Sold for $940,000

$940,000

1520 S Reed Ave, Reedley, CA 93654

13beds

9baths

3,903sqft

Multi Family

Built in 1974

-- sqft lot

$931,900 Zestimate^®

$241/sqft

$1,359 Estimated rent

Home value

$931,900

$848,000 - $1.03M

$1,359/mo

Zestimate^® history

Owner options

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$1,359/mo

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$1,359/mo

Rent Zestimate^®

Refinance and save

$5,973/mo

Est. payment

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$5,973/mo

Est. payment

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What's special

Modernized interiorsNew flooringBathroom improvementsBrand-new roofUpdated kitchensOnsite laundry room

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.

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

Parking features: Carport
Has carport: Yes

Features

Levels: One
Stories: 1

Lot

Size: 10,454 Square Feet
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 & HOA

Location

Region: Reedley

Financial & listing details

Price per square foot: $241/sqft
Date on market: 5/8/2025
Cumulative days on market: 8 days
Listing agreement: Exclusive Right To Sell
Tenant pays: Electricity, Gas, Water, Sewer, Trash Collection, Cable TV
Income includes: Unit Rent, Both

Price history

Date	Event	Price
5/30/2025	Sold	$940,000-4.1%$241/sqft
Source: Fresno MLS #629974 Report a problem
5/19/2025	Pending sale	$980,000$251/sqft
Source: Fresno MLS #629974 Report a problem
5/8/2025	Listed for sale	$980,000$251/sqft
Source: Fresno MLS #629974 Report a problem