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Executive Summary

Located at 4516 N Chestnut Ave in Fresno, CA, this 1.25-acre parcel presents an excellent multifamily development opportunity within the RM-1 zoning designation. With an allowable density of 12-16 dwelling units per acre, the site can accommodate 17 apartment units, making it ideal for developers looking to capitalize on Fresno’s growing housing demand. Positioned in a well-connected area, the property offers convenient access to major roadways, essential amenities, and employment centers, enhancing its desirability for future residents and investors alike.

Property Facts

Price $435,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Multifamily
Total Lot Size 1.25 AC
Zoning RM-1

1 Lot Available

Lot

Price $435,000
Price Per AC $348,000.00
Lot Size 1.25 AC

Property Taxes

Property Taxes

Parcel Number
430-381-31
Land Assessment
$298,822
Improvements Assessment
$0
Total Assessment
$298,822
  • Listing ID: 36518441

  • Date on Market: 6/27/2025

  • Last Updated:

  • Address: 4516 N Chestnut Ave, Fresno, CA 93726

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