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32 Beds
16 Baths
12,000 sqft

$2,995,000

1228 Jefferson Avenue, Clovis CA, 93612

Price per sqft$249.58
Built in1965
Property size12,000 sqft
Property typeMulti-family

Overview

Active

Listed Jan 21, 2026

Updated Aug 27

This well-maintained 16-unit multifamily property, located in the highly sought-after city of Clovis, presents an exceptional investment opportunity with both strong in-place income and future upside. The property is currently generating approximately $16,572 per month in gross rents, with clear potential to increase income by aligning rents with current market rates.Comprised of sixteen spacious 2-bedroom, 1-bathroom unitseach approximately 750 square feetthe property is in turnkey condition, offering minimal maintenance needs and a smooth transition for new ownership. An on-site laundry facility provides added convenience for tenants and an additional income stream for the owner.Set in a prime location with high rental demand, this asset offers investors immediate cash flow along with the opportunity for long-term appreciation and value growth. Don't miss the chance to acquire a consistent, high-performing asset in one of the Central Valley's most desirable rental markets.

$19,926/mo

Est. mortgage payment based on a $2,995,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
642577

Interior Features

Bedrooms
32
Bathrooms
16
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.62 Acres

Listed by The JKRE Investment Group, ,
Listing Contact: 559-212-4489 

All properties are subject to prior sale, change or withdrawal. 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. Data last updated 8/27/2026 4:13 AM UTC.

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