Excellent Investment Opportunity in the Heart of Reedley! This well-maintained fourplex features four spacious 2-bedroom, 1-bath units, each currently occupied by reliable long-term tenants who would love to stay. With strong rental history and steady cash flow, this property is ideal for investors looking to expand their portfolio with minimal turnover. Situated in a convenient Reedley location close to schools, shopping, and parks. Don't miss your chance to own a solid income-producing property with built-in stability! Also available neighboring 4 plex, for a total of 8 units in the same spot.
Sold for $640,000
$640,000
1405 W Cypress Ave #157, Reedley, CA 93654
8beds
4baths
3,144sqft
Multi Family, Quadruplex
Built in 1997
-- sqft lot
$616,700 Zestimate®
$204/sqft
$1,532 Estimated rent
Home value
$616,700
$586,000 - $648,000
$1,532/mo
Zestimate® history
Owner options
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$1,532/mo
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$1,532/mo
Rent Zestimate®
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$4,218/mo
Est. payment
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$4,218/mo
Est. payment
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List your homeWhat's special
Well-maintained fourplex
Zillow last checked:
Listing updated:
Listed by:
Sarah Gillespie DRE #01843339 559-375-6841,
Executive Realty Associates
Bought with:
Parminder Singh, DRE #01855628
London Properties-Kingsburg
Source: Fresno MLS,MLS#: 643183Originating MLS: Fresno MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating
- Has Heating (Unspecified Type)
Cooling
- Central Air
Features
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 3,144
- Total interior livable area: 3,144 sqft
Property
Parking
- Parking features: Carport, Covered
- Has carport: Yes
Features
- Levels: One
- Stories: 1
Lot
- Size: 3,598 Square Feet
- Features: Suburban
Details
- Parcel number: 36346009
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Quadruplex
Materials
- Stucco
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- Year built: 1997
Utilities & green energy
- Electric: On
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Public Utilities
Community & HOA
Location
- Region: Reedley
Financial & listing details
- Price per square foot: $204/sqft
- Tax assessed value: $175,835
- Date on market: 2/2/2026
- Cumulative days on market: 150 days
- Listing agreement: Exclusive Right To Sell
- Tenant pays: All Utilities
- Income includes: Unit Rent, Month to Month, Lease
Price history
| Date | Event | Price |
|---|---|---|
| 7/1/2026 | Sold | $640,000-1.5%$204/sqft |
Source: Fresno MLS #643183 Report a problem | ||
| 3/26/2026 | Pending sale | $649,900$207/sqft |
Source: Fresno MLS #643183 Report a problem | ||
| 2/2/2026 | Listed for sale | $649,900$207/sqft |
Source: Fresno MLS #643183 Report a problem | ||
| 1/29/2026 | Listing removed | $649,900$207/sqft |
Source: Fresno MLS #633656 Report a problem | ||
| 1/8/2026 | Listed for sale | $649,900$207/sqft |
Source: Fresno MLS #633656 Report a problem | ||
| 11/13/2025 | Pending sale | $649,900$207/sqft |
Source: Fresno MLS #633656 Report a problem | ||
| 10/7/2025 | Listed for sale | $649,900$207/sqft |
Source: Fresno MLS #633656 Report a problem | ||
| 8/21/2025 | Pending sale | $649,900$207/sqft |
Source: Fresno MLS #633656 Report a problem | ||
| 7/12/2025 | Listed for sale | $649,900+364.2%$207/sqft |
Source: Fresno MLS #633656 Report a problem | ||
| 10/1/2012 | Sold | $140,000$45/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $175,835 +2% |
| 2025 | $2,002 +0.9% | $172,389 +2% |
| 2024 | $1,985 +1.3% | $169,010 +2% |
| 2023 | $1,960 -0.2% | $165,697 +2% |
| 2022 | $1,964 +2.2% | $162,449 +2% |
| 2021 | $1,921 -0.9% | $159,264 +1% |
| 2020 | $1,939 +2.9% | $157,632 +2% |
| 2019 | $1,885 +0.1% | $154,542 +2% |
| 2018 | $1,883 +5% | $151,512 +2% |
| 2017 | $1,793 -1.7% | $148,542 +2% |
| 2016 | $1,825 +3.6% | $145,630 +1.5% |
| 2015 | $1,762 +0.1% | $143,444 +2% |
| 2014 | $1,760 | $140,635 +0.5% |
| 2013 | -- | $140,000 +12% |
| 2012 | -- | $125,000 |
| 2011 | -- | $125,000 -30.9% |
| 2010 | -- | $180,775 -0.2% |
| 2009 | -- | $181,205 +2% |
| 2008 | -- | $177,653 +2% |
| 2007 | -- | $174,171 +2% |
| 2006 | -- | $170,757 +2% |
| 2005 | -- | $167,410 +2% |
| 2004 | -- | $164,128 -16.6% |
| 2003 | -- | $196,840 +2% |
| 2002 | -- | $192,982 +2% |
| 2001 | $1,892 | $189,199 |
Find assessor info on the county website
Neighborhood: 93654
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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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- California
- Fresno County
- Reedley
- 93654
- 1405 W Cypress Ave Unit 157
