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Triplex with Separate Dwellings
For Sale
$950,000

4924 N Arthur Avenue, Fresno, CA 93705

Multi Family, Fresno, CA

Property Size2,668 SF
Lot Size0.44 Acres
Price / SF$356.07
Days on Market118

Property Features for 4924 N Arthur Avenue

General Information

Property type Residential Multi Family
Property subtype Triplex
Bedrooms 7
Bathrooms 6
Full bathrooms 6
Rooms Bathroom 2, Bedroom 2, Bathroom 6, Bedroom 3, Bedroom 5, Bathroom 1, Bathroom 4, Bathroom 5, Bedroom 6, Bedroom 1, Bedroom 7, Bedroom 4, Bathroom 3
Parking features Carport
Exterior features Stucco
High school district Fresno Unified
Directions From Shaw Ave and Fruit Ave, head east on Shaw, head south Arthur to property.
Subdivision 711
Standard status Active
APN 42504214
Size 2,668 SF
Lot size 0.44 Acres

Building Details

Year built 2005
Floors in Building 1
Number of units 3
Roof type Shake
Listing Agency: Realty Concepts, Ltd. - Fresno
Listed By: Gregory Kosareff · License #01195078
Added: Jun 12 Changed: Oct 7 Last Checked: Oct 7 at 9:06PM
MLS# 650526

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.

Investment Insights

Based on property information with market context.

This triplex at 4924 N Arthur Avenue includes three separate dwellings on a 0.4368-acre parcel. The primary residence, built in 2005, contains 2,668 square feet with three bedrooms and 2.5 bathrooms. Its interior includes a living room, formal dining area, kitchen with granite counters and breakfast bar, primary suite, office with built-in cabinetry, and utility room with pantry and storage. A second residence adds approximately 1,702 square feet, four bedrooms, and two bathrooms. The third dwelling includes a kitchen area, full bathroom, and a large open room that can serve as additional residential, office, or recreation space.

The property is in Fresno, California, near Fig Garden Village. Exterior features include stucco siding, a shake roof, and carport parking. The separate-dwelling configuration supports a range of residential occupancy arrangements within one multifamily property.

Key Highlights

  • Three separate dwellings on a 0.4368‑acre lot
  • Primary residence built in 2005 with 2,668 square feet, 3 bedrooms, and 2.5 bathrooms
  • Second dwelling offers approximately 1,702 square feet, 4 bedrooms, and 2 bathrooms

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$34,945
Cap Rate
3.68%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$698,900 $698.9K
Cap Rate 7%
$499,214 $499.2K
Cap Rate 9%
$388,278 $388.3K
Market Conditions
NOI Build-Up for 2,668 SF
Gross rent
$52.8K $19.80/SF
− Vacancy
−$2.9K −$1.09/SF
EGI
$49.9K $18.71/SF
− OpEx
−$15.0K −$5.61/SF
NOI
$34.9K $13.10/SF
Area
Fresno, CA
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%
$698,900
Cap Rate 7%
$499,214
Cap Rate 9%
$388,278

Alternative Uses

Best Use
Multifamily LT 5
$499.2K
$436.8K – $582.4K (±1% cap)
NOI $34,945 @ 7.0% cap · market cap 3.68%
Second Best
Apartment 5plus
$437.3K
$382.7K – $510.2K (±1% cap)
NOI $30,613 @ 7.0% cap · market cap 3.22%
Theoretical Best
Office A
$786.2K
$688.0K – $917.3K (±1% cap)
NOI $55,036 @ 7.0% cap · market cap 5.79%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick HVAC Service Auto Repair Shop Building Supply Parking Lot & Garage Electrical Service Furniture & Home Goods

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

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

1,460
Businesses Nearby

Demographics for 93705, CA

38,125
Population
13,408
Households
2.8
Avg Household Size
31
Median Age
16%
College-Educated
75%
High-School Grad
4.9 sq mi
ZIP Area
7,781
Density / Sq Mi
$55,152
Median Household Income
$35,979
Median Earnings
$1,254
Median Rent
$281,300
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

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - Three residential dwellings provide distinct living areas, including two full residences and a flexible additional space.
Where is this triplex located?
The property is located at 4924 N Arthur Avenue Fresno, CA.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Three separate dwellings on a 0.4368‑acre lot; Primary residence built in 2005 with 2,668 square feet, 3 bedrooms, and 2.5 bathrooms; Second dwelling offers approximately 1,702 square feet, 4 bedrooms, and 2 bathrooms
More about this property
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