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Duplex with Rear Unit Alley Access

365 N Echo Avenue Fresno, CA 93701

365 N Echo Avenue, Fresno, CA, 93701

$334,900

For Sale

$334,900

Duplex on one lot with two tenant-occupied homes, including a 2 bed/1 bath front bungalow and a 1 bed/1 bath rear unit.

Property Size1,626 SF

Price / SF$205.97

AddedMay 7

Days on Market69

Last RefreshJul 10 at 3:22 am

Property Features for 365 N Echo Avenue

General Information

Standard status: Active
Size: 1,626 SF
Property subtype: Multi Family

Building Details

Year Built: 1923

Listing office eXp Realty of Greater Los Ange

Listing date May 7, 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 duplex features two homes on one lot, with both units currently tenant-occupied. The front home is a 2 bedroom, 1 bathroom bungalow with hardwood flooring throughout the living areas and bedrooms, an updated bathroom, and a formal dining room with a built-in cabinet, along with custom shelving in the living room.

The rear unit offers 1 bedroom and 1 bathroom, with newer kitchen cabinets and countertops, LVP flooring throughout, and a mini split system for heating and cooling. The rear home also provides convenient alley access.

As presented, the property is fully occupied and set up to provide immediate rental income, with unit configurations that support a two-stream rental setup on a single parcel.

Key Highlights

Two tenant‑occupied homes on one lot for current rental income: a 2 bed/1 bath front bungalow plus a 1 bed/1 bath rear unit.
Front home features hardwood floors in living areas and bedrooms, plus an updated bathroom and a formal dining room with built‑in cabinet.
Living room offers custom shelving in the front home.

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$32.2k	$19.80
− Vacancy	−$1.8k	−$1.09
EGI	$30.4k	$18.71
− OpEx	−$9.1k	−$5.61
NOI	$21.3k	$13.10

1,626 SF · lease $19.80/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use

Multifamily LT 5

$304.2K

$266.2K – $355.0K (±1% cap)

NOI $21,297 @ 7.0% cap · market cap 6.36%

Second Best

Apartment 5plus

$266.5K

$233.2K – $311.0K (±1% cap)

NOI $18,657 @ 7.0% cap · market cap 5.57%

Theoretical Best

Office A

$479.2K

$419.3K – $559.0K (±1% cap)

NOI $33,541 @ 7.0% cap · market cap 10.02%

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

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

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For sale
Duplexes
CA
Fresno
93701
365 N Echo Avenue

What type of property is this?

Duplex - Duplex on one lot with two tenant-occupied homes, including a 2 bed/1 bath front bungalow and a 1 bed/1 bath rear unit.

Where is this duplex located?

The property is located at 365 N Echo Avenue Fresno, CA.

What is the asking price?

The asking price for this property is $334,900.

What are key features of this property?

This property features: Two tenant‑occupied homes on one lot for current rental income: a 2 bed/1 bath front bungalow plus a 1 bed/1 bath rear unit.; Front home features hardwood floors in living areas and bedrooms, plus an updated bathroom and a formal dining room with built‑in cabinet.; Living room offers custom shelving in the front home.