537 W University, Fresno, CA 93705
MULTI_FAMILY - Fresno, CA
- Added:
- May 1, 2026
- Days on Market:
- 41
- Last Refresh:
- Jun 10 at 11:06 pm
Property Features for 537 W University
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- RS5
- Parking features
- Open, Garage, Carport
- Fireplace
- 1
- Standard status
- Active
- APN
- 44419320
- Size
- 2,266 SF
- Lot size
- 0.19 Acres
Building Details
- Floors in Building
- 1
- Flooring type
- Laminate
- 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 May 1, 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.
HighLights
- Duplex at 537 W University Ave, Fresno
- Laminate flooring
- Fireplace included
- Composition roof
- Parking includes open parking, a garage, and a carport
Overview
Located at 537 W University Ave in Fresno, California 93705, the property is zoned RS5. The overall site size and on-site parking are practical considerations for tenants and for anyone seeking a manageable residential income asset.
The duplex format can appeal to buyers looking for a residential income property with two separate units under one ownership structure. With the property designed around low-maintenance exterior areas and on-site parking, it may fit well for an owner-operator or an investor who wants a practical, turnkey setup. Interested parties should review the unit details, current lease status, and operating requirements directly to confirm fit for their ownership and tenanting plans.
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 | $44.9k | $19.80 |
| − Vacancy | −$2.5k | −$1.09 |
| EGI | $42.4k | $18.71 |
| − OpEx | −$12.7k | −$5.61 |
| NOI | $29.7k | $13.10 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Fresno
- County
- Fresno
- State
- California
- Longitude
- -119.818545
- Latitude
- 36.766839
