The Harvard Apartments is a multifamily investment opportunity located at 2825-2841 East Harvard Ave in Fresno,California. The property consists of 9 units: four 2-bedroom/1-bath units and five 1-bedroom/1-bath units, totalingapproximately 6,602 square feet. Located in an established, quiet neighborhood across from the VA Community Living Center, with long-termtenants and a clean courtyard setting. 9-unit multifamily property with a mix of 2-bed and 1-bed units, totaling 6,602 sq ft. Current average rent is $1,064 per unit, with market rent potential up to $1,240 per unit. Pro forma net operating income is $111,511, with a cap rate of 9.91% and projected cash-on-cash return up to13.7%.
Property Details
Price:
$1,125,000
MLS #:
631391
Status:
Active
Beds:
13
Baths:
9
Address:
2825 2841 E Harvard
Type:
Multi Family
Subtype:
5 to 15 Units
Neighborhood:
703
City:
Fresno
Listed Date:
May 14, 2025
State:
CA
Finished Sq Ft:
6,602
ZIP:
93703
Lot Size:
16,200 sqft / 0.37 acres (approx)
Year Built:
1953
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Schools
School District:
Fresno Unified
Interior
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Community
- Address2825 2841 E Harvard Fresno CA
- Area703
- CityFresno
- CountyFresno
- Zip Code93703
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2825 2841 E Harvard
Fresno, CA
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