Pending

531 W Ashlan

Clovis, CA 93612

$910,000 $3,836/Mo

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Overview

Bed

Bath

4,783

Sqft

8,160

Sqft(Lot)

Description

Excellent income-producing opportunity in a high-demand Clovis location. This well-maintained 5-unit apartment building offers a 7% cap rate, steady rents, and long-term performing tenants. The property includes four 2BD/1BA units and one upgraded 2BD/2BA unit, each with its own carport and patio. Additional features include on-site laundry for tenant convenience. Located near grocery stores, coffee shops, schools, and major commuter routes with quick access to the airport. Strong rental demand and a stable tenant base make this a reliable addition to any investment portfolio. Seller willing to carry note with a substantial down payment, please contact listing agent for inquiries: Amanda Miller (559) 579-3450.

Property Details

Property Type : Residential Income

Price : $910,000

AD Id : 69970953

MLS Id : FR25266529

Lot Size : 8,160 Sqft

Living Area Size : 4,783

Year Built : 1978

County : Fresno

Map

What's Nearby

Nearby Areas

Features

Water/Sewer

Water Source: Public Sewer: Public Sewer
Cooling Features

Central Air Air Conditioning

Heating Source

Central Has Heating

Building Information

Year Built: 1978 Building Area Total: 4,783
Pool Features

None

Laundry Features

Common Area

Lot Details

Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1873
Lot Size Source: Assessor Lot Size Square Feet: 8160

Listing Price Information

Original List Price: 910,000 Listing Contract Date: 2025-11-19
Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 43063232 Tax Year: 2025 Annual Tax: 7000

Garage and Parking

Garage Description: Carport

Homeowners Association

Other Property Info

Source Listing Status: Pending Source Neighborhood: Directions: Take Highway 41 south, exit on Ashlan Ave. Continue east for about 2 miles. Make a U-Turn on Peach Ave. The apartment is on the right. Source Property Type: Residential Income Property SubType: Apartment
Building and Construction

Property Age: 48 Common Walls: 2+ Common Walls Structure Type: Apartment Year Built Source: Public Records Entry Level: 1 Entry Location: South Property Attached: Yes Levels or Stories: Two Building Total Stories: 2

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At $190.26 per sq.ft.,this listing is priced below average compared to other condo from Clovis.

The average condo price in Clovis is $709260.88 with avg. price / sq.ft of $1313.00.

The average condo price in Fresno County is $716061.88 with avg. price / sq.ft of $1318.43.

How much is this property worth?

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
1629 Willow, Clovis, CA, 93612	$300,000	2	1	1,320	1,320 SqFt

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ByOwner last updated this listing 04/07/2026 @ 00:49

MLS: FR25266529 LISTED BY: Amanda Miller, eXp Realty of Northern California, Inc. 888-832-7179 SOURCE: CRMLS