New Construction
For Sale
$580,000
Pending
3122 E Tulare Avenue, Visalia, CA 93292
Residential Income, Visalia, CA
Property Size1,910 SF
Lot Size0.20 Acres
Days on Market199
Property Features for 3122 E Tulare Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Property condition
Under Construction
Bedrooms
4
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 2, Bathroom 3, Bedroom 1, Bedroom 3, Bathroom 4, Bathroom 2, Bathroom 1, Bedroom 4
Parking features
Garage
Interior features
Ceiling Fan(s), Recessed Lighting
Appliances
Dishwasher, Disposal, Free-Standing Range
Lot features
Landscaped
Directions
North on Lovers Lane -right on E. Tulare
Subdivision
Visalia NE
Standard status
Pending
APN
000000000
Size
1,910 SF
Lot size
0.20 Acres
Taxes and HOA fees
HOA Fee
$170 Monthly
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Ceiling Fan(s), Central Air
Water source
Public
Building Details
Year built
2026
Floors in Building
1
Number of units
2
Flooring type
Laminate, Carpet
Building materials
Stucco
Roof type
Composition
Listing Agency:
Melson Realty, Inc.
(559) 788-2222
Listed By:
Renee Teeters
(559) 920-2089
Added: Mar 26
Changed: Sep 13
Last Checked: Oct 10 at 12:06AM
MLS# 240609
Copyright © 2026 Tulare County MLS. 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.
This duplex at 3122 E Tulare Avenue in Visalia offers 1,910 square feet on a 0.2-acre lot. The property is under construction with a 2026 year built and features contemporary interiors, including quartz countertops, updated cabinetry, recessed lighting, ceiling fans, and a combination of carpet and laminate flooring. Central heating and central air provide year-round climate control, while paid-for solar panels support the energy-efficient design.
Each residence is described with an open-concept arrangement, private primary suite, attached 1-car garage, and low-maintenance yard area. The property is served by public water and public sewer and includes stucco construction with a composition roof. Kitchen appliances include a dishwasher, disposal, and free-standing range.
Each residence is described with an open-concept arrangement, private primary suite, attached 1-car garage, and low-maintenance yard area. The property is served by public water and public sewer and includes stucco construction with a composition roof. Kitchen appliances include a dishwasher, disposal, and free-standing range.
Key Highlights
- Duplex under construction with a 2026 year built
- 1,910 square feet on a 0.2‑acre lot
- Paid‑for solar panels and energy‑efficient systems
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,259
Cap Rate
2.98%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$345,180
$345.2K
Cap Rate 7%
$246,557
$246.6K
Cap Rate 9%
$191,767
$191.8K
Market Conditions
NOI Build-Up for 1,910 SF
Gross rent
$26.4K $13.80/SF
− Vacancy
−$1.7K −$0.89/SF
EGI
$24.7K $12.91/SF
− OpEx
−$7.4K −$3.87/SF
NOI
$17.3K $9.04/SF
Area
Visalia, CA
Vacancy
6.46%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$345,180
Cap Rate 7%
$246,557
Cap Rate 9%
$191,767
Alternative Uses
Best Use
Multifamily LT 5
$246.6K
$215.7K – $287.7K
NOI $17,259 @ 7.0% cap · market cap 2.98%
Second Best
Apartment 5plus
$226.6K
$198.3K – $264.4K
NOI $15,861 @ 7.0% cap · market cap 2.73%
Theoretical Best
Office A
$523.2K
$457.8K – $610.4K
NOI $36,626 @ 7.0% cap · market cap 6.31%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
339
Businesses Nearby
Explore this area
Business Placement
Demographics for 93292, CA
43,316
Population
15,028
Households
2.9
Avg Household Size
34
Median Age
18%
College-Educated
84%
High-School Grad
114.7 sq mi
ZIP Area
378
Density / Sq Mi
$80,784
Median Household Income
$40,834
Median Earnings
$1,418
Median Rent
$330,600
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Duplex - Two-unit residential property with energy-efficient systems, modern finishes, and attached garage parking.
Where is this duplex located?
The property is located at 3122 E Tulare Avenue Visalia, CA.
What is the asking price?
The asking price for this property is $580,000.
What are key features of this property?
This property features: Duplex under construction with a 2026 year built; 1,910 square feet on a 0.2‑acre lot; Paid‑for solar panels and energy‑efficient systems
