Coldwell Banker Home Page
Local Realty Service Provided By: Coldwell Banker Kaljian & Associates
Property view
Listing view 2
Listing view 3

4421 E Hedges Avenue, 
Fresno, CA 93703

$799,900


12

Beds


Bath


4,608

Sq Ft


Multi-Family

Pending

Listed by

Jin Kim

The Jkre Investment Group

559-212-4489

Last updated:

May 13, 2026, 07:23 AM

MLS#

645551

Source:

CA FMLS

About This Home

4421 E Hedges Avenue

Rare opportunity to acquire Day 1 cashflow at this price point. 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 Day 1 cap rate of 6.8%, this property offers strong cash flow potential and a solid foundation for investors seeking reliable returns and portfolio growth. Current monthly gross rents total $7,718/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 disturb tenants or walk grounds. Walk-through and inspections will be granted upon offer acceptance.

Home Facts

Multi-Family

12 Bedrooms

Built in 1967

Price Summary

799,900

$173 per Sq. Ft.

MLS #:

645551

Last Updated:

May 13, 2026, 07:23 AM

Added:

1 month(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

12

Interior

Living Area:

4,608 Sq. Ft.


Structure

Structure

Building Area:

4,608 Sq. Ft.

Year Built:

1967


Lot

Lot Size (Sq. Ft):

10,497


Finances & Disclosures

Finances

Price:

$799,900

Price per Sq. Ft:

$173 per Sq. Ft.

MLS Logo
Based on information from the Fresno Association of REALTORS® (alternatively, from the Fresno MLS)as of (May 13, 2026). 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 theinformation.

Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.

Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.