Duplex with Alley
For Sale
$324,900
365 N Echo Avenue, Fresno, CA 93701
MULTI_FAMILY - Fresno, CA
Property Size1,626 SF
Lot Size0.17 Acres
Price / SF$199.82
Days on Market87
Property Features for 365 N Echo Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
RS5
Parking features
Carport
Patio and Porch features
Porch
Fencing
Cross Fenced, Wood, Fenced
Fireplace
1
Directions
From 99 North, take the Belmont Ave exit, turn right on Belmont, then left on Echo Ave. The home will be on your right at 365 N Echo Ave.
Subdivision
Fresno
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 Agency:
eXp Realty of Greater Los Angeles, Inc.
(888) 652-1314
Listed By:
Marie Meza · License #01772801
(559) 246-4905
Added: May 6
Changed: Jul 18
Last Checked: Jul 31 at 8:06AM
MLS# 234153
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.
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 tenant‑occupied homes on one lot, providing immediate rental income
- Front home: 2 bed, 1 bath bungalow with hardwood floors in living areas and bedrooms
- Front home includes an updated bathroom, plus formal dining room with built‑in cabinet and custom shelving
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
NOI $21,297 @ 7.0% cap · market cap 6.55%
Second Best
Apartment 5plus
$266.5K
$233.2K – $311.0K
NOI $18,657 @ 7.0% cap · market cap 5.74%
Theoretical Best
Office A
$479.2K
$419.3K – $559.0K
NOI $33,541 @ 7.0% cap · market cap 10.32%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
995
Businesses Nearby
Explore this area
Business Placement
Demographics for 93701, CA
12,037
Population
3,836
Households
3.1
Avg Household Size
28
Median Age
7%
College-Educated
48%
High-School Grad
1.5 sq mi
ZIP Area
8,025
Density / Sq Mi
$32,192
Median Household Income
$26,875
Median Earnings
$926
Median Rent
$207,600
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
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 tenant‑occupied homes on one lot, providing immediate rental income; Front home: 2 bed, 1 bath bungalow with hardwood floors in living areas and bedrooms; Front home includes an updated bathroom, plus formal dining room with built‑in cabinet and custom shelving
