central Valley's most desirable rental markets.
    188 days
    |
    368
    |
    10
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Jin Kim DRE #01456017 559-212-4489,

    The JKRE Investment Group

    Source: Fresno MLS,MLS#: 642577Originating MLS: Fresno MLS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 32
      • Bathrooms: 16
      Heating
      • Has Heating (Unspecified Type)
      Cooling
      • Central Air
      Features
      • Has fireplace: No
      • Fireplace features: None
      Interior area
      • Total structure area: 12,000
      • Total interior livable area: 12,000 sqft

      Property

      Parking
      • Parking features: Carport
      • Has carport: Yes
      Features
      • Levels: Two
      • Stories: 2
      Lot
      • Size: 0.62 Acres
      • Features: Urban
      Details
      • Parcel number: 49811016

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Stucco
      • Foundation: Concrete Perimeter
      • Roof: Rolled/Hot Mop,Metal
      Condition
      • Year built: 1965

      Utilities & green energy

      • Electric: On
      • Water: Public
      • Utilities for property: Public Utilities

      Community & HOA

      Community
      • Features: Utility Room
      Location
      • Region: Clovis

      Financial & listing details

      • Price per square foot: $250/sqft
      • Date on market: 1/21/2026
      • Cumulative days on market: 470 days
      • Listing agreement: Exclusive Right To Sell
      • Tenant pays: Electricity, Gas
      • Income includes: Unit Rent

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        1/21/2026Listed for sale$2,995,000-3.4%$250/sqft
        Source: Fresno MLS #642577 Report a problem
        1/1/2026Listing removed$3,100,000$258/sqft
        Source: Fresno MLS #627413 Report a problem
        3/24/2025Listed for sale$3,100,000$258/sqft
        Source: Fresno MLS #627413 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 93612

        Getting around

        61 / 100
        Somewhat Walkable
        28 / 100
        Some Transit
        65 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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