Two-Unit Tudor-Style
4558 E Washington Avenue, Fresno, CA 93702
For Sale
New
$320,000
Multi Family, Fresno, CA
Property Size986 SF
Lot Size0.14 Acres
Price / SF$324.54
Days on Market2
Property Features for 4558 E Washington Avenue
General Information
Property type
Property subtype
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking features
Exterior features
High school district
Directions
Subdivision
Standard status
APN
Size
Lot size
Building Details
Year built
Floors in Building
Number of units
Roof type
Listing Agency:
London Properties, Ltd.
Listed By:
Katherine Justice · License CA #01415461
(559) 436-4000
Added: Nov 12
Changed: Nov 13
Last Checked: Nov 13 at 11:06PM
MLS# 658037
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.
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Investment Insights
Based on property information with market context.
This 1940 duplex pairs a two-bedroom, one-bathroom main residence with a separate backyard unit offering one bedroom and a full bathroom. The main home has an upgraded kitchen with granite countertops and a breakfast bar, plus an updated bathroom. Stucco exterior and a composition roof complete the property’s reported features. The 986-square-foot building sits on a 0.1435-acre lot, with covered parking.
The front yard is enclosed by chain-link fencing, while a new privacy fence borders the backyard. Leavenworth Elementary School is within walking distance, and freeway access is approximately one mile away. Buyer verification of permits, zoning, and rental eligibility is noted.
The front yard is enclosed by chain-link fencing, while a new privacy fence borders the backyard. Leavenworth Elementary School is within walking distance, and freeway access is approximately one mile away. Buyer verification of permits, zoning, and rental eligibility is noted.
Key Highlights
- Two separate living spaces: a 2‑bedroom, 1‑bathroom main home and a 1‑bedroom, 1‑bathroom backyard unit
- 986‑square‑foot building on a 0.1435‑acre lot
- Main residence kitchen features granite countertops and a breakfast bar
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,914
Cap Rate
4.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$258,280
$258.3K
Cap Rate 7%
$184,486
$184.5K
Cap Rate 9%
$143,489
$143.5K
Market Conditions
NOI Build-Up for 986 SF
Gross rent
$19.5K $19.80/SF
− Vacancy
−$1.1K −$1.09/SF
EGI
$18.4K $18.71/SF
− OpEx
−$5.5K −$5.61/SF
NOI
$12.9K $13.10/SF
Area
ZIP 93702
Vacancy
5.50%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$258,280
Cap Rate 7%
$184,486
Cap Rate 9%
$143,489
Alternative Uses
Best Use
Multifamily LT 5
$184.5K
$161.4K – $215.2K
NOI $12,914 @ 7.0% cap · market cap 4.04%
Second Best
Apartment 5plus
$165.7K
$145.0K – $193.3K
NOI $11,598 @ 7.0% cap · market cap 3.62%
Theoretical Best
Office A
$240.6K
$210.5K – $280.7K
NOI $16,843 @ 7.0% cap · market cap 5.26%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
519
Businesses Nearby
Explore this area
Business Placement
Demographics for 93702, CA
45,741
Population
13,386
Households
3.4
Avg Household Size
29
Median Age
9%
College-Educated
57%
High-School Grad
5.2 sq mi
ZIP Area
8,796
Density / Sq Mi
$44,849
Median Household Income
$27,486
Median Earnings
$1,110
Median Rent
$211,900
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Fresno, CA
Properties on Market for Duplexes in Fresno
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - A detached backyard unit adds a second living space alongside the renovated kitchen and bathroom in the main residence.
Where is this duplex located?
The property is located at 4558 E Washington Avenue Fresno, CA.
What is the asking price?
The asking price for this property is $320,000.
What are key features of this property?
This property features: Two separate living spaces: a 2‑bedroom, 1‑bathroom main home and a 1‑bedroom, 1‑bathroom backyard unit; 986‑square‑foot building on a 0.1435‑acre lot; Main residence kitchen features granite countertops and a breakfast bar
