Discover this exceptional investment opportunity close to the Tower District: a meticulously clean and well-maintained 4-plex, perfect for both seasoned investors and those looking to expand their real estate portfolio. This prime property features two spacious 2-bedroom units (one currently vacant, allowing for new rent pricing) and two cozy 1-bedroom units, all with their own laundry spaces. Additionally, a detached studio offers potential as a 5th unit, enhancing rental income prospects. Three units boast modern HVAC systems for year-round comfort, while one has a cost-effective swamp cooler. Long-term tenants occupy three units, providing immediate rental income. The property's impeccable cleanliness reflects pride of ownership, and its location on Van Ness offers easy access to amenities, parks and entertainment.
Property Details
Property Features
Property Information:
Year Built: 1940
Stories: 1
Living Area: 3,844 SqFt
Listing Office:
Office Name: SME Real Estate
Office Phone: (559) 705-2121
Listing Agent: Layla Granata
Interior Features
Interior Information:
Fireplace: All Units
Bedroom and Bathroom Information:
Total Bedroom Count: 6
Exterior Features
Parking Information:
Garage Space: 4 spaces
Parking: One Space per Unit
Lot Features
Lot Information:
Lot Size: 0.35 Acres
Utilities
Utilities Information:
Heating: Central
Cooling: Central Air, Wall/Window Unit(s)
Other
Directions Information:
Directions: North on Van Ness. Property on left side.
Price Information
Listing Price Info
Price Summary:
List Price: $840,000
Price Per SqFt: $219/SqFt
Tax Information:
Annual Amount: $5,358
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Fresno, CA.
This property is $450K more than the Median Sold Price and $29/SqFt less than other homes in Fresno, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: Fresno Multiple Listing System
MLS Number: #616438
Listing Office:
Office Name: SME Real Estate
Office Phone: (559) 705-2121
Listing Agent: Layla Granata
Based on information from the Fresno Association of REALTORS® (alternatively, from the Fresno MLS). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Copyright 2024 Fresno Association of Realtors. All rights reserved. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/21/2024, 6:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Feb 19, 2016
Feb 19, 2016Home Sold
$382,500
Jun 17, 1986
Jun 17, 1986Home Sold
$145,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$5,358
$418,317
2020
$5,357
$414,028
2019
$5,042
$405,911
2018
$5,043
$397,953
2017
$2,093
$390,150
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$4,260
Per Month
Principal & Interest
$4,193
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$2,585
Powered By
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
2
/10
Heaton Elementary School
1533 N San Pablo Ave
Distance between this listing and this school0.37 miles
Public District Grades PK-6
7
/10
Anthony Elementary School
1542 E Webster Ave
Distance between this listing and this school0.48 miles
Public District Grades KG-6
4
/10
Muir Elementary School
410 E Dennett Ave
Distance between this listing and this school0.54 miles
Public District Grades PK-6
Nearby Schools
4
/10
Hamilton K - 8 School
102 E Clinton Ave
Distance between this listing and this school1.02 miles
Public District Grades KG-8
2
/10
Tehipite Middle School
630 N Augusta St
Distance between this listing and this school1.25 miles
Public District Grades 7-8
4
/10
Kepler Neighborhood
1462 Broadway St
Distance between this listing and this school1.51 miles
Public Charter Grades KG-8
Nearby Schools
10
/10
Design Science Middle College High School
1101 E Univ Ave
Distance between this listing and this school0.60 miles
Public District Grades 9-12
3
/10
Fresno High School
1839 N Echo Ave
Distance between this listing and this school0.61 miles
Public District Grades 9-12
3
/10
J. E. Young Academic Center
822 N Abby St
Distance between this listing and this school0.71 miles
The neighbors living near this home have an average income of $33,750. Typical income of Fresno, CA residents is less than $35k annually. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.
This home is located at 1311 N Van Ness Ave in Fresno, CA and zip code 93728 in the Fresno High-Roeding neighborhood. This 3,844 square foot home, which was built in 1940, sits on a 0.35 acre lot. Features: 6 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since August 07, 2024 and is currently priced at $840,000.
In October 2024, from all listings sold in Fresno, CA there were more than 90 sold above asking price, over 145 sold below and more than 69 were sold right at the asked price. In October 2024 in Fresno, CA there were 7.1% more homes for sale than in September 2024. The median list price of listings available in October 2024 was $389,976, while the average time on the real estate market was 30 days.
From Rocket Homes Real Estate and based on county public records data.