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Backup Offers

316 N Ferger Ave, Fresno, CA, 93701

$449,500

Home List Price

$5,338*

Closing Credit

7 Bedrooms
4 Baths
2,824 SqFt
$159/SqFt
Multi

Location

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316 N Ferger Ave, Fresno$449,500

Buyer Closing Credits

$5,338*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingGarage, Uncovered
Garage1 space
Year Built1954
HeatingFloor Furnace
CoolingEvaporative Cooling
FireplaceNone
MLS #621380
Lot Size0.17 Acres
StatusAccepting Backup Offers
(Pending AcceptBackup)

About 316 N Ferger Ave

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.

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Fresno, CA

City

Med. Sold Price

$391K

Med. Price/SqFt

$248

Avg. Days On Market

26

# of Sold Homes

286

316 N Ferger Ave vs Fresno

40 DAYS ON ROCKET

+14 Days

$449,500

+$58.4K More

$159/SqFt

-$89 Less

KEY TAKEAWAY

This property is $58.4K 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: 12/23/2024, 5:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 18, 2016Home Sold
$191,000
Dec 10, 2012Home Sold
$145,000
Mar 30, 2005Home Sold
$375,000
Jan 10, 2005Home Sold
$270,000

Tax History

YEARPROP. TAXASSESSMENT
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.

Payment Calculator

$2,311

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,414

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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.

Nearby Schools

school-card-donut-1237311
4
/10

  • Muir Elementary School

  • 410 E Dennett Ave

  • 0.52 miles

  • Public District Grades PK-6

school-card-donut-1237312
3
/10

  • Lowell Elementary School

  • 171 N Poplar Ave

  • 0.60 miles

  • Public District Grades KG-6

school-card-donut-1237313
7
/10

  • Anthony Elementary School

  • 1542 E Webster Ave

  • 1.00 miles

  • Public District Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $22,436. Most Fresno, CA residents have annual incomes less than $35k. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›California›Fresno County›Fresno›93701›316 N Ferger Ave

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 November 2024 saw over 98 listings sold above listed price, more than 68 sold at listed price and over 120 sold below. The number of listings in Fresno, CA decreased by 3.8% between October 2024 and November 2024. In November 2024 median list price was $391,067 and the average listing age was 26 days.

From Rocket Homes Real Estate and based on county public records data.

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