$10,000 Closing Credit¹
#627884, Brendan Kane, Listing office: Brendan Kane Real Estate
$925,000 List price
740 E Cornell Ave Fresno, CA 93704
$10,000
Closing credit¹
10 beds
6 baths
4,744 sqft
0.4 acres
$195 / sqft
Multi-Family
Property details
About 740 E Cornell Ave
Location, Location, Location! Rare opportunity to own a fully occupied, turnkey 6-unit multifamily property ideally situated at the end of a quiet, residential street surrounded by single-family homes. Located within walking distance to Gazebo Gardens and the iconic Christmas Tree Lane, this property offers unbeatable lifestyle appeal for tenants and long-term investment security for owners. The unit mix includes (4) 2 bed/1 bath and (2) 1 bed/1 bath apartments, each featuring washer/dryer hookups, private backyard space and a detached single car garage, a rare and desirable amenity in this market. With current scheduled gross rents of $7,111/month, this is a strong income-producing asset in one of Fresno's most sought-after neighborhoods. Whether you're a seasoned investor or looking for your first multifamily property, this is a can't-miss opportunity. Please DO NOT walk grounds or disturb tenants, write offers subject to interior inspections.
Highlights
Home typeMulti Family
HeatingCentral
StatusActive
CoolingCentral Air
Size4,744 sqft
Lot size0.373 Acres
Year built1948
ParkingGarage, One Space per Unit
MLS #632641
Summary
- Fireplace: None
- Total Bedroom Count: 10
- Parking: Garage, One Space per Unit
- Heating: Central
- Cooling: Central Air
- List Price: $925,000
- Price/SqFt: $194
- Annual Tax Amount: $6,384
- Tax Year: 2024
- Lot: Corner Lot
- Directions: Van Ness east on Cornell to property on south side of the street
- Year Built: 1948
- Stories: 1
- Living Area: 4,744 SqFt
- Lot Size: 0.373 Acres
- MLS Number: 632641
- 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: 6/23/2025, 10:45:30 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$925,000
740 E Cornell Ave
$10,000
closing credit¹
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Dec 09, 2022 | Home Sold | $492,500 |
| Feb 06, 2019 | Home Sold | $845,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $502,350 | $6,384 |
| 2023 | $492,500 | $6,384 |
| 2022 | $756,846 | $9,791 |
| 2021 | $742,007 | $9,525 |
| 2020 | $734,400 | $9,484 |
| 2019 | $323,214 | $4,085 |
| 2018 | $316,877 | $4,085 |
| 2017 | $310,665 | $3,887 |
History based on county public records data.
Nearby schools
5
Morris E. Dailey Charter Elementary School
Public Charter KG-5
0.6 mi
•3135 N Harrison Ave
1
Phoenix Elementary Academy Community Day
Public District 1-6
0.8 mi
•3335 N Arthur Ave
2
Heaton Elementary School
Public District PK-6
1.0 mi
•1533 N San Pablo 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 $53,750. Most Fresno, CA residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.
How much money do the neighbors make?
37%
<35k
45%
35k-100k
17%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
61%
Single, No Kids
11%
Single, with Kids
18%
Married, No Kids
10%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
10%
<11 yrs old
7%
12-17 yrs old
30%
18-34 yrs old
45%
35-64 yrs old
8%
65+ yrs old
What do the neighbors do for fun?
Major League Soccer (MLS)
Pro Boxing
Mexican League Soccer
Where do the neighbors shop?
H&M
Burlington
Foot Locker
Where do the neighbors go to eat?
Popeyes
Boston Market
White Castle
What do the neighbors drive?
Nissan
Honda
Kia
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
All data provided by Home Junction and Claritas
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Frequently asked questions
About 740 E Cornell Ave
The listing price of 740 E Cornell Ave property is $925,000.
The property 740 E Cornell Ave is a multi located in Fresno, California, 93704.
Active Listing: 740 E Cornell Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 740 E Cornell Ave are: Morris E. Dailey Charter Elementary School (GreatSchools Rating 5/10), Phoenix Elementary Academy Community Day (GreatSchools Rating 1/10), Heaton Elementary School (GreatSchools Rating 2/10), Hamilton K - 8 School (GreatSchools Rating 4/10), Fort Miller Middle School (GreatSchools Rating 2/10), Aspen Meadow Public (GreatSchools Rating 4/10), Design Science Middle College High School (GreatSchools Rating 10/10), Fresno High School (GreatSchools Rating 3/10), Phillip J Patino School of Entrepreneurship (GreatSchools Rating 8/10).
According to the records, the last property tax for 2024 is $6,384 (source: MLS/based on county public records data).
The last sale was on December 9, 2022 for $492,500 (source: MLS/tax record).
The property 740 E Cornell Ave is 4,744 SqFt (source: MLS/tax record).
The year of construction for 740 E Cornell Ave is 1948.
This home is located at 740 E Cornell Ave in Fresno, CA and zip code 93704 in the Fresno High-Roeding neighborhood. This 4,744 square foot home, which was built in 1948, sits on a 0.37 acre lot. Features: 10 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since June 23, 2025 and is currently priced at $925,000.
While more than 99 listings in Fresno, CA in May 2025 were sold above asking price, there were more than 65 listings sold at asking price, and more than 127 were sold below. The number of listings in Fresno, CA increased by 6.6% between April and May 2025. The median list price of listings available in May 2025 was $399,999, while the average time on the real estate market was 26 days.
From Rocket Homes Real Estate and based on county public records data.