Duplex with Covered
For Sale
$279,900
Pending
4703 E El Monte Way, Fresno, CA 93702
Multi Family, Fresno, CA
Property Size1,381 SF
Lot Size0.14 Acres
Days on Market49
Property Features for 4703 E El Monte Way
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
2
Bathrooms
1
Full bathrooms
1
Rooms
Bedroom 2, Bedroom 1, Bathroom 1
Parking features
Covered
Exterior features
Stucco, Wood
Lot features
Corner
High school district
Fresno Unified
Directions
From Chestnut and King Canyon head west on King Canyon right on S Sierra Vista. Home is on the left corner of S Sierra Vista and El Monte
Subdivision
702
Standard status
Pending
APN
47009118
Size
1,381 SF
Lot size
0.14 Acres
Additional Details
Tenant in Place
Yes
Building Details
Year built
1947
Floors in Building
1
Number of units
2
Roof type
Composition
Listing Agency:
London Properties, Ltd.
Listed By:
Katherine Justice · License #01415461
(559) 436-4000
Added: Sep 14
Changed: Oct 31
Last Checked: Nov 1 at 4:06AM
MLS# 655237
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.
Built in 1947, this 1,381-square-foot duplex contains two residences on a 0.1423-acre lot. The front unit has 2 bedrooms and 1 bathroom and is move-in ready; the rear unit has 1 bedroom and 1 bathroom and is currently rented. Exterior materials include stucco and wood, with a composition roof and covered parking.
The property is described as minutes from shopping and offers freeway access.
The property is described as minutes from shopping and offers freeway access.
Key Highlights
- Two‑unit layout: front residence has 2 bedrooms and 1 bathroom; rear has 1 bedroom and 1 bathroom
- Rear residence is currently rented; front unit is move‑in ready
- 1,381 square feet on a 0.1423‑acre lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,088
Cap Rate
6.46%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$361,760
$361.8K
Cap Rate 7%
$258,400
$258.4K
Cap Rate 9%
$200,978
$201.0K
Market Conditions
NOI Build-Up for 1,381 SF
Gross rent
$27.3K $19.80/SF
− Vacancy
−$1.5K −$1.09/SF
EGI
$25.8K $18.71/SF
− OpEx
−$7.8K −$5.61/SF
NOI
$18.1K $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%
$361,760
Cap Rate 7%
$258,400
Cap Rate 9%
$200,978
Alternative Uses
Best Use
Multifamily LT 5
$258.4K
$226.1K – $301.5K
NOI $18,088 @ 7.0% cap · market cap 6.46%
Second Best
Apartment 5plus
$232.1K
$203.1K – $270.7K
NOI $16,244 @ 7.0% cap · market cap 5.80%
Theoretical Best
Office A
$337.0K
$294.9K – $393.2K
NOI $23,591 @ 7.0% cap · market cap 8.43%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
841
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Two separate residences provide an owner-occupancy option alongside an existing rental.
Where is this duplex located?
The property is located at 4703 E El Monte Way Fresno, CA.
What is the asking price?
The asking price for this property is $279,900.
What are key features of this property?
This property features: Two‑unit layout: front residence has 2 bedrooms and 1 bathroom; rear has 1 bedroom and 1 bathroom; Rear residence is currently rented; front unit is move‑in ready; 1,381 square feet on a 0.1423‑acre lot
