Investment Opportunity in the Heart of Reedley!Don't miss this rare chance to own a well-maintained 8-unit multifamily property at 1520 S Reed Avean ideal addition to any investor's portfolio. This income-producing asset features a desirable mix of 1-bedroom and 2-bedroom units, with 7 of 8 currently occupied by long-term tenants.Recent upgrades include a brand-new roof, modernized interiors, new flooring, updated kitchens, and bathroom improvementsoffering immediate stability and future upside. The property boasts an onsite laundry room, tenant-paid utilities, and easy access to shopping, schools, and major roadways.
Sold for $940,000 on 05/30/25
$940,000
1520 S Reed Ave, Reedley, CA 93654
13beds
9baths
3,903sqft
Multi Family
Built in 1974
-- sqft lot
$945,700 Zestimate®
$241/sqft
$1,302 Estimated rent
Home value
$945,700
$861,000 - $1.04M
$1,302/mo
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: June 02, 2025 at 02:20pm
Listed by:
Scott Tafoya DRE #01493993 559-647-1567,
Real Broker
Bought with:
Scott Tafoya, DRE #01493993
Real Broker
Source: Fresno MLS,MLS#: 629974Originating MLS: Fresno MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 13
- Bathrooms: 9
Heating
- Has Heating (Unspecified Type)
Cooling
- Central Air
Features
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 3,903
- Total interior livable area: 3,903 sqft
Property
Parking
- Total spaces: 8
- Parking features: Carport
- Garage spaces: 8
- Has carport: Yes
Features
- Levels: One
- Stories: 1
Lot
- Size: 10,454 sqft
- Features: Urban
Details
- Parcel number: 36515418
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Stucco
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- Year built: 1974
Utilities & green energy
- Water: Public
- Utilities for property: Public Utilities
Community & neighborhood
Location
- Region: Reedley
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Income includes: Unit Rent, Both
Price history
| Date | Event | Price |
|---|---|---|
| 5/30/2025 | Sold | $940,000-4.1%$241/sqft |
Source: Fresno MLS #629974 | ||
| 5/19/2025 | Pending sale | $980,000$251/sqft |
Source: Fresno MLS #629974 | ||
| 5/8/2025 | Listed for sale | $980,000$251/sqft |
Source: Fresno MLS #629974 | ||
Public tax history
Tax history is unavailable.
Neighborhood: 93654
Nearby schools
GreatSchools rating
- 8/10Washington Elementary SchoolGrades: K-5Distance: 0.7 mi
- 9/10General Grant Middle SchoolGrades: 6-8Distance: 1.4 mi
- 7/10Reedley High SchoolGrades: 9-12Distance: 1.2 mi
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