Presenting a prime income property opportunity in Fresno! This fully occupied four-unit complex includes three spacious two-bedroom, one-bath units and a convenient studio unit, all generating solid cash flow. These well-maintained units are a breeze to rent and appeal to tenants year-round, offering dependable income for savvy investors.The complex has recently been upgraded with a new roof featuring durable composition shingles and a fresh exterior paint job, ensuring a polished appearance and added peace of mind. Ideally located near major freeways (41, 99, and 180), tenants have easy access to Roeding Park, with Storyland and the Fresno Chaffee Zoo, as well as nearby shopping, dining, and cultural experiences in the Tower District and downtown Fresno. Don't miss out on this income-generating property in a desirable, accessible location!
Property Details
Property Features
Property Information:
Year Built: 1954
Stories: 1
Living Area: 2,824 SqFt
Listing Office:
Office Name: Dart Realty
Listing Agent: Douglas Dart
Interior Features
Interior Information:
Fireplace: None
Bedroom and Bathroom Information:
Total Bedroom Count: 7
Exterior Features
Exterior Information:
Exterior: Fence
Parking Information:
Garage Space: 1 space
Parking: Garage, Uncovered
Lot Features
Lot Information:
Lot Size: 0.17 Acres
Utilities
Utilities Information:
Heating: Floor Furnace
Cooling: Evaporative Cooling
Other
Directions Information:
Directions: From Freeway 99, head East on the Belmont Avenue exit and turn right on N Ferger Ave. The complex is a block and a half on the left.
Price Information
Listing Price Info
Price Summary:
List Price: $449,500
Price Per SqFt: $159/SqFt
Tax Information:
Annual Amount: $3,016
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Fresno, CA.
This property is $59.5K more than the Median Sold Price and $89/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: #621380
Listing Office:
Office Name: Dart Realty
Listing Agent: Douglas Dart
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: 11/23/2024, 2:20:48 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
May 18, 2016
May 18, 2016Home Sold
$191,000
Dec 10, 2012
Dec 10, 2012Home Sold
$145,000
Mar 30, 2005
Mar 30, 2005Home Sold
$375,000
Jan 10, 2005
Jan 10, 2005Home Sold
$270,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$3,016
$208,882
2020
$3,016
$206,741
2019
$2,617
$202,688
2018
$2,618
$198,715
2017
$2,000
$194,820
History based on county public records data.
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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
4
/10
Muir Elementary School
410 E Dennett Ave
Distance between this listing and this school0.52 miles
Public District Grades PK-6
3
/10
Lowell Elementary School
171 N Poplar Ave
Distance between this listing and this school0.60 miles
Public District Grades KG-6
7
/10
Anthony Elementary School
1542 E Webster Ave
Distance between this listing and this school1.00 miles
Public District Grades KG-6
Nearby Schools
4
/10
Kepler Neighborhood
1462 Broadway St
Distance between this listing and this school0.88 miles
Public Charter Grades KG-8
2
/10
Tehipite Middle School
630 N Augusta St
Distance between this listing and this school1.56 miles
Public District Grades 7-8
4
/10
Hamilton K - 8 School
102 E Clinton Ave
Distance between this listing and this school1.65 miles
Public District Grades KG-8
Nearby Schools
3
/10
School of Unlimited Learning
2336 Calaveras St
Distance between this listing and this school0.85 miles
Public Charter Grades 9-12
2
/10
Pershing Continuation High School
855 W Nielsen Ave
Distance between this listing and this school0.89 miles
Public District Grades 9-12
3
/10
J. E. Young Academic Center
822 N Abby St
Distance between this listing and this school1.06 miles
The neighbors living near this home have an average income of $22,436. The most common annual income of people living in Fresno, CA is less than $35k. Typical family type is single, no kids. Most residents in this area have high school diploma education.
This home is located at 316 N Ferger Ave in Fresno, CA and zip code 93701 in the Fresno High-Roeding neighborhood. This 2,824 square foot home, which was built in 1954, sits on a 0.17 acre lot. Features: 7 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since November 13, 2024 and is currently priced at $449,500.
Fresno, CA housing market in October 2024 saw over 90 listings sold above listed price, more than 69 sold at listed price and over 145 sold below. The inventory of homes for sale in Fresno, CA between September 2024 and October 2024 increased by 7.1%. 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.