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Triplex with In-Place Income

1361 N Archie Avenue Fresno, CA 93703

1361 N Archie Avenue, Fresno, CA, 93703
$544,900
For Sale
Claim this Listing
$544,900

MULTI_FAMILY - Fresno, CA

Property Size2,732 SF
Lot Size0.17 Acres
Price / SF$199.45
AddedApr 29
Days on Market78
Last RefreshJul 15 at 7:06 am

Property Features for 1361 N Archie Avenue

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
RM1
Parking features
Garage
Standard status
Active
APN
45322125
Size
2,732 SF
Lot size
0.17 Acres

Utilities

Heating system
Central
Water source
Public

Building Details

Floors in Building
2
Flooring type
Laminate
Roof type
Composition

Listing agent Marie Meza License #01772801

Listing office eXp Realty of Greater Los Angeles, Inc. 303 N Glenoaks Blvd., Ste. 200, Burbank, CA

Listing date Apr 29, 2026

MLS# 234087 Listing URL

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.


Investment Insights

Based on property information with market context.

Located at 1361 N Archie Avenue in Fresno, this well-maintained two-story triplex includes three occupied units. The property is presented as fully occupied, with a unit mix that features two fully updated units and one long-term tenant with approximately 10 years of residency. Each unit includes HVAC and garage space.

The property is zoned RM1 and has been maintained with minimal deferred maintenance based on the provided remarks.

This is a straightforward residential income asset configured as a three-unit building, with in-unit HVAC and garage amenities intended to support long-term occupancy.

Key Highlights

  • Fully occupied 3‑unit triplex in a well‑maintained 2‑story building
  • Unit mix includes two fully updated units and one long‑term tenant (approx. 10 years)
  • Each unit includes HVAC and garage space

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 $54.1k $19.80
− Vacancy −$3.0k −$1.09
EGI $51.1k $18.71
− OpEx −$15.3k −$5.61
NOI $35.8k $13.10
2,732 SF · lease $19.80/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$511.2K
$447.3K – $596.4K (±1% cap)
NOI $35,783 @ 7.0% cap · market cap 6.57%
Second Best
Apartment 5plus
$447.8K
$391.8K – $522.5K (±1% cap)
NOI $31,347 @ 7.0% cap · market cap 5.75%
Theoretical Best
Office A
$805.1K
$704.5K – $939.3K (±1% cap)
NOI $56,356 @ 7.0% cap · market cap 10.34%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Real Estate Agency Law Firm Dental Office Skin Care Clinic (Bike/Boat/Book/etc) Store Daycare Center (Bike/Boat/Book/etc) Store Storage Facility Travel Agency Cafe & Coffee Shop

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Triplex - Well-maintained two-story triplex with three occupied units, each offering HVAC and garage space.
Where is this triplex located?
The property is located at 1361 N Archie Avenue Fresno, CA.
What is the asking price?
The asking price for this property is $544,900.
What are key features of this property?
This property features: Fully occupied 3‑unit triplex in a well‑maintained 2‑story building; Unit mix includes two fully updated units and one long‑term tenant (approx. 10 years); Each unit includes HVAC and garage space
Contact an agent
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