$799,900

4421 E Hedges Avenue, Fresno, CA 93703

  • 12 beds |
  • 6 baths |
  • 4,608 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1967
  • Property Lot Size Icon10,498sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $174/sqft
  • Property List Date Icon Listed 16 days ago

Property Description

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.

Listing Status:
Active
Data Last Updated:
April 2, 2026 at 4:20PM
Listing Office:
The JKRE Investment Group : 559-212-4489
Listing Agent:
Jin Kim : 559-212-4489
MLS ID:
645551
  • A/C: Central Heat/Cool
  • Heating:
  • Fireplace: None
  • Parking: Carport
  • Roofing: Composition
  • General: StuccoMulti/SplitConcrete Perimeter
  • Originating MLS: Fresno MLS
  • School District: Fresno Unified
  • County: Fresno
  • Zoning: 45322415
  • 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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Location

Schools Nearby

L

Leavenworth Elementary School

4420 E Thomas Ave, Fresno, CA, 93702

Grades PK-6

0.51 miles away

Y

Yosemite Middle School

1292 N 9th St, Fresno, CA, 93703

Grades 7-8

0.34 miles away

M

McLane High School

2727 N Cedar Ave, Fresno, CA, 93703

Grades 9-12

1.07 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.