1405 E Patterson Fresno, CA 93728
MULTI_FAMILY - Fresno, CA
Property Features for 1405 E Patterson
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 2
- Bathrooms
- 2
- Rooms
- Bathroom 2, Bedroom 2, Bathroom 1, Bedroom 1
- Parking features
- Covered
- Exterior features
- Wood
- Standard status
- Active
- APN
- 45205117
- Size
- 1,170 SF
- Lot size
- 0.06 Acres
Building Details
- Year built
- 1925
- Floors in Building
- 1
- Number of units
- 2
- Roof type
- Shake
Listing agent Gregory Holmes (916) 218-6700
Listing office RE/MAX Gold - Clovis 1615 Shaw Avenue Suite #1, CA (559) 472-5115
Listing date Jul 7, 2026
Copyright © 2026 Fresno Association of Realtors. 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.
The property is located at 1405 E Patterson in Fresno, California 93728. Public remarks indicate it is centrally located with proximity to Freeways 99, 41, and 180, as well as Highway 168, which may support convenient regional access for tenants and visitors.
For buyers seeking an affordable, owner-controlled multifamily investment, a duplex format can provide the flexibility of multiple residences within one ownership structure. As a residential income property, it may also appeal to owner-occupants looking to offset housing costs with rental income. Prospective buyers should review the specific unit configuration and current occupancy details during due diligence.
Key Highlights
- Year built: 1925
- Wood exterior
- Roof type: shake
Local 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 | $23.2k | $19.80 |
| − Vacancy | −$1.3k | −$1.09 |
| EGI | $21.9k | $18.71 |
| − OpEx | −$6.6k | −$5.61 |
| NOI | $15.3k | $13.10 |
