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605 W Ashlan Avenue

Clovis, CA 93612
  • $834,900
  • STATUS: Active
  • ON SITE: 126 Days
  • ID#: 633451
$834,900
  • 10
    BEDS
  • 0.18
    ACRES
  • 5
    BATHS
  • 1
    1/2 BATHS
  • 4,144
    SQFT
  • $201
    $/SQFT
Neighborhood:
612
Type:
Multi-Family
Built:
1978
County:
Area:
612

School Information

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

Description

This well-priced Clovis property presents a fantastic income opportunity with a desirable mix of spacious units and strong rental upside. The front unit offers a generous 3-bedroom, 2-bath layout, while two townhouse-style units each feature 2 bedrooms and 1.5 bathrooms. A fourth unit, located upstairs, includes 3 bedrooms and 1 bathroom. Each unit comes with its own enclosed 1-car garage, with one townhouse unit offering direct interior access to the garagean added tenant perk. Current gross rents total approximately $5,405 per month, with rents estimated to be around 25% below market, providing clear potential for increased cash flow. Recent improvements include fresh exterior paint, along with updated interior paint in two of the units. The building also includes a utility room already set up for coin-operated laundry, offering an opportunity for additional income. Don't miss your chance to invest in this well-located, income-producing asset at a competitive price. Please do not walk the property or disturb tenants. All offers should be written subject to interior inspection.

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© 2025 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: 2025-11-12T23:46:31.
www.yourfresnorealty.com/homes/165696617
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605 W Ashlan Avenue Clovis, CA 93612

  • Price: $834,900
  • Status: Active
  • On Site: 126 Days
  • ID#: 633451
10
Beds
5
Baths
1
½ Baths
0.18
Acres
4,144
SQFT
$201
$/SQFT
1978
Built
Neighborhood:
612
County:
Fresno
Area:
612
Elementary School:
Reagan
Middle School:
Reyburn
High School:
Clovis
School District:
Clovis Unified
Property Description
This well-priced Clovis property presents a fantastic income opportunity with a desirable mix of spacious units and strong rental upside. The front unit offers a generous 3-bedroom, 2-bath layout, while two townhouse-style units each feature 2 bedrooms and 1.5 bathrooms. A fourth unit, located upstairs, includes 3 bedrooms and 1 bathroom. Each unit comes with its own enclosed 1-car garage, with one townhouse unit offering direct interior access to the garagean added tenant perk. Current gross rents total approximately $5,405 per month, with rents estimated to be around 25% below market, providing clear potential for increased cash flow. Recent improvements include fresh exterior paint, along with updated interior paint in two of the units. The building also includes a utility room already set up for coin-operated laundry, offering an opportunity for additional income. Don't miss your chance to invest in this well-located, income-producing asset at a competitive price. Please do not walk the property or disturb tenants. All offers should be written subject to interior inspection.
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 22853.00 Annual Income 63789.60 Cross Street Address Willow Ave & W Ashlan Ave Expenses Include GasElectricWaterSewer Gas And Electric Public Utilities Income Includes Unit Rent Lease Type Net Lot Measurement SqFt Lot Size Source (Tax Records) Net Income 40936.60 Property Subtype1 Quadruplex 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.


© 2025 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: 2025-11-12T23:46:31.
 
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