$849,900

264 Osmun Avenue, Clovis, CA 93612

  • 6 beds |
  • 4 baths |
  • 4,080 sqft
  • Property Icon Triplex
  • Property Year Built Icon Built in 1985
  • Property Lot Size Icon7,501sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $208/sqft
  • Property List Date Icon Listed 29 days ago

Property Description

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.

Listing Status:
Pending
Data Last Updated:
May 20, 2026 at 8:20PM
Listing Office:
The JKRE Investment Group : 559-212-4489
Listing Agent:
Jin Kim : 559-212-4489
MLS ID:
647513
  • Laundry: In Unit
  • A/C: Central Heat/Cool
  • Heating:
  • Fireplace: All UnitsFireplace
  • Parking: Open
  • Roofing: Composition
  • General: StuccoTwoConcrete Perimeter
  • Originating MLS: Fresno MLS
  • School District: Clovis Unified
  • County: Fresno
  • Zoning: 49213104
  • Utilities: Public UtilitiesOn
  • Water: Public
  • Source: Fresno MLS

This listing courtesy of Jin Kim , The JKRE Investment Group

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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