1985 N Winery Avenue, Fresno, CA 93703
Fresno County
Key Facts
Description
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 Information
Property Type
Residential Income
Sub-Type
Multi Family
Year Built
1971
Living Area
24,225 sq ft
Lot Size
0.93 acres
MLS® Listing#
648834
Property Features
Cooling
Fireplace
Fencing
Construction
Foundation
Roof
Utilities
Sewer
Water Source
Financial Details
Parcel Number
49415223
Directions
From Highway 180, exit Winery Ave and head south. Property is on the east side of N Winery Ave, south of E Shields Ave.
Affordability Calculator
$880,000
Estimated monthly payment
$23,419/mo
Principal $3,520,000 · Est. interest $4,910,713 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Fresno, CA
- $458,394
- Median Listing Price
- 47
- Median Days on Market
- 1,783
- Median Sq Ft
- $251
- Median Price / Sq Ft
- 1,208
- Active Listings
- This home’s price is 860% above the area median.
- Its price per sq ft is 28% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Fresno, CA.
Location
- 1985 N Winery Avenue, Fresno, CA 93703
Getting Around
Points of Interest in Fresno, CA
Showing the Fresno area map.
Nearby Schools
Sierra Charter School
Secondary · 0.1 mi away
Ecclesia University of Divinity, International
School · 0.3 mi away
Ericson Elementary School
Elementary · 0.3 mi away
Atp Flight School
School · 0.6 mi away
Norseman Elementary School
Elementary · 0.7 mi away
Ewing Elementary School
Elementary · 0.7 mi away
Scandinavian Middle School
Secondary · 1.0 mi away
Addicott Elementary School
Elementary · 1.0 mi away
Sacred Heart School
School · 1.0 mi away
Creative Alternatives School
School · 1.0 mi away
Turner Elementary School
Elementary · 1.3 mi away
St Helen's School
Secondary · 1.3 mi away
Bakman Elementary School
Elementary · 1.3 mi away
McLane High School
Secondary · 1.3 mi away
Sheet Metal Industry Joint Apprenticeship
School · 1.4 mi away
Fresno Adventist Academy
School · 1.4 mi away
Wishon Elementary School
Elementary · 1.4 mi away
Leavenworth Elementary School
Elementary · 1.5 mi away
Yosemite Middle School
Secondary · 1.5 mi away
Duncan Polytechnical High School
Secondary School · 1.6 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 125 E Dakota Avenue 101, Fresno, CA | $4,250,000 | 60 | — | 24,434 |
| 2017 N Winery Avenue, Fresno, CA | $4,825,000 | 54 | — | 22,600 |
Moving Cost Estimate
EXIT Agents in Fresno
Listing Courtesy: Brendan Kane Real Estate - 5592890698
Presented by: Brendan L. Kane
Last Updated: 2026-05-14