Exceptional 5-Unit Investment Opportunity - Strong Income Potential.Welcome to 2263 E Thomas Ave, a rare multi-unit investment property offering five well-positioned units.This income-producing asset is ideal for both seasoned investors and those looking to expand their portfolio.With consistent rental demand in the area, this property presents an excellent opportunity for immediate income generation and future rent growth.Whether you're seeking a turnkey asset or a value-add opportunity, 2263 E Thomas Ave delivers flexibility, location, and income potential in one compelling package.
Accepting backups
Price cut: $20.1K (7/31)
$424,900
2263 E Thomas Ave, Fresno, CA 93701
5beds
5baths
2,942sqft
Multi Family
Built in 1948
-- sqft lot
$-- Zestimate®
$144/sqft
$-- HOA
What's special
- 127 days
- 45
- 0
Zillow last checked:
Listing updated:
Listed by:
Jayra Villa DRE #02046217,
eXp Realty of Greater Los Ange,
Marie Meza DRE #01772801 559-577-3599,
eXp Realty of Greater Los Ange
Source: Fresno MLS,MLS#: 648133Originating MLS: Fresno MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 5
Heating
- Has Heating (Unspecified Type)
Cooling
- Central Air
Appliances
- Included: Refrigerator: All Units, Stove: All units
Features
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 2,942
- Total interior livable area: 2,942 sqft
Property
Parking
- Parking features: Carport, Covered
- Has carport: Yes
Features
- Levels: One
- Stories: 1
Lot
- Size: 0.45 Acres
- Features: Urban
Details
- Parcel number: 45223525
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Stucco
- Foundation: Concrete Perimeter, Wood Subfloor
- Roof: Composition
Condition
- Year built: 1948
Utilities & green energy
- Electric: On
- Water: Public
- Utilities for property: Public Utilities
Community & HOA
Location
- Region: Fresno
Financial & listing details
- Price per square foot: $144/sqft
- Tax assessed value: $174,083
- Date on market: 5/1/2026
- Cumulative days on market: 128 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Government,Conventional,Cash
- Tenant pays: None
- Income includes: Other
Estimated market value
Not available
Estimated sales range
Not available
$2,712/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/1/2026 | Contingent | $424,900$144/sqft |
Source:  TCMLS #241434 Report a problem | ||
| 8/1/2026 | Pending sale | $424,900$144/sqft |
Source: Fresno MLS #648133 Report a problem | ||
| 7/31/2026 | Price change | $424,900-4.5%$144/sqft |
Source: Fresno MLS #648133 Report a problem | ||
| 7/15/2026 | Price change | $445,000-2.2%$151/sqft |
Source: Fresno MLS #648133 Report a problem | ||
| 6/23/2026 | Price change | $454,900-4.2%$155/sqft |
Source: Fresno MLS #648133 Report a problem | ||
| 5/2/2026 | Listed for sale | $474,900+216.6%$161/sqft |
Source: Fresno MLS #648133 Report a problem | ||
| 3/29/2018 | Sold | $150,000+71.4%$51/sqft |
Source: Public Record Report a problem | ||
| 7/18/1994 | Sold | $87,500$30/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $174,083 +2% |
| 2025 | $2,300 +3.8% | $170,670 +2% |
| 2024 | $2,216 +1.9% | $167,324 +2% |
| 2023 | $2,174 +1.3% | $164,044 +2% |
| 2022 | $2,146 +2.7% | $160,829 +2% |
| 2021 | $2,089 +0.4% | $157,676 +1% |
| 2020 | $2,080 +3.9% | $156,060 +2% |
| 2019 | $2,003 +17.7% | $153,000 +18.5% |
| 2018 | $1,701 +1.7% | $129,146 +2% |
| 2017 | $1,673 +3.2% | $126,615 +2% |
| 2016 | $1,621 +1.5% | $124,134 +1.5% |
| 2015 | $1,597 +2.5% | $122,270 +2% |
| 2014 | $1,559 | $119,876 +19.9% |
| 2013 | -- | $100,000 |
| 2012 | -- | $100,000 -12.8% |
| 2011 | -- | $114,701 +0.8% |
| 2010 | -- | $113,844 -0.2% |
| 2009 | -- | $114,116 +2% |
| 2008 | -- | $111,880 +2% |
| 2007 | -- | $109,687 +2% |
| 2006 | -- | $107,538 +2% |
| 2005 | -- | $105,430 +2% |
| 2004 | -- | $103,363 +1.9% |
| 2003 | -- | $101,470 +2% |
| 2002 | -- | $99,482 +2% |
| 2001 | $1,251 | $97,532 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Central
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