Two-Unit Duplex with
For Sale
$515,000
3719 East Hampton Way Unit 2, Fresno, CA 93726
Both residences offer two bedrooms, one-and-a-half baths, interior laundry, and private outdoor space.
Property Size2,344 SF
Price / SF$219.71
Days on Market168
Property Features for 3719 East Hampton Way Unit 2
General Information
Standard status
Active
Size
2,344 SF
Property subtype
Multi Family / Duplex
Lease Type
Net
Amenities
All units
Central Heat/Cool, Central Heat, Central Cooling
All Units
Sprinkler - Front
Composition
Stucco
Concrete Perimeter
Corner
Building Details
Year Built
1966
Listing Agency:
Handle With Care Properties
(559) 307-8619
Listed By:
Joan D Lumpkin · License #01067327
(559) 307-8619
Source:
Compass
Added: Mar 17
Changed: Aug 30
Last Checked: Aug 30 at 7:55PM
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 Handle With Care Properties
Investment Insights
Based on property information with market context.
This 2,344-square-foot duplex, constructed in 1966, contains two similarly configured residences. Each unit provides two bedrooms and one-and-a-half bathrooms, with the bedrooms and full bathroom located upstairs. Interior laundry areas, central heating and cooling, and backyard space serve the units, while the property also includes a single-car garage. Stucco exterior construction, a concrete perimeter, composition roofing, front sprinklers, and a corner position complete the physical profile.
The property is near Freeway 41, Fresno State, and shopping, with surrounding development consisting of single-family homes. Both units are occupied without leases in place, providing flexibility for an owner-occupant arrangement or continued rental use.
The property is near Freeway 41, Fresno State, and shopping, with surrounding development consisting of single-family homes. Both units are occupied without leases in place, providing flexibility for an owner-occupant arrangement or continued rental use.
Key Highlights
- 2,344 SF duplex built in 1966
- Two units, each with 2 bedrooms and 1 1/2 baths
- Bedrooms and full bath positioned upstairs in both units
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$27,065
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.26%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$541,300
$541.3K
Cap Rate 7%
$386,643
$386.6K
Cap Rate 9%
$300,722
$300.7K
Market Conditions
NOI Build-Up for 2,344 SF
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.
Gross rent
$40.8K $17.40/SF
− Vacancy
−$2.1K −$0.90/SF
EGI
$38.7K $16.50/SF
− OpEx
−$11.6K −$4.95/SF
NOI
$27.1K $11.55/SF
Area
ZIP 93726
Vacancy
5.20%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$541,300
Cap Rate 7%
$386,643
Cap Rate 9%
$300,722
Alternative Uses
Best Use
Multifamily LT 5
$386.6K
$338.3K – $451.1K
NOI $27,065 @ 7.0% cap · market cap 5.26%
Second Best
Apartment 5plus
$356.9K
$312.3K – $416.4K
NOI $24,985 @ 7.0% cap · market cap 4.85%
Theoretical Best
Office A
$486.1K
$425.3K – $567.1K
NOI $34,024 @ 7.0% cap · market cap 6.61%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
716
Businesses Nearby
Explore this area
Business Placement
Demographics for 93726, CA
42,366
Population
15,744
Households
2.7
Avg Household Size
31
Median Age
17%
College-Educated
78%
High-School Grad
6.4 sq mi
ZIP Area
6,620
Density / Sq Mi
$51,913
Median Household Income
$31,697
Median Earnings
$1,254
Median Rent
$271,800
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Both residences offer two bedrooms, one-and-a-half baths, interior laundry, and private outdoor space.
Where is this duplex located?
The property is located at 3719 East Hampton Way Unit 2 Fresno, CA.
What is the asking price?
The asking price for this property is $515,000.
What are key features of this property?
This property features: 2,344 SF duplex built in 1966; Two units, each with 2 bedrooms and 1 1/2 baths; Bedrooms and full bath positioned upstairs in both units
