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    Duplex with Updated Kitchens Title is generated by Realmo AI

    2901 E Olive Avenue, Fresno, CA 93701

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    Claim this Listing
    For Sale
    $319,900

    MULTI_FAMILY - Fresno, CA

    Property size:
    1,480 SF
    Lot size:
    0.16 Acres
    Price / SF:
    $216/SF
    Added:
    May 1, 2026
    Days on Market:
    63
    Last Refresh:
    Jul 2 at 6:06 pm

    Property Features for 2901 E Olive Avenue

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    CG
    Parking features
    Garage
    Standard status
    Active
    APN
    45132319
    Size
    1,480 SF
    Lot size
    0.16 Acres

    Utilities

    Heating system
    Wall Furnace

    Building Details

    Floors in Building
    1

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    Contact an agent
    Marie Meza

    Listing agent Marie Meza License #01772801

    Listing office eXp Realty of Greater Los Angeles, Inc. 303 N Glenoaks Blvd., Ste. 200, Burbank, CA

    Listing date May 1, 2026

    MLS# 234135 Listing URL

    Copyright © 2026 Kings County Board 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.

    HighLights

    • Two‑unit duplex in Fresno with approximately 1,480 sq ft combined living space
    • Built in 1928, featuring Unit A (2BD/1BA) and Unit B (1BD/1BA)
    • Updated kitchens in both units with granite counters
    • LVP flooring in Unit A and LVP plus tile floors in Unit B
    • Garage parking on site

    Overview

    This duplex was built in 1928 and includes two separate residential units. Unit A offers 2 bedrooms and 1 bathroom, with an updated kitchen featuring granite counters and LVP flooring throughout. Unit B provides 1 bedroom and 1 bathroom, also with an updated kitchen with granite counters, plus granite counters in the bathroom. Flooring includes LVP and tile. The property sits on a lot with garage space, providing practical on-site parking or storage for residents.

    The property is located in Fresno, CA 93701, and is described as conveniently positioned near major roads, shopping, and local amenities. The listing also notes zoning of CG, which may be relevant for certain owner-occupants and operators evaluating permitted options under local rules.

    For buyers seeking a residential income setup or an owner-occupied arrangement, this two-unit configuration offers straightforward separation between Unit A and Unit B while maintaining shared property ownership. The presence of updated kitchen finishes and consistent LVP flooring in both units can simplify leasing readiness and day-to-day maintenance planning. With two distinct floorplans—2 bed/1 bath and 1 bed/1 bath—the property can also support tenant mix based on household needs.

    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 $29.3k $19.80
    − Vacancy −$1.6k −$1.09
    EGI $27.7k $18.71
    − OpEx −$8.3k −$5.61
    NOI $19.4k $13.10
    1,480 SF · lease $19.80/SF/yr · vacancy 5.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $276.9K
    $242.3K – $323.1K (±1% cap)
    NOI $19,385 @ 7.0% cap · market cap 6.06%
    Second Best
    Apartment 5plus
    $242.6K
    $212.3K – $283.0K (±1% cap)
    NOI $16,982 @ 7.0% cap · market cap 5.31%
    Theoretical Best
    Office A
    $436.1K
    $381.6K – $508.8K (±1% cap)
    NOI $30,529 @ 7.0% cap · market cap 9.54%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Sun Drops Solar ... Solar Energy Company

    Suggested Use

    Real Estate Agency Law Firm Skin Care Clinic Spa & Massage Center Computer & Electronic Repair Cafe & Coffee Shop Acupuncture Accounting Firm Electrical Service Hair Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Fresno
    County
    Fresno
    State
    California
    Longitude
    -119.776824
    Latitude
    36.757987

    FAQs

    What type of property is this?
    Duplex - Two-unit duplex in a CG-zoned Fresno setting with updated kitchen finishes and garage space.
    Where is this duplex located?
    The property is located at 2901 E Olive Avenue Fresno, CA.
    What is the asking price?
    The asking price for this property is $319,900.
    What are key features of this property?
    This property features: Two‑unit duplex in Fresno with approximately 1,480 sq ft combined living space; Built in 1928, featuring Unit A (2BD/1BA) and Unit B (1BD/1BA); Updated kitchens in both units with granite counters
    More about this property
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