Movoto Real Estate
Sold on 04/01/2025
Sold By Movoto
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1903 E Simpson Ave, Fresno, CA 93703

  • $456,000

    Last sold 04/01/2025 for $490K

  • 4

    bed

  • 4

    bath

  • 2,538

    Sqft ($193/Sqft)

Multi-family not for sale
28 homes bought nearby with Movoto recently

About 1903 E Simpson Ave

Property type Multi-family
Neighborhood
Year built 1952
HOA fee $0/month
Lot size 8,542 Sqft
Movoto estimate
Property description
Discover an exceptional investment opportunity! Rare fully occupied 4-Plex each w/ individual large garages & parking for 2 cars situated on a corner lot directly across from the bustling Manchester Shopping Mall. Perfectly positioned near key amenities including Starbucks, the 41 Freeway, and a cinema, this property guarantees high visibility and easy access, making it a lucrative addition to any real estate portfolio. All units are 1bedroom & 1bathroom with a garage. 3 units located above garages and 1 unit ground level. Convenient access to the 41 Freeway facilitates quick commutes to surrounding areas, enhancing the property's appeal to potential tenants. Residents can enjoy a variety of shopping and dining options with the Manchester Mall just steps away, ensuring high demand for rental units. The area boasts a diverse population with a strong rental market, ideal for long-term investment. Seller installed new roof w/ 10 yr. warranty for half of bldg.($8200). Currently leased w/$47,052 gross per yr. (2 units pay $1K, 1 unit $1250 and 1 section 8 @ $671 waiting to increase @$1250 w/new owner) $60K gross potential. Tenant pays utilities and landlord pays $325 water.Please do not walk the grounds or disturb the tenants. Seize the chance to invest in a premium, fully occupied 4-Plex with excellent growth potential. This property is poised for long-term profitability in a location that combines convenience and accessibility.
Listed by
Listing Agent - Ann M. Lee
Listing Office - Movoto, Inc.
Source: Fresno MLS mls logo
MLS#625895 • last updated 1 year ago
Movoto checked Fresno MLS for data 23 minutes ago
Overview
Cooling/AC Evaporative Cooling, Wall/Window Unit(s)
Heating Floor Or Wall Heat
Levels/Style Two, 2
Type Residential Income
SqFt 2538
SubType Quadruplex
Status Pending AcceptBackup
MLS # 625895
Lot Size (Acres) 0.1961
Lot Size (Sqft) 8542.116
Year Built 1952
Interior
Total # of Bedrooms 4
Appliances Refrigerator: All Units, Disposal: All Units, Stove: All Units
Fireplace None
Exterior
Construction Wood Siding
Roof Composition
Foundation Concrete Perimeter
# Garage Spaces 4
Parking Garage
Lot Features Urban, Corner Lot
Amenities / Utilities
Water Source Public
Location
High School District Fresno Unified
APN 44503214
Multifamily Details
Total # of Units 4
  • Apr 2025
    mls logo MLS # 625895
  • Apr 1, 2025 Sold
    $490,000 (-5.4%)
  • Feb 27, 2025 Pending
  • Feb 25, 2025 Listed
    $518,000 (-1.9%)
  • Nov 2024
    mls logo MLS # 620661
  • Nov 27, 2024 Pending
  • Oct 25, 2024 Listed
    $528,000 (+32.3%)
  • Aug 2021
    mls logo MLS # 563498
  • Aug 29, 2021 Sold
    $399,000 (-0.2%)
  • Aug 3, 2021 Pending Acceptbackup
  • Jul 23, 2021 Listed
    $399,950

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Nearby homes for sale in Fresno, CA

  • Real Estate
  • CA
  • Fresno County
  • Fresno
  • 93703
  • 1903 E Simpson Ave
$456K
Range: $414K-$497K
Last 30 days 

Nearby recently sold homes in Fresno, CA

  • 1903 E Simpson Ave
    $490K
  • 703
    $389K
  • 93703
    $329K +8% y/y
  • Fresno
    $439K +1% y/y
No chart available
Statistics calculated by Movoto
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Source: GreatSchools.org © 2026. All rights reserved.
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