2702 E Hedges Avenue, Fresno, CA 93703

Fresno
Local realty services provided by:Better Homes and Gardens Real Estate GoldLeaf
2702 E Hedges Avenue,Fresno, CA 93703
$1,399,000
  • 20 Beds
  • - Baths
  • 5,182 sq. ft.
  • Multi-family
  • Active
Listed by: jin kim
Office: the jkre investment group
MLS#:643364
Source:CA_FMLS

Price summary

  • Price:$1,399,000
  • Price per sq. ft.:$269.97

About this home

Rare chance to acquire a cash-flowing 10-unit property with an adjacent vacant lot and city-approved plans to build 5 additional units. Property is currently fully rented with rents under market and clear upside through rent growth and future development.The included entitled lot allows for immediate expansion, with projected post-buildout income exceeding $200k+, creating a strong long-term value-add opportunity. Located in a high-demand rental corridor with low vacancy and low ongoing maintenance.Seller will consider seller financing with terms more favorable than conventional bank financing. A substantial down payment is required. This structure may provide qualified buyers added flexibility and improved cash flow compared to traditional lending.Ideal for 1031 exchange buyers, value-add investors, or developers seeking current income with scalable upside.

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with a BHGRE®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a BHGRE®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (CENTURY 21® , Coldwell Banker® , Corcoran® , ERA® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1942
  • Listing ID #:643364
  • Added:188 day(s) ago
  • Updated:August 12, 2026 at 03:05 PM

Rooms and interior

  • Bedrooms:20
  • Living area:5,182 sq. ft.

Heating and cooling

  • Cooling:Wall/Window Unit(s)
  • Heating:Floor or Wall Heat

Structure and exterior

  • Roof:Composition
  • Year built:1942
  • Building area:5,182 sq. ft.
  • Construction Materials:Stucco
  • Foundation Description:Concrete Perimeter
  • Levels:1 Story

Utilities

  • Water:Public

Finances and disclosures

  • Price:$1,399,000
  • Price per sq. ft.:$269.97

Parking

  • Parking description:Open
MLS LogoBased on information from the Fresno Association of REALTORS® (alternatively, from the Fresno MLS)as of (August 12, 2026). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy.Properties may or may not be listed by the office/agent presenting theinformation.

New listings near 2702 E Hedges Avenue