For Sale
Property Photo

$2,995,000

For Sale

1228 Jefferson Ave, Clovis, CA 93612

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Property Highlights

Residential Income

Property Type

Multi Family

Sub Type

1965

Year Built

12,000

Sq Ft

32

Bedrooms

16.0

Bathrooms

188

Days On Properkey

0.62

Lot (acres)

642577

MLS #

FRESNO

MLS Source

Description

This well-maintained 16-unit multifamily property, located in the highly sought-after city of Clovis, presents an exceptional investment opportunity with both strong in-place income and future upside. The property is currently generating approximately $16,572 per month in gross rents, with clear potential to increase income by aligning rents with current market rates.Comprised of sixteen spacious 2-bedroom, 1-bathroom unitseach approximately 750 square feetthe property is in turnkey condition, offering minimal maintenance needs and a smooth transition for new ownership. An on-site laundry facility provides added convenience for tenants and an additional income stream for the owner.Set in a prime location with high rental demand, this asset offers investors immediate cash flow along with the opportunity for long-term appreciation and value growth. Don't miss the chance to acquire a consistent, high-performing asset in one of the Central Valley's most desirable rental markets.

Listed by Jin Kim • DRE #01456017 • The JKRE Investment Group

Contact: [email protected]

MLS #: 642577
Source: FRESNO

Property Features

Lot Features: Urban
Community: Utility Room

Building & Construction

Construction Materials
Stucco
Roof
Rolled/Hot Mop, Metal
Foundation
Concrete Perimeter

Interior & Comfort

Cooling
Central Heat/Cool
Fireplace
None

Utilities

Nearby

Active Pending Closed Rental

High School

Clovis Unified District

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  1. 1.Share your offer details. Tell us about your desired offer — it's just a starting point, nothing is final!
  2. 2.Get expert guidance. A local agent will reach out to discuss a game plan.
  3. 3.Finalize your offer. Your agent will prepare your offer and negotiate on your behalf.