Exceptional investment opportunity in the heart of Clovis. This large triplex offers an outstanding opportunity to acquire a well-located multifamily asset that rarely trades in the open market. Situated within the highly sought-after Clovis Unified School District, the property benefits from consistent tenant demand and strong long-term fundamentals. Each of the three units are 2 bed/1.5 bath townhome-style, offering 1,360 square feet of living space, well above the average for the submarket. Each unit also includes a detached single-car garage, a feature tenants value and differentiate this asset from competing rentals.Current rents are estimated to be 25-30% below market, providing a clear and immediate value-add opportunity through straightforward rent increases at turnover.Additionally, the property presents an opportunity to implement a RUBS (Ratio Utility Billing System) program to recapture utility costs currently absorbed by ownership, further improving net operating income.An April 2026 termite inspection report and due diligence folder are available upon request. Do not disturb tenants.
Property Details
Price:
$849,900
MLS #:
647513
Status:
Active
Beds:
6
Baths:
4.5
Type:
Multi Family
Subtype:
Triplex
Neighborhood:
612
Listed Date:
Apr 21, 2026
Finished Sq Ft:
4,080
Lot Size:
7,500 sqft / 0.17 acres (approx)
Year Built:
1985
See this Listing
Schools
School District:
Clovis Unified
Interior
Exterior
Financial
Map
Community
- Address264 Osmun Avenue Clovis CA
- CityClovis
- CountyFresno
- Zip Code93612
Market Summary
Current real estate data for Multi Family in Clovis as of Apr 23, 2026
10
Multi Family Listed
126
Avg DOM
238
Avg $ / SqFt
$1,105,875
Avg List Price
Property Summary
- 264 Osmun Avenue Clovis CA is a Multi Family for sale in Clovis, CA, 93612. It is listed for $849,900
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