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Sold for $535,000 on 07/02/25
  • $535,000

    337 N Effie St #101, Fresno, CA 93701

    10beds
    4baths
    2,634sqft
    Multi Family, Duplex
    Built in 2007
    -- sqft lot
    $536,800 Zestimate®
    $203/sqft
    $1,781 Estimated rent

    What's special

    This well-maintained duplex offers incredible dual-income potential with two large units, each featuring:🛏 5 Bedrooms & 🛁 2 Bathrooms + 🚗 1-Car Garage per Unit - Total: 10 Beds / 4 Baths💰 Investment HighlightsRental Income:🔹 Both units currently rented - Total Monthly Income: $4,601🔹 Tenants Pay Utilities! - Each unit is separately metered for water, sewer, and garbage, a major investor advantage that enhances net income.🔹 Washer & Dryer Hookups in both units increase tenant retention and demand.🔹 Projected Rent Potential:According to 2024 Fresno Housing Authority Payment Standards, rent could reach $2,975 per unit, offering potential gross income of $5,950/month!Strong Cash Flow + Cap Rate PotentialCompetitive pricing aligned with high cap rates and long-term appreciation prospects.📍 Prime Central LocationWalking distance to Community Regional Medical Center & Downtown FresnoLess than 1 mile from Highway 41 - Easy access for commutersMinutes to the Tower District - Fresno's hotspot for restaurants, nightlife, and arts🏡 Property Features Summary:🏘️ Duplex - 2 Units (5 Bed / 2 Bath Each)🚗 1-Car Garage per Unit--Total 2 garages🔌 Separate Utility Meters (Tenants Pay)🧺 Washer/Dryer Hookups💵 High Income Potential - Increase rent as per CA Law--every year📞 Contact Your Agent Today

    Zillow last checked: 7 hours ago

    Listing updated: July 06, 2025 at 09:24pm

    Listed by:

    Puneet Bhargava DRE #01859500 559-274-7025,

    Realty Concepts, Ltd. - Clovis,

    Kyle T. Chaney DRE #01489790 559-288-9346,

    Realty Concepts, Ltd. - Clovis

    Bought with:

    Alfredo Melendez Zuniga, DRE #02116238

    Side, Inc.

    Source: Fresno MLS,MLS#: 622603Originating MLS: Fresno MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 10
    • Bathrooms: 4
    Heating
    • Has Heating (Unspecified Type)
    Cooling
    • Central Air
    Features
    • Has fireplace: No
    • Fireplace features: None
    Interior area
    • Total structure area: 2,634
    • Total interior livable area: 2,634 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage - Attached
    • Attached garage spaces: 2
    Features
    • Levels: Two
    • Stories: 2
    Lot
    • Size: 7,501 sqft
    • Features: Urban
    Details
    • Parcel number: 45916207

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family, Duplex
    Materials
    • Stucco
    • Foundation: Concrete Perimeter
    • Roof: Composition
    Condition
    • Year built: 2007

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Public Utilities

    Community & neighborhood

    Location
    • Region: Fresno

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Income includes: Unit Rent
    Services availability