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$870,000

  • Sold
  • Closed
  • Multi-Family
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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, 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.

Full Property Details for 531 W Ashlan

General

  • Sold For: $870,000
  • Status: Closed
  • Type: Multi-Family
  • Source: MRMLS
  • MLS ID: FR25266529
  • Added to Site: 196 day(s) ago

Rooms

Other Rooms

  • Laundry: Community

Additional Information

  • Pool Description: None

Parking

  • Parking Features: Carport
  • Parking: Carport

Location

  • County: Fresno
  • Driving 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.

Heating & Cooling

  • Cooling Type: Central Air
  • Heating Type: Central

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • # Gas Meters: 5
  • # Electric Meters: 5

Structural Information

  • Entry Location: South
  • Stories/Levels: Two
  • Stories Description: Two
  • Square Feet: 4,783
  • Year Built: 1978

Unit Information

Unit 1

  • Number of Units: 1
  • Bedrooms: 2

Unit 2

  • Number of Units: 1
  • Bedrooms: 2

Unit 3

  • Number of Units: 1
  • Bedrooms: 2

Unit 4

  • Number of Units: 1
  • Bedrooms: 2

Unit 5

  • Number of Units: 1
  • Bedrooms: 2

Lot Features

  • Lot Size (Acres): 0.1873
  • Lot Size Source: Assessor
  • Lot Description: 0-1 Unit/Acre

Financial Considerations

  • Price Per Sq. Ft.: $181.89
  • Price Per Unit: 182000

Listed and Sold by eXp Realty of Northern California, Inc., Amanda Miller

Listing agent

— 531 W Ashlan —

  • Amanda Miller

    eXp Realty of Northern California, Inc.

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 531 W Ashlan

School District:Fresno Unified School District
NameGradesDistance
Viking Elementary School
4251 North Winery Avenue, Fresno, CA 93726
K-60.6 mi
Ahwahnee Middle School
1127 East Escalon Avenue, Fresno, CA 93710
7-83.5 mi
Herbert Hoover High School
5550 North First Street, Fresno, CA 93710
9-123.3 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 531 W Ashlan

Date
Details
Price
Change
Source
4/29/2026
Sold
$870,000
-4.4%
MLS
12/01/2025
Listed
$910,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed and Sold by eXp Realty of Northern California, Inc., Amanda Miller

Recent Sales near 531 W Ashlan

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521 W Ashlan, Clovis, CA 93612 - Photo 1 Sold
$870,000

521 W Ashlan  Clovis, CA 93612

  • Multi-Family
  • Closed
1562 N Empire Ln, Clovis, CA 93619 - Photo 1 Sold
$809,000

1562 N Empire Ln  Clovis, CA 93619

  • Single Family
  • Closed
  • 3
    Beds
  • 3
    Total Baths
  • 2,526
    Sq. Ft.
1562 N Empire Ln, Clovis, CA 93619 - Photo 1 Sold
$809,000

1562 N Empire Ln  Clovis, CA 93619

  • Single Family
  • Closed
  • 3
    Beds
  • 3
    Total Baths
  • 2,526
    Sq. Ft.
2824 E Omaha, Fresno, CA 93720 - Photo 1 Sold
$825,000

2824 E Omaha  Fresno, CA 93720

  • Single Family
  • Closed
  • 4
    Beds
  • 3
    Total Baths
  • 3,000
    Sq. Ft.

531 W Ashlan, Clovis, CA 93612 (MLS# FR25266529) is a Multi-Family property that was sold at $870,000 on April 29, 2026. Want to learn more about 531 W Ashlan? Do you have questions about finding other Multi-Family real estate for sale in Clovis? You can browse all Clovis real estate or contact a Coldwell Banker agent to request more information.