New Construction
For Sale
$580,000
Pending
3208 E Tulare Avenue, Visalia, CA 93292
Residential Income, Visalia, CA
Property Size1,910 SF
Lot Size0.20 Acres
Days on Market204
Property Features for 3208 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 Ave
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
Amenities
solar panels
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 15 at 12:06PM
MLS# 240610
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 is under construction with 1,910 square feet across the property and a 2026 build year. The design includes open living areas, quartz countertops, streamlined cabinetry, recessed lighting, ceiling fans, laminate and carpet flooring, and central heating and air conditioning. Each unit includes a primary suite with a private bath, while the property also offers an attached 1-car garage and a low-maintenance yard. Paid-for solar panels support the energy-efficient design.
The property sits on a 0.2-acre lot at 3208 E Tulare Avenue in Visalia, California. Public water and public sewer serve the site. Kitchen appliances include a dishwasher, disposal, and free-standing range; construction materials include stucco, with a composition roof.
The property sits on a 0.2-acre lot at 3208 E Tulare Avenue in Visalia, California. Public water and public sewer serve the site. Kitchen appliances include a dishwasher, disposal, and free-standing range; construction materials include stucco, with a composition roof.
Key Highlights
- 1,910 square feet of duplex improvements
- 0.2‑acre lot at 3208 E Tulare Avenue, Visalia, CA 93292
- 2026 construction; property condition listed as under construction
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.
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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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Cap Rate, Value Estimation, Potential NOI and more
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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 property with energy-efficient systems, paid-for solar panels, modern finishes, and an attached garage.
Where is this duplex located?
The property is located at 3208 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: 1,910 square feet of duplex improvements; 0.2‑acre lot at 3208 E Tulare Avenue, Visalia, CA 93292; 2026 construction; property condition listed as under construction
