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Income Duplex With Updated Interiors

2901 E Olive Avenue Fresno, CA 93701

2901 E Olive Avenue, Fresno, CA, 93701

$319,900

For Sale

$319,900

Two-unit duplex built in 1928, with updated kitchens and LVP flooring in both units.

Property Size1,480 SF

Price / SF$216.15

AddedMay 2

Days on Market74

Last RefreshJul 10 at 3:22 am

Property Features for 2901 E Olive Avenue

General Information

Standard status: Active
Size: 1,480 SF
Property subtype: Multi Family

Building Details

Year Built: 1928

Listing office eXp Realty of Greater Los Ange

Listing date May 2, 2026

Source Exitrealty

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 Ange

Investment Insights

Based on property information with market context.

This 1928 duplex offers two separate residences on one property. Unit A is a 2-bedroom, 1-bath layout featuring an updated kitchen with granite counters and LVP flooring throughout. Unit B is a 1-bedroom, 1-bath unit with an updated kitchen that also includes granite counters, plus granite counters in the bath, along with LVP and tile flooring.

The property includes a spacious lot and garage space, and it is located conveniently near major roads and nearby shopping and local amenities.

With two independently arranged units, the property provides an income-producing residential setup suitable for both investors and owner-occupants.

Key Highlights

Duplex built in 1928 offering two units with approximately 1,480 sq ft combined living space
Unit A: 2 bed / 1 bath with updated kitchen featuring granite counters and LVP throughout
Unit B: 1 bed / 1 bath with updated kitchen featuring granite counters, plus granite counters in the bath

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$29.3k	$19.80
− Vacancy	−$1.6k	−$1.09
EGI	$27.7k	$18.71
− OpEx	−$8.3k	−$5.61
NOI	$19.4k	$13.10

1,480 SF · lease $19.80/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use

Multifamily LT 5

$276.9K

$242.3K – $323.1K (±1% cap)

NOI $19,385 @ 7.0% cap · market cap 6.06%

Second Best

Apartment 5plus

$242.6K

$212.3K – $283.0K (±1% cap)

NOI $16,982 @ 7.0% cap · market cap 5.31%

Theoretical Best

Office A

$436.1K

$381.6K – $508.8K (±1% cap)

NOI $30,529 @ 7.0% cap · market cap 9.54%

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

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Sun Drops Solar ... Solar Energy Company

Suggested Use

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For sale
Duplexes
CA
Fresno
93701
2901 E Olive Avenue

What type of property is this?

Duplex - Two-unit duplex built in 1928, with updated kitchens and LVP flooring in both units.

Where is this duplex located?

The property is located at 2901 E Olive Avenue Fresno, CA.

What is the asking price?

The asking price for this property is $319,900.

What are key features of this property?

This property features: Duplex built in 1928 offering two units with approximately 1,480 sq ft combined living space; Unit A: 2 bed / 1 bath with updated kitchen featuring granite counters and LVP throughout; Unit B: 1 bed / 1 bath with updated kitchen featuring granite counters, plus granite counters in the bath