$849,999

591 W Ashlan Ave, Clovis, CA 93612

Get pre-approved

10 bd · 6.0 ba · 4,783 sqft · $178/sqft · 0.24 acres

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

Description

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. Over $39,000 in maintenance and capital improvements completed in 2025, with interior unit upgrades throughout, this is a true pride-of-ownership asset with nothing left to do but collect rent. 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 # 654334 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

Get notified

Track this home

We'll let you know the moment this property comes back on the market.

Your name and email come from the account you sign in with or create.

Prefer to talk? Call us
(888) 854-8588

Make an Offer

Step 1 of 4

Here's what to expect:

  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 Properkey 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.
Get notified