4781 N Polk Avenue Fresno, CA 93722
MULTI_FAMILY - Fresno, CA
Property Features for 4781 N Polk Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- RM2
- Parking features
- Garage
- Patio and Porch features
- Porch
- Standard status
- Pending
- APN
- 51013031S
- Size
- 3,102 SF
- Lot size
- 0.12 Acres
Building Details
- Floors in Building
- 2
- Roof type
- Composition
Listing agent Marie Meza License #01772801 (559) 246-4905
Listing office eXp Realty of Greater Los Angeles, Inc. 303 N Glenoaks Blvd., Ste. 200, Burbank, CA (888) 652-1314
Listing date Apr 30, 2026
Copyright © 2026 Kings County Board 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.
Investment Insights
Based on property information with market context.
The property is located in NW Fresno within the Apple Creek HOA. The HOA may cover exterior maintenance, roof, and sewer, though the buyer must verify coverage.
All units are currently occupied, providing in-place income. The property is being sold subject to inspection due to tenant occupancy; please do not disturb tenants.
Key Highlights
- Well‑maintained triplex in NW Fresno with 3 units and all units currently occupied
- Unit mix includes 3‑bedroom and 2‑bedroom layouts, with each unit having its own HVAC system
- Each unit includes garage parking; property has a porch
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 | $54.0k | $17.40 |
| − Vacancy | −$2.4k | −$0.78 |
| EGI | $51.5k | $16.62 |
| − OpEx | −$15.5k | −$4.99 |
| NOI | $36.1k | $11.63 |
