1844 E Lewis Avenue, Fresno, California 93701, Fresno, - bed, bath
ACTIVE$349,000
1844 E Lewis Avenue, Fresno, California 93701
6Beds
2Baths
1,476Sqft
6,500Lot
Year Built
1922
Close
-
List price
$349K
Original List price
$349K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
FR25229244
Home ConditionPoor
Features
ViewNeighborhood
About this home
This 6 bedroom 1.5 bath home would be a good great investment opportunity in central Fresno, located close by schools and some shopping. This is an older established area with long term residents and a good location for rental homes many of which the area also has. It is severely under market rent with room for increases.
Price History
Date
Event
Price
09/30/25
Listing
$349,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (2 Listings) | |
|---|---|---|---|
| Beds | 6 | 6 | 50% |
| Baths | 2 | 2 | 50% |
| Square foot | 1,476 | 1,476 | 50% |
| Lot Size | 6,500 | 5,805 | 67% |
| Price | $349K | $349K | 50% |
| Price per square foot | $236 | $175 | 67% |
| Built year | 1922 | 1917 | 67% |
| HOA | |||
| Days on market | 36 | 167 | 33% |
Condition Rating
Poor
Built in 1922, this property is over 100 years old. The listing description highlights it as an 'investment opportunity' and 'severely under market rent,' which strongly suggests significant deferred maintenance and a need for substantial rehabilitation. While the exterior image shows a roof that appears to be in decent condition, the overall curb appeal is negatively impacted by debris on the street. Crucially, there are no interior images provided, making it impossible to assess the condition of the kitchen, bathrooms, appliances, flooring, or other critical interior systems. However, given the age and the description implying a need for updates to increase rent, it is highly probable that the interior, especially the kitchen and bathrooms, are severely outdated and require extensive renovation to meet modern standards and comfort. Major systems (electrical, plumbing, HVAC) are also likely at or past their expected lifespan, necessitating significant repairs or replacement.
Pros & Cons
Pros
Strong Investment Potential: Explicitly marketed as a 'great investment opportunity' with 'severely under market rent' and 'room for increases,' making it highly attractive for investors seeking rental income.
High Bedroom Count: With 6 bedrooms, the property offers significant capacity for a large family or multiple tenants, maximizing potential rental income streams.
Prime Central Location: Situated in 'central Fresno' and 'close by schools and some shopping,' providing convenience and desirability for residents and tenants.
Established Neighborhood: Located in an 'older established area with long term residents,' suggesting a stable community and potentially lower tenant turnover for investors.
Generous Lot Size: A 6500 sqft lot provides ample outdoor space, which is a valuable asset for a single-family residence in an urban setting.
Cons
Advanced Age of Property: Built in 1922, the home is over a century old, likely requiring significant updates to major systems (electrical, plumbing, HVAC) and general modernization.
Low Bathroom-to-Bedroom Ratio: With only 2 bathrooms for 6 bedrooms, the property offers an inconvenient ratio for a large household or multiple tenants, potentially impacting desirability and rental value without upgrades.
Potential for Extensive Renovation: The description implies the property is 'severely under market rent,' suggesting its current condition may necessitate substantial renovation and capital expenditure to maximize its income potential and appeal.