623 W Hedges Avenue, Fresno, California 93728, Fresno, 93728 - 0 bed, 0 bath
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Fresno, California 93728
This duplex presents a High-Potential Investment Opportunity with a List Price of $359,995—positioned above the $344,998 Fair Market Value by -4%. While the property requires attention due to its Condition Rating of 4, the 6,900 sqft lot and Duplex Zoning provide a strong foundation for value-add renovations. The historic Tower District location ensures consistent rental demand, making this an ideal asset for Buy-and-Hold Investors or House-Hacking Owner-Occupants looking to modernize a classic 1941 structure.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 623 W Hedges Avenue Subject | $359,995* List Price | 0 | 0 | 1,520 | $227 | - |
A 728 N Palm Active | $314,900 List Price | 0 | 0 | 1,544 | $204 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property, built in 1941, shows signs of a partial cosmetic refresh including newer LVP flooring and shaker-style kitchen cabinets. However, the bathroom displays significant wall damage and peeling paint indicative of moisture issues, and the exterior features dated metal awnings and worn stucco, suggesting that while functional, the home requires minor repairs and further modernization of systems.
As a duplex, this property offers a versatile investment opportunity for rental income or a house-hacking strategy in a high-demand rental market.
Situated in the 93728 zip code, the property benefits from the historic charm and cultural vibrancy of the Tower District area, attracting consistent tenant interest.
The 6,900 square foot lot provides ample outdoor space for both units, a rare and valuable feature for multi-family residential properties in this area.
Built in 1941, the property may require significant capital expenditures for modernizing aging infrastructure, such as electrical, plumbing, or HVAC systems.
The current list price reflects a substantial increase from its 2023 sale price, which may lead to appraisal hurdles or extended time on market.
Exceptional opportunity in Fresno. This spacious residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 1,520 | 984.5 |
| Lot Size | 6,900 | 11,558.5 |
| Price | $360.0K | $538.6K |
| Price per sq ft | $237 | $207.2K |
| Built year | 1941 | 1990 |
| HOA | $0 | $0 |
| Days on market | 104 | 68 |
Apr 10, 2026
$359,995
Initial Listing
Jan 25, 2023
$290,000
Public Record
May 14, 2021
$245,500
Public Record
Jul 29, 2005
$265,000
Public Record
Oct 24, 2002
$105,000
Public Record