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4421 E Hedges Avenue

Fresno, CA 93703
  • $799,900
  • STATUS: Active Under Contract
  • ON SITE: 33 Days
  • ID#: 645551
Under Contract
UPDATED: 47 min ago
$799,900
  • 12
    BEDS
  • 0.24
    ACRES
  • 6
    BATHS
  • 0
    1/2 BATHS
  • 4,608
    SQFT
  • $174
    $/SQFT
Neighborhood:
703
Type:
Multi-Family
Built:
1967
County:
Area:
703

School Information

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

Description

Rare opportunity to acquire Day 1 cashflow at this price point. This turnkey 6-unit property consists of all 2-bedroom, 1-bathroom units, each approximately 703 square feet. This property was completely renovated in 2020 with a new roof, windows, exterior paint, and plumbing fixtures. Recent unit upgrades include new flooring, paint and upgraded appliances. With rents near market value and a Day 1 cap rate of 6.8%, this property offers strong cash flow potential and a solid foundation for investors seeking reliable returns and portfolio growth. Current monthly gross rents total $7,718/m. Conveniently located near Highways 180 and 168, residents have easy access to nearby schools, parks, shopping centers, and other key amenities. Please do not disturb tenants or walk grounds. Walk-through and inspections will be granted upon offer acceptance.

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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: 2026-04-20T10:46:38.643.
www.yourfresnorealty.com/homes/174190420
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4421 E Hedges Avenue Fresno, CA 93703

  • Price: $799,900
  • Status: Active Under Contract
  • On Site: 33 Days
  • Updated: 47 min ago
  • ID#: 645551
12
Beds
6
Baths
0
½ Baths
0.24
Acres
4,608
SQFT
$174
$/SQFT
1967
Built
Neighborhood:
703
County:
Fresno
Area:
703
Elementary School:
Wawona School
Middle School:
Tioga
High School:
Hoover
School District:
Fresno Unified
Property Description
Rare opportunity to acquire Day 1 cashflow at this price point. This turnkey 6-unit property consists of all 2-bedroom, 1-bathroom units, each approximately 703 square feet. This property was completely renovated in 2020 with a new roof, windows, exterior paint, and plumbing fixtures. Recent unit upgrades include new flooring, paint and upgraded appliances. With rents near market value and a Day 1 cap rate of 6.8%, this property offers strong cash flow potential and a solid foundation for investors seeking reliable returns and portfolio growth. Current monthly gross rents total $7,718/m. Conveniently located near Highways 180 and 168, residents have easy access to nearby schools, parks, shopping centers, and other key amenities. Please do not disturb tenants or walk grounds. Walk-through and inspections will be granted upon offer acceptance.
Exterior Features

Exterior Stucco Parking Carport Region Urban Roofing Composition

Interior Features

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

Property Features

Annual Expense 35434.00 Annual Income 93600.00 Cross Street Address N Cedar Ave & E Hedges Ave Expenses Include ManagementElectricWaterSewer Gas And Electric Public Utilities Income Includes Unit Rent Lease Type Net Lot Measurement SqFt Lot Size Source (Tax Records) Net Income 58166.00 Property Subtype1 5 to 15 Units Reo Or Bank Owned No Sewer Water Public Water Square Footage Source Tax Records Tenant Pays ElectricityGas Transaction Type Sale

Listing provided courtesy of Jin Kim of The JKRE Investment Group: Jeff@JKREgroup.com;559-212-4489.


© 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: 2026-04-20T10:46:38.643.
 
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