541 W Ashlan, Clovis, CA 93612
- $870,000
- Sold Price
- $870,000
- List Price
- $910,000
- Closing Date
- Apr 29, 2026
- Status
- CLOSED
- MLS#
- FR25266535
- Year Built
- 1978
- Lot Size
- 9,240
- Acres
- 0.21
- Lot Location
- 0-1 Unit/Acre
- Days on Market
- 62
- Property Type
- Multifamily
- Property Sub Type
- Apartment
- Stories
- Two Levels
Property Description
Excellent income-producing opportunity in a high-demand Clovis location. This well-maintained 5-unit apartment building offers a 5% cap rate, steady rents, and long-term performing tenants. The property includes four 2BD/1BA units and one upgraded 2BD/2BA 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 stable 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.
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Additional Information
- Taxes
- $6,500
- Pool Description
- None
- Heat
- Central
- Cooling
- Yes
- Cooling Description
- Central Air
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Attached
- Number Of Units Total
- 5
- Gross Scheduled Income
- $78,780
- Operating Expense
- 31175
Listing courtesy of Listing Agent: Amanda Miller (amanda@valleyrealproperty.com) from Listing Office: eXp Realty of Northern California, Inc..
Listing sold by Amanda Miller from eXp Realty of Northern California, Inc.
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.