$799,900

4421 E Hedges Ave Fresno, CA 93703

$9,499
Closing credit¹
12 beds
6 baths
4,608 sqft
0.2 acres
$174 / sqft
Multi-Family

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

Home typeMulti Family
HeatingCentral
StatusAccepting Backup Offers
(Pending AcceptBackup)
CoolingCentral Air
Size4,608 sqft
Lot size0.241 Acres
Year built1967
ParkingCarport
MLS #626968

Summary

  • MLS Number: 626968
  • MLS Name: Fresno Multiple Listing System
  • Office Name: The JKRE Investment Group
  • 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: 4/16/2025, 9:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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back of property featuring stucco siding, stairs, fence, and a yard

$799,900

4421 E Hedges Ave

$9,499

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
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

YearAssessmentProperty 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.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $16,453. Residents of Fresno, CA typically earn less than $<35k each year. The most common type of family is married, with kids. The majority of residents in this area have high school diploma education.

How much money do the neighbors make?

79%
<35k
19%
35k-100k
1%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

24%
Single, No Kids
31%
Single, with Kids
11%
Married, No Kids
34%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

27%
<11 yrs old
13%
12-17 yrs old
27%
18-34 yrs old
29%
35-64 yrs old
4%
65+ yrs old

What do the neighbors do for fun?

  • Mexican League SoccerMexican League Soccer
  • Pro BoxingPro Boxing
  • Major League Soccer (MLS)Major League Soccer (MLS)

Where do the neighbors shop?

  • Ross Dress For LessRoss Dress For Less
  • H&MH&M
  • Foot LockerFoot Locker

Where do the neighbors go to eat?

  • Jack In The BoxJack In The Box
  • Boston MarketBoston Market
  • Little CaesarsLittle Caesars

What do the neighbors drive?

  • NissanNissan
  • HondaHonda
  • DodgeDodge

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Urban Adult ContemporaryUrban Adult Contemporary
All data provided by Home Junction and Claritas

Similar homes for sale

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.

While more than 103 listings in Fresno, CA in March 2025 were sold above asking price, there were more than 77 listings sold at asking price, and more than 109 were sold below. The number of listings in Fresno, CA increased by 9.7% between February and March 2025. While the average time on the market in March 2025 was 33 days, the median list price was $399,684.

From Rocket Homes Real Estate and based on county public records data.

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