Sold
Last Sold Price
4 beds2 baths5,799 sqft

10861 S Reed Ave,Ā Reedley, CAĀ 93654

Multi FamilyProperty Type
3.73 acresLot Size
1960Year Built
$108/sq ftPrice per sq ft
2 carsParking Spaces

Description

Prime Investment Opportunity - 3.73 Acres on Reed Avenue! Calling all investors and developers! This exceptional property offers huge potential in a growing area within the Sphere of Influencejust steps from the scenic Kings River. Lot Size: 3.73 acres Current Units: 3 existing rental units Development Potential: Ample space to add more units (buyer to verify zoning and development guidelines) Location: Quiet, desirable area near natural surroundings, yet close to town amenities Aerial imagery highlights...Prime Investment Opportunity - 3.73 Acres on Reed Avenue! Calling all investors and developers! This exceptional property offers huge potential in a growing area within the Sphere of Influencejust steps from the scenic Kings River. Lot Size: 3.73 acres Current Units: 3 existing rental units Development Potential: Ample space to add more units (buyer to verify zoning and development guidelines) Location: Quiet, desirable area near natural surroundings, yet close to town amenities Aerial imagery highlights the expansive lot, proximity to the Kings River, and surrounding open landideal for future development. This is your chance to secure a rare, versatile piece of real estate in a highly desirable location. Whether you're looking to expand your rental portfolio or develop a new project, this property is a rare find. Do not disturb tenants. Drive by onlycontact us for more information or to schedule a private showing.
Listing closed: 12/22/2025 12:00 AM • Source: FRESNOMLS, MLS#: 629679
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Recent comparable sales

Median sold price

$449,345

Avg days on market

43

Sale-to-list ratio

101.5%

Reedley, CA

9 comparable properties found

a view of house with a yard
1/15
1

$440,000

Sold 04/11/25

4
Bedrooms
2
Bathrooms
1,820
Square Feet
0.14
Acres
a view of a house with a yard and large tree
1/12
2

$350,000

Sold 04/02/26

4
Bedrooms
2
Bathrooms
1,536
Square Feet
0.17
Acres
a view of a house with a yard and large tree
1/12
3

$330,000

Sold 04/02/26

4
Bedrooms
2
Bathrooms
1,536
Square Feet
0.17
Acres
a front view of house with yard and green space
1/63
4

$523,600

Sold 04/17/25

4
Bedrooms
2
Bathrooms
2,544
Square Feet
0.34
Acres
a view of house with a yard and potted plants
1/2
5

$454,345

Sold 12/02/24

4
Bedrooms
2
Bathrooms
1,890
Square Feet
0.14
Acres
a front view of a house with a yard and garage
1/2
6

$449,345

Sold 10/31/24

4
Bedrooms
2
Bathrooms
1,890
Square Feet
0.14
Acres
front view of a house with a yard
1/35
7

$430,000

Sold 12/05/25

4
Bedrooms
2
Bathrooms
1,840
Square Feet
0.21
Acres
8

$589,000

Sold 07/25/25

4
Bedrooms
2.5
Bathrooms
2,572
Square Feet
0.21
Acres
a front view of a house with a yard
1/37
9

$589,000

Sold 08/08/25

4
Bedrooms
3
Bathrooms
2,572
Square Feet
0.21
Acres

Location

Listing Courtesy of Valley Land & Investment Co.

Sold By Bloom Group, Inc.

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Payment Calculator

$3,690 per month

30 year fixed, 7.03% Interest

Principal and Interest

$3,337

Property Taxes

$353

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.
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Property Information for 10861 South Reed Avenue

Property Details

  • MLS Type: Multi Family / Triplex
  • Garage Spaces: 2
  • Garage Type: Attached
  • Cross Street Address: Floral

Building Information

  • Residences: 3
  • Year Built: 1960
  • Lot Size: 3.73 AC / 162,478 SF

Summary

Location and General Information
  • Region: Urban
  • Directions: Fwy 99, Exit Mountain View east, to Reed Ave, go North to on Reed to property.
  • Census Tract: .00
School Information
  • School Name 1: Reedley
  • School Name 2: Riverview
  • School Name 3: Riverview
  • School Type 1: High School
  • School Type 2: Junior High School
  • School Type 3: Grade School
Taxes and HOA Information
  • Association: Fresno MLS
Lot Information
  • Square Footage Source: Tax Records
  • APN: 36518119
  • Lot Measurement: SqFt
  • Lot Size Source: (Tax Records)
  • Multiple Listing Service: Fresno Multiple Listing System

Property

Property and Assessments
  • REO/Bank Owned: No
  • FIPS Code: 19
  • Age: 0
  • Property Disclaimer: Information herein deemed reliable but not guaranteed, representations are approximate, individual verification recommended.
  • Total Buildings: 0
  • Stories: Multi/Split
Utilities
  • Gas & Electric: Public Utilities
  • Sewer/Water: Private Water

Interior and Exterior Features

Exterior Features
  • Exterior: Stucco
  • Foundation: Wood Subfloor
  • Roofing: Composition
Interior Features
  • Heat/Cool: Evaporative, Floor or Wall Heat
  • Fireplace: None

Multi Family

Income & Expenses Information
  • Annual Expense: $6,472.00
  • Annual Income: $38,184.00
  • Expenses Include: Maintenance/Repair, Insurance, Taxes
  • Income Includes: Unit Rent, Month to Month
  • Net Income: $29,184.00
  • Total Units: 3
Unit 1 Information
  • Unit Number: 0
  • Unit Description: 10841
  • Square Feet: 0
  • Rooms: 0
  • Bathrooms: .00
  • Identical Units: 0
  • Rent: $1,085.00
Unit 2 Information
  • Unit Number: 1
  • Unit Description: 10843
  • Square Feet: 0
  • Rooms: 0
  • Bathrooms: .00
  • Identical Units: 0
  • Rent: $957.00
Unit 3 Information
  • Unit Number: 2
  • Unit Description: 10863
  • Square Feet: 0
  • Rooms: 0
  • Bathrooms: .00
  • Identical Units: 0
  • Rent: $1,140.00

Rental

Rental Information
  • Tenant Pays: Electricity
  • Lease Type: Net

Property History for 10861 South Reed Avenue

DateEvent & SourcePriceAppreciation
Dec 22, 2025

Sold

FRESNOMLS #629679

$625,000—
Oct 21, 2025

Sold (Public Record)

Public Record #1923495352

$625,000

+4.5% / yr

Oct 20, 2025

Pending

FRESNOMLS #629679

—
DateEvent & SourcePrice
12/22/2025

Sold

FRESNOMLS #629679

$625,000
10/21/2025

Sold (Public Record)

Public Record #1923495352

$625,000

+4.5% / yr

10/20/2025

Pending

FRESNOMLS #629679

—

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 10861 South Reed Avenue

Taxable Value

Land

$300,000

Additions

$325,000
Total$625,000

Tax Record

2025

$4,240 ($353 / month)

Home Facts

Baths

2

Total Finished SqFt

5,799 SqFt

Above Grade Finished SqFt

5,799 SqFt

Stories

2

Lot Size

162,479 SqFt

Style

Triplex

Year Built

1960

Year Renovated

1960

Zoning

AL20

County

FRESNO

APN

365-181-19

Schools near 10861 South Reed Avenue

This home is within Kings Canyon Joint Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 9 to 12
Public - K to 12
Charter - 9 to 12
Rating
School
Distance
Riverview Elementary School
PublicK to 8

Reedley High School
Public9 to 12

Mountain View (Alternative) School
PublicK to 12

Reedley Middle College High
Charter9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 10861 South Reed Avenue, Reedley, CA 93654
$625,000
4
2
5,799
162,478
$120,000
2
1
968
47,520
$250,000
4
1.5
1,822
225,205
$320,000
3
1
1,696
348,044
$3,232,500
–
–
7,977
130,680
$400,000
5
5,683
848,113

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Valley Land & Investment Co.

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.