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Backup Offers

535 N 5th St, Fresno, CA, 93702

$650,000

Home List Price

$7,719*

Closing Credit

6 Bedrooms
6 Baths
3,596 SqFt
$181/SqFt
Multi
Schools Nearby

Location

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535 N 5th St, Fresno$650,000

Buyer Closing Credits

$7,719*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingCarport
Year Built1950
CoolingEvaporative Cooling
FireplaceNone
MLS #611097
Lot Size0.15 Acres
StatusAccepting Backup Offers
(Pending AcceptBackup)

About 535 N 5th St

Looking to break into multifamily investing or grow your portfolio? Here is an exciting opportunity to purchase this affordable 6 unit apartment building in Fresno, CA. The property has immediate value-add upside with under market rents. Most units have already undergone rennovations the past few years and a brandnew roof will help limit your exposure to large capital expenditures. The property is equipped with a 4 space car port and plenty of additional street parking. Additionally, the strategic location of this property across the street from Hidalgo Elementary School has resulted in steady tenant demand and low historic vacancy levels.

Property Details

Property Features

Property Information:

  • Year Built: 1950
  • Stories: 2
  • Living Area: 3,596 SqFt

Listing Office:

  • Office Name: Gentile Real Estate
  • Listing Agent: Dillon Myers

Interior Features

Interior Information:

  • Fireplace: None

Bedroom and Bathroom Information:

  • Total Bedroom Count: 6

Exterior Features

Parking Information:

  • Parking: Carport

Lot Features

Lot Information:

  • Lot Size: 0.15 Acres

Utilities

Utilities Information:

  • Cooling: Evaporative Cooling

School Info

Assigned Schools Information:

  • McLane High School, Public Magnet Grades 9-12
  • Yosemite Middle School, Public District Grades 7-8
  • Miguel Hidalgo Elementary School, Public District Grades KG-6

Other

Directions Information:

  • Directions: 180 West to Chestnut exit toward Cedar, take a left on Cedar ramp, keep right to take Cedar ramp, Turn left on Cedar, right on Belmont. Turn right on 5th. destination on left

Price Information

Listing Price Info

Price Summary:

  • List Price: $650,000
  • Price Per SqFt: $181/SqFt

Tax Information:

  • Annual Amount: $4,767
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Fresno, CA.

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Fresno, CA

City

Med. Sold Price

$384.8K

Med. Price/SqFt

$241

Avg. Days On Market

29

# of Sold Homes

302

535 N 5th St vs Fresno

13 DAYS ON ROCKET

-16 Days

$650,000

+$265.1K More

$181/SqFt

-$61 Less

KEY TAKEAWAY

This property is $265.1K more than the Median Sold Price and $61/SqFt less than other homes in Fresno, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Fresno Multiple Listing System
  • MLS Number: #611097

Listing Office:

  • Office Name: Gentile Real Estate
  • Listing Agent: Dillon Myers

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 2024 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: 5/1/2024, 11:25:17 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Nov 29, 2018Home Sold
$360,000
Nov 20, 2002Home Sold
$125,000

Tax History

YEARPROP. TAXASSESSMENT
2021$4,767$371,004
2020$4,767$367,200
2019$2,075$360,000
2018$2,075$159,099
2017$1,976$155,980

History based on county public records data.

Payment Calculator

$3,312

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,015

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-4462678
2
/10

  • Miguel Hidalgo Elementary School

  • 3550 E Thomas Ave

  • 0.14 miles

  • Public District Grades KG-6

Middle School

school-card-donut-4462679
2
/10

  • Yosemite Middle School

  • 1292 N 9th St

  • 0.68 miles

  • Public District Grades 7-8

High School

school-card-donut-4462680
2
/10

  • McLane High School

  • 2727 N Cedar Ave

  • 1.74 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $16,486. Residents of Fresno, CA typically earn less than $35k each year. The majority of families are married, with kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›California›Fresno County›Fresno›93702›535 N 5th St

This home is located at 535 N 5th St in Fresno, CA and zip code 93702 in the Huntington neighborhood. This 3,596 square foot home, which was built in 1950, sits on a 0.15 acre lot. Features: 6 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since April 18, 2024 and is currently priced at $650,000.

In April 2024 more than 129 listings in Fresno, CA were sold above the asking price. During the same period more than 66 listings were sold at asking price, while more than 107 were sold below. Between March 2024 and April 2024, Fresno, CA real estate market has seen increase in the number of listings by 5.6%. The median list price of listings available in April 2024 was $384,894, while the average time on the real estate market was 29 days.

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

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