The Clovis Portfolio consists of two properties, The Lincoln built in 1987 and Alder built in1964. This offers a savvy long-term investor the opportunity to purchase an asset in thecity of Clovis, one of California's most sought-after community. Below Market Rents: The market rents at both properties are below area comps. Our RentSurvey reveals at least another 35 cents per square foot is available with no additionalupgrades. Value-Add Opportunity: With upgrades, the future owner can achieve rent premiums asmuch as $50.00 to $100.00 per month. Access to Major Employment and Education Centers: The Clovis Portfolio is just eastof California State University- Fresno. To the south is freeway 168.
Sold for $3,250,000 on 01/24/25
$3,250,000
581 W Lincoln Ave, Clovis, CA 93612
50beds
46baths
23,164sqft
Multi Family
Built in 1987
-- sqft lot
$3,222,000 Zestimate®
$140/sqft
$1,370 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: February 11, 2025 at 10:10am
Listed by:
Brendan L. Kane DRE #01976828 559-892-0036,
Brendan Kane Real Estate
Bought with:
Brendan L. Kane, DRE #01976828
Brendan Kane Real Estate
Source: Fresno MLS,MLS#: 618527Originating MLS: Fresno MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 50
- Bathrooms: 46
Heating
- Has Heating (Unspecified Type)
Cooling
- Central Air
Features
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 23,164
- Total interior livable area: 23,164 sqft
Property
Parking
- Parking features: Carport, Open
- Has attached garage: Yes
- Has carport: Yes
- Has uncovered spaces: Yes
Features
- Levels: Multi/Split
Lot
- Size: 0.92 Acres
- Features: Urban
Details
- Parcel number: 42014114
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Siding, Brick
- Foundation: Concrete Perimeter, Wood Subfloor
- Roof: Composition
Condition
- Year built: 1987
Utilities & green energy
- Water: Public
- Utilities for property: Public Utilities
Community & neighborhood
Location
- Region: Clovis
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Income includes: Unit Rent, Laundry
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$3,222,000
2% more+$64,440
With Zillow Showcase(estimated)$3,286,440