4053 N Feland Avenue Fresno, CA 93722
MULTI_FAMILY - Fresno, CA
Property Features for 4053 N Feland Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 5
- Bathrooms
- 5
- Rooms
- Bedroom 1, Bedroom 4, Bathroom 5, Bathroom 3, Bedroom 3, Bedroom 2, Bathroom 4, Bathroom 1, Bathroom 2, Bedroom 5
- Parking features
- Covered, Garage
- Exterior features
- Stucco, Wood
- Standard status
- Pending
- APN
- 42455105
- Size
- 3,244 SF
- Lot size
- 0.22 Acres
Building Details
- Year built
- 1980
- Floors in Building
- 1
- Number of units
- 3
- Roof type
- Composition
Listing agent Paul Gestic License #01376488 (559) 438-9410
Listing office Fresno Income Properties 7575 N Del Mar Suite #102, Fresno, CA (559) 438-9410
Listing date Jun 5, 2026
Copyright © 2026 Fresno Association 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.
The property is located in Fresno, California 93722, and is described as being near shopping, dining, parks, and schools, along with other everyday amenities.
With its three-unit structure and established residential conveniences, this property presents a straightforward option for buyers seeking an income-producing multi-family asset in a tenant-friendly setting.
Key Highlights
- Triplex built in 1980 with stucco and wood exterior and a composition roof
- Unit mix: two 2‑bedroom/2‑bath units and one 1‑bedroom/1‑bath unit
- Each unit includes patio space 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 |
