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Duplex with Fenced Yards

1328 E Fedora Avenue, Fresno, CA 93704

For Sale
$299,000

Multi Family, Fresno, CA

Property Size1,376 SF
Lot Size0.34 Acres
Price / SF$217.30
Days on Market57

Property Features for 1328 E Fedora Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 3
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 1, Bathroom 1, Bathroom 2, Bedroom 2, Bedroom 3
Parking features Carport, Covered
Exterior features Stucco
High school district Fresno Unified
Directions Trave on Fwy 41 to Shields exit. Turn West on Shields, turn North on Blackstone turn West on Fedora to property.
Subdivision 704
Standard status Active
APN 43517304
Size 1,376 SF
Lot size 0.34 Acres

Additional Details

Tenant in Place Yes

Building Details

Year built 1947
Floors in Building 1
Number of units 2
Roof type Composition
Listing Agency: Century 21 Select Real Estate · Century 21 Real Estate
Listed By: Irma Soltero-Sparks
Added: Sep 15 Changed: Nov 9 Last Checked: Nov 10 at 4:06AM
MLS# 655236

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.

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Investment Insights

Based on property information with market context.

This duplex at 1328 E Fedora Avenue includes 1,376 square feet on a 0.3444-acre lot. Built in 1947, the property has stucco exterior walls, a composition roof, and covered carport parking. Each residence has its own fenced yard.

The unit at 1328 E Fedora is configured with two bedrooms and one bathroom, along with inside laundry. The residence at 1330 E Fedora provides one bedroom, one bathroom, a loft, and a fenced yard. Tenants in both units would like to remain, providing an existing occupancy consideration for a purchaser.

Key Highlights

  • Two‑unit duplex totaling 1,376 square feet
  • 0.3444‑acre lot with fenced yards for both residences
  • 1328 E Fedora: two bedrooms, one bathroom, and inside laundry

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$18,022
Cap Rate
6.03%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$360,440 $360.4K
Cap Rate 7%
$257,457 $257.5K
Cap Rate 9%
$200,244 $200.2K
Market Conditions
NOI Build-Up for 1,376 SF
Gross rent
$27.2K $19.80/SF
− Vacancy
−$1.5K −$1.09/SF
EGI
$25.7K $18.71/SF
− OpEx
−$7.7K −$5.61/SF
NOI
$18.0K $13.10/SF
Area
Fresno, CA
Vacancy
5.50%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$360,440
Cap Rate 7%
$257,457
Cap Rate 9%
$200,244

Alternative Uses

Best Use
Multifamily LT 5
$257.5K
$225.3K – $300.4K (±1% cap)
NOI $18,022 @ 7.0% cap · market cap 6.03%
Second Best
Apartment 5plus
$225.5K
$197.4K – $263.1K (±1% cap)
NOI $15,788 @ 7.0% cap · market cap 5.28%
Theoretical Best
Office A
$405.5K
$354.8K – $473.1K (±1% cap)
NOI $28,384 @ 7.0% cap · market cap 9.49%
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

1,023
Businesses Nearby

Demographics for 93704, CA

28,573
Population
12,165
Households
2.3
Avg Household Size
38
Median Age
35%
College-Educated
90%
High-School Grad
5.4 sq mi
ZIP Area
5,291
Density / Sq Mi
$69,659
Median Household Income
$45,965
Median Earnings
$1,392
Median Rent
$366,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Duplexes in Fresno, CA

$220 Jul
$235 Aug
$249 Sep
$214 Oct

Properties on Market for Duplexes in Fresno

Jul
Aug
Sep
Oct

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 distinct unit layouts include inside laundry, enclosed outdoor space, and covered carport parking.
Where is this duplex located?
The property is located at 1328 E Fedora Avenue Fresno, CA.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: Two‑unit duplex totaling 1,376 square feet; 0.3444‑acre lot with fenced yards for both residences; 1328 E Fedora: two bedrooms, one bathroom, and inside laundry
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