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264 Osmun Ave - Triplex near Old Town Clovis 3 Unit Apartment Building Offered at $1,162,527 CAD Clovis, CA 93612
Investment Highlights
- Spacious Units - 1,360 SF per unit
- Location, Location, Location! Conveniently located near Old Town Clovis
- Each unit comes with its own detached single car garage
- W/D hookups in each unit
Executive Summary
Exceptional investment opportunity in the heart of Clovis. This large triplex offers an outstanding opportunity to acquire a well-located multifamily asset that rarely trades in the open market. Situated within the highly sought-after Clovis Unified School District, the property benefits from consistent tenant demand and strong long-term fundamentals.
Each of the three units are 2 bed/1.5 bath townhome- style, offering 1,360 square feet of living space, well above the average for the submarket. Each unit also includes a detached single-car garage, a feature tenants value and differentiate this asset from competing rentals.
Current rents are estimated to be 25-30% below market, providing a clear and immediate value-add opportunity through straightforward rent increases at turnover. Additionally, the property presents an opportunity to implement a RUBS (Ratio Utility Billing System) program to recapture utility costs currently absorbed by ownership, further improving net operating income.
An April 2026 termite inspection report and due diligence folder are available upon request.
The units are individually metered for P.G.&E. and paid for by tenant.
Each of the three units are 2 bed/1.5 bath townhome- style, offering 1,360 square feet of living space, well above the average for the submarket. Each unit also includes a detached single-car garage, a feature tenants value and differentiate this asset from competing rentals.
Current rents are estimated to be 25-30% below market, providing a clear and immediate value-add opportunity through straightforward rent increases at turnover. Additionally, the property presents an opportunity to implement a RUBS (Ratio Utility Billing System) program to recapture utility costs currently absorbed by ownership, further improving net operating income.
An April 2026 termite inspection report and due diligence folder are available upon request.
The units are individually metered for P.G.&E. and paid for by tenant.
Property Facts
| Price | $1,162,527 CAD | Property Type | Multifamily |
| Price Per Unit | $387,509 CAD | Building Size | 4,080 SF |
| Sale Type | Investment | No. Stories | 2 |
| No. Units | 3 | Year Built | 1985 |
| Price | $1,162,527 CAD |
| Price Per Unit | $387,509 CAD |
| Sale Type | Investment |
| No. Units | 3 |
| Property Type | Multifamily |
| Building Size | 4,080 SF |
| No. Stories | 2 |
| Year Built | 1985 |
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Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 492-131-04 | Improvements Assessment | $616,550 CAD |
| Land Assessment | $71,135 CAD | Total Assessment | $687,685 CAD |
Property Taxes
Parcel Number
492-131-04
Land Assessment
$71,135 CAD
Improvements Assessment
$616,550 CAD
Total Assessment
$687,685 CAD
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264 Osmun Ave - Triplex near Old Town Clovis
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