Rare opportunity to acquire Day 1 cashflow at this price point. This turnkey 6-unit property consists of all 2-bedroom, 1-bathroom units, each approximately 703 square feet. This property was completely renovated in 2020 with a new roof, windows, exterior paint, and plumbing fixtures. Recent unit upgrades include new flooring, paint and upgraded appliances. With rents near market value and a Day 1 cap rate of 6.8%, this property offers strong cash flow potential and a solid foundation for investors seeking reliable returns and portfolio growth. Current monthly gross rents total $7,718/m. Conveniently located near Highways 180 and 168, residents have easy access to nearby schools, parks, shopping centers, and other key amenities. Please do not disturb tenants or walk grounds. Walk-through and inspections will be granted upon offer acceptance.
Property Details
Price:
$799,900
MLS #:
645551
Status:
Pending AcceptBackup
Beds:
12
Baths:
6
Type:
Multi Family
Subtype:
5 to 15 Units
Neighborhood:
703
Listed Date:
Mar 17, 2026
Finished Sq Ft:
4,608
Lot Size:
10,500 sqft / 0.24 acres (approx)
Year Built:
1967
See this Listing
Schools
School District:
Fresno Unified
Interior
Exterior
Financial
Map
Community
- Address4421 E Hedges Avenue Fresno CA
- CityFresno
- CountyFresno
- Zip Code93703
Market Summary
Current real estate data for Multi Family in Fresno as of Apr 23, 2026
69
Multi Family Listed
102
Avg DOM
202
Avg $ / SqFt
$913,305
Avg List Price
Property Summary
- 4421 E Hedges Avenue Fresno CA is a Multi Family for sale in Fresno, CA, 93703. It is listed for $799,900
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