Two-Home Residential Income
For Sale
$399,900
1124 S 1st Avenue, Dinuba, CA 93618
MULTI_FAMILY - Dinuba, CA
Property Size1,562 SF
Lot Size0.25 Acres
Price / SF$256.02
Days on Market49
Property Features for 1124 S 1st Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
5
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 5, Bedroom 1, Bedroom 3, Bedroom 4, Bathroom 2, Bathroom 1, Bedroom 2
Directions
From Crawford ave head west onto E Golden way turn right onto 1st ave property is on the left
Subdivision
Dinuba
Standard status
Active
APN
018123019000
Size
1,562 SF
Lot size
0.25 Acres
Utilities
Sewer type
Public Sewer
Water source
Public
Building Details
Year built
1907
Floors in Building
1
Number of units
2
Listing Agency:
Century 21 Select Real Estate · Century 21 Real Estate
(559) 733-9696
Listed By:
Elisa G Bahena · License #02156080
(559) 510-6082
Added: Jun 12
Changed: Jul 30
Last Checked: Jul 30 at 7:06PM
MLS# 242297
Copyright © 2026 Tulare County MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This residential income property consists of two separate homes on one lot. Each home has its own driveway, creating independent arrival and parking. The unit mix includes one home with 2 bedrooms and 1 bathroom, and a second home with 3 bedrooms and 1 bathroom. The seller is requesting that prospective buyers do not disturb tenants. The property is being sold as-is.
Located at 1124 S 1st Avenue in Dinuba, California (Tulare County), the site is configured as a compact two-home setup on a 0.25-acre lot. With two residences sharing the same parcel, the layout can support tenants seeking separate living arrangements while keeping ownership and management under a single roofline.
For buyers looking to start a rental portfolio or add to an existing one, the two distinct bedroom configurations may appeal to a range of household sizes. The as-is sale provides buyers with a clear ownership path, while the request not to disturb tenants supports a straightforward approach to viewing through appropriate scheduling. Please confirm all details during due diligence, including any questions related to condition, current occupancy, and operating considerations, since the property is sold in its present state.
Located at 1124 S 1st Avenue in Dinuba, California (Tulare County), the site is configured as a compact two-home setup on a 0.25-acre lot. With two residences sharing the same parcel, the layout can support tenants seeking separate living arrangements while keeping ownership and management under a single roofline.
For buyers looking to start a rental portfolio or add to an existing one, the two distinct bedroom configurations may appeal to a range of household sizes. The as-is sale provides buyers with a clear ownership path, while the request not to disturb tenants supports a straightforward approach to viewing through appropriate scheduling. Please confirm all details during due diligence, including any questions related to condition, current occupancy, and operating considerations, since the property is sold in its present state.
Key Highlights
- Year built 1907 with public water service and public sewer
- Two properties on 1 lot, each with its own driveway
- Property includes 2 bedrooms and 1 bathroom
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $21.6k | $13.80 |
| − Vacancy | −$1.4k | −$0.89 |
| EGI | $20.2k | $12.91 |
| − OpEx | −$6.0k | −$3.87 |
| NOI | $14.1k | $9.04 |
1,562 SF · lease $13.80/SF/yr · vacancy 6.46% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$201.6K
$176.4K – $235.2K
NOI $14,114 @ 7.0% cap · market cap 3.53%
Second Best
Apartment 5plus
$185.3K
$162.1K – $216.2K
NOI $12,971 @ 7.0% cap · market cap 3.24%
Theoretical Best
Specialty Retail
$474.5K
$415.2K – $553.5K
NOI $33,212 @ 7.0% cap · market cap 8.31%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
430
Businesses Nearby
Explore this area
Business Placement
Demographics for 93618, CA
30,709
Population
9,040
Households
3.4
Avg Household Size
30
Median Age
14%
College-Educated
71%
High-School Grad
66.9 sq mi
ZIP Area
459
Density / Sq Mi
$63,190
Median Household Income
$31,976
Median Earnings
$1,125
Median Rent
$272,600
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two homes on one lot, each with its own driveway, offering a practical rental mix of 2 and 3 bedroom layouts.
Where is this duplex located?
The property is located at 1124 S 1st Avenue Dinuba, CA.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: Year built 1907 with public water service and public sewer; Two properties on 1 lot, each with its own driveway; Property includes 2 bedrooms and 1 bathroom
