Income-Generating Duplex
2305 E Shields Ave Fresno, CA 93726
2305 E Shields Ave, Fresno, CA, 93726
$349,900
For Sale
$349,900
Duplex with multiple residential units and on-site parking, offered for sale in Fresno, CA.
Property Size1,968 SF
Price / SF$177.79
Days on Market80
Property Features for 2305 E Shields Ave
General Information
- Standard status
- Active
- Size
- 1,968 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1954
Listing agency
eXp Realty of Greater Los Angeles, Inc
(408) 710-6337
Listed by
Jayra Villa · License #02046217
(408) 710-6337
Source
Exitrealty
Added: May 3 Updated: Jul 21 at 1:43PM Checked: Jul 21 at 1:43PM
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 eXp Realty of Greater Los Angeles, Inc
Investment Insights
Based on property information with market context.
This duplex offers a residential income setup with multiple units designed around functional, comfortable living spaces. The property is presented as a versatile option for both investors and owner-occupants seeking rental income to help offset housing costs.
The offering includes ample parking and easy access to shopping and dining. The property is located at 2305 E Shields Ave, Fresno, CA 93726.
With a compact duplex configuration and straightforward residential layout, this property is positioned for buyers looking for an income-producing multifamily asset.
The offering includes ample parking and easy access to shopping and dining. The property is located at 2305 E Shields Ave, Fresno, CA 93726.
With a compact duplex configuration and straightforward residential layout, this property is positioned for buyers looking for an income-producing multifamily asset.
Key Highlights
- Duplex investment property with multiple residential units in Fresno, CA
- Year built: 1954
- Each unit offers functional layouts with comfortable living spaces
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 | $34.2k | $17.40 |
| − Vacancy | −$1.8k | −$0.90 |
| EGI | $32.5k | $16.50 |
| − OpEx | −$9.7k | −$4.95 |
| NOI | $22.7k | $11.55 |
1,968 SF · lease $17.40/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$324.6K
$284.1K – $378.7K
NOI $22,724 @ 7.0% cap · market cap 6.49%
Second Best
Apartment 5plus
$299.7K
$262.2K – $349.6K
NOI $20,977 @ 7.0% cap · market cap 6.00%
Theoretical Best
Office A
$408.1K
$357.1K – $476.1K
NOI $28,566 @ 7.0% cap · market cap 8.16%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Duplex with multiple residential units and on-site parking, offered for sale in Fresno, CA.
Where is this duplex located?
The property is located at 2305 E Shields Ave Fresno, CA.
What is the asking price?
The asking price for this property is $349,900.
What are key features of this property?
This property features: Duplex investment property with multiple residential units in Fresno, CA; Year built: 1954; Each unit offers functional layouts with comfortable living spaces
