Duplex Income Property

2104 Mayfair W Drive Fresno, CA 93703

Claim this Listing
For Sale
$398,000

Two-unit duplex with one remodeled unit, offering a practical setup for rental housing ownership.

Type:Multi Family
Property size:
1,575 SF
Price / SF:
$252/SF
Added:
Jun 12, 2026
Days on Market:
31
Last Refresh:
Jul 1 at 4:22 am

Property Features for 2104 Mayfair W Drive

General Information

Standard status
Active
Size
1,575 SF
Property subtype
Multi Family

Building Details

Year Built
1951

Listing office London Properties, Ltd.

Listing date Jun 12, 2026

Source Exitrealty

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 London Properties, Ltd.


Investment Insights

Based on property information with market context.

This duplex includes two separate units. Unit 2104 features 2 bedrooms and 1 bathroom. Unit 2106 features 1 bedroom and 1 bathroom and was remodeled approximately three years ago.

The property is located at 2104 Mayfair W Drive in Fresno, CA 93703. It is configured as a duplex, with each unit operating independently within the overall building.

For investors or owner-occupants looking for rental housing, the split-bedroom mix can support a range of tenant needs. With one unit recently remodeled, the duplex may offer a more updated living option while maintaining the efficiency of a two-unit residential income property structure.

Key Highlights

  • Duplex built in 1951 with two separate units
  • Unit 2104 includes 2 bedrooms and 1 bathroom
  • Unit 2106 includes 1 bedroom and 1 bathroom

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 $31.2k $19.80
− Vacancy −$1.7k −$1.09
EGI $29.5k $18.71
− OpEx −$8.8k −$5.61
NOI $20.6k $13.10
1,575 SF · lease $19.80/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$294.7K
$257.9K – $343.8K (±1% cap)
NOI $20,629 @ 7.0% cap · market cap 5.18%
Second Best
Apartment 5plus
$258.2K
$225.9K – $301.2K (±1% cap)
NOI $18,072 @ 7.0% cap · market cap 4.54%
Theoretical Best
Office A
$464.1K
$406.1K – $541.5K (±1% cap)
NOI $32,489 @ 7.0% cap · market cap 8.16%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Law Firm Skin Care Clinic (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Acupuncture Plumbing Service Tech Support Center Locksmith Travel Agency

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

FAQs

What type of property is this?
Duplex - Two-unit duplex with one remodeled unit, offering a practical setup for rental housing ownership.
Where is this duplex located?
The property is located at 2104 Mayfair W Drive Fresno, CA.
What is the asking price?
The asking price for this property is $398,000.
What are key features of this property?
This property features: Duplex built in 1951 with two separate units; Unit 2104 includes 2 bedrooms and 1 bathroom; Unit 2106 includes 1 bedroom and 1 bathroom
Contact an agent
More about this property
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