Fourplex With One-Bedroom
For Sale
$675,000
2701 N Wishon Avenue, Fresno, CA 93704
Four residential units offer practical one-bedroom, one-bathroom layouts along a main street with access to transit and neighborhood services.
Property Size2,448 SF
Price / SF$275.74
Days on Market140
Property Features for 2701 N Wishon Avenue
General Information
Standard status
Active
Size
2,448 SF
Property subtype
Residential Income
Site & Location
Neighborhood
Fresno High-Roeding
Road Access
Yes
Building Details
Buildings
1
Tenancy
Multi
Listing Agency:
Fresno Income Properties
(559) 438-9410
Listed By:
Paul Gestic · License #01376488
(559) 903-2255
Source:
Exprealty
Added: Jun 17
Changed: Oct 26
Last Checked: Nov 1 at 7:35AM
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 Fresno Income Properties
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Investment Insights
Based on property information with market context.
This fourplex at 2701 N Wishon Avenue in Fresno contains four one-bedroom, one-bathroom units within a 2,448-square-foot building. The property features a classic exterior with clean lines, ample natural light, and functional layouts designed for practical everyday use.
The building is positioned on Wishon Avenue, a main street with visibility and straightforward resident access. The location provides access to major corridors, public transportation, and neighborhood services. Each unit follows the same one-bedroom, one-bathroom configuration, offering a consistent layout across the property.
The building is positioned on Wishon Avenue, a main street with visibility and straightforward resident access. The location provides access to major corridors, public transportation, and neighborhood services. Each unit follows the same one-bedroom, one-bathroom configuration, offering a consistent layout across the property.
Key Highlights
- Four one‑bedroom, one‑bathroom residential units
- 2,448‑square‑foot fourplex building
- Located at 2701 N Wishon Avenue in Fresno, CA 93704
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,063
Cap Rate
4.75%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$641,260
$641.3K
Cap Rate 7%
$458,043
$458.0K
Cap Rate 9%
$356,256
$356.3K
Market Conditions
NOI Build-Up for 2,448 SF
Gross rent
$48.5K $19.80/SF
− Vacancy
−$2.7K −$1.09/SF
EGI
$45.8K $18.71/SF
− OpEx
−$13.7K −$5.61/SF
NOI
$32.1K $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%
$641,260
Cap Rate 7%
$458,043
Cap Rate 9%
$356,256
Alternative Uses
Best Use
Multifamily LT 5
$458.0K
$400.8K – $534.4K
NOI $32,063 @ 7.0% cap · market cap 4.75%
Second Best
Apartment 5plus
$401.3K
$351.1K – $468.2K
NOI $28,089 @ 7.0% cap · market cap 4.16%
Theoretical Best
Office A
$721.4K
$631.2K – $841.6K
NOI $50,497 @ 7.0% cap · market cap 7.48%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Lease Details
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
696
Businesses Nearby
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Business Placement
Demographics for 93704, CA
28,573
Population
12,165
Households
2.3
Avg Household Size
38
Median Age
35%
College-Educated
90%
High-School Grad
5.4 sq mi
ZIP Area
5,291
Density / Sq Mi
$69,659
Median Household Income
$45,965
Median Earnings
$1,392
Median Rent
$366,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Quadplex - Four residential units offer practical one-bedroom, one-bathroom layouts along a main street with access to transit and neighborhood services.
Where is this quadplex located?
The property is located at 2701 N Wishon Avenue Fresno, CA.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: Four one‑bedroom, one‑bathroom residential units; 2,448‑square‑foot fourplex building; Located at 2701 N Wishon Avenue in Fresno, CA 93704
