Pride-of-Ownership Triplex With
4053 N Feland Avenue Fresno, CA 93722
4053 N Feland Avenue, Fresno, CA, 93722
$589,000
Pending
For Sale
$589,000
Pending
MULTI_FAMILY - Fresno, CA
Property Size3,244 SF
Lot Size0.22 Acres
Days on Market48
Property Features for 4053 N Feland Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 5
- Bathrooms
- 5
- Rooms
- Bathroom 4, Bedroom 2, Bathroom 2, Bedroom 3, Bedroom 1, Bathroom 1, Bathroom 5, Bathroom 3, Bedroom 4, 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 agency
Fresno Income Properties
(559) 438-9410
Listed by
Paul Gestic · License #01376488
(559) 438-9410
Added: Jun 5 Updated: Jul 20 at 7:30PM Checked: Jul 22 at 11:06PM
MLS# 649861
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.
4053 N Feland Avenue is a pride-of-ownership triplex offering a total of three rental units with a practical mix of layouts. There are two 2-bedroom, 2-bathroom units and one 1-bedroom, 1-bathroom unit. Each home is designed with a comfortable, single-family feel, and tenants benefit from outdoor patio space, washer and dryer hookups, and attached garages.
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.
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 |
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
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Triplex for sale with two 2-bedroom units and one 1-bedroom unit, each with patio space 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 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
