Sold for $480,000

$480,000

2421 E Terrace Ave, Fresno, CA 93703

3beds

3baths

1,940sqft

Multi Family, Triplex

Built in 1950

-- sqft lot

$-- Zestimate^®

$247/sqft

$2,136 Estimated rent

Home value

Not available

Estimated sales range

Not available

$2,136/mo

Zestimate^® history

Owner options

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$2,136/mo

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$3,070/mo

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$3,070/mo

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What's special

Here is your chance to build your real estate portfolio with a fully rented three unit property. This triplex features 1bd/1ba units with a laundry room, spacious living room, and updated kitchen. Each unit has its own fenced off backyard and personal attached garage. The property is nestled in a quit neighborhood and 1-2 minutes walking distance from the VA Hospital. The units have been recently updated as in new flooring, new fencing, cabinets and paint. Currently two of the units are rented for $1150 per month, and the third unit is rented for $895 (long-term tenant) which can be increased to market rent of 1150 over time.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 3

Heating

Floor or Wall Heat

Appliances

Included: Refrigerator: One Unit, Stove: One Unit

Features

Has fireplace: No
Fireplace features: None

Interior area

Total structure area: 1,940
Total interior livable area: 1,940 sqft

Property

Parking

Parking features: Garage - Attached, Open
Has attached garage: Yes
Has uncovered spaces: Yes

Features

Levels: One
Stories: 1

Lot

Size: 8,102 Square Feet
Features: Urban

Details

Parcel number: 44526211

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family, Triplex

Materials

Stucco
Foundation: Concrete Perimeter
Roof: Wood

Condition

Year built: 1950

Utilities & green energy

Water: Public
Utilities for property: Public Utilities

Community & HOA

Location

Region: Fresno

Financial & listing details

Price per square foot: $247/sqft
Tax assessed value: $489,600
Annual tax amount: $6,373
Date on market: 3/7/2024
Cumulative days on market: 18 days
Listing agreement: Exclusive Right To Sell
Tenant pays: Electricity, Gas, Cable TV
Income includes: All

Price history

Date	Event	Price
4/15/2024	Sold	$480,000-3%$247/sqft
Source: Fresno MLS #609068 Report a problem
3/27/2024	Pending sale	$494,999$255/sqft
Source: Fresno MLS #609068 Report a problem
3/8/2024	Listed for sale	$494,999+127.1%$255/sqft
Source: Fresno MLS #609068 Report a problem
10/25/2019	Listing removed	$800
Source: Fresno Management Company Report a problem
10/23/2019	Listed for rent	$800
Source: Zillow Rental Network Report a problem
12/15/2017	Sold	$218,000-0.9%$112/sqft
Source: Public Record Report a problem
10/12/2017	Listed for sale	$220,000+28.7%$113/sqft
Source: Fresno Income Properties #491348 Report a problem
9/28/2015	Sold	$171,000+71%$88/sqft
Source: Public Record Report a problem
5/8/2009	Sold	$100,000-45.3%$52/sqft
Source: Public Record Report a problem
8/5/2008	Sold	$182,750-31%$94/sqft
Source: Public Record Report a problem
9/2/2004	Sold	$265,000+46.4%$137/sqft
Source: Public Record Report a problem
12/24/2003	Sold	$181,000+44.8%$93/sqft
Source: MetroList Services of CA #230603365 Report a problem
6/28/2002	Sold	$125,000+27.6%$64/sqft
Source: Public Record Report a problem
3/1/1994	Sold	$98,000$51/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$6,373 +103.6%	$489,600 +101.3%
2024	$3,131 +1.9%	$243,179 +2%
2023	$3,071 +1.4%	$238,412 +2%
2022	$3,030 +2.8%	$233,738 +2%
2021	$2,947 +0.4%	$229,156 +1%
2020	$2,935 +4%	$226,807 +2%
2019	$2,823 +2.2%	$222,360 +2%
2018	$2,762 -7.6%	$218,000 +25%
2017	$2,989 +115.6%	$174,420 +60.3%
2016	$1,387 +1.5%	$108,775 +1.5%
2015	$1,366 +2.2%	$107,142 +2%
2014	$1,336	$105,044 +0.5%
2013	--	$104,570 +2%
2012	--	$102,521 +2%
2011	--	$100,512 +0.8%
2010	--	$99,762 -33.5%
2009	--	$150,000 -48.6%
2008	--	$291,830 +2%
2007	--	$286,109 +2%
2006	--	$280,500 +148.8%
2002	--	$112,749 +2%
2001	$1,367	$110,539