Quadplex with Detached
1024 N Broadway Fresno, CA 93728
New
1024 N Broadway, Fresno, CA, 93728
$450,000
For Sale
$450,000
MULTI_FAMILY - Fresno, CA
Property Size3,521 SF
Lot Size0.28 Acres
Price / SF$127.80
Days on Market2
Property Features for 1024 N Broadway
General Information
- Property type
- Residential Multi Family
- Property subtype
- Quadruplex
- Bedrooms
- 4
- Bathrooms
- 4
- Rooms
- Bedroom 4, Bedroom 1, Bathroom 4, Bathroom 3, Bathroom 2, Bathroom 1, Bedroom 3, Bedroom 2
- Exterior features
- Stucco, Wood
- Standard status
- Active
- APN
- 45203218
- Size
- 3,521 SF
- Lot size
- 0.28 Acres
Building Details
- Year built
- 1946
- Floors in Building
- 1
- Number of units
- 4
- Roof type
- Composition
Listing Agency
Realty Concepts, Ltd. - Fresno
(559) 490-1500
575 E Alluvial Ste. 101, Fresno, CA
Listed by
Sandy Duncan
(559) 490-1500
Added: Jul 17 Checked: Jul 18 at 10:06 pm
MLS# 652248
Listing URL
Copyright © 2026 Fresno Association 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 quadplex offers four 1-bedroom, 1-bath units configured as two separate duplexes with detached garages. Each unit includes a living room, dining room, and kitchen, providing a straightforward layout for everyday living.
The property is located at 1024 N Broadway in Fresno, CA 93728. Public remarks note it is within walking distance of the lively Tower District.
With a total building size of 3,521 square feet on a 0.2755-acre lot, the property presents a residential income setup featuring detached garage parking and consistent unit interiors across all four homes.
The property is located at 1024 N Broadway in Fresno, CA 93728. Public remarks note it is within walking distance of the lively Tower District.
With a total building size of 3,521 square feet on a 0.2755-acre lot, the property presents a residential income setup featuring detached garage parking and consistent unit interiors across all four homes.
Key Highlights
- 2 separate duplexes offering four 1‑bedroom, 1‑bath units
- Each unit includes a living room, dining room, and kitchen
- Detached garage included with the property
Local 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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Quadplex - Four 1-bedroom, 1-bath units arranged as two separate duplexes with detached garages.
Where is this quadplex located?
The property is located at 1024 N Broadway 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: 2 separate duplexes offering four 1‑bedroom, 1‑bath units; Each unit includes a living room, dining room, and kitchen; Detached garage included with the property
