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Two-Home Duplex Property
For Sale
$385,000

1124 S 1st Avenue, Dinuba, CA 93618

Residential Income, Dinuba, CA

Property Size1,562 SF
Lot Size0.25 Acres
Price / SF$246.48
Days on Market140

Property Features for 1124 S 1st Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 5
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 1, Bathroom 1, Bathroom 2, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
Directions From Crawford ave head west onto E Golden way turn right onto 1st ave property is on the left
Subdivision Dinuba
Standard status Active
APN 018123019000
Size 1,562 SF
Lot size 0.25 Acres

Additional Details

Tenant in Place Yes

Utilities

Sewer type Public Sewer
Water source Public

Building Details

Year built 1907
Floors in Building 1
Number of units 2
Buildings 2
Listing Agency: Century 21 Select Real Estate · Century 21 Real Estate
Listed By: Elisa G Bahena
Added: Jun 12 Changed: Oct 25 Last Checked: Oct 29 at 1:06PM
MLS# 242297

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.

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Investment Insights

Based on property information with market context.

This duplex property includes two separate homes totaling 1,562 square feet on a 0.25-acre lot. The residences provide complementary layouts: one has two bedrooms and one bathroom, while the other offers three bedrooms and one bathroom. Each home has its own driveway, creating distinct access for the residences.

Constructed in 1907, the property is served by public water and public sewer. Located at 1124 S 1st Avenue in Dinuba, California, the offering is being sold as-is. Tenant privacy is requested during property visits.

Key Highlights

  • Two separate homes situated on one 0.25‑acre lot
  • Combined property size of 1,562 square feet
  • One residence has 2 bedrooms and 1 bathroom

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$14,114
Cap Rate
3.67%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$282,280 $282.3K
Cap Rate 7%
$201,629 $201.6K
Cap Rate 9%
$156,822 $156.8K
Market Conditions
NOI Build-Up for 1,562 SF
Gross rent
$21.6K $13.80/SF
− Vacancy
−$1.4K −$0.89/SF
EGI
$20.2K $12.91/SF
− OpEx
−$6.0K −$3.87/SF
NOI
$14.1K $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 Rate 5%
$282,280
Cap Rate 7%
$201,629
Cap Rate 9%
$156,822

Alternative Uses

Best Use
Multifamily LT 5
$201.6K
$176.4K – $235.2K (±1% cap)
NOI $14,114 @ 7.0% cap · market cap 3.67%
Second Best
Apartment 5plus
$185.3K
$162.1K – $216.2K (±1% cap)
NOI $12,971 @ 7.0% cap · market cap 3.37%
Theoretical Best
Specialty Retail
$474.5K
$415.2K – $553.5K (±1% cap)
NOI $33,212 @ 7.0% cap · market cap 8.63%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

430
Businesses Nearby

Demographics for 93618, CA

30,709
Population
9,040
Households
3.4
Avg Household Size
30
Median Age
14%
College-Educated
71%
High-School Grad
66.9 sq mi
ZIP Area
459
Density / Sq Mi
$63,190
Median Household Income
$31,976
Median Earnings
$1,125
Median Rent
$272,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two residences occupy one lot, with separate driveways and a two-bedroom and three-bedroom layout.
Where is this duplex located?
The property is located at 1124 S 1st Avenue Dinuba, CA.
What is the asking price?
The asking price for this property is $385,000.
What are key features of this property?
This property features: Two separate homes situated on one 0.25‑acre lot; Combined property size of 1,562 square feet; One residence has 2 bedrooms and 1 bathroom
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