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Two-Home Duplex Property
New
For Sale
$575,000

4733 E Richert Avenue, Fresno, CA 93726

Main residence includes an open-concept kitchen and a master suite with direct backyard access.

Property Size3,513 SF
Lot Size0.40 Acres
Price / SF$163.68
Days on Market5

Property Features for 4733 E Richert Avenue

General Information

Standard status Active
Size 3,513 SF
Lot size 0.40 Acres
Property subtype Multi Family

Building Details

Year Built 1950
Buildings 2
Listing Agency: eXp Realty of California, Inc.
Listed By: Nathan King · License #DRE #01955394
Source: Exitrealty
Added: Jul 28 Changed: Jul 31 Last Checked: Jul 31 at 5:05PM

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 eXp Realty of California, Inc.

Investment Insights

Based on property information with market context.

This duplex property includes two homes on a 0.4-acre lot with 3,513 square feet of total property size. Built in 1950, the main home offers 4 bedrooms and 3 baths, along with a living area, open-concept kitchen with attractive cabinetry, abundant natural light, and ample windows. The master suite includes a large walk-in closet, generous bedroom space, and direct access to the backyard.

The separate back unit provides 2 bedrooms and 1 bath, with elegant flooring and granite countertops. An expansive backyard offers additional outdoor space for entertaining or relaxation. The property is located at 4733 E Richert Avenue in Fresno, California.

Key Highlights

  • Two homes on a 0.4‑acre lot
  • 3,513 square feet of total property size
  • Main home offers 4 bedrooms and 3 baths

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 $61.1k $17.40
− Vacancy −$3.2k −$0.90
EGI $57.9k $16.50
− OpEx −$17.4k −$4.95
NOI $40.6k $11.55
3,513 SF · lease $17.40/SF/yr · vacancy 5.20% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$579.5K
$507.0K – $676.1K (±1% cap)
NOI $40,563 @ 7.0% cap · market cap 7.05%
Second Best
Apartment 5plus
$534.9K
$468.1K – $624.1K (±1% cap)
NOI $37,445 @ 7.0% cap · market cap 6.51%
Theoretical Best
Office A
$728.5K
$637.4K – $849.9K (±1% cap)
NOI $50,992 @ 7.0% cap · market cap 8.87%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Kitchen & Bath Showroom HVAC Service Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

778
Businesses Nearby

Demographics for 93726, CA

42,366
Population
15,744
Households
2.7
Avg Household Size
31
Median Age
17%
College-Educated
78%
High-School Grad
6.4 sq mi
ZIP Area
6,620
Density / Sq Mi
$51,913
Median Household Income
$31,697
Median Earnings
$1,254
Median Rent
$271,800
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Main residence includes an open-concept kitchen and a master suite with direct backyard access.
Where is this duplex located?
The property is located at 4733 E Richert Avenue Fresno, CA.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: Two homes on a 0.4‑acre lot; 3,513 square feet of total property size; Main home offers 4 bedrooms and 3 baths
More about this property
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