1985 N Winery Avenue
Fresno, CA, 93703
$4,400,000
55 Beds
42 Baths
24,225 SqFt
0.93 Acres
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$4,400,000
1985 N Winery Avenue
Fresno, CA, 93703
MLS #648834 image #0
Prime Fresno LocationThe property is strategically located at 1985 N Winery Ave, placing it within the immediate sphere of Fresno’s most vital educational and retailhubs. It is situated just minutes from California State University, Fresno (25,000+ students) and Fresno City College, providing a consistent poolof student and faculty renters.Strong Multifamily MarketThe Fresno multifamily market continues to show robust performance. Asking rents in the Central Valley grew by 1.8% annually, and forecastsindicate continued appreciation through 2026. With vacancy rates remaining exceptionally tightreaching as low as 2.5% in neighboringcountiesVilla Capri is well-positioned to benefit from the region’s chronic undersupply of quality rental housing.Regional Employment and expansionFresno serves as the economic heart of the Central Valley, recently adding 7,600 new jobsthe largest net gain in the region. The localeconomy is supported by a diverse array of industries, including healthcare, education, and a massive logistics sector anchored by Amazon,Target, and Walmart. The recent $150 million expansion of the Fresno Yosemite International Airport (FAT) further solidifies the area as agrowing hub for commerce and travel, driving sustained household formation and rental demand.Villa Capri features a highly efficient unit mix, with 92% of the property comprised of spacious two-bedroom floor plans (split evenly between2BD/1BA and 2BD/2BA). This configuration is the most sought-after in the Fresno market, appealing to a wide range of renters from smallfamilies to roommates. The two-building, garden-style layout on a 0.93-acre site offers a manageable scale for investors, while the uniformfloor plans help minimize ongoing maintenance and turnover expenses.

Property Details

Price:
$4,400,000
MLS #:
648834
Status:
Active
Beds:
55
Baths:
42
Type:
Multi Family
Subtype:
16 Units & More
Neighborhood:
703
Listed Date:
May 14, 2026
Finished Sq Ft:
24,225
Lot Size:
40,300 sqft / 0.93 acres (approx)
Year Built:
1971
Fresno Unified

Schools

School District:
Fresno Unified

Interior

Exterior

Financial

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Current real estate data for Multi Family in Fresno as of Jun 07, 2026
86
Multi Family Listed
73
Avg DOM
200
Avg $ / SqFt
$985,097
Avg List Price

Community

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Property Summary

    1985 N Winery Avenue Fresno CA is a Multi Family for sale in Fresno, CA, 93703. It is listed for $4,400,000 To schedule a showing of MLS#648834 at 1985 N Winery Avenue in Fresno, CA, contact your Valley Harvest Properties agent at 5597797132.
1985 N Winery Avenue
Fresno, CA

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Valley Harvest Properties

Don’t miss out on your dream property! Contact Valley Harvest Properties today at (559) 779-7132. Schedule a consultation with our experts to start your real estate journey. Whether you’re looking to buy, sell, or lease, we are ready to work for you and ensure your success.

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