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337 N Effie Street , #101

Fresno, CA 93701
  • $535,000
  • STATUS: Closed
  • ON SITE: 405 Days
  • ID#: 622603
Sold - 07/02/2025
$535,000
SOLD - 07/02/2025
  • 10
    BEDS
  • 0.17
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 2,634
    SQFT
  • $0
    $/SQFT
Neighborhood:
701
Type:
Multi-Family
Built:
2007
County:
Area:
701

School Information

Elementary School:
Middle School:
High School:
School District:

Description

This well-maintained duplex offers incredible dual-income potential with two large units, each featuring:🛏 5 Bedrooms & 🛁 2 Bathrooms + 🚗 1-Car Garage per Unit - Total: 10 Beds / 4 Baths💰 Investment HighlightsRental Income:🔹 Both units currently rented - Total Monthly Income: $4,601🔹 Tenants Pay Utilities! - Each unit is separately metered for water, sewer, and garbage, a major investor advantage that enhances net income.🔹 Washer & Dryer Hookups in both units increase tenant retention and demand.🔹 Projected Rent Potential:According to 2024 Fresno Housing Authority Payment Standards, rent could reach $2,975 per unit, offering potential gross income of $5,950/month!Strong Cash Flow + Cap Rate PotentialCompetitive pricing aligned with high cap rates and long-term appreciation prospects.📍 Prime Central LocationWalking distance to Community Regional Medical Center & Downtown FresnoLess than 1 mile from Highway 41 - Easy access for commutersMinutes to the Tower District - Fresno's hotspot for restaurants, nightlife, and arts🏡 Property Features Summary:🏘️ Duplex - 2 Units (5 Bed / 2 Bath Each)🚗 1-Car Garage per Unit--Total 2 garages🔌 Separate Utility Meters (Tenants Pay)🧺 Washer/Dryer Hookups💵 High Income Potential - Increase rent as per CA Law--every year📞 Contact Your Agent Today

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© 2026 Fresno Multiple Listing Service, Inc. IDX information is provided exclusively 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. 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. Data last updated: 2026-02-16T16:46:40.443.
www.yourfresnorealty.com/homes/159224975
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337 N Effie Street , #101 Fresno, CA 93701

  • Price: $535,000
  • Status: Closed
  • On Site: 405 Days
  • Updated: 68 min ago
  • ID#: 622603
10
Beds
4
Baths
0
½ Baths
0.17
Acres
2,634
SQFT
$0
$/SQFT
2007
Built
Neighborhood:
701
County:
Fresno
Area:
701
Elementary School:
Yokomi
Middle School:
Tehipite
High School:
Roosevelt
School District:
Fresno Unified
Property Description
This well-maintained duplex offers incredible dual-income potential with two large units, each featuring:🛏 5 Bedrooms & 🛁 2 Bathrooms + 🚗 1-Car Garage per Unit - Total: 10 Beds / 4 Baths💰 Investment HighlightsRental Income:🔹 Both units currently rented - Total Monthly Income: $4,601🔹 Tenants Pay Utilities! - Each unit is separately metered for water, sewer, and garbage, a major investor advantage that enhances net income.🔹 Washer & Dryer Hookups in both units increase tenant retention and demand.🔹 Projected Rent Potential:According to 2024 Fresno Housing Authority Payment Standards, rent could reach $2,975 per unit, offering potential gross income of $5,950/month!Strong Cash Flow + Cap Rate PotentialCompetitive pricing aligned with high cap rates and long-term appreciation prospects.📍 Prime Central LocationWalking distance to Community Regional Medical Center & Downtown FresnoLess than 1 mile from Highway 41 - Easy access for commutersMinutes to the Tower District - Fresno's hotspot for restaurants, nightlife, and arts🏡 Property Features Summary:🏘️ Duplex - 2 Units (5 Bed / 2 Bath Each)🚗 1-Car Garage per Unit--Total 2 garages🔌 Separate Utility Meters (Tenants Pay)🧺 Washer/Dryer Hookups💵 High Income Potential - Increase rent as per CA Law--every year📞 Contact Your Agent Today
Exterior Features

Exterior Stucco Region Urban Roofing Composition

Interior Features

Fireplace None Floor Concrete Perimeter Heating And Cooling Central Heat/Cool Stories Two

Property Features

Annual Expense 5160.00 Annual Income 55212.00 Cross Street Address S/Belmont & W/Abby Expenses Include GardenerMaintenance/RepairInsurance Financing Conventional Gas And Electric Public Utilities Income Includes Unit Rent Lease Type Net Lot Measurement SqFt Lot Size Source (Tax Records) Net Income 50052.00 Property Subtype1 Duplex Reo Or Bank Owned No Sewer Water Public WaterPublic Sewer Square Footage Source Tax Records Tenant Pays ElectricityGas Transaction Type Sale

Listing provided courtesy of Puneet Bhargava of Realty Concepts, Ltd. - Clovis: help@realtyconcepts.com;559-322-1194.


© 2026 Fresno Multiple Listing Service, Inc. IDX information is provided exclusively 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. 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. Data last updated: 2026-02-16T16:46:40.443.
 
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