531 W Ashlan Clovis, CA ^$ 910,000

531 W Ashlan

^$ 910,000

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Recently Listed

531 W Ashlan

Clovis, CA, 93612

^$ 910,000

Studio Baths0.0 Sq 4,783

Monthly Estimate*

^$ 5,677

Listed by eXp Realty of Northern California, Inc.

531 W Ashlan, Clovis, CA 93612 - Image 1

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531 W Ashlan, Clovis, CA 93612 - Image 8

531 W Ashlan, Clovis, CA 93612 - Image 9

531 W Ashlan, Clovis, CA 93612 - Image 10

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Studio

Multi-Family Home for sale in Clovis, CA

for $910,000. This 4,783 square foot home was built in 1978 on a lot size of 0.1873.

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.

Multi-Family Active

Price

^$ 910,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 7,000

Style

Lot Size

0.1873

Year Built

1978

Town/City

Clovis

County/Region

Fresno

MLS | Web ID

FR25266529

Days on Market

Features

General

Sewer Public Sewer

Heating Central

Cooling Central Air

HOA Fee 0

Garage Spaces 0

Pool Features None

Year Built 1978

Stories Count 2

Levels Two

Property Subtype Apartment

Tax Year 2025

Gross Income 62365

Community Features Urban

County Fresno

Net Operating Income 62365

Operating Expense 31175

Insurance Expense 5000

New Construction false

Property Type Residential Income

HOA false

MaintenanceExpense 4250

Garage Y/N false

Special Listing Conditions Standard

Status Active

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.

City Clovis

Entry Location South

Senior Community Y/N false

Number Of Units Total 5

Lot Size Units Square Feet

Lot Size Square Feet 8160

Carport Spaces 5

Carport Y/N true

Listing Terms Cash Conventional

Property Attached Y/N true

Land Lease Y/N false

Tax Annual Amount 7000

Electric Expense 0

Fuel Expense 0

Trash Expense 2550

Water Sewer Expense 2550

Additional Parcels Y/N false

Rent Control Y/N false

Building Area Units Square Feet

Standard Status Active

Year Built Source Public Records

Tax Lot 7

Property Sub Type Additional Apartment

Interior

Total Stories 2

Common Walls 2+ Common Walls

Air Conditioning Y/N true

Heating Y/N true

Laundry Features Common Area

Entry Level 1

Exterior

Parking Features Carport

Lot Features 0-1 Unit/Acre

Water Source Public

Total Parking 5

Lot Size Area 8160

Number of Buildings 1

Building Area Total 4783

Lot Size Acres 0.1873

Private Pool false

Lot Size Source Assessor

Number of Separate Water Meters 0

Number of Separate Gas Meters 5

Number of Separate Electric Meters 5

* Excluded Features

List By

Exp Realty Of Northern California, Inc.

Broker

amanda@valleyrealproperty.com

Affordability Calculator

$6,261

Per Month

Monthly Principal & Interest: $5,677
Monthly Property Taxes: $583
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Clovis, CA

Average List Price ^$0

Percent of Sale Price 100%

About Clovis, CA

111,094 Population

56% Since 2002

^$66,905 Median Income

35.96 Median Age

37% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
12/2/2025	$910,000		Listed Price

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531 W Ashlan, Clovis, CA, 93612 is a Multi-Family Home for sale at $910,000 with 4,783 sqft and a lot size of 0.1873. 531 W Ashlan is a studio with 0.0 baths and was built in 1978. The property's zip code is 93612 which is in Clovis, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 12/9/2025. 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.

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531 W Ashlan

Multi-Family Home for sale in Clovis, CA

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