$1,399,000

2702 E Hedges Avenue, Fresno, CA 93703

  • 20 beds |
  • 10 baths |
  • 5,182 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1942
  • Property Lot Size Icon0.96acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $270/sqft
  • Property List Date Icon Listed 5 months ago

Property Description

Rare chance to acquire a cash-flowing 10-unit property with an adjacent vacant lot and city-approved plans to build 5 additional units. Property is currently fully rented with rents under market and clear upside through rent growth and future development.The included entitled lot allows for immediate expansion, with projected post-buildout income exceeding $200k+, creating a strong long-term value-add opportunity. Located in a high-demand rental corridor with low vacancy and low ongoing maintenance.Seller will consider seller financing with terms more favorable than conventional bank financing. A substantial down payment is required. This structure may provide qualified buyers added flexibility and improved cash flow compared to traditional lending.Ideal for 1031 exchange buyers, value-add investors, or developers seeking current income with scalable upside.

Listing Status:
Active
Data Last Updated:
July 5, 2026 at 12:20PM
Listing Office:
The JKRE Investment Group : 559-212-4489
Listing Agent:
Jin Kim : 559-212-4489
MLS ID:
643364
  • A/C: Wall/Window Unit(s)
  • Heating: Floor or Wall Heat
  • Fireplace: None
  • Parking: Open
  • Roofing: Composition
  • General: StuccoOneConcrete Perimeter
  • Originating MLS: Fresno MLS
  • School District: Fresno Unified
  • County: Fresno
  • Zoning: 45131201
  • 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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