Three-Unit Residential Income
2365 N Arthur Avenue Fresno, CA 93705
New
For Sale
$899,500
Newly constructed triplex with two detached homes and an ADU, all leased with private yards and in-unit laundry hookups.
Property Size2,472 SF
Price / SF$363.88
Days on Market7
Property Features for 2365 N Arthur Avenue
General Information
Standard status
Active
Size
2,472 SF
Property subtype
Multi Family
Building Details
Year Built
2026
Listing Agency:
Realty Concepts, Ltd. - Fresno
(559) 797-2411
Listed By:
Ming Ming Wikanta Angouw · License #DRE #01885307
(559) 797-2411
Source:
Exitrealty
Added: Jul 23
Changed: Jul 26
Last Checked: Jul 29 at 6:23AM
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 Concepts, Ltd. - Fresno
Investment Insights
Based on property information with market context.
This newly constructed residential income property consists of three homes on one lot, including two detached single-family homes plus an ADU. Each unit features two bedrooms and two bathrooms, along with a living room and a full kitchen with an eating area. Interiors include quartz countertops and LVP flooring, and residents will have laundry hookups, along with private fenced yards.
The property also includes owned solar systems, and washer, dryer, refrigerator, and faux wood blinds are included for all three units. Durable tile roofs are installed across the residences.
Unit 2365 N. Arthur Ave is an ADU/front unit with its own indoor laundry closet and two parking spots in front of the ADU, with no garage. Units 2367 N. Arthur Ave and 2369 N. Arthur Ave each include a 1-car garage and laundry in the garage, with additional driveway parking described for 2367. The property is fully leased with tenants in place since June 2026.
The property also includes owned solar systems, and washer, dryer, refrigerator, and faux wood blinds are included for all three units. Durable tile roofs are installed across the residences.
Unit 2365 N. Arthur Ave is an ADU/front unit with its own indoor laundry closet and two parking spots in front of the ADU, with no garage. Units 2367 N. Arthur Ave and 2369 N. Arthur Ave each include a 1-car garage and laundry in the garage, with additional driveway parking described for 2367. The property is fully leased with tenants in place since June 2026.
Key Highlights
- Brand‑new 3‑unit property built in 2026 by Gary McDonald Homes (2365, 2367, & 2369 N. Arthur Ave, Fresno CA 93705)
- Two detached single‑family homes plus an ADU; each unit has 2 bed/2 bath with a living room and full kitchen
- Quarts countertops, LVP flooring, high ceilings, and private fenced yards included across all units
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 | $48.9k | $19.80 |
| − Vacancy | −$2.7k | −$1.09 |
| EGI | $46.3k | $18.71 |
| − OpEx | −$13.9k | −$5.61 |
| NOI | $32.4k | $13.10 |
2,472 SF · lease $19.80/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$462.5K
$404.7K – $539.6K
NOI $32,378 @ 7.0% cap · market cap 3.60%
Second Best
Apartment 5plus
$405.2K
$354.6K – $472.7K
NOI $28,364 @ 7.0% cap · market cap 3.15%
Theoretical Best
Office A
$728.5K
$637.4K – $849.9K
NOI $50,992 @ 7.0% cap · market cap 5.67%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Triplex - Newly constructed triplex with two detached homes and an ADU, all leased with private yards and in-unit laundry hookups.
Where is this triplex located?
The property is located at 2365 N Arthur Avenue Fresno, CA.
What is the asking price?
The asking price for this property is $899,500.
What are key features of this property?
This property features: Brand‑new 3‑unit property built in 2026 by Gary McDonald Homes (2365, 2367, & 2369 N. Arthur Ave, Fresno CA 93705); Two detached single‑family homes plus an ADU; each unit has 2 bed/2 bath with a living room and full kitchen; Quarts countertops, LVP flooring, high ceilings, and private fenced yards included across all units
