Duplex with Private Backyards

1991 Parker Place Hanford, CA 93230

Claim this Listing
For Sale
$345,000

MULTI_FAMILY - Hanford, CA

Property size:
1,560 SF
Lot size:
0.17 Acres
Price / SF:
$221/SF
Added:
Jun 26, 2026
Days on Market:
17
Last Refresh:
Jul 12 at 8:06 pm

Property Features for 1991 Parker Place

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
2
Rooms
Bedroom 3, Bedroom 2, Bathroom 2, Bathroom 1, Bedroom 1, Bedroom 4
Parking features
Carport
Exterior features
Stucco, Wood
Standard status
Active
APN
014342014000
Size
1,560 SF
Lot size
0.17 Acres

Building Details

Year built
1967
Floors in Building
1
Number of units
2
Roof type
Composition

Listing agent Nivia Lourenco

Listing office Real Brokerage Technologies 1420 KETTNER BLVD #100, San Diego, CA

Listing date Jun 26, 2026

MLS# 651417 Listing URL

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.

This duplex consists of two separate 2-bedroom, 1-bath units. Each unit is approximately 780 square feet and includes its own laundry area, along with a covered carport. Both units also have private, fenced backyards, giving each household an outdoor space that stays separated from the other unit. The property sits on a 7,339 square foot lot.

Located in North East Hanford within an established neighborhood, the address offers convenient access to everyday needs, including schools and shopping. The layout and site configuration are geared toward straightforward duplex operation, with parking and outdoor areas assigned to each unit.

As a rental property, the building is designed to support occupancy in two distinct households while keeping common living functions separated, including laundry and yard space. For owner-occupants, the duplex format offers the option to live in one unit while renting the other, based on the two-unit, self-contained design. This is a for-sale property intended for buyers evaluating duplexes in a residential income setting.

Key Highlights

  • Duplex in North East Hanford with two 2‑bedroom, 1‑bath units
  • Each unit is approximately 780 sq. ft.; total living space about 1,560 sq. ft.
  • Each unit includes its own laundry area, covered carport, and private fenced backyard

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 $28.6k $18.36
− Vacancy −$1.3k −$0.84
EGI $27.3k $17.52
− OpEx −$8.2k −$5.26
NOI $19.1k $12.27
1,560 SF · lease $18.36/SF/yr · vacancy 4.56% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$273.4K
$239.2K – $318.9K (±1% cap)
NOI $19,135 @ 7.0% cap · market cap 5.55%
Second Best
Apartment 5plus
$243.6K
$213.2K – $284.3K (±1% cap)
NOI $17,055 @ 7.0% cap · market cap 4.94%
Theoretical Best
Healthcare Medical
$492.9K
$431.3K – $575.0K (±1% cap)
NOI $34,501 @ 7.0% cap · market cap 10.00%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Law Firm Kitchen & Bath Showroom Gym & Fitness Center HVAC Service Restaurant Hair Salon Skin Care Clinic Building Supply Auto Repair Shop

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Two 2-bedroom, 1-bath units each with its own laundry area, covered carport, and fenced backyard.
Where is this duplex located?
The property is located at 1991 Parker Place Hanford, CA.
What is the asking price?
The asking price for this property is $345,000.
What are key features of this property?
This property features: Duplex in North East Hanford with two 2‑bedroom, 1‑bath units; Each unit is approximately 780 sq. ft.; total living space about 1,560 sq. ft.; Each unit includes its own laundry area, covered carport, and private fenced backyard
Contact an agent
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message