$850,000

571 W Ashlan Ave, Clovis, CA 93612

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10 bd · 6.0 ba · 4,783 sqft · $178/sqft · 0.19 acres

Residential Income · Multi Family · Built 1979 · 52 days on Properkey

Description

Major upgrades on this turn-key 5-unit investment opportunity in a coveted Clovis location! This well-maintained property features one spacious 2BD/2BA unit and four 2BD/1BA units, all with attached parking. Available separately or with the neighboring 5 plexes 591 Ashlan and 581 Ashlan for 15 total units. This unit has has nearly $20,000 in exterior upgrades and unit upgrades in 2026 and is as turn key as it gets. 100% occupied with zero vacancy and a secure rent roll, current rents sit approximately 21% below market, offering a built-in value-add opportunity for the next owner in one of the hottest rental markets in the Valley. The Clovis market continues to see surging demand and rent growth, making this a rare chance to acquire a stabilized, upgraded multifamily asset with significant upside. Don't miss this opportunity to add a turn-key, income-producing property to your portfolio!

Agent & source

Listed by
Kevin M. Evaro
Brokerage
Iron Key Real Estate
DRE
#02283325
MLS # 654330 Source FRESNO

Property details

Rooms & Layout

Levels
Two
Bedrooms
10
Bathrooms
6.0 (6 full)

Property Features

Lot features
Urban

Building & Construction

Construction Materials
Stucco
Roof
Composition
Foundation
Concrete Perimeter

Exterior & Parking

Parking
Covered

Interior & Comfort

Heating
Yes
Cooling
Central Heat/Cool
Fireplace
One Unit

Utilities

Water Source
Public
Electric
On
Public Utilities

Nearby

Active Pending Closed Rental
High
Fresno Unified District

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  3. 3.Finalize your offer. Your agent will prepare your offer and negotiate on your behalf.
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