411 E Prospect Avenue Exeter, CA 93221
MULTI_FAMILY - Exeter, CA
Property Features for 411 E Prospect Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bedroom 3, Bathroom 1, Bedroom 4, Bedroom 1, Bedroom 2, Bathroom 2
- Standard status
- Pending
- APN
- 136170026000
- Size
- 1,872 SF
- Lot size
- 0.23 Acres
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1993
- Floors in Building
- 1
- Number of units
- 2
- Roof type
- Composition
Listing agent Tricia Kirksey (559) 280-5000
Listing office Melson Realty, Inc. 251 E Pine St., Exeter, CA (559) 592-9939
Listing date May 26, 2026
Copyright © 2026 Tulare County MLS. 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.
Key Highlights
- Duplex at 411 & 413 E Prospect with two separate units
- Each unit offers 2 bedrooms and 1 bathroom plus a 1‑car garage
- Vaulted ceilings in both units for a bright, open interior feel
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 | $25.8k | $13.80 |
| − Vacancy | −$1.7k | −$0.89 |
| EGI | $24.2k | $12.91 |
| − OpEx | −$7.2k | −$3.87 |
| NOI | $16.9k | $9.04 |
