4421 E Hedges Ave Fresno, CA 93703
Property details
About 4421 E Hedges Ave
This turnkey 6-unit property consists of all 2-bedroom, 1-bathroom units, each approximately 703 square feet. This property was completely renovated in 2020 with a new roof, windows, exterior paint, and plumbing fixtures. Recent unit upgrades include new flooring, paint and upgraded appliances. With rents near market value and a cap rate of 6.76%, this property offers strong cash flow potential and a solid foundation for investors seeking reliable returns and portfolio growth. Current monthly gross rents total $7,843/m. Conveniently located near Highways 180 and 168, residents have easy access to nearby schools, parks, shopping centers, and other key amenities. Please do not walk the grounds or disturb the tenants; write all offers subject to interior inspection.
Highlights
Summary
- Fireplace: None
- Total Bedroom Count: 12
- Parking: Carport
- Heating: Central
- Cooling: Central Air
- List Price: $799,900
- Price/SqFt: $173
- Annual Tax Amount: $7,598
- Tax Year: 2024
- Directions: Head east on Shaw Ave towards N Cedar Ave, turn right onto N Cedar Ave, continue south and turn left onto E Hedges Ave. The property will be on the left.
- Year Built: 1967
- Living Area: 4,608 SqFt
- Lot Size: 0.241 Acres
- MLS Number: 626968
- MLS Name: Fresno Multiple Listing System
- Office Name: The JKRE Investment Group
- Office Phone: (559) 212-4489
- Office Email: Jeff@JKREgroup.com
- Listing Agent: Jin Kim
Based on information from the Fresno Association of REALTORS® (alternatively, from the Fresno MLS). 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 the information. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be
interested in purchasing.
Copyright 2025 Fresno Association of Realtors. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/31/2025, 8:20:29 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$799,900
4421 E Hedges Ave
$9,499
closing credit¹
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Aug 17, 2020 | Home Sold | $570,000 |
| Mar 08, 1994 | Home Sold | $216,000 |
| Dec 31, 1990 | Home Sold | $100,000 |
| Dec 29, 1989 | Home Sold | $228,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $604,886 | $7,598 |
| 2023 | $593,027 | $7,598 |
| 2022 | $581,400 | $7,494 |
| 2021 | $570,000 | $7,290 |
| 2020 | $286,110 | $3,722 |
| 2019 | $280,500 | $1,972 |
| 2018 | $151,820 | $1,972 |
| 2017 | $148,844 | $1,877 |
History based on county public records data.
Nearby schools
6
Leavenworth Elementary School
Public District PK-6
0.5 mi
•4420 E Thomas Ave
4
Norseman Elementary School
Public District KG-6
0.7 mi
•4636 E Weldon Ave
4
Hidalgo Elementary School
Public District PK-6
0.9 mi
•3550 E Thomas Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $16,453. The most common annual income of people living in Fresno, CA is less than $<35k. Typical family type is married, with kids. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Mexican League Soccer
Pro Boxing
Major League Soccer (MLS)
Where do the neighbors shop?
Ross Dress For Less
H&M
Foot Locker
Where do the neighbors go to eat?
Jack In The Box
Boston Market
Little Caesars
What do the neighbors drive?
Nissan
Honda
Dodge
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
This home is located at 4421 E Hedges Ave in Fresno, CA and zip code 93703 in the Roosevelt neighborhood. This 4,608 square foot home, which was built in 1967, sits on a 0.24 acre lot. Features: 12 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since March 15, 2025 and is currently priced at $799,900.
In April 2025 more than 121 listings in Fresno, CA were sold above the asking price. During the same period more than 97 listings were sold at asking price, while more than 130 were sold below. The number of listings in Fresno, CA increased by 5.3% between March and April 2025. In April 2025 median list price was $399,996 and the average listing age was 30 days.