Updated Triplex in Central
329 N Diana, Fresno, CA 93701
Triplex - Fresno, CA
Type:Triplex
Property size:
2,076 SFLot size:
4,875.00 AcresPrice / SF:
$221/SF- Added:
- Feb 19, 2026
- Days on Market:
- 103
- Last Refresh:
- Jun 2 at 3:06 am
Property Features for 329 N Diana
General Information
- Property type
- Residential Multi Family
- Property subtype
- Triplex
- Bedrooms
- 6
- Bathrooms
- 3
- Rooms
- Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
- Exterior features
- Community Features Included: Valley, 0-1 Unit/Acre
- Appliances
- Microwave, Range
- Standard status
- Active
- APN
- 45916312
- Size
- 2,076 SF
- Lot size
- 4,875.00 Acres
Utilities
- Heating system
- Central
- Cooling system
- Central Air
Building Details
- Year built
- 1981
- Floors in Building
- 2
- Number of units
- 3
- Flooring type
- Laminate
- Architectural style
- Other
Listing agent Kunal Sethi License #01351160 (818) 400-9292
Listing office Sync Brokerage, Inc. 17404 Ventura Blvd., Woodland Hills, CA (818) 201-2216
Listing date Feb 19, 2026
MLS# SR26038048
Listing URL
Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Remodeled in 2023 with durable, modern finishes, including vinyl flooring, updated bathrooms, and stainless steel appliances, designed for long‑term tenant appeal.
- Newer roof installed in 2025, ensuring reduced maintenance costs and long‑term property value.
- Prime location minutes from Downtown Fresno and Community Regional Medical Center, offering proximity to major employment and transportation.
- Each unit features in‑unit laundry, providing a highly desirable amenity for tenants.
- Separately metered utilities streamline management and help control operating expenses.
- Ample parking in both the front and rear, a valuable amenity in a central location.
Overview
Located in a central Fresno rental corridor, the triplex at 329 N. Diana Street presents a strong investment opportunity. Constructed in 1981 and remodeled in 2023, the property features interior improvements that created modern living spaces. Each of the three units includes updated finishes such as vinyl flooring, updated bathrooms, stainless steel appliances, and open-concept floor plans with natural light. In-unit laundry adds convenience for tenants. The unit mix is functional and suited for workforce housing, appealing to both traditional renters and Section 8 housing. The building has been maintained with efficiency in mind, including a newer roof installed in 2025. Most utilities are separately metered. Ample parking is available in both the front and rear of the property. Positioned minutes from Downtown Fresno and near Community Regional Medical Center, the property benefits from proximity to one of the area’s largest employment centers, major transportation routes, public transit, and everyday services. The property is a multifamily asset with upgrades, rental appeal, and a location that attracts tenants seeking affordability close to employment hubs. The property size is 2076 square feet and the lot size is 0.1119146005509642 acres.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $41.1k | $19.80 |
| − Vacancy | −$2.3k | −$1.09 |
| EGI | $38.8k | $18.71 |
| − OpEx | −$11.7k | −$5.61 |
| NOI | $27.2k | $13.10 |
2,076 SF · lease $19.80/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$388.4K
$339.9K – $453.2K
NOI $27,191 @ 7.0% cap · market cap 5.91%
Second Best
Apartment 5plus
$340.3K
$297.8K – $397.0K
NOI $23,820 @ 7.0% cap · market cap 5.18%
Theoretical Best
Office A
$611.8K
$535.3K – $713.7K
NOI $42,824 @ 7.0% cap · market cap 9.31%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
Location Insight
- Map
- Local Demand
- City
- Fresno
- County
- Fresno
- State
- California
- Longitude
- -119.7874103
- Latitude
- 36.7474513
Nearby Similar for Sale
FAQs
What type of property is this?
Triplex - Well-maintained triplex with modern updates and strong rental appeal.
Where is this triplex located?
The property is located at 329 N Diana Fresno, CA.
What is the asking price?
The asking price for this property is $459,999.
What are key features of this property?
This property features: Remodeled in 2023 with durable, modern finishes, including vinyl flooring, updated bathrooms, and stainless steel appliances, designed for long‑term tenant appeal.; Newer roof installed in 2025, ensuring reduced maintenance costs and long‑term property value.; Prime location minutes from Downtown Fresno and Community Regional Medical Center, offering proximity to major employment and transportation.
