Location, Location, Location! Rare opportunity to own a fully occupied, turnkey 6-unit multifamily property ideally situated at the end of a quiet, residential street surrounded by single-family homes. Located within walking distance to Gazebo Gardens and the iconic Christmas Tree Lane, this property offers unbeatable lifestyle appeal for tenants and long-term investment security for owners. The unit mix includes (4) 2 bed/1 bath and (2) 1 bed/1 bath apartments, each featuring washer/dryer hookups, private backyard space and a detached single car garage, a rare and desirable amenity in this market. With current scheduled gross rents of $7,111/month, this is a strong income-producing asset in one of Fresno's most sought-after neighborhoods. Whether you're a seasoned investor or looking for your first multifamily property, this is a can't-miss opportunity. Please DO NOT walk grounds or disturb tenants, write offers subject to interior inspections.
Sold for $850,000 on 08/29/25
$850,000
740 E Cornell Ave, Fresno, CA 93704
10beds
6baths
4,744sqft
Multi Family
Built in 1948
-- sqft lot
$846,800 Zestimate®
$179/sqft
$1,662 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: September 02, 2025 at 10:21am
Listed by:
Jin Kim DRE #01456017 760-987-5332,
The JKRE Investment Group
Bought with:
Ana Paula Redditt, DRE #01969923
Realty Concepts, Ltd. - Fresno
Source: Fresno MLS,MLS#: 632641Originating MLS: Fresno MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 6
Heating
- Has Heating (Unspecified Type)
Cooling
- Central Air
Appliances
- Laundry: In Unit
Features
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 4,744
- Total interior livable area: 4,744 sqft
Property
Parking
- Total spaces: 6
- Parking features: Garage, One Space per Unit
- Garage spaces: 6
Features
- Levels: One
- Stories: 1
- Patio & porch: Patio
Lot
- Size: 0.37 Acres
- Features: Suburban, Corner Lot
Details
- Parcel number: 44316110
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Stucco
- Foundation: Wood Subfloor
- Roof: Composition
Condition
- Year built: 1948
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
Sell for more on Zillow
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$846,800
2% more+$16,936
With Zillow Showcase(estimated)$863,736