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Sold for $625,000 on 12/22/25
  • $625,000

    10861 S Reed Ave, Reedley, CA 93654

    4beds
    2baths
    5,799sqft
    Multi Family, Triplex
    Built in 1960
    -- sqft lot
    $625,100 Zestimate®
    $108/sqft
    $1,694 Estimated rent

    Home value

    $625,100

    $575,000 - $681,000

    $1,694/mo

    Zestimate® history
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    Owner options

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    $1,694/mo

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    $1,694/mo

    Rent Zestimate®

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    $3,846/mo

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    $3,846/mo

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    What's special

    Prime Investment Opportunity - 3.73 Acres on Reed Avenue! Calling all investors and developers! This exceptional property offers huge potential in a growing area within the Sphere of Influencejust steps from the scenic Kings River. Lot Size: 3.73 acres Current Units: 3 existing rental units Development Potential: Ample space to add more units (buyer to verify zoning and development guidelines) Location: Quiet, desirable area near natural surroundings, yet close to town amenities Aerial imagery highlights the expansive lot, proximity to the Kings River, and surrounding open landideal for future development. This is your chance to secure a rare, versatile piece of real estate in a highly desirable location. Whether you're looking to expand your rental portfolio or develop a new project, this property is a rare find. Do not disturb tenants. Drive by onlycontact us for more information or to schedule a private showing.

    Zillow last checked: 8 hours ago

    Listing updated: December 23, 2025 at 12:59pm

    Listed by:

    Tyler D. Kusch DRE #02008418 559-905-4780,

    Valley Land & Investment Co.,

    Ronald Kusch DRE #00945565 559-905-5304,

    Valley Land & Investment Co.

    Bought with:

    Edward Escobar, DRE #01372044

    Bloom Group, Inc.

    Source: Fresno MLS,MLS#: 629679Originating MLS: Fresno MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    Heating
    • Floor or Wall Heat
    Cooling
    • Evaporative Cooling
    Features
    • Has fireplace: No
    • Fireplace features: None
    Interior area
    • Total structure area: 5,799
    • Total interior livable area: 5,799 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage - Attached
    • Attached garage spaces: 2
    Features
    • Levels: Multi/Split
    Lot
    • Size: 3.73 Acres
    • Features: Urban
    Details
    • Parcel number: 36518119

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family, Triplex
    Materials
    • Stucco
    • Foundation: Wood Subfloor
    • Roof: Composition
    Condition
    • Year built: 1960

    Utilities & green energy

    • Water: Private
    • Utilities for property: Public Utilities

    Community & neighborhood

    Location
    • Region: Reedley

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Income includes: Unit Rent, Month to Month
    • Listing terms: Cash

    Price history

    DateEventPrice
    12/22/2025Sold$625,000$108/sqft
    Source: Fresno MLS #629679
    10/20/2025Pending sale$625,000$108/sqft
    Source: Fresno MLS #629679
    7/28/2025Price change$625,000-25.6%$108/sqft
    Source: Fresno MLS #629679
    6/2/2025Price change$840,000-5.1%$145/sqft
    Source: Fresno MLS #629679
    5/5/2025Price change$885,000+96.7%$153/sqft
    Source: Fresno MLS #629679

    Public tax history

    YearProperty taxesTax assessment
    2025-- $348,464 +2%
    2024$4,181 +0.6%$341,632 +2%
    2023$4,155 +0.4%$334,934 +2%

    Find assessor info on the county website

    Neighborhood: 93654

    Nearby schools

    GreatSchools rating
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