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    Renovated 2BR/1BA Income Property Title is generated by Realmo AI

    436 N 3rd Street, Fresno, CA 93702

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    For Sale
    $435,000

    Recently renovated 2-bedroom, 1-bath units with in-unit laundry, granite counters, and separate yards, currently rented.

    Type:Multi Family
    Property size:
    2,682 SF
    Price / SF:
    $162/SF
    Added:
    Jun 20, 2026
    Days on Market:
    8
    Last Refresh:
    Jun 24 at 4:37 am

    Property Features for 436 N 3rd Street

    General Information

    Standard status
    Active
    Size
    2,682 SF
    Property subtype
    Multi Family

    Building Details

    Year Built
    1966

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    Gregory Kosareff
    Gregory Kosareff

    Listing office Realty Concepts, Ltd. - Fresno

    Listing date Jun 20, 2026

    Source Exitrealty

    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 Realty Concepts, Ltd. - Fresno

    HighLights

    • 1966‑built South/SE Fresno investment property with recently renovated units
    • All units are 2 bed, 1 bath and are currently rented
    • Each unit includes in‑unit laundry area
    • Kitchens feature granite counters
    • Each unit has a free‑standing stove
    • Each unit has 1 parking garage and a separate yard

    Overview

    This residential income property offers renovated units that are consistently laid out as 2 bedrooms and 1 bathroom. Each unit includes its own laundry area in the unit and features a free-standing stove. Renovations include granite counters in the kitchen. The setup also provides each unit its own parking garage and a separate yard, supporting more private, self-contained day-to-day living.

    Located in South/East Fresno at 436 N 3rd Street, the property is positioned for tenants who want an in-town address with dedicated unit amenities. The information provided indicates the units have been updated recently and are maintained as independent spaces within the overall building.

    This configuration can fit buyers or operators looking for a stabilized residential income asset, since the units are currently rented. With all units sharing the same 2-bedroom, 1-bath layout and similar interior improvements, the property may be attractive for prospective investors seeking straightforward unit consistency alongside features such as in-unit laundry, garage parking, and separate outdoor space for each unit.

    Local Financial Insights For Apartment 5plus

    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 $60.5k $22.56
    − Vacancy −$3.1k −$1.17
    EGI $57.4k $21.39
    − OpEx −$25.8k −$9.62
    NOI $31.5k $11.76
    2,682 SF · lease $22.56/SF/yr · vacancy 5.20% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $450.7K
    $394.4K – $525.8K (±1% cap)
    NOI $31,548 @ 7.0% cap · market cap 7.25%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $654.5K
    $572.7K – $763.6K (±1% cap)
    NOI $45,815 @ 7.0% cap · market cap 10.53%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Multifamily properties

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fresno
    County
    Fresno
    State
    California
    Longitude
    -119.76904
    Latitude
    36.749294

    FAQs

    What type of property is this?
    Multifamily property - Recently renovated 2-bedroom, 1-bath units with in-unit laundry, granite counters, and separate yards, currently rented.
    Where is this multifamily property located?
    The property is located at 436 N 3rd Street Fresno, CA.
    What is the asking price?
    The asking price for this property is $435,000.
    What are key features of this property?
    This property features: 1966‑built South/SE Fresno investment property with recently renovated units; All units are 2 bed, 1 bath and are currently rented; Each unit includes in‑unit laundry area
    More about this property
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