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2908 E Terrace Ave, Fresno, CA, 93703

3beds
2baths
1,710sqft
$395,000
$231price/sqft
$2,938/moest. monthly cost
$117,520/yrincome needed

About This Home

Close to the VA hospital. Fantastic opportunity to own a charming duplex with two completely distinct living spaces! The front home facing Terrace Ave is a delightful 2-bedroom, 1-bathroom residence featuring a spacious living room centered around a cozy fireplace. The kitchen comes fully equipped with a stove, dishwasher, dining area, and a classic built-in hutch. Enjoy the comfort of central heating and air conditioning, a generous backyard, and a private 1-car garage with laundry hookups. This unit shines with recent updates, including new electrical, fresh interior paint, and modern flooring. Potential rental income from this unit is projected to be $2,000 a month!The second home, located at 2438 N. Angus Ave (on the same APN), is a fully updated 1-bedroom, 1-bathroom unit. It boasts a completely remodeled bathroom, fresh paint, brand-new electrical, and gorgeous laminate flooring throughout. This unit also enjoys its own private garage and an excellent-sized backyard. With separate PG&E meters and two independent water heaters, this turnkey property is perfect for multi-generational living or an effortless house-hack/investment setup! This unit is rented for $1400 a month!

Getting Around

79
WalkingVery Walkable
46
TransitSome Transit
73
BikeVery Bikeable

Schools

7/10
Birney Elementary SchoolGrades K-60.3 mi
3/10
4/10
McLane High SchoolGrades 9-121.2 mi

Construction

Condition

  • Year built: 1952

Materials

  • Foundation: Wood Subfloor
  • Roof: Composition
  • Construction materials: Stucco

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family,Duplex

Interior

Appliances

  • Appliances included: Dishwasher: One Unit,Disposal: More than One Unit,Stove: All units

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2

Features

  • Fireplace features: One Unit
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Has Heating (Unspecified Type)
  • Cooling features: Central Air,Evaporative Cooling

Interior Area

  • Total structure area: 1,710
  • Total interior livable area: 1,710 sqft

Property

Details

  • Parcel number: 44528301

Features

  • Levels: One
  • Stories: 1
  • Fencing: Fenced

Lot

  • Lot size: 7,801 sqft
  • Features: Urban,Corner Lot

Parking

  • Total spaces: 2
  • Parking features: Open
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate

How This Home’s Risks Compare

Earthquake
Heat Wave
Inland Flooding

FEMA Declared Disasters in Fresno County and California

Earthquake
Flood
Mud Landslide
Severe Ice Storm
Severe Storm
Snowstorm
Straight Line Winds
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,997$23,964
Home Insurance *$133$1,596
Property Taxes $410$4,920
Electricity $398$4,786
Total$2,938$35,256
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$100,731/yr
40% on housing$88,140/yr
45% on housing$78,346/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.9%
7.9%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 2.6%
2.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$231This listing

vs Other Active Listings

Avg $/sqft

ZIP 93703$188
Fresno County$328

vs Homes Sold Last Month

Median $/sqft

ZIP 93703$244
Fresno County$266

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-08-07Pending sale$395,000
2026-07-16Listed for sale$395,000
2025-09-02Sold$288,550
2025-08-11Pending sale$310,000
2025-07-30Listed for sale$310,000
2025-07-21Pending sale$310,000
2025-07-10Listed for sale$310,000
2025-07-02Pending sale$310,000
2025-06-29Price change$310,000
2025-06-16Listed for sale$335,000
2025-06-03Pending sale$335,000
2025-06-02Price change$335,000
2025-05-01Pending sale$349,950
2025-04-16Price change$349,950
2025-03-25Price change$359,950
2025-03-20Pending sale$374,950
2025-02-19Price change$374,950
2025-01-30Listed for sale$394,950
1994-01-28Sold$78,000

For Sale by Agent

AgentCelso Romero
BrokerageGolden View Realty

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