Discover an exceptional investment opportunity with this well-maintained four-plex in Fresno, CA 93703. This property features long-term tenants, ensuring a steady income stream. The complex is low maintenance and offers a high net return, making it an ideal addition to your real estate portfolio.The four units include:A two-story townhouse with 2 bedrooms and 2 bathrooms rent is $1000.A unit with 2 bedrooms and 2 bathrooms rent is $1000.Two units each with 2 bedrooms and 1 bathroom. One unit rents for $1250 and the other is $1000.The property is in excellent condition, with recent updates ensuring minimal upkeep is required. Located in a desirable area with high rental demand, this four-plex promises solid returns and hassle-free management.Call now for more details or to schedule a viewing.
Sold for $615,000
Tax assessed value
$615,000
4856 E University Ave, Fresno, CA 93703
8beds
6baths
4,296sqft
Multi Family, Quadruplex
Built in 1970
-- sqft lot
$-- Zestimate®
$143/sqft
$2,002 Estimated rent
Home value
Not available
Estimated sales range
Not available
$2,002/mo
Zestimate® history
Owner options
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$2,002/mo
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$2,002/mo
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$4,016/mo
Est. payment
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$4,016/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
All State Homes
Bought with:
All State Homes
Source: Fresno MLS,MLS#: 615823Originating MLS: Fresno MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 6
Heating
- Has Heating (Unspecified Type)
Cooling
- Central Air
Features
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 4,296
- Total interior livable area: 4,296 sqft
Property
Parking
- Parking features: Garage - Attached
- Has attached garage: Yes
Features
- Levels: Two
- Stories: 2
Lot
- Size: 6,499 Square Feet
- Features: Suburban
Details
- Parcel number: 49416009
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Quadruplex
Materials
- Stucco, Wood Siding, Brick
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- Year built: 1970
Utilities & green energy
- Water: Public
- Utilities for property: Public Utilities
Community & HOA
Location
- Region: Fresno
Financial & listing details
- Price per square foot: $143/sqft
- Tax assessed value: $615,000
- Annual tax amount: $7,997
- Date on market: 7/22/2024
- Cumulative days on market: 16 days
- Listing agreement: Exclusive Right To Sell
- Tenant pays: Electricity, Gas
- Income includes: Unit Rent
Price history
| Date | Event | Price |
|---|---|---|
| 9/25/2024 | Sold | $615,000-1.6%$143/sqft |
Source: Fresno MLS #615823 Report a problem | ||
| 8/8/2024 | Pending sale | $625,000$145/sqft |
Source: Fresno MLS #615823 Report a problem | ||
| 7/24/2024 | Listed for sale | $625,000+290.6%$145/sqft |
Source: Fresno MLS #615823 Report a problem | ||
| 2/12/2013 | Sold | $160,000$37/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,997 +36.2% | $615,000 +34% |
| 2024 | $5,870 +139.1% | $459,000 +142.4% |
| 2023 | $2,455 +1.4% | $189,367 +2% |
| 2022 | $2,422 +2.8% | $185,654 +2% |
| 2021 | $2,357 +0.4% | $182,015 +1% |
| 2020 | $2,347 +3.9% | $180,149 +2% |
| 2019 | $2,258 +2.2% | $176,618 +2% |
| 2018 | $2,210 +1.7% | $173,156 +2% |
| 2017 | $2,173 +3.4% | $169,762 +2% |
| 2016 | $2,102 +1.5% | $166,434 +1.5% |
| 2015 | $2,071 +1.8% | $163,935 +2% |
| 2014 | $2,033 | $160,725 +32.7% |
| 2013 | -- | $121,154 +2% |
| 2012 | -- | $118,779 +2% |
| 2011 | -- | $116,451 +0.8% |
| 2010 | -- | $115,582 -0.2% |
| 2009 | -- | $115,858 +2% |
| 2008 | -- | $113,588 +2% |
| 2007 | -- | $111,362 +2% |
| 2006 | -- | $109,180 +2% |
| 2005 | -- | $107,040 +2% |
| 2004 | -- | $104,942 +1.9% |
| 2003 | -- | $103,020 -26.4% |
| 2002 | -- | $140,000 |
| 2001 | $1,791 | $140,000 |
Find assessor info on the county website
Neighborhood: Mclane
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Nearby schools
GreatSchools rating
- 3/10Ericson Elementary SchoolGrades: K-6Distance: 0.3 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
- 4856 E University Ave
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