Excellent investment opportunity in the growing Reedley market. This fully occupied fourplex features four 2-bedroom, 1-bath units totaling approximately 3,144 square feet, providing consistent rental income. Three units have been updated with modern kitchens, bathrooms, and durable LVP flooring, while one unit offers long-term tenancy. Each unit includes central HVAC and indoor laundry, enhancing overall appeal. Conveniently located near schools, shopping, and commuter routes, this property is well-suited for investors seeking an income-producing asset with potential upside. Do not disturb tenants. Offers subject to inspection. Unit configuration per tax records; buyer to verify.
For sale
Price cut: $15K (8/3)
$629,900
1405 E Cypress Avenue, Reedley, CA 93654
8beds
4baths
3,144sqft
Quadruplex, Multi Family
Built in 1997
-- sqft lot
$622,000 Zestimate®
$200/sqft
$360/mo HOA
What's special
Durable lvp flooringIndoor laundryCentral hvac
- 109 days |
- 401 |
- 13 |
Zillow last checked:
Listing updated:
Listed by:
Marie Meza 559-246-4905,
eXp Realty of Greater Los Angeles, Inc.
Source: TCMLS,MLS#: 241411
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating
- Central
Cooling
- Central Air
Appliances
- Laundry: Other
Features
- Flooring: Laminate
Interior area
- Total structure area: 3,144
- Total interior livable area: 3,144 sqft
Property
Features
- Stories: 1
Lot
- Size: 3,485 Square Feet
- Dimensions: 59 x 61
Details
- Parcel number: 36346003
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex, Multi Family
- Attached to another structure: Yes
Materials
- Stucco
- Roof: Spanish Tile
Condition
- New construction: No
- Year built: 1997
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Other
Community & HOA
HOA
- Has HOA: Yes
- HOA fee: $360 monthly
Location
- Region: Reedley
Financial & listing details
- Price per square foot: $200/sqft
- Date on market: 5/1/2026
- Cumulative days on market: 110 days
- Income includes: Rent Only
Estimated market value
$622,000
$591,000 - $653,000
$1,471/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/3/2026 | Price change | $629,900-2.3%$200/sqft |
Source: Fresno MLS #648026 Report a problem | ||
| 7/2/2026 | Price change | $644,900-3%$205/sqft |
Source: MetroList Services of CA #226055804 Report a problem | ||
| 5/28/2026 | Price change | $664,900-2.9%$211/sqft |
Source:  TCMLS #241411 Report a problem | ||
| 4/30/2026 | Listed for sale | $684,900$218/sqft |
Source: Fresno MLS #648026 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.Climate risks
Neighborhood: 93654
Nearby schools
GreatSchools rating
- 9/10Great Western Elementary SchoolGrades: K-5Distance: 3.9 mi
- 9/10Navelencia Middle SchoolGrades: 6-8Distance: 6.1 mi
- 7/10Reedley High SchoolGrades: 9-12Distance: 1.2 mi
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A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
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