Sold for $870,000

$870,000

531 W Ashlan Ave, Clovis, CA 93612

10beds

6baths

4,783sqft

Multi Family

Built in 1978

-- sqft lot

$-- Zestimate^®

$182/sqft

$1,668 Estimated rent

Home value

Not available

Estimated sales range

Not available

$1,668/mo

Zestimate^® history

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$1,668/mo

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$5,665/mo

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$5,665/mo

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What's special

Excellent income-producing opportunity in a high-demand Clovis location. This well-maintained 5-unit apartment building offers a 7% cap rate, steady rents, and long-term performing tenants. The property includes four 2BD/1BA units and one upgraded 2BD/2BA unit, each with its own carport and patio. Additional features include on-site laundry for tenant convenience. Located near grocery stores, coffee shops, schools, and major commuter routes with quick access to the airport. Strong rental demand and a tenant base make this a reliable addition to any investment portfolio.Seller willing to carry note with a substantial down payment, please contact listing agent for inquiries: Amanda Miller .

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 10
Bathrooms: 6

Heating

Has Heating (Unspecified Type)

Cooling

Central Air

Features

Has fireplace: Yes
Fireplace features: One Unit

Interior area

Total structure area: 4,783
Total interior livable area: 4,783 sqft

Property

Parking

Parking features: Carport
Has carport: Yes

Features

Levels: Two
Stories: 2

Lot

Size: 8,158 Square Feet
Features: Urban

Details

Parcel number: 43063232

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Stucco, Wood Siding
Foundation: Concrete Perimeter
Roof: Composition

Condition

Year built: 1978

Utilities & green energy

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

Community & HOA

Location

Region: Clovis

Financial & listing details

Price per square foot: $182/sqft
Date on market: 11/26/2025
Cumulative days on market: 68 days
Listing agreement: Exclusive Right To Sell
Tenant pays: Electricity, Gas
Income includes: Unit Rent

Price history

Date	Event	Price
4/29/2026	Sold	$870,000-4.4%$182/sqft
Source: Fresno MLS #640376 Report a problem
2/3/2026	Pending sale	$910,000$190/sqft
Source: Fresno MLS #640376 Report a problem
11/26/2025	Listed for sale	$910,000$190/sqft
Source: Fresno MLS #640376 Report a problem