Owner-Occupied Triplex with
4053 N Feland Avenue Fresno, CA 93722
4053 N Feland Avenue, Fresno, CA, 93722
$589,000
For Sale
$589,000
Triplex with two 2-bedroom, 2-bath units and one 1-bedroom, 1-bath unit, each with patios and washer/dryer hookups.
Property Size3,244 SF
Price / SF$181.57
Days on Market33
Property Features for 4053 N Feland Avenue
General Information
- Standard status
- Active
- Size
- 3,244 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1980
Listing agency
Fresno Income Properties
(559) 903-2255
Listed by
Paul Gestic · License #DRE #01376488
(559) 903-2255
Source
Exitrealty
Added: Jun 19 Updated: Jul 20 at 11:59PM Checked: Jul 21 at 5:25AM
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 Fresno Income Properties
Investment Insights
Based on property information with market context.
This pride-of-ownership triplex includes two 2-bedroom, 2-bath units and one 1-bedroom, 1-bath unit. The layout is designed to feel like individual homes, with comfortable living spaces for each residence. Residents have access to patios, washer and dryer hookups, and attached garages.
Located at 4053 N Feland Avenue in Fresno, the property is described as being near shopping, dining, parks, and schools, along with everyday amenities.
The unit mix provides a flexible configuration for rental income within a three-unit structure, supported by practical in-unit laundry connections and attached parking.
Located at 4053 N Feland Avenue in Fresno, the property is described as being near shopping, dining, parks, and schools, along with everyday amenities.
The unit mix provides a flexible configuration for rental income within a three-unit structure, supported by practical in-unit laundry connections and attached parking.
Key Highlights
- Triplex built in 1980 featuring 2 two‑bedroom, 2‑bath units and 1 one‑bedroom, 1‑bath unit
- Unit mix includes two 2BR/2BA apartments plus one 1BR/1BA apartment
- Each unit has a patio and washer/dryer hookups
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 | $56.4k | $17.40 |
| − Vacancy | −$2.5k | −$0.78 |
| EGI | $53.9k | $16.62 |
| − OpEx | −$16.2k | −$4.99 |
| NOI | $37.7k | $11.63 |
3,244 SF · lease $17.40/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$539.1K
$471.7K – $628.9K
NOI $37,734 @ 7.0% cap · market cap 6.41%
Second Best
Apartment 5plus
$483.5K
$423.0K – $564.1K
NOI $33,843 @ 7.0% cap · market cap 5.75%
Theoretical Best
Office A
$691.4K
$604.9K – $806.6K
NOI $48,395 @ 7.0% cap · market cap 8.22%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Triplex - Triplex with two 2-bedroom, 2-bath units and one 1-bedroom, 1-bath unit, each with patios and washer/dryer hookups.
Where is this triplex located?
The property is located at 4053 N Feland Avenue Fresno, CA.
What is the asking price?
The asking price for this property is $589,000.
What are key features of this property?
This property features: Triplex built in 1980 featuring 2 two‑bedroom, 2‑bath units and 1 one‑bedroom, 1‑bath unit; Unit mix includes two 2BR/2BA apartments plus one 1BR/1BA apartment; Each unit has a patio and washer/dryer hookups
