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Three-Home Residential Income Property

2365 N Arthur Avenue Fresno, CA 93705

2365 N Arthur Avenue, Fresno, CA, 93705
$899,500
For Sale
$899,500

MULTI_FAMILY - Fresno, CA

Property Size2,472 SF
Lot Size0.18 Acres
Price / SF$363.88
Days on Market30

Property Features for 2365 N Arthur Avenue

General Information

Property type
Residential Multi Family
Property subtype
Triplex
Property condition
Under Construction
Bedrooms
6
Bathrooms
6
Rooms
Bedroom 1, Bedroom 3, Bedroom 6, Bedroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bathroom 2, Bathroom 6, Bedroom 4, Bedroom 5, Bathroom 1
Parking features
Covered, Garage
Exterior features
Stucco
Standard status
Active
APN
44405222
Size
2,472 SF
Lot size
0.18 Acres

Building Details

Year built
2026
Floors in Building
1
Number of units
3
Roof type
Tile
Listing agency Realty Concepts, Ltd. - Fresno
Listed by Mientjie Angouw
Added: Jun 23 Updated: Jul 21 at 3:25PM Checked: Jul 22 at 1:06AM
MLS# 652108

Copyright © 2026 Fresno Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

Newly constructed residential income property on one lot featuring three units: two detached single-family homes plus an ADU. Each home includes 2 bedrooms and 2 bathrooms, a living room, and a full kitchen with an eating area, along with quartz countertops, LVP flooring, a high ceiling, laundry hookups, and a private fenced yard. Owned solar is included, and washer, dryer, fridge, and faux wood blinds are included on all three units. The homes are covered by durable tile roofs and were built in 2026.

The property is located at 2365, 2367, and 2369 N. Arthur Ave in Fresno, California. All units are currently fully leased with tenants in place since June 2026.

Unit 2365 (ADU/front) offers indoor laundry, no garage, and two parking spots in front of the ADU. Unit 2367 (primary/middle) includes a 1-car garage and one parking spot on the driveway, with laundry in the garage. Unit 2369 (primary/rear) also includes a 1-car garage accessed from the alley and laundry in the garage.

Key Highlights

  • Three newly constructed units on one lot: 2365, 2367, and 2369 N. Arthur Ave, Fresno, CA 93705 (built in 2026).
  • Unit mix: two detached single‑family homes plus an ADU; each unit has 2 bedrooms and 2 bathrooms.
  • Durable tile roof and stucco exterior; owned solar included on all three units.

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 $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 (±1% cap)
NOI $32,378 @ 7.0% cap · market cap 3.60%
Second Best
Apartment 5plus
$405.2K
$354.6K – $472.7K (±1% cap)
NOI $28,364 @ 7.0% cap · market cap 3.15%
Theoretical Best
Office A
$728.5K
$637.4K – $849.9K (±1% cap)
NOI $50,992 @ 7.0% cap · market cap 5.67%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Real Estate Agency Law Firm Building Supply HVAC Service Parking Lot & Garage Skin Care Clinic Kitchen & Bath Showroom Big Box & Wholesale Store Gym & Fitness Center (Bike/Boat/Book/etc) Store

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

FAQs

What type of property is this?
Triplex - Newly constructed three-home residential income property with two detached homes and an ADU, fully leased with tenants since June 2026.
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: Three newly constructed units on one lot: 2365, 2367, and 2369 N. Arthur Ave, Fresno, CA 93705 (built in 2026).; Unit mix: two detached single‑family homes plus an ADU; each unit has 2 bedrooms and 2 bathrooms.; Durable tile roof and stucco exterior; owned solar included on all three units.
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