Two-Unit Duplex with Fenced
For Sale
$299,000
1328 E Fedora Ave, Fresno, CA 93705
Both residences have fenced outdoor areas, and the two-bedroom unit includes a covered carport.
Property Size1,376 SF
Price / SF$217.30
Days on Market30
Property Features for 1328 E Fedora Ave
General Information
Standard status
Active
Size
1,376 SF
Property subtype
Residential Income
Units
Unit Mix
1 x 2BR/1BA, 1 x 1BR/1BA with loft
Multifamily Units
2
Amenities
inside laundry
fenced yard
loft
Building Details
Tenancy
Multi
Listing Agency:
Century 21 Select Real Estate
(559) 432-1221
Listed By:
Irma Soltero-Sparks
(559) 270-8331
Source:
Exprealty
Added: Sep 15
Changed: Oct 5
Last Checked: Oct 12 at 8:33PM
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 Century 21 Select Real Estate
Investment Insights
Based on property information with market context.
This duplex contains two separate residences totaling 1,376 square feet. The unit at 1328 E Fedora Ave has two bedrooms, one bathroom, inside laundry, a fenced yard, and a covered carport. The second unit, at 1330 E Fedora Ave, offers one bedroom, one bathroom, a loft, and its own fenced yard. Both tenants would like to remain.
Key Highlights
- Two residences totaling 1,376 square feet
- 1328 E Fedora Ave: 2 bedrooms, 1 bathroom, inside laundry, fenced yard, and covered carport
- 1330 E Fedora Ave: 1 bedroom, 1 bathroom, loft, and fenced yard
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
NOI $18,022 @ 7.0% cap · market cap 6.03%
Second Best
Apartment 5plus
$225.5K
$197.4K – $263.1K
NOI $15,788 @ 7.0% cap · market cap 5.28%
Theoretical Best
Office A
$405.5K
$354.8K – $473.1K
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
Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,023
Businesses Nearby
Explore this area
Business Placement
Demographics for 93705, CA
38,125
Population
13,408
Households
2.8
Avg Household Size
31
Median Age
16%
College-Educated
75%
High-School Grad
4.9 sq mi
ZIP Area
7,781
Density / Sq Mi
$55,152
Median Household Income
$35,979
Median Earnings
$1,254
Median Rent
$281,300
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Both residences have fenced outdoor areas, and the two-bedroom unit includes a covered carport.
Where is this duplex located?
The property is located at 1328 E Fedora Ave 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 residences totaling 1,376 square feet; 1328 E Fedora Ave: 2 bedrooms, 1 bathroom, inside laundry, fenced yard, and covered carport; 1330 E Fedora Ave: 1 bedroom, 1 bathroom, loft, and fenced yard
