129 N Park Avenue, Fresno, CA 93701
MULTI_FAMILY - Fresno, CA
- Added:
- May 6, 2026
- Days on Market:
- 50
- Last Refresh:
- Jun 24 at 12:06 am
Property Features for 129 N Park Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- RS5
- Fencing
- Fenced
- Standard status
- Active
- APN
- 45931210
- Size
- 2,200 SF
- Lot size
- 0.15 Acres
Utilities
- Sewer type
- Public Sewer
- Water source
- Public
Building Details
- Floors in Building
- 1
- Roof type
- Composition
Listing agent Marie Meza License #01772801 (559) 246-4905
Listing office eXp Realty of Greater Los Angeles, Inc. 303 N Glenoaks Blvd., Ste. 200, Burbank, CA (888) 652-1314
Listing date May 6, 2026
Copyright © 2026 Kings County Board 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.
HighLights
- Triplex property with strong income potential
- Detached front home with 3 bedrooms and 1 bathroom (approx. 1,320 sf)
- Two additional 1‑bedroom, 1‑bathroom units (approx. 440 sf each)
- Convenient access to Downtown Fresno, Hwy 99, and Fresno City College
- Separate yard spaces for each unit
- Located in an established rental market with continued demand
Overview
The property is located at 129 N Park Avenue in Fresno, CA 93701, in RS5 zoning. The front home and back units are arranged with multiple private yard spaces, supporting separate outdoor areas for each unit. Public remarks also note convenient access to Downtown Fresno, Highway 99, and Fresno City College.
For investors or owner-occupants seeking rental income from a small multi-family structure, the layout provides three separate units with distinct configurations. Each unit’s basic bedroom/bath count offers tenant flexibility, while the separate yard spaces can be a practical amenity for day-to-day living. This property may fit portfolios looking for a manageable income property in an established Fresno rental market.
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 | $43.6k | $19.80 |
| − Vacancy | −$2.4k | −$1.09 |
| EGI | $41.2k | $18.71 |
| − OpEx | −$12.3k | −$5.61 |
| NOI | $28.8k | $13.10 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Fresno
- County
- Fresno
- State
- California
- Longitude
- -119.797187
- Latitude
- 36.744627
