
Fresno, California 93702
This property presents a Prime Investment Opportunity with a List Price of $320,000—positioned well below the $327,057 Fair Market Value by 2%. This valuation gap offers $7,057 in Instant Equity. Featuring a newly refinished swimming pool and spa, the home requires modernization to address its Fair Condition Rating. With a versatile floor plan including a private upstairs retreat, this asset is ideal for Buy-and-Hold Investors or Owner-Occupants seeking to build value through strategic renovations in the Fresno Unified district.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 337 S Meridian Avenue Subject | $320,000* List Price | 3 | 2 | 1,929 | $170 | - |
A 4762 E Grant Sold | $270,000 | 3 | 2 | 1,254 | $215 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1941, this 80+ year old home shows signs of deferred maintenance including weathered exterior stucco and a dead lawn. While the pool is newly refinished, the listing's emphasis on 'potential' and 'investor opportunity' suggests that the kitchen, bathrooms, and internal systems are likely dated and require modernization to meet current standards.
The property features a newly refinished swimming pool and spa, offering a premium lifestyle feature that is highly desirable for Fresno's warm climate.
The layout includes a private upstairs retreat with a dedicated sitting area and bathroom, providing excellent flexibility for multi-generational living or a secluded home office.
With a competitive price point and established rental history, this home presents a strong opportunity for investors seeking immediate utility and long-term value.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
Built in 1941, the property may require updates to its original systems or cosmetic improvements to align with modern energy efficiency and design standards.
The 6,750 sqft lot is largely occupied by the pool and spa, which may limit available green space for gardening or traditional yard activities.
Welcome to 337 S Meridian Ave, a charming two-story home offering 3 bedrooms, 2 bathrooms, situated on a spacious lot, this property combines classic character with desirable amenities and excellent potential for both owner-occupants and investors. The thoughtfully arranged floor plan features two bedrooms and a bathroom on the main level, while the private upstairs retreat offers an additional bedroom, bathroom, and sitting area. The home also features a comfortable living space, dining area, indoor laundry, fireplace, and an attached garage. The private backyard is complete with a newly refinished swimming pool and spa, an ideal setting for entertaining, relaxing, and enjoying Fresno's warm summer months. This property presents an attractive opportunity for an investor seeking an asset with established rental potential and desirable amenities.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,929 | 1,616.512 |
| Lot Size | 6,750 | 6,881.238 |
| Price | $320.0K | $436.3K |
| Price per sq ft | $166 | $259 |
| Built year | 1941 | 1976 |
| HOA | $0 | $178 |
| Days on market | 15 | 51 |
Aug 25, 2026
$320,000
Initial Listing
Jun 12, 2024
$305,000
Public Record
Oct 28, 2021
$290,000
Public Record
Mar 26, 2021
$150,000
Public Record