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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

    List your home for rent

    $1,370/mo

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    $1,370/mo

    Rent Zestimate®

    Refinance and save

    $20,506/mo

    Est. payment

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    $20,506/mo

    Est. payment

    What's special

    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.

    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