Welcome to this delightful duplex nestled in the vibrant heart of the Tower District. This captivating property exudes character, with each unit offering 1 bedroom and 1 bathroom, making it the perfect investment opportunity with an instant income stream due to both units already being tenant occupied. Whether you're a savvy investor looking to expand your portfolio or a first time investor, this duplex has something special to offer.
Listed by Layla Granata•DRE #02086336• SME Real Estate
Redfin checked: 2 minutes ago (Oct 1, 2023 at 3:39pm)
•Source:FRESNOMLS #602274
Home facts
Time on Redfin
4 days
Property Type
Multi Family
Year Built
1935
Community
Fresno
Lot Size
4,900 Sq. Ft.
Price insights
Est. Mo. Payment
$3,182
Redfin Estimate
$452,161
Price/Sq.Ft.
$232
Buyer’s Agent Commission
2.5%
Street View
Directions
Payment calculator
$3,182 per month
Principal and interest$2,593
Property taxes$469
Homeowners' insurance$120
Down payment
20% ($90,000)
Home price
$450,000
Loan details
7.81%
Additional resources
Down payment assistance
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Internet
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Expenses Include: All, Gardener, Maintenance/Repair, Water, Sewer
Annual Income: $15,796
Net Income: $11,579
Sources of Income/Expenses: Property Manager
Exterior
Exterior Features
Exterior: Stucco
Building Information
Stories: Two Story
Roofing: Tile/Slate
Lot Information
Region: Urban
APN: 45126307
Acres: 0.1125
Property Information
Property Subtype 1: Duplex
Property Type: Multi Family
Property Disclaimer: Information herein deemed reliable but not guaranteed, representations are approximate, individual verification recommended.
Property Subtype: Duplex
Financial
Lease Information
Tenant Pays: Electric, Gas
Income Includes: Unit Rent
Utilities
Utility Information
Sewer/Water: Public Water
Gas & Electric: Public Utilities
Location
School Information
School Name 1: Fresno
School Type 1: High School
School Name 2: Fort Miller
School Type 2: Junior High School
School Name 3: Muir
School Type 3: Grade School
Location Information
Directions: East on Olive. Left on Linden. Right on Fern.
Other
Listing Information
Listing Agent Email: layla@smere.com
Listing Agent Phone: 559-776-8812
Buyer Agent Commission: 2.5%
Commission Amount: 0.00
Home Information
Stories: Two Story
Details provided by FRESNOMLS and may not match the public record. Learn more.
Sale and tax history for 733 E Fern Ave
Sale History
Tax History
Public facts and zoning for 733 E Fern Ave
Beds
2
Baths
2
Finished Sq. Ft.
1,938
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,938
Stories
2
Lot Size
4,900 Sq. Ft.
Style
Multi-Family (2-4 Unit)
Year Built
1935
Year Renovated
1935
County
Fresno County
APN
45126307
Home facts updated by county records on Sep 20, 2023.
Additional resources
Zoning
CMS | Permitted: Single-Family, ADU, Commercial
Schools
GreatSchools Summary Rating
2/10
Muir Elementary School
Public, K-6 • Serves this home • 0.4mi
1/10
Fort Miller Middle School
Public, 7-8 • Serves this home • 1.9mi
2/10
Fresno High School
Public, 9-12 • Serves this home • 0.6mi
School data is provided by GreatSchools, a nonprofit organization. Redfin recommends buyers and renters use GreatSchools information and ratings as a first step, and conduct their own investigation to determine their desired schools or school districts, including by contacting and visiting the schools themselves. Redfin does not endorse or guarantee this information. School service boundaries are intended to be used as a reference only; they may change and are not guaranteed to be accurate. To verify school enrollment eligibility, contact the school district directly.
Around this home
Transportation near 733 E Fern Ave
88/100
Very walkable
Walk Score®
47/100
Some transit
Transit Score®
77/100
Very bikeable
Bike Score®
Places
3 groceries, 28 restaurants, 0 parks
Transit
01, 20, 22, 26, 28, 33, 35, 39
Climate risks
About climate risks
Most homes have some risk of natural disasters, and may be impacted by climate change due to rising temperatures and sea levels.
Risk Factor
Flood Factor - Moderate
7% chance of flooding in next 30 years
Fire Factor - Minimal
Unlikely to be in a wildfire in next 30 years
Heat Factor - Severe
7 days above 105° expected this year, 17 days in 30 years
Wind Factor - Minimal
Minimal risk of severe winds over next 30 years
Provided by First Street Foundation
Redfin Estimate for 733 E Fern Ave
$452,161
$2,161 over list price of $450K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $305K to $460K..
733 E Fern Ave is a 1,938 square foot multi-family home on a 4,900 square foot lot with 2 bedrooms and 2 bathrooms. 733 E Fern Ave is a multi-family home currently priced at $450,000.
How many photos are available for this home?
Redfin has 6 photos of 733 E Fern Ave.
How much is this home worth?
Based on Redfin's Fresno data, we estimate the home's value is $452,161
How long has this home been listed on Redfin?
733 E Fern Ave has been listed on Redfin for 4 days since September 27, 2023.
When was this home built and last sold?
733 E Fern Ave was built in 1935 and last sold on September 18, 2014 for $169,000.
How competitive is the market for this home?
Based on Redfin's market data from the past 3 months, we calculate that market competition in 93728, this home's neighborhood, is somewhat competitive. Homes sell for around list price and go pending in around 36 days. Hot homes can sell for about 3% above list price and go pending in around 9 days. Compared to nearby markets, 93728 is less competitive than Tower District and less competitive than Fig Garden Loop.