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531 W Ashlan Ave

Clovis, CA 93612

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$910,000

10 bd
  |  
6 ba
  |  
4,783 sq ft
  |  
0.19 acre

531 W Ashlan Ave

Clovis, CA 93612

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Listed On: 11/19/2025
Status: Active
Listing Number: 233235 (Kings MLS)

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Presented By:

London Properties, Ltd.
London Properties, Ltd. 559.322.4000 Email Agent
Property Description
Excellent income-producing opportunity in a high-demand Clovis location. This well-maintained 5-unit apartment building offers a 7% cap rate, steady rents, and long-term performing tenants. The property includes four 2BD/1BA units and one upgraded 2BD/2BA unit (buyer to verify square footage of each unit), each with its own carport and patio. Additional features include on-site laundry for tenant convenience. Located near grocery stores, coffee shops, schools, and major commuter routes with quick access to the airport. Strong rental demand and a tenant base make this a reliable addition to any investment portfolio. Seller willing to carry note with a substantial down payment, please contact listing agent for inquiries: Amanda Miller (559) 579-3450.
Property Type
Multi-Family
Property Subtype 1
House w/ Units
Year Built
1978
Stories
2
Price Per Square Foot
$190
Price Per Acre
$4,858,516
Cumulative Days On Market
34
County
Fresno
Directions
Take Highway 41 south, exit on Ashlan Ave. Continue east for about 2 miles. Make a U-Turn on Peach Ave. The apartment is on the right.
Cooling
Central
Laundry
Shared
Fireplace
One
Pool Private Y/N
No
Unit 1 # of Bedrooms
2
Unit 1 # of Bathrooms
2.00
Unit 1 Sq. Ft.
955
Unit 1 Rented
Yes
Unit 1 Monthly Rent
1700.00
Unit 1 Refrigerator
Yes
Unit 1 Stove
Yes
Unit 1 Washer / Dryer
No
Unit 2 # of Bedrooms
2
Unit 2 # of Bathrooms
1.00
Unit 2 Sq. Ft.
955
Unit 2 Rented
Yes
Unit 2 Monthly Rent
1650.00
Unit 2 Refrigerator
Yes
Unit 2 Stove
Yes
Unit 2 Washer / Dryer
No
Unit 3 # of Bedrooms
2
Unit 3 # of Bathrooms
1.00
Unit 3 Sq. Ft.
955
Unit 3 Rented
Yes
Unit 3 Monthly Rent
1595.00
Unit 3 Refrigerator
Yes
Unit 3 Stove
Yes
Unit 3 Washer / Dryer
No
Unit 4 # of Bedrooms
2
Unit 4 # of Bathrooms
1.00
Unit 4 Sq. Ft.
955
Unit 4 Rented
Yes
Unit 4 Monthly Rent
1400.00
Unit 4 Refrigerator
Yes
Unit 4 Stove
Yes
Unit 4 Washer / Dryer
No
Unit 5+ # of Bedrooms
2
Unit 5+ # of Bathrooms
1.00
Unit 5+ Sq. Ft.
955
Unit 5 Rented
Yes
Unit 5 Monthly Rent
1450.00
Unit 5 Refrigerator
Yes
Unit 5 Stove
Yes
Unit 5 Washer / Dryer
No
Parking
Carport, One + Per Unit
APN Number
430 632 32 [PARCEL MAP]
Zoning
R3
Association
Kings County Multiple Listing Service
Lease Type
Net
Gross Scheduled Income (GSI)
93540.00
Gross Scheduled Income
Yes

Courtesy of Amanda Miller, eXp Realty of Northern CA, Inc

The data relating to real estate for sale on this web site comes in part from the Internet Data eXchange (IDX) of the Multiple Listing Service. Real estate listings are marked with the IDX logo and detailed information about them includes the name of the listing broker and the name of the listing agent. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Information herein deemed reliable but not guaranteed, representations are approximate, individual verification recommended.

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