Fully occupied turnkey FOURPLEX! Three of the units are 2 bedrooms and 1 bathroom and have been renovated within the past 2 years, one unit has an extra half bathroom. Each unit has a single car garage and is separately metered for PG&E. Landlord is responsible for the City of Fresno utilities which include water, sewer, and trash. Laundry room is currently not in use but has all hook ups for washer and dryer to potentially generate additional income. Roof was last replaced approximately 15 years ago and one of the HVAC units was recently replaced. Current scheduled gross rents total $5,690/month. At asking, property performs at a 9.2 GRM and approximately 8.17% cap rate. Please DO NOT walk the grounds or disturb tenants, write offers subject to interior inspections.
Sold for $630,000
$630,000
4840 E University Ave, Fresno, CA 93703
8beds
5baths
3,722sqft
Multi Family, Quadruplex
Built in 1969
-- sqft lot
$-- Zestimate®
$169/sqft
$1,794 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,794/mo
Zestimate® history
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Single car garage
Zillow last checked:
Listing updated:
Listed by:
Jin Kim DRE #01456017 559-212-4489,
The JKRE Investment Group
Bought with:
Prasanna Panchamukhi, DRE #02188830
eXp Realty of California, Inc.
Source: Fresno MLS,MLS#: 622725Originating MLS: Fresno MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 5
Heating
- Has Heating (Unspecified Type)
Cooling
- Central Air
Features
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 3,722
- Total interior livable area: 3,722 sqft
Property
Parking
- Parking features: Garage - Attached
- Has attached garage: Yes
Features
- Levels: Two
- Stories: 2
Lot
- Size: 5,998 sqft
- Features: Suburban
Details
- Parcel number: 49416005
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Quadruplex
Materials
- Stucco
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- Year built: 1969
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Public Utilities
Community & neighborhood
Location
- Region: Fresno
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Income includes: Unit Rent
Price history
| Date | Event | Price |
|---|---|---|
| 1/31/2025 | Sold | $630,000+0.3%$169/sqft |
Source: Fresno MLS #622725 Report a problem | ||
| 12/31/2024 | Pending sale | $628,000$169/sqft |
Source: Fresno MLS #622725 Report a problem | ||
| 12/17/2024 | Listed for sale | $628,000+112.9%$169/sqft |
Source: Fresno MLS #622725 Report a problem | ||
| 4/2/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 3/8/2024 | Listed for rent | $1,450+7.4% |
Source: Zillow Rentals Report a problem | ||
| 11/10/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 10/4/2023 | Listed for rent | $1,350+35% |
Source: Zillow Rentals Report a problem | ||
| 11/2/2021 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 10/30/2021 | Listed for rent | $1,000 |
Source: Zillow Rental Manager Report a problem | ||
| 12/22/2017 | Sold | $295,000+55.3%$79/sqft |
Source: Public Record Report a problem | ||
| 6/19/2014 | Sold | $190,000+72.7%$51/sqft |
Source: Public Record Report a problem | ||
| 12/31/1997 | Sold | $110,000$30/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,390 +3.9% | $335,656 +2% |
| 2024 | $4,224 +1.9% | $329,075 +2% |
| 2023 | $4,144 +1.4% | $322,623 +2% |
| 2022 | $4,088 +2.8% | $316,298 +2% |
| 2021 | $3,976 +0.4% | $310,097 +1% |
| 2020 | $3,959 +4% | $306,918 +2% |
| 2019 | $3,808 +2.2% | $300,900 +2% |
| 2018 | $3,726 +45.6% | $295,000 +47% |
| 2017 | $2,558 +3.4% | $200,683 +2% |
| 2016 | $2,475 +1.5% | $196,749 +1.5% |
| 2015 | $2,438 +34.1% | $193,795 +35.3% |
| 2014 | $1,818 | $143,263 +0.5% |
| 2013 | -- | $142,617 +2% |
| 2012 | -- | $139,822 +2% |
| 2011 | -- | $137,081 +0.8% |
| 2010 | -- | $136,058 -0.2% |
| 2009 | -- | $136,382 +2% |
| 2008 | -- | $133,709 +2% |
| 2007 | -- | $131,089 +2% |
| 2006 | -- | $128,520 +2% |
| 2005 | -- | $126,001 +2% |
| 2004 | -- | $123,531 +1.9% |
| 2003 | -- | $121,268 +2% |
| 2002 | -- | $118,891 +2% |
| 2001 | $1,451 | $116,561 |
Find assessor info on the county website
Neighborhood: Mclane
Nearby schools
GreatSchools rating
- 3/10Ericson Elementary SchoolGrades: K-6Distance: 0.2 mi
- 3/10Scandinavian Middle SchoolGrades: 7-8Distance: 1.1 mi
- 4/10McLane High SchoolGrades: 9-12Distance: 1.3 mi
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- California
- Fresno County
- Fresno
- 93703
- Mclane
- 4840 E University Ave
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