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Duplex with Alley Access

365 N Echo Avenue Fresno, CA 93701

365 N Echo Avenue, Fresno, CA, 93701
$324,900
For Sale
Claim this Listing
$324,900

MULTI_FAMILY - Fresno, CA

Property Size1,626 SF
Lot Size0.17 Acres
Price / SF$199.82
AddedMay 6
Days on Market70
Last RefreshJul 14 at 1:06 pm

Property Features for 365 N Echo Avenue

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
RS5
Parking features
Carport
Patio and Porch features
Porch
Fencing
Cross Fenced, Fenced, Wood
Fireplace
1
Standard status
Active
APN
45912103
Size
1,626 SF
Lot size
0.17 Acres

Utilities

Sewer type
Public Sewer
Heating system
Central
Water source
Public

Building Details

Floors in Building
1
Flooring type
Hardwood, Tile
Roof type
Composition

Listing agent Marie Meza License #01772801

Listing office eXp Realty of Greater Los Angeles, Inc. 303 N Glenoaks Blvd., Ste. 200, Burbank, CA

Listing date May 6, 2026

MLS# 234153 Listing URL

Copyright © 2026 Kings County Board of REALTORS. 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 offers two homes on one lot, with both units currently tenant-occupied. The front home is a 2 bedroom, 1 bathroom bungalow featuring hardwood floors in the living areas and bedrooms, an updated bathroom, and a formal dining room with a built-in cabinet and custom shelving in the living room.

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

Located at 365 N Echo Avenue in Fresno, California 93701, the property is zoned RS5.

Key Highlights

  • Two homes on one lot, both currently tenant‑occupied
  • Front home: 2 bed / 1 bath bungalow with hardwood flooring in living areas and bedrooms
  • Front home includes an updated bathroom plus formal dining room with built‑in cabinet and custom shelving

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 $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 6.55%
Second Best
Apartment 5plus
$266.5K
$233.2K – $311.0K (±1% cap)
NOI $18,657 @ 7.0% cap · market cap 5.74%
Theoretical Best
Office A
$479.2K
$419.3K – $559.0K (±1% cap)
NOI $33,541 @ 7.0% cap · market cap 10.32%
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

Electrical Service Real Estate Agency HVAC Service Carpet & Flooring Store (Bike/Boat/Book/etc) Store Locksmith Acupuncture Plumbing Service Kitchen & Bath Showroom Pet Grooming Service

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

FAQs

What type of property is this?
Duplex - Two tenant-occupied homes on one lot in RS5 zoning, including a 2 bed/1 bath 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 $324,900.
What are key features of this property?
This property features: Two homes on one lot, both currently tenant‑occupied; Front home: 2 bed / 1 bath bungalow with hardwood flooring in living areas and bedrooms; Front home includes an updated bathroom plus formal dining room with built‑in cabinet and custom shelving
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