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Sold for $750,000
  • $750,000

    4421 E Hedges Ave, Fresno, CA 93703

    12beds
    6baths
    4,608sqft
    Multi Family
    Built in 1967
    -- sqft lot
    $753,200 Zestimate®
    $163/sqft
    $1,622 Estimated rent

    Home value

    $753,200

    $685,000 - $829,000

    $1,622/mo

    Zestimate® history
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    $1,622/mo

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    $1,622/mo

    Rent Zestimate®

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    $4,832/mo

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    $4,832/mo

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    What's special

    New roofNew flooringExterior paintUpgraded appliances
    Rare opportunity to acquire Day 1 cashflow at this price point. This turnkey 6-unit property consists of all 2-bedroom, 1-bathroom units, each approximately 703 square feet. This property was completely renovated in 2020 with a new roof, windows, exterior paint, and plumbing fixtures. Recent unit upgrades include new flooring, paint and upgraded appliances. With rents near market value and a Day 1 cap rate of 6.8%, this property offers strong cash flow potential and a solid foundation for investors seeking reliable returns and portfolio growth. Current monthly gross rents total $7,718/m. Conveniently located near Highways 180 and 168, residents have easy access to nearby schools, parks, shopping centers, and other key amenities. Please do not disturb tenants or walk grounds. Walk-through and inspections will be granted upon offer acceptance.

    Zillow last checked:

    Listing updated:

    Listed by:

    Jin Kim DRE #01456017 559-212-4489,

    The JKRE Investment Group

    Bought with:

    Puneet Bhargava, DRE #01859500

    HomeSmart PV and Associates

    Source: Fresno MLS,MLS#: 645551Originating MLS: Fresno MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 12
    • Bathrooms: 6
    Heating
    • Has Heating (Unspecified Type)
    Cooling
    • Central Air
    Features
    • Has fireplace: No
    • Fireplace features: None
    Interior area
    • Total structure area: 4,608
    • Total interior livable area: 4,608 sqft

    Property

    Parking
    • Parking features: Carport
    • Has carport: Yes
    Features
    • Levels: Multi/Split
    Lot
    • Size: 10,497 Square Feet
    • Features: Urban
    Details
    • Parcel number: 45322415

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Stucco
    • Foundation: Concrete Perimeter
    • Roof: Composition
    Condition
    • Year built: 1967

    Utilities & green energy

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

    Community & HOA

    Location
    • Region: Fresno

    Financial & listing details

    • Price per square foot: $163/sqft
    • Date on market: 3/17/2026
    • Cumulative days on market: 30 days
    • Listing agreement: Exclusive Right To Sell
    • Tenant pays: Electricity, Gas
    • Income includes: Unit Rent

    Price history

    DateEventPrice
    6/24/2026Sold$750,000-6.2%$163/sqft
    Source: Fresno MLS #645551 Report a problem
    4/17/2026Pending sale$799,900$174/sqft
    Source: Fresno MLS #645551 Report a problem
    3/17/2026Listed for sale$799,900$174/sqft
    Source: Fresno MLS #645551 Report a problem
    11/10/2025Listing removed$1,195
    Source: Zillow Rentals Report a problem
    8/28/2025Listed for rent$1,195
    Source: Zillow Rentals Report a problem
    8/27/2025Listing removed$1,195
    Source: Zillow Rentals Report a problem
    8/9/2025Price change$1,195-4.4%
    Source: Zillow Rentals Report a problem
    7/1/2025Listing removed$799,900$174/sqft
    Source: Fresno MLS #626968 Report a problem
    4/28/2025Listed for sale$799,900$174/sqft
    Source: Fresno MLS #626968 Report a problem
    4/10/2025Pending sale$799,900$174/sqft
    Source: Fresno MLS #626968 Report a problem
    4/2/2025Listed for sale$799,900$174/sqft
    Source: Fresno MLS #626968 Report a problem
    3/31/2025Pending sale$799,900$174/sqft
    Source: Fresno MLS #626968 Report a problem
    3/15/2025Listed for sale$799,900+40.3%$174/sqft
    Source: Fresno MLS #626968 Report a problem
    3/12/2025Listed for rent$1,250
    Source: Zillow Rentals Report a problem
    11/20/2024Listing removed$1,250
    Source: Zillow Rentals Report a problem
    11/14/2024Listed for rent$1,250-3.8%
    Source: Zillow Rentals Report a problem
    11/6/2024Listing removed$1,300
    Source: Zillow Rentals Report a problem
    10/8/2024Listed for rent$1,300-6.8%
    Source: Zillow Rentals Report a problem
    10/1/2024Listing removed$1,395
    Source: Zillow Rentals Report a problem
    9/29/2024Listed for rent$1,395+64.1%
    Source: Zillow Rentals Report a problem
    8/18/2020Sold$570,000-4.8%$124/sqft
    Source: Agent Provided Report a problem
    6/25/2020Pending sale$599,000$130/sqft
    Source: Realty Source #542535 Report a problem
    3/22/2020Price change$599,000-4.2%$130/sqft
    Source: Realty Source #538734 Report a problem
    3/15/2020Listed for sale$625,000$136/sqft
    Source: Realty Source #538734 Report a problem
    1/8/2020Listing removed$850
    Source: Go Section8 Report a problem
    11/26/2019Listed for rent$850
    Source: Go Section8 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Roosevelt

    Nearby schools

    GreatSchools rating
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    $753,200
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    +$15,064
    With Zillow Showcase(estimated)
    $768,264