
Fresno, California 93702
This property presents a High-Potential Investment Opportunity with a List Price of $240,000—positioned well below the $240,313 Fair Market Value by 0.13%. Featuring a Condition Rating of 4, the home requires system modernization and cosmetic updates, offering a clear path for value-add renovation. The 6,566 sqft lot provides significant utility, while the functional floor plan serves as a solid foundation. This is a strategic acquisition ideal for Buy-and-Hold Investors or first-time buyers seeking to build equity through targeted improvements.
Property is moderate renovation needed.
Built in 1941 with interior updates to the kitchen and bathroom that appear to be 20+ years old. The home features dated tile countertops, worn carpeting, and utilizes window AC units rather than modern central HVAC, indicating a need for cosmetic refreshing and system modernization.
Conveniently located near the Orange and Butler Avenue corridors, providing easy access to major transportation routes, shopping, and local amenities.
The home features original hardwood flooring and a functional floor plan that maximizes the utility of the living space.
Situated on a 6,566 sqft lot, the property offers significant outdoor space for recreation, gardening, or potential future expansion.
With only 722 square feet of living space, the home may feel cramped for families or those requiring more interior room.
The 2-bedroom layout is served by only one bathroom, which may be a drawback for households with multiple occupants or for future resale value.
Charming 2-bedroom, 1-bath home conveniently located near the Orange Avenue and Butler Avenue corridor in Fresno. The property offers a functional floor plan, hardwood floors, a spacious yard, and easy access to shopping, schools, parks, major transportation routes, and other local amenities. This property may appeal to buyers seeking a primary residence or those exploring investment possibilities. Buyers are encouraged to conduct their own due diligence regarding zoning, permitted uses, rental potential, and any future development opportunities. Whether you're looking to occupy the home or evaluate its potential for your portfolio, this property offers a variety of possibilities in a convenient Fresno location.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 722 | 1,515 |
| Lot Size | 6,566 | 6,448 |
| Price | $240.0K | $428.4K |
| Price per sq ft | $332 | $262 |
| Built year | 1941 | 1989 |
| HOA | $0 | $98 |
| Days on market | 6 | 58 |
Jul 16, 2026
$240,000
Initial Listing
Feb 8, 2006
$150,000
Public Record