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Sold on 03/06/2019
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224 W Gettysburg Ave, Clovis, CA 93612

  • $741,000

    Last sold 03/06/2019 for $460K

  • 8

    bed

  • 4

    bath

  • 3,312

    Sqft ($139/Sqft)

Multi-family not for sale
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About 224 W Gettysburg Ave

Property type Multi-family
Neighborhood
Year built 1975
HOA fee $0/month
Lot size 7,841 Sqft
Movoto estimate
Property description
Well maintained Clovis 4-Plex, all 2/1's, with stoves,dishwashers,and fridges in all units. There is a common area shared laundry room, however it is currently empty and not being used or operated. Each unit has 1 carport space for parking. This complex has been well maintained, including a new carport roof February 2019 from All State Roofing, and new HVAC July 2017 for unit#102. The current rents are $725/unit, with market rents being $825-$850. The current numbers with $725 rents are a 6 Cap ($34,800 annual gross income)($9,220.74 annual expenses) giving an annual net income of $25,579.26. Expenses include Water/Sewer/Garbage, Taxes, Insurance, Gardener, Common area PGE for security lights, and property management fees. Tenants have been there since 2, and 2011, with 1 unit currently vacant. Please see 70 photos with this listing, including interior photos of all 4 units. With current market rents, you can get to a 7 cap in Clovis!
Listed by
Listing Agent - Aram Melikian
Listing Office - Coldwell Banker Premier R. E.
Source: Fresno MLS mls logo
MLS#518144 • last updated 7 years ago
Movoto checked Fresno MLS for data 4 minutes ago
Overview
SqFt 3312
SubType Quadruplex
Status Sold
Type Multi Family
MLS # 518144
Lot Size (Acres) 0.18
Lot Size (SqFt) 7700
Year Built 1975
Foreclosure (Y/N) No
Interior
# Bedrooms 8
Exterior
Foundation Concrete Perimeter
Exterior Stucco
Roofing Composition
Amenities / Utilities
Gas & Electric Public Utilities
Sewer/Water Public Water
Special Features Private Patios
Location
Area 612
County Fresno
School Name 2 Alta Sierra
School Type 2 Junior High School
School Type 3 Grade School
School Type 1 High School
School District 2 Clovis Unified
School Name 1 Buchanan
School Name 3 Tarpey
APN 49931111
Multifamily Details
Total # of Buildings 2
Total # of Units 4
Annual Gross Income 34800
Financial Data Source Property Manager
Annual Operating Expense 9220.74
Annual Net Income 25579.26
Income Includes Unit Rent
$741K
Range: $644K-$837K
Last 30 days 
  • Mar 2019
    mls logo MLS # 518144
  • Mar 7, 2019 Sold
    $460,000 (+4.8%)
  • Feb 25, 2019 Pending
    —
  • Feb 21, 2019 Listed
    $439,000
  • 224 W Gettysburg Ave
    $460K
  • Fairfax Estates
    $204K -45% y/y
  • 93612
    $374K -1% y/y
  • Clovis
    $550K +3% y/y
No chart available
Statistics calculated by Movoto

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5/10
Tarpey Elementary School
public Grades K-6
Clovis Unified School District
9/10
Alta Sierra Intermediate School
public Grades 7-8
Clovis Unified School District
10/10
Buchanan High School
public Grades 9-12
Clovis Unified School District
Source: GreatSchools.org © 2026. All rights reserved.

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