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Key Details
Sold Price $940,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,903 sqft
Price per Sqft $240
MLS Listing ID 629974
Sold Date 05/30/25
Bedrooms 13
Full Baths 9
HOA Y/N No
Year Built 1974
Lot Size 10,454 Sqft
Property Sub-Type Multi Family
Property Description
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.
Location
State CA
County Fresno
Interior
Cooling Central Heat/Cool
Fireplaces Type None
Exterior
Parking Features Carport
Garage Spaces 8.0
Utilities Available Public Utilities
Roof Type Composition
Building
Lot Description Urban
Story 1
Foundation Concrete Perimeter
Sewer On
Water Public
Schools
High Schools Kings Canyon
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