4563 E Sierra Madre Ave
Fresno, CA 93726
Fresno State campus-adjacent investment opportunity with substantial value-add upside. Fully renovated turn-key duplex directly across the street from California State University, Fresno (~25,000 students), currently producing $56,160 annual gross rent on a by-the-room student rental model ($780/month per room, 5 of 6 currently leased). The strategic value here is in the entitled redevelopment optionality. Corridor/Center Mixed-Use (CMX) zoning on a 15,000 SF parcel Fresno removed the dwelling-unit density cap in mixed-use zones in 2022, opening the door to additional multifamily in the rear, ground-floor commercial uses targeting the captive student market, or expanded student housing. The lot is the canvas. Offered with CITY-APPROVED expansion plans (Permit B24-13708) adding 4 bed
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Water/Sewer
Sewer: Public Sewer -
Flooring Information
Laminate -
Interior Features
Appliances: Dishwasher, Microwave, Free Standing Electric Oven Laundry Features: In Common Area -
Heating & Cooling
Heating: Central Cooling: Central WaterSource: Meter on Site
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Building Information
Year Built: 1956 Stories: 1 Construction Materials: Stucco, Wood Foundation Details: Concrete -
Exterior Features
Foundation Details: Concrete -
Laundry Features
In Common Area
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Lot Information
Lot Dimensions: 120x125 Lot Description: Other Lot Square Feet: 15,002 Main Square Feet: 2,016Property Information
Property Type: Residential Income Sub Type: Duplex SQ ft (Living Area): 2,016 Construction Materials: Stucco,Wood Property Age: 70 Cross Street: Chestnut ave Source Neighborhood: 24000 Area: Fresno S: 93726 Zoning: CMX Living Area Source: Assessor Auto-Fill Structure Type: House(s)Farm Info
Irrigation Source: Meter Available
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Listing Price Information
Listing Id: 226077889 List Price: $900,000 List Price Tot SqFt: $446
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Tax Information
Parcel Number: 430-090-11
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Parking Information
Attached, Garage
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Elementary School District: Fresno UnifiedJunior High School District: Fresno UnifiedSenior High School District: Fresno Unified
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Utility Information
Other -
Location Information
Direction: From Hwy 41, exit Shaw Ave east. Continue east on Shaw, turn south on Cedar Ave, turn east on Sierra Madre Ave. Property on north side of street directly across from Fresno State.
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ByOwner last updated this listing 06/19/2026 @ 07:51
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