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Sold on 02/11/2025
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581 W Lincoln, Clovis, CA 93612

  • $3,250,000

    Last sold 02/11/2025 after 175 Days

  • 50

    bed

  • 46

    bath

  • 23,164

    Sqft ($140/Sqft)

Multi-family not for sale
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About 581 W Lincoln

Property type Multi-family
Neighborhood
Year built 1987
HOA fee $0/month
Lot size 0.92 Acre
Property description
The Clovis Portfolio consists of two properties, The Lincoln built in 1987 and Alder built in1964. This offers a savvy long-term investor the opportunity to purchase an asset in thecity of Clovis, one of California's most sought-after community. Below Market Rents: The market rents at both properties are below area comps. Our RentSurvey reveals at least another 35 cents per square foot is available with no additionalupgrades. Value-Add Opportunity: With upgrades, the future owner can achieve rent premiums asmuch as $50.00 to $100.00 per month. Access to Major Employment and Education Centers: The Clovis Portfolio is just eastof California State University- Fresno. To the south is freeway 168.
Listed by
Listing Agent - Brendan L. Kane
Listing Office - Brendan Kane Real Estate
Source: Fresno MLS mls logo
MLS#618527 • last updated 1 year ago
Movoto checked Fresno MLS for data 1 hour ago
Overview
Cooling/AC Central Heat/Cool
Levels/Style Multi/Split
Type Residential Income
SqFt 23164
SubType Multi Family
Status Sold
MLS # 618527
Lot Size (Acres) 0.92
Lot Size (Sqft) 40075.2
Year Built 1987
Interior
Total # of Bedrooms 50
Fireplace None
Exterior
Construction Wood Siding, Brick
Roof Composition
Foundation Concrete Perimeter, Wood Subfloor
# Garage Spaces 6
Parking Carport, Open
Lot Features Urban
Amenities / Utilities
Water Source Public
Location
High School District Clovis Unified
APN 42014114
Multifamily Details
Total # of Units 27
We are not permitted to show value estimates for this property.
  • Feb 2025
    mls logo MLS # 618527
  • Feb 11, 2025 Sold
    $3,250,000 (-33.0%)
  • Oct 18, 2024 Pending
    —
  • Aug 20, 2024 Listed
    $4,850,000
  • 581 W Lincoln
    $3.25M
  • 612
    —
  • 93612
    $374K -1% y/y
  • Clovis
    $550K +3% y/y
No chart available
Statistics calculated by Movoto

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

Around 612

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  • CA
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  • 581 W Lincoln
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