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For sale
  • $1,399,000

    2702 E Hedges Ave, Fresno, CA 93703

    20beds
    10baths
    5,182sqft
    : 
    $9,339/mo
    Get pre-qualified
    Multi Family
    Built in 1942
    -- sqft lot
    $-- Zestimate®
    $270/sqft
    $-- HOA

    What's special

    Adjacent vacant lot
    Rare chance to acquire a cash-flowing 10-unit property with an adjacent vacant lot and city-approved plans to build 5 additional units. Property is currently fully rented with rents under market and clear upside through rent growth and future development.The included entitled lot allows for immediate expansion, with projected post-buildout income exceeding $200k+, creating a strong long-term value-add opportunity. Located in a high-demand rental corridor with low vacancy and low ongoing maintenance.Seller will consider seller financing with terms more favorable than conventional bank financing. A substantial down payment is required. This structure may provide qualified buyers added flexibility and improved cash flow compared to traditional lending.Ideal for 1031 exchange buyers, value-add investors, or developers seeking current income with scalable upside.
    175 days
    |
    160
    |
    12
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Jin Kim DRE #01456017 559-212-4489,

    The JKRE Investment Group

    Source: Fresno MLS,MLS#: 643364Originating MLS: Fresno MLS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 20
      • Bathrooms: 10
      Heating
      • Floor or Wall Heat
      Cooling
      • Wall/Window Unit(s)
      Features
      • Has fireplace: No
      • Fireplace features: None
      Interior area
      • Total structure area: 5,182
      • Total interior livable area: 5,182 sqft

      Property

      Parking
      • Parking features: Open
      • Has uncovered spaces: Yes
      Features
      • Levels: One
      • Stories: 1
      Lot
      • Size: 0.96 Acres
      • Features: Urban
      Details
      • Parcel number: 45131201

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Stucco
      • Foundation: Concrete Perimeter
      • Roof: Composition
      Condition
      • Year built: 1942

      Utilities & green energy

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

      Community & HOA

      Location
      • Region: Fresno

      Financial & listing details

      • Price per square foot: $270/sqft
      • Date on market: 2/4/2026
      • Cumulative days on market: 154 days
      • Listing agreement: Exclusive Right To Sell
      • Tenant pays: None
      • Income includes: Unit Rent

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/17/2026Listed for sale$1,399,000$270/sqft
        Source: Fresno MLS #643364 Report a problem
        5/27/2026Pending sale$1,399,000$270/sqft
        Source: Fresno MLS #643364 Report a problem
        2/4/2026Listed for sale$1,399,000+7.6%$270/sqft
        Source: Fresno MLS #643364 Report a problem
        5/16/2025Listing removed$1,299,999$251/sqft
        Source: Fresno MLS #628721 Report a problem
        5/12/2025Price change$1,299,999-7.1%$251/sqft
        Source: Fresno MLS #628721 Report a problem
        4/16/2025Listed for sale$1,399,999-12.4%$270/sqft
        Source: Fresno MLS #628721 Report a problem
        6/26/2024Listing removed--
        Source: Fresno MLS #607858 Report a problem
        2/8/2024Price change$1,599,000+18.4%$309/sqft
        Source: Fresno MLS #607858 Report a problem
        10/19/2022Pending sale$1,350,000$261/sqft
        Source: Fresno MLS #585658 Report a problem
        10/4/2022Listed for sale$1,350,000$261/sqft
        Source: Fresno MLS #585658 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: Fresno High Roeding

        Getting around

        70 / 100
        Somewhat Walkable
        46 / 100
        Some Transit
        70 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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