Duplex with Two Separate
For Sale
$320,000
Pending
2316 S Eunice Avenue, Fresno, CA 93706
Two residential units offer distinct bedroom and bathroom configurations.
Property Size2,096 SF
Days on Market477
Property Features for 2316 S Eunice Avenue
General Information
Standard status
Pending
Size
2,096 SF
Property subtype
Multi Family
Building Details
Year Built
1925
Listing Agency:
Markendorf and Associates
(661) 333-6146
Listed By:
Phi-Yen Markendorf · License #01930581
(661) 912-7577
Source:
Exitrealty
Added: Jun 27, 2025
Changed: Oct 13
Last Checked: Oct 12 at 5:03PM
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 Markendorf and Associates
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Investment Insights
Based on property information with market context.
This two-unit duplex contains 2,096 square feet and was built in 1925. The rear residence includes four bedrooms and two bathrooms, while the front unit provides three bedrooms and one bathroom. The property requires renovation, offering a substantial improvement project for an investor or owner-occupant.
Located at 2316 S Eunice Avenue in Fresno, the lot includes room for parking and potential outdoor improvements. Seller financing is available; details can be requested from the seller.
Located at 2316 S Eunice Avenue in Fresno, the lot includes room for parking and potential outdoor improvements. Seller financing is available; details can be requested from the seller.
Key Highlights
- Two‑unit duplex with 2,096 square feet
- Rear unit includes 4 bedrooms and 2 bathrooms
- Front unit includes 3 bedrooms and 1 bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,453
Cap Rate
8.58%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$549,060
$549.1K
Cap Rate 7%
$392,186
$392.2K
Cap Rate 9%
$305,033
$305.0K
Market Conditions
NOI Build-Up for 2,096 SF
Gross rent
$41.5K $19.80/SF
− Vacancy
−$2.3K −$1.09/SF
EGI
$39.2K $18.71/SF
− OpEx
−$11.8K −$5.61/SF
NOI
$27.5K $13.10/SF
Area
Fresno, CA
Vacancy
5.50%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$549,060
Cap Rate 7%
$392,186
Cap Rate 9%
$305,033
Alternative Uses
Best Use
Multifamily LT 5
$392.2K
$343.2K – $457.6K
NOI $27,453 @ 7.0% cap · market cap 8.58%
Second Best
Apartment 5plus
$343.6K
$300.6K – $400.8K
NOI $24,050 @ 7.0% cap · market cap 7.52%
Theoretical Best
Office A
$617.7K
$540.5K – $720.6K
NOI $43,236 @ 7.0% cap · market cap 13.51%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
258
Businesses Nearby
Explore this area
Business Placement
Demographics for 93706, CA
40,965
Population
12,239
Households
3.3
Avg Household Size
31
Median Age
9%
College-Educated
62%
High-School Grad
158.5 sq mi
ZIP Area
258
Density / Sq Mi
$40,023
Median Household Income
$28,495
Median Earnings
$1,129
Median Rent
$227,600
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Two residential units offer distinct bedroom and bathroom configurations.
Where is this duplex located?
The property is located at 2316 S Eunice Avenue Fresno, CA.
What is the asking price?
The asking price for this property is $320,000.
What are key features of this property?
This property features: Two‑unit duplex with 2,096 square feet; Rear unit includes 4 bedrooms and 2 bathrooms; Front unit includes 3 bedrooms and 1 bathroom
