1250 E Vassar Avenue, Fresno, CA 93704
Three rental homes on one lot with central A/C and separate electrical meters for streamlined operations.
- Added:
- Jan 5, 2026
- Days on Market:
- 172
- Last Refresh:
- Jun 25 at 10:27 pm
Property Features for 1250 E Vassar Avenue
General Information
- Standard status
- Active
- Size
- 2,252 SF
- Lot size
- 0.14 Acres
- Property subtype
- Multi Family
Building Details
- Year Built
- 1980
Listing office HomeSmart PV and Associates (559) 274-7025
Listing date Jan 5, 2026
Source Exitrealty
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 HomeSmart PV and Associates
HighLights
- Triplex on one lot (6,250 sq ft) with three separate units on one APN
- Front duplex: two identical 2 bed/1 bath units, each approximately 672 sq ft
- Rear detached home: 3 bed/1 bath with approximately 1,184 sq ft plus a large basement
- Central A/C in all units with separate electrical meters
- Current rents: $1,200/mo (Unit A), $1,509/mo (Unit B), $1,745/mo (Rear); total $4,454/mo and $53,448 annual gross rent
- Utilities/expenses noted: water averages $110/mo and trash $197/mo
Overview
The three units are located on one APN and share a single lot. The site offers easy access to Hwy 41, and it is close to shopping, dining, and amenities along Blackstone Avenue. Showings are by appointment only and tenants should not be disturbed.
With separate utility metering and three distinct living spaces, the property can fit investors seeking manageable multi-unit income, as well as owner-occupants who may prefer residential flexibility. Current rents are reported as $1,200/month for Unit A (2Bd/1Ba), $1,509/month for Unit B (2Bd/1Ba), and $1,745/month for the rear house (3Bd/1Ba), for total gross actual rent of $4,454 per month and an annual gross rent of $53,448.
Local Financial Insights For Multifamily LT 5
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 | $44.6k | $19.80 |
| − Vacancy | −$2.5k | −$1.09 |
| EGI | $42.1k | $18.71 |
| − OpEx | −$12.6k | −$5.61 |
| NOI | $29.5k | $13.10 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Fresno
- County
- Fresno
- State
- California
- Longitude
- -119.795138
- Latitude
- 36.771086
