Fourplex with Detached
For Sale
$450,000
1024 N Broadway ST, Fresno, CA 93728
Four 1-bedroom, 1-bath units are configured as two separate duplexes with detached garages.
Property Size3,521 SF
Price / SF$127.80
Days on Market14
Property Features for 1024 N Broadway ST
General Information
Standard status
Active
Size
3,521 SF
Property subtype
Multi Family
Additional Details
Multifamily Units
4
Building Details
Year Built
1946
Listing Agency:
Realty Concepts, Ltd. - Fresno
(559) 906-7549
Listed By:
Sandy L Duncan · License #DRE #01052860
(559) 906-7549
Source:
Exitrealty
Added: Jul 18
Changed: Jul 23
Last Checked: Jul 31 at 6:06AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Realty Concepts, Ltd. - Fresno
Investment Insights
Based on property information with market context.
This fourplex features four 1-bedroom, 1-bath units arranged as two separate duplexes with detached garages. Each unit includes a living room, dining room, and kitchen, providing a straightforward, functional layout for day-to-day living.
The property is described as being within walking distance of the Tower District, offering convenient access to nearby activity.
If you’re evaluating a residential income opportunity, this asset provides multiple separate rental units within a compact duplex-and-garage configuration.
The property is described as being within walking distance of the Tower District, offering convenient access to nearby activity.
If you’re evaluating a residential income opportunity, this asset provides multiple separate rental units within a compact duplex-and-garage configuration.
Key Highlights
- 1946‑built property with four 1‑bedroom, 1‑bath units
- Units are configured as two separate duplexes
- Each unit includes a living room, dining room, and kitchen
Financial Insights For Apartment 5plus
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 | $77.3k | $21.96 |
| − Vacancy | −$3.9k | −$1.10 |
| EGI | $73.5k | $20.86 |
| − OpEx | −$33.1k | −$9.39 |
| NOI | $40.4k | $11.47 |
3,521 SF · lease $21.96/SF/yr · vacancy 5.00% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$658.8K
$576.5K – $768.6K
NOI $46,117 @ 7.0% cap · market cap 10.25%
Second Best
Apartment 5plus
$577.1K
$505.0K – $673.3K
NOI $40,400 @ 7.0% cap · market cap 8.98%
Theoretical Best
Office A
$1.04M
$907.9K – $1.21M
NOI $72,631 @ 7.0% cap · market cap 16.14%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
1,286
Businesses Nearby
Explore this area
Business Placement
Demographics for 93728, CA
16,191
Population
6,878
Households
2.4
Avg Household Size
35
Median Age
18%
College-Educated
77%
High-School Grad
3.0 sq mi
ZIP Area
5,397
Density / Sq Mi
$52,809
Median Household Income
$34,696
Median Earnings
$1,243
Median Rent
$239,700
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?
Quadplex - Four 1-bedroom, 1-bath units are configured as two separate duplexes with detached garages.
Where is this quadplex located?
The property is located at 1024 N Broadway ST Fresno, CA.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 1946‑built property with four 1‑bedroom, 1‑bath units; Units are configured as two separate duplexes; Each unit includes a living room, dining room, and kitchen
