1645 W Fountain Way, Fresno, CA 93705
MULTI_FAMILY - Fresno, CA
- Added:
- Mar 10, 2026
- Days on Market:
- 93
- Last Refresh:
- Jun 10 at 11:06 pm
Property Features for 1645 W Fountain Way
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 5
- Bathrooms
- 3
- Rooms
- Bedroom 3, Bedroom 5, Bathroom 1, Bedroom 4, Bedroom 1, Bathroom 3, Bedroom 2, Bathroom 2
- Parking features
- Carport
- Exterior features
- Stucco
- Standard status
- Active
- APN
- 43335101
- Size
- 1,838 SF
- Lot size
- 0.17 Acres
Building Details
- Year built
- 1947
- Floors in Building
- 1
- Number of units
- 2
- Roof type
- Composition
Listing agent Rudy Alderette (559) 916-8617
Listing office All State Homes 770 E Shaw Ave #128, Fresno, CA (559) 475-0583
Listing date Mar 10, 2026
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.
HighLights
- Corner‑lot property built in 1947 with stucco exterior and composition roof
- Main residence: 3 bedrooms and 2 bathrooms, renovated with modern finishes
- Fully renovated ADU with 2 bedrooms and 1 bathroom, plus washer and dryer hookups
- ADU includes a new kitchen with open dining and living area
- On‑site parking includes a carport
Overview
The listing is located at 1645 W Fountain Way in Fresno, CA 93705. The property sits on a corner lot, which can provide practical site flexibility compared with interior parcels.
The ADU includes washer and dryer hookups, adding convenience for everyday use and tenant-readiness. With two independent bedroom-and-bath configurations already in place, the layout supports a range of owner-occupant and investor scenarios, including rental income, guest accommodations, or housing for family members who want more separation while remaining on one site.
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 | $36.4k | $19.80 |
| − Vacancy | −$2.0k | −$1.09 |
| EGI | $34.4k | $18.71 |
| − OpEx | −$10.3k | −$5.61 |
| NOI | $24.1k | $13.10 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Fresno
- County
- Fresno
- State
- California
- Longitude
- -119.830805
- Latitude
- 36.780835
