Duplex with Private
For Sale
$254,900
450 N 6th Street, Coalinga, CA 93210
MULTI_FAMILY - Coalinga, CA
Property Size1,480 SF
Lot Size0.10 Acres
Price / SF$172.23
Days on Market100
Property Features for 450 N 6th Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R2
Parking features
Open
Patio and Porch features
Porch
Fencing
Fenced
Directions
Take 198 West bound toward the city of Coalinga. Make a left on Van Ness Street, Make a left on Sunset street. Home is on the right on the corner of Sunset and 6th street.
Subdivision
Coalinga
Standard status
Active
APN
07210415
Size
1,480 SF
Lot size
0.10 Acres
Utilities
Sewer type
Public Sewer
Heating system
Varies by Unit (Heating)
Water source
Public
Amenities
private backyard
Building Details
Floors in Building
1
Flooring type
Laminate
Roof type
Composition
Listing Agency:
eXp Realty of Greater Los Angeles, Inc.
(888) 652-1314
Listed By:
Marie Meza · License #01772801
(559) 246-4905
Added: May 15
Changed: Aug 4
Last Checked: Aug 22 at 10:06PM
MLS# 234347
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.
Investment Insights
Based on property information with market context.
This R2-zoned duplex contains 1,480 square feet across two residences, with each unit offering 2 bedrooms and 1 bathroom. One residence is vacant, while both units include their own fenced backyard areas. Interior finishes include laminate flooring, and the property has a composition roof, porch, open parking, public water, and public sewer. Heating and cooling vary by unit: one has a ductless mini-split system, and the other uses a window unit.
Located at 450 N 6th Street in Coalinga, the property provides access to downtown shopping, schools, and local services. The 0.1033-acre parcel supports the duplex configuration and its separate outdoor spaces.
Located at 450 N 6th Street in Coalinga, the property provides access to downtown shopping, schools, and local services. The 0.1033-acre parcel supports the duplex configuration and its separate outdoor spaces.
Key Highlights
- Duplex with 1,480 square feet of total property size
- Each unit includes 2 bedrooms and 1 bathroom
- One unit is vacant
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
$19,591
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
7.69%
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%
$391,820
$391.8K
Cap Rate 7%
$279,871
$279.9K
Cap Rate 9%
$217,678
$217.7K
Market Conditions
NOI Build-Up for 1,480 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
$29.8K $20.16/SF
− Vacancy
−$1.8K −$1.25/SF
EGI
$28.0K $18.91/SF
− OpEx
−$8.4K −$5.67/SF
NOI
$19.6K $13.24/SF
Area
Fresno County, CA
Vacancy
6.20%
Lease Rate
$20.16 /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%
$391,820
Cap Rate 7%
$279,871
Cap Rate 9%
$217,678
Alternative Uses
Best Use
Multifamily LT 5
$279.9K
$244.9K – $326.5K
NOI $19,591 @ 7.0% cap · market cap 7.69%
Second Best
Apartment 5plus
$267.4K
$233.9K – $311.9K
NOI $18,715 @ 7.0% cap · market cap 7.34%
Theoretical Best
Office A
$419.5K
$367.0K – $489.4K
NOI $29,363 @ 7.0% cap · market cap 11.52%
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
528
Businesses Nearby
Explore this area
Business Placement
Demographics for 93210, CA
18,581
Population
4,883
Households
3.8
Avg Household Size
34
Median Age
12%
College-Educated
68%
High-School Grad
775.4 sq mi
ZIP Area
24
Density / Sq Mi
$77,850
Median Household Income
$36,583
Median Earnings
$1,034
Median Rent
$258,300
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two separately configured residences offer private outdoor areas and varied heating and cooling systems.
Where is this duplex located?
The property is located at 450 N 6th Street Coalinga, CA.
What is the asking price?
The asking price for this property is $254,900.
What are key features of this property?
This property features: Duplex with 1,480 square feet of total property size; Each unit includes 2 bedrooms and 1 bathroom; One unit is vacant
