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840 E Brown Ave

Fresno, CA 93710

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$2,300,000

19 bd
  |  
17 ba
  |  
12,349 sq ft
  |  
0.62 acre

840 E Brown Ave

Fresno, CA 93710

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Listed On: 10/27/2025
Status: Active
Listing Number: 639123 (Fresno MLS)

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Presented By:

London Properties Investment Group
London Properties Investment Group 559.436.4065 Email Agent
Property Description
Step into the timeless appeal of Normandy Village Apartments, one of Fresno's most iconic and architecturally significant multifamily properties. Built circa 1935 and listed on the City of Fresno's Local Register of Historic Resources (H.P. #209), this 16-unit courtyard community features whimsical Storybook architecture, hand-wrought iron details, decorative brickwork, and distinctive facades. The 2 bedroom house, 826 E. Brown Ave., Fresno, CA 93704 to be included in this sale. It is a 2 bedroom / 1 bath house.Recent paint and dry-rot repairs have refreshed the property while maintaining its original character. The off-site owner has not actively filled vacancies, offering immediate upside for a hands-on investor. Two units are currently vacant only two need to be leased to meet the pro forma income, with full occupancy pushing returns even higher.Located just blocks from the Tower District, residents enjoy walkable access to dining, entertainment, and cultural amenities. The property's charm and layout also make it ideal for a boutique Airbnb or short-term rental concept, appealing to tenants and guests seeking a unique living experience.Each of the six buildings opens onto landscaped courtyards that foster community and add curb appeal. The colorful accents and asymmetrical design make Normandy Village a true local landmark admired for nearly a century.As a designated historic property, Normandy Village may qualify for Mills Act property tax reductions and other preservation incentives, helping boost long-term returns while supporting ongoing restoration.
Property Type
Multi Family
Property Subtype 1
16 Units & More
Property Subtype 2
5 to 15 Units
Year Built
1930
Region
Urban
Stories
Two
Total Units
17
Price Per Square Foot
$186
Price Per Acre
$3,710,874
Days On Market
30
Cumulative Days On Market
30
County
Fresno
Documents Available
Cash Flow Analysis
REO / Bank Owned
No
Cross Street Address
Brown & Maroa
Directions
From Shields Ave & Palm Ave. Go South on Palm and E on Brown. Property is on the SW corner of Maroa & Brown.
Special Disclosures
Building Restriction, Other
Heat / Cool
Floor or Wall Heat
Roofing
Composition
Foundation
Concrete Perimeter
Fireplace
One Unit
Exterior
Wood, Brick
Gas & Electric
Public Utilities, Natural Gas
Sewer / Water
Public Water, Public Sewer
Garage Spaces
1
Additional Parking
Covered
APN
443 244 15 [PARCEL MAP]
School District
Fresno Unified
School Type 1
High School
School Name 1
Fresno
School Type 2
Junior High School
School Name 2
Hamilton
School Type 3
Grade School
School Name 3
Hamilton
Tenant Pays
Electricity, Gas
Income Includes
Unit Rent
Annual Income
230234.00
Annual Expense
89918.00
Expenses Include
Management, Gardener, Maintenance/Repair, Insurance, Accounting/Legal, License/Ads, Taxes, Vacancy Factor
1st Loan Type
Non-Assumable
Sources of Inc / Exp
Owner
Net Income
140317.00

Courtesy of John Suzuki, James Hendricks & Associates Inc - suzukiadvisor@gmail.com
Last modified 3 weeks ago
Fresno MLS last checked for updates 15 minutes ago

The data relating to real estate for sale on this web site comes in part from the Internet Data eXchange (IDX) of the Multiple Listing Service. Real estate listings are marked with the IDX logo and detailed information about them includes the name of the listing broker and the name of the listing agent. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Information herein deemed reliable but not guaranteed, representations are approximate, individual verification recommended.

Copyright © 2025  London Properties, Ltd. All rights reserved.

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