Duplex With Private Yards And RV
For Sale
$600,000
31916 Country Club Drive, Porterville, CA 93257
MULTI_FAMILY - Porterville, CA
Property Size2,725 SF
Lot Size0.29 Acres
Price / SF$220.18
Days on Market161
Property Features for 31916 Country Club Drive
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
5
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 3, Bedroom 4, Bathroom 1, Bathroom 3, Bedroom 5, Laundry Room, Bedroom 1, Bathroom 2, Bedroom 2, Family Room
Parking features
RV
Patio and Porch features
Patio
Interior features
Ceiling Fan(s), Kitchen Island, Kitchen Open to Family Room, Kitchenette, Low Flow Plumbing Fixtures, Open Floorplan, Remodeled, Storage, Tile Counters
Exterior features
Courtyard
Appliances
Dishwasher, Disposal, Gas Oven, Gas Range, Gas Water Heater, Microwave, Vented Exhaust Fan
Lot features
Back Yard, Fencing, Landscaped, Sprinklers In Rear
Directions
From Highway 198 turn south on River Island Drive, west on Country Club Drive into the SECOND driveway. Unit is located all the way to the back of the parking lot.
Subdivision
Springville
Standard status
Active
APN
284322008000
Size
2,725 SF
Lot size
0.29 Acres
Utilities
Sewer type
Septic Tank
Heating system
Central, Forced Air, Natural Gas
Cooling system
Ceiling Fan(s), Multi Units, Central Air
Water source
Private
Amenities
private yard
patio space
laundry facilities
putting green
extra large RV bay
Building Details
Year built
2002
Floors in Building
1
Number of units
2
Flooring type
Tile - Ceramic, Concrete, Combination, Laminate
Building materials
Stucco
Roof type
Rolled Hot Mop
Additional Structures
Storage
Listing Agency:
Melson Realty, Inc.
(559) 788-2222
Listed By:
Christina C Costa · License #01722063
(559) 359-9795
Added: Mar 10
Changed: Aug 2
Last Checked: Aug 17 at 11:06AM
MLS# 240242
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.
Remodeled duplex on a 0.29-acre lot built in 2002, with stucco construction and a rolled hot mop roof. The property features a 3-bedroom, 2-bath unit with a private yard and an open floorplan, plus tile counters, ceiling fans, and a kitchen island. The second unit offers a spacious 1-bedroom, 1-bath layout with its own patio space. Both units include their own laundry facilities for added convenience.
Outside, the duplex includes a courtyard. Parking is highlighted by an extra large RV bay. Interior comforts include central heating and central air, with forced air and natural gas noted in the systems.
Utility services are supported by a private water source and a septic tank. This duplex is approximately 2,725 square feet.
Outside, the duplex includes a courtyard. Parking is highlighted by an extra large RV bay. Interior comforts include central heating and central air, with forced air and natural gas noted in the systems.
Utility services are supported by a private water source and a septic tank. This duplex is approximately 2,725 square feet.
Key Highlights
- 0.29‑acre duplex built in 2002 with stucco exterior and rolled hot mop roof
- 3‑bedroom, 2‑bath unit includes a private yard and kitchen island with open floorplan
- 1‑bedroom, 1‑bath unit includes its own patio space
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$24,623
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.10%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$492,460
$492.5K
Cap Rate 7%
$351,757
$351.8K
Cap Rate 9%
$273,589
$273.6K
Market Conditions
NOI Build-Up for 2,725 SF
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.
Gross rent
$37.6K $13.80/SF
− Vacancy
−$2.4K −$0.89/SF
EGI
$35.2K $12.91/SF
− OpEx
−$10.6K −$3.87/SF
NOI
$24.6K $9.04/SF
Area
Tulare County, CA
Vacancy
6.46%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$492,460
Cap Rate 7%
$351,757
Cap Rate 9%
$273,589
Alternative Uses
Best Use
Multifamily LT 5
$351.8K
$307.8K – $410.4K
NOI $24,623 @ 7.0% cap · market cap 4.10%
Second Best
Apartment 5plus
$323.3K
$282.9K – $377.2K
NOI $22,629 @ 7.0% cap · market cap 3.77%
Theoretical Best
Specialty Retail
$827.7K
$724.3K – $965.7K
NOI $57,940 @ 7.0% cap · market cap 9.66%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
9
Businesses Nearby
Explore this area
Business Placement
Demographics for 93257, CA
79,569
Population
25,020
Households
3.2
Avg Household Size
31
Median Age
15%
College-Educated
69%
High-School Grad
378.9 sq mi
ZIP Area
210
Density / Sq Mi
$58,261
Median Household Income
$30,344
Median Earnings
$1,086
Median Rent
$276,400
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Remodeled duplex with two separate patios, in-unit laundry, and an RV bay for flexible tenant or owner use.
Where is this duplex located?
The property is located at 31916 Country Club Drive Porterville, CA.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: 0.29‑acre duplex built in 2002 with stucco exterior and rolled hot mop roof; 3‑bedroom, 2‑bath unit includes a private yard and kitchen island with open floorplan; 1‑bedroom, 1‑bath unit includes its own patio space
