New Visalia Duplex with
3232 E Tulare Avenue Visalia, CA 93292
3232 E Tulare Avenue, Visalia, CA, 93292
$595,000
Pending
For Sale
$595,000
Pending
MULTI_FAMILY - Visalia, CA
Property Size1,910 SF
Lot Size0.24 Acres
Days on Market259
Property Features for 3232 E Tulare Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Property condition
- Under Construction
- Bedrooms
- 4
- Bathrooms
- 4
- Rooms
- Bedroom 3, Bathroom 1, Bedroom 4, Bedroom 1, Bathroom 3, Bathroom 4, Bedroom 2, Bathroom 2
- Parking features
- Garage
- Interior features
- Ceiling Fan(s), Recessed Lighting
- Appliances
- Dishwasher, Disposal, Free-Standing Range
- Standard status
- Pending
- APN
- 101013022000
- Size
- 1,910 SF
- Lot size
- 0.24 Acres
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air, Ceiling Fan(s)
- Water source
- Public
Building Details
- Year built
- 2026
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Carpet, Laminate
- Building materials
- Stucco
- Roof type
- Composition
Listing agency
Melson Realty, Inc.
(559) 788-2222
Listed by
Renee Teeters
(559) 920-2089
Added: Nov 4, 2025 Updated: Jun 8 at 10:01PM Checked: Jul 21 at 1:06PM
MLS# 238238
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 new construction duplex features two bedrooms and two bathrooms in each unit. The property offers an open-concept layout with natural light. Kitchens and bathrooms feature quartz countertops and sleek cabinetry. Durable luxury vinyl flooring is installed throughout, with plush carpet in the bedrooms. Energy-efficient systems include paid-for solar panels. Each unit includes a primary suite with a private bath and an attached one-car garage. The property includes a low-maintenance yard. Located in a sought-after area, the property is close to shopping, dining, and parks. The property is suitable for first-time buyers, downsizers, or investors. The lot size is 0.24 acres, and the property size is 1910 square feet. The property is located in Visalia, California.
Key Highlights
- New construction 2 bed/2 bath energy‑efficient duplex built in 2026
- Central heating and central air conditioning with ceiling fans
- Kitchen and baths with quartz countertops and sleek cabinetry
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 | $26.4k | $13.80 |
| − Vacancy | −$1.7k | −$0.89 |
| EGI | $24.7k | $12.91 |
| − OpEx | −$7.4k | −$3.87 |
| NOI | $17.3k | $9.04 |
1,910 SF · lease $13.80/SF/yr · vacancy 6.46% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$246.6K
$215.7K – $287.7K
NOI $17,259 @ 7.0% cap · market cap 2.90%
Second Best
Apartment 5plus
$226.6K
$198.3K – $264.4K
NOI $15,861 @ 7.0% cap · market cap 2.67%
Theoretical Best
Office A
$523.2K
$457.8K – $610.4K
NOI $36,626 @ 7.0% cap · market cap 6.16%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - New construction, energy-efficient duplex in a prime Visalia location.
Where is this duplex located?
The property is located at 3232 E Tulare Avenue Visalia, CA.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: New construction 2 bed/2 bath energy‑efficient duplex built in 2026; Central heating and central air conditioning with ceiling fans; Kitchen and baths with quartz countertops and sleek cabinetry
