$310,000
Last sold price
- 7 Beds
- 4 Baths
- 2,634 sqft (on 1 acre)
844 E River Avenue, Porterville, CA 93257
Est. Refi. Payment $1,933/mo*
Refinance Your HomeCurrently Off Market - Sold Aug 19, 2026 for $310,000 (11% below list price)
Home Value
Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.32 | Multi-Family Home | $289,000 | 04/10/26 | 4 | 2 | 1,900 | |
0.95 | Multi-Family Home | $550,000 | 05/22/26 | 10 | 5 | 4,115 | |
1.17 | Multi-Family Home | $375,000 | 09/26/25 | 5 | 3 | 2,418 | |
1.23 | Multi-Family Home | $425,000 | 09/23/25 | 5 | 3 | 2,275 | |
2.49 | Multi-Family Home | $547,000 | 06/15/26 | 7 | 4 | 3,100 | |
2.73 | Multi-Family Home | $520,000 | 02/17/26 | 8 | 5 | 3,531 | |
1.94 | Multi-Family Home | $642,500 | 09/23/25 | 4 | 1 | 5,123 | |
2.61 | Multi-Family Home | $430,000 | 11/14/25 | 5 | 4 | 1,921 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.11 | $307,100 | 3 | 2 | 1,132 | Off Market | |
0.14 | $336,900 | 3 | 2 | 1,100 | Off Market | |
0.16 | $277,400 | 3 | 1 | 784 | Off Market | |
0.23 | - | - | - | - | Off Market | |
0.25 | - | 3 | 3 | 600 | Off Market | |
0.29 | $290,600 | 3 | 2 | 1,580 | Off Market | |
0.30 | $210,200 | 2 | 2 | 1,440 | Off Market | |
0.32 | $289,000 | 4 | 2 | 1,900 | Recently Sold | |
0.37 | $300,000 | 3 | 2 | 1,547 | Recently Sold | |
0.36 | $316,700 | 4 | 2 | - | Off Market | |
0.33 | - | - | - | - | Off Market |
Local Information
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Home Highlights
Property Type
Multi-Family
Year Built
1950
Lot Size
1 acre
Living Area
2,634 sqft
Price/Sqft
$118/sqft
About this House
844 E. River Avenue presents a rare opportunity to acquire a four-unit residential income property situated on a full one-acre parcel in Porterville. Currently operating at approximately a 7% cap rate, the property offers immediate cash flow with significant upside potential through continued value-add improvements and strategic rent increases. Current rents remain below market, creating an opportunity for a new owner to increase net operating income and overall returns over time. Ownership has already completed several capital improvements, including remodeled bathrooms, laundry room upgrades, and a complete interior renovation of one unit, providing a solid foundation for future enhancements. The existing four units are primarily situated on the front portion of the property, leaving substantial excess land toward the rear of the site. One of the property's most attractive features is its long-term development potential. Buyers may wish to explore the feasibility of an SB9 lot split and additional residential development opportunities on the rear portion of the parcel, subject to all applicable approvals. Prospective purchasers should conduct their own investigations with Tulare County regarding allowable density and future development options, as well as with the City of Porterville regarding water service capacity. The property is currently served by a single water meter that supplies all four units, with water expenses paid by ownership. Opportunities combining current income, rental upside, and future development potential are increasingly difficult to find. 844 E. River Avenue offers investors the ability to enhance cash flow today while positioning the property for additional value creation in the years ahead.
844 E River Avenue, Porterville, CA 93257 is a 7 bedroom, 4 bathroom, 2,634 sqft multi-family built in 1950. It last sold for $310,000 on Aug 19, 2026 (11% below the $349,950 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate rent is $2,712/month.
Last check for updates: about 7 hours ago
Listed by Gerardo Gonzalez, (559) 781-1414
Century 21 Select Real Estate
Bought with: Jared Davis, (559) 361-6728, Downtown Realty
Source: TCMLS, MLS#242458

Home Details for 844 E River Avenue
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Beds & Baths Number of Bedrooms: 7Number of Bathrooms: 4 |
Dimensions and Layout Living Area: 2634 Square Feet |
Appliances & Utilities Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water ConnectedAppliances: Gas OvenLaundry: Inside |
Heating & Cooling Heating: Wall FurnaceHas CoolingAir Conditioning: Central Air,Evaporative CoolingHas HeatingHeating Fuel: Wall Furnace |
Gas & Electric Has Electric on Property |
Windows, Doors, Floors & Walls Flooring: LaminateCommon Walls: No Common Walls |
Levels, Entrance, & Accessibility Stories: 1Floors: Laminate |
View No View |
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Exterior Home Features Roof: Other CompositionPatio / Porch: Covered, Front Porch, PorchFoundation: Concrete Perimeter, RaisedNo Private Pool |
Water & Sewer Sewer: Public Sewer |
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Cumulative Days on Market: 16 |
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Year Built Year Built: 1950 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Quadruplex, Multi Family |
Building Construction Materials: Clapboard, Wood SidingNot a New ConstructionAttached To Another StructureNo Additional Parcels |
Property Information Condition: FixerParcel Number: 262270026000 |
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Price List Price: $349,950Price Per Sqft: $118/sqft |
Status Change & Dates Off Market Date: Tue Jul 07 2026 |
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MLS Status: Closed |
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Direction & Address City: Porterville |
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Building Area Building Area: 2634 Square Feet |
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No HOA |
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Lot Area: 1 Acres |
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Mobile Home Park Mobile Home Units: Feet |
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Expense Tenant Pays: Electricity, Gas |
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Owner Pays: Water, Trash Collection |
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Mls Number: 242458 |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Aug 19, 2026 Source: TCMLS #242458 | Sold | $310,000 |
Jul 7, 2026 Source: TCMLS #242458 | Pending | $349,950 |
Jun 22, 2026 Source: TCMLS #242458 | Listed For Sale | $349,950 |
Feb 15, 2013 Source: Agent Provided | ListingRemoved | $149,950 |
Aug 23, 2012 Source: Agent Provided | Listed For Sale | $149,950 |
Market trends in Porterville
Last updated July 2026
Avg. sale price
$335K
Sale-to-List Price
100.0%
Price per sq ft
$223
$7MoM
Available listings
132
12MoM
Around this home
What Locals Say about Porterville
At least 354 Trulia users voted on each feature.
80 % Say yards are well-kept
80 % Say parking is easy
78 % Say there are sidewalks
76 % Say car is needed
75 % Say there's holiday spirit
67 % Say it's dog friendly
66 % Say kids play outside
57 % Say it's quiet
56 % Say people would walk alone at night
55 % Say it's walkable to grocery stores
54 % Say streets are well-lit
53 % Say they plan to stay for at least 5 years
50 % Say it's walkable to restaurants
48 % Say neighbors are friendly
22 % Say there are community events
21 % Say there's wildlife
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections

Based on information from the Tulare County Association of REALTORSยฎ as of {{LastUpdated}}. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Frequently asked questions about 844 E River Avenue
- What is the price history for 844 E River Avenue?844 E River Avenue in Porterville, CA last sold for $310,000 in August 2026.
- Is Porterville a buyer's or seller's market?Porterville is currently a seller's market, based on recent for-sale activity.
- What's the median sale price in Porterville?The median sale price in Porterville is $335K. That is roughly unchanged from the prior month.
- What do residents say about Porterville?Residents describe Porterville, CA as well-kept, easy to park in, and pedestrian-friendly. See recently sold homes in Porterville, CA.
- Does 844 E River Avenue have air conditioning?Yes, 844 E River Avenue in Porterville, CA has air conditioning.
- Does 844 E River Avenue have laundry facilities?Yes, 844 E River Avenue in Porterville, CA has laundry facilities.

