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2702 E Hedges Ave, Fresno, CA 93703

  • $1,399,000

  • 20

    bed

  • 10

    bath

  • 5,182

    Sqft ($270/Sqft)

Multi-family for sale 176 days
28 homes bought nearby with Movoto recently

About 2702 E Hedges Ave

Property type Multi-family
Neighborhood
Year built 1942
HOA fee $0/month
Lot size 0.96 Acre
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.
Listed by
Listing Agent - Jin Kim
Listing Office - The JKRE Investment Group
Source: Fresno MLS mls logo
MLS#643364 • last updated 1 month ago
Movoto checked Fresno MLS for data 7 minutes ago
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Overview
Cooling/AC Wall/Window Unit(s)
Heating Floor Or Wall Heat
Levels/Style One, 1
Type Residential Income
SqFt 5182
SubType Multi Family
Status Active
MLS # 643364
Lot Size (Acres) 0.955
Lot Size (Sqft) 41599.8
Year Built 1942
Interior
Total # of Bedrooms 20
Fireplace None
Exterior
Construction Stucco
Roof Composition
Foundation Concrete Perimeter
Parking Open
Lot Features Urban
Amenities / Utilities
Water Source Public
Location
High School District Fresno Unified
APN 45131201
Multifamily Details
Total # of Units 10
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6/10
Webster Elementary School
public Grades K-6
Fresno Unified School District
2/10
Tehipite Middle School
public Grades 7-8
Fresno Unified School District
4/10
Roosevelt High School
public Grades 9-12
Fresno Unified School District
Source: GreatSchools.org © 2026. All rights reserved.

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Dining
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  • Real Estate
  • CA
  • Fresno County
  • Fresno
  • 93703
  • 2702 E Hedges Ave

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