Multi-Family Apartment with Central
217 East Tuolumne Street Fresno, CA 93706
217 East Tuolumne Street, Fresno, CA, 93706
$750,000
For Sale
$750,000
Inviting multi-family apartment with shared courtyard and on-site laundry.
Property Size3,367 SF
Price / SF$222.75
Days on Market127
Property Features for 217 East Tuolumne Street
General Information
- Standard status
- Active
- Size
- 3,367 SF
- Property subtype
- Multi Family / 5 to 15 Units
Building Details
- Year Built
- 1959
Listing Agency
Realty Unlimited Group
(559) 283-9850
Listed by
Amanda Santana · License #01939176
(559) 283-9850
Source
Compass
Added: Mar 13 Checked: Jul 16 at 6:56 am
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 Realty Unlimited Group
Investment Insights
Based on property information with market context.
This multi-family apartment community features a central shared courtyard, creating a neighbor-friendly atmosphere. The courtyard provides fresh air and natural light. On-site laundry facilities are available for residents. Covered parking is located at the rear of the property. The property is suitable for renters seeking a comfortable place to live or investors looking for an easy-to-maintain property. The property size is 3367 square feet.
Key Highlights
- Central shared courtyard promotes community and provides natural light.
- On‑site laundry room offers convenience for residents.
- Covered rear parking protects vehicles from the elements.
Local Financial Insights For Apartment 5plus
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 | $73.9k | $21.96 |
| − Vacancy | −$3.7k | −$1.10 |
| EGI | $70.2k | $20.86 |
| − OpEx | −$31.6k | −$9.39 |
| NOI | $38.6k | $11.47 |
3,367 SF · lease $21.96/SF/yr · vacancy 5.00% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$551.9K
$482.9K – $643.9K
NOI $38,633 @ 7.0% cap · market cap 5.15%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$992.2K
$868.2K – $1.16M
NOI $69,454 @ 7.0% cap · market cap 9.26%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Apartment building - Inviting multi-family apartment with shared courtyard and on-site laundry.
Where is this apartment building located?
The property is located at 217 East Tuolumne Street Fresno, CA.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Central shared courtyard promotes community and provides natural light.; On‑site laundry room offers convenience for residents.; Covered rear parking protects vehicles from the elements.
