New Construction
For Sale
$595,000
Pending
3232 E Tulare Avenue, Visalia, CA 93292
Residential Income, Visalia, CA
Property Size1,910 SF
Lot Size0.24 Acres
Days on Market346
Property Features for 3232 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
Bathroom 3, Bathroom 4, Bedroom 3, Bathroom 1, Bathroom 2, Bedroom 2, Bedroom 1, Bedroom 4
Parking features
Garage
Interior features
Ceiling Fan(s), Recessed Lighting
Appliances
Dishwasher, Disposal, Free-Standing Range
Lot features
Landscaped
Directions
From Caldwell and Lovers Lane head north Turn right on Tulare Ave.
Subdivision
Visalia NE
Standard status
Pending
APN
101013022000
Size
1,910 SF
Lot size
0.24 Acres
Taxes and HOA fees
HOA Fee
$170 Monthly
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air, Ceiling Fan(s)
Water source
Public
Amenities
solar panels
low-maintenance yard
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: Nov 4, 2025
Changed: Sep 13
Last Checked: Oct 16 at 10:06AM
MLS# 238238
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.
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Investment Insights
Based on property information with market context.
This duplex is under construction on a 0.24-acre lot and offers 1,910 square feet of building area. The interior plan features an open-concept living arrangement, quartz countertops, contemporary cabinetry, luxury vinyl flooring, carpeted bedrooms, recessed lighting, and ceiling fans. Central heating and cooling support year-round comfort, while paid-for solar panels add an energy-efficiency feature. The property also includes an attached garage, a low-maintenance yard, a composition roof, stucco construction, and public water and sewer service.
Located in Visalia near shopping, dining, and parks, the property provides a new-construction duplex format with residential income use potential. Appliances include a dishwasher, disposal, and free-standing range.
Located in Visalia near shopping, dining, and parks, the property provides a new-construction duplex format with residential income use potential. Appliances include a dishwasher, disposal, and free-standing range.
Key Highlights
- Duplex under construction with 1,910 square feet of building area
- 0.24‑acre lot in Visalia, CA
- Paid‑for solar panels and energy‑efficient systems
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,259
Cap Rate
2.90%
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 2.90%
Second Best
Apartment 5plus
$226.6K
$198.3K – $264.4K
NOI $15,861 @ 7.0% cap · market cap 2.67%
Theoretical Best
Office A
$523.2K
$457.8K – $610.4K
NOI $36,626 @ 7.0% cap · market cap 6.16%
Zoning and permitted uses should be independently verified with authorities.
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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
Check the figures for this property
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?
Duplex - Two-unit property with modern finishes, paid-for solar panels, and an attached garage.
Where is this duplex located?
The property is located at 3232 E Tulare Avenue Visalia, CA.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: Duplex under construction with 1,910 square feet of building area; 0.24‑acre lot in Visalia, CA; Paid‑for solar panels and energy‑efficient systems
