Six-Unit Townhouse-Style Apartment
For Sale
$990,000
1221 N Peach Avenue 142, Fresno, CA 93727
Two-story residences include private patios, fireplaces, and indoor laundry hookups.
Property Size7,068 SF
Price / SF$140.07
Days on Market247
Property Features for 1221 N Peach Avenue 142
General Information
Standard status
Active
Size
7,068 SF
Property subtype
Multi Family
Units
Unit Mix
6 x 2BR/1.5BA
Multifamily Units
6
Additional Details
Highway Access
Yes
Amenities
fireplace
indoor laundry hookups
private patio
Building Details
Year Built
1979
Buildings
1
Listing Agency:
Real Estate Boulevard
(559) 478-5333
Listed By:
Nicolas Madrigal Madrigal · License #02156901
(559) 270-0554
Source:
Exitrealty
Added: Feb 11
Changed: Sep 2
Last Checked: Sep 15 at 5:43AM
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 Real Estate Boulevard
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The property comprises six townhouse-style condo units within a single apartment building at 1221 N Peach Avenue 142. Built in 1979, the 7,068-square-foot building offers a consistent residential configuration across the units. Each residence is arranged over two stories with 2 bedrooms, 1.5 bathrooms, a living room with fireplace, dining space, kitchen, indoor laundry hookups, and a private patio.
The property is located in the Peachwood Village community near Fresno Yosemite International Airport, major freeways, shopping, schools, and employment centers. The offering is available as a bulk sale only, providing one transaction for the entire six-unit building.
The property is located in the Peachwood Village community near Fresno Yosemite International Airport, major freeways, shopping, schools, and employment centers. The offering is available as a bulk sale only, providing one transaction for the entire six-unit building.
Key Highlights
- Six townhouse‑style condo units in one building
- 7,068‑square‑foot apartment building built in 1979
- Each unit includes 2 bedrooms and 1.5 bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$75,893
Cap Rate
7.67%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,517,860
$1.5M
Cap Rate 7%
$1,084,186
$1.1M
Cap Rate 9%
$843,256
$843.3K
Market Conditions
NOI Build-Up for 7,068 SF
Gross rent
$144.2K $20.40/SF
− Vacancy
−$6.2K −$0.88/SF
EGI
$138.0K $19.52/SF
− OpEx
−$62.1K −$8.79/SF
NOI
$75.9K $10.74/SF
Area
ZIP 93727
Vacancy
4.30%
Lease Rate
$20.40 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,517,860
Cap Rate 7%
$1,084,186
Cap Rate 9%
$843,256
Alternative Uses
Best Use
Apartment 5plus
$1.08M
$948.7K – $1.26M
NOI $75,893 @ 7.0% cap · market cap 7.67%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.00M
$1.75M – $2.34M
NOI $140,227 @ 7.0% cap · market cap 14.16%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
6
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
315
Businesses Nearby
Explore this area
Business Placement
Demographics for 93727, CA
83,212
Population
25,919
Households
3.2
Avg Household Size
31
Median Age
24%
College-Educated
84%
High-School Grad
22.0 sq mi
ZIP Area
3,782
Density / Sq Mi
$82,247
Median Household Income
$42,002
Median Earnings
$1,277
Median Rent
$370,300
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
Frequently Asked Questions
What type of property is this?
Apartment building - Two-story residences include private patios, fireplaces, and indoor laundry hookups.
Where is this apartment building located?
The property is located at 1221 N Peach Avenue 142 Fresno, CA.
What is the asking price?
The asking price for this property is $990,000.
What are key features of this property?
This property features: Six townhouse‑style condo units in one building; 7,068‑square‑foot apartment building built in 1979; Each unit includes 2 bedrooms and 1.5 bathrooms
