Triplex with Garage
For Sale
$699,000
6250 N Fresno Street, Fresno, CA 93710
MULTI_FAMILY - Fresno, CA
Property Size2,802 SF
Lot Size0.19 Acres
Price / SF$249.46
Days on Market104
Property Features for 6250 N Fresno Street
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Bedrooms
5
Bathrooms
5
Full bathrooms
5
Rooms
Bathroom 5, Bedroom 3, Bedroom 5, Bedroom 4, Bedroom 2, Bedroom 1, Bathroom 4, Bathroom 2, Bathroom 3, Bathroom 1
Exterior features
Stucco
High school district
Fresno Unified
Directions
From Herndon and Fresno street: Go south on Fresno. Property on Left hand side before you get to Escalon street
Subdivision
710
Standard status
Active
APN
40930405
Size
2,802 SF
Lot size
0.19 Acres
Building Details
Year built
1975
Floors in Building
1
Number of units
3
Roof type
Composition
Listing Agency:
Realty Concepts, Ltd. - Fresno
(559) 490-1500
Listed By:
Damaris Lambrecht · License #01953004
(559) 490-1500
Added: Apr 27
Changed: Aug 8
Last Checked: Aug 8 at 11:06PM
MLS# 647792
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 6250 N Fresno Street features three residential units: two spacious 2-bedroom, 2-bath units and one 1-bedroom, 1-bath unit. Each unit provides access to a utility room and includes garage space, supporting convenient, tenant-friendly day-to-day living.
The property is situated on a 0.1865-acre lot and includes 2,802 square feet under roof. Exterior features include stucco, and the roof is composition.
Built in 1975, the layout is designed for income-focused occupancy with an established unit configuration across all three homes. Offers are submitted subject to inspection, and tenants should not be disturbed.
The property is situated on a 0.1865-acre lot and includes 2,802 square feet under roof. Exterior features include stucco, and the roof is composition.
Built in 1975, the layout is designed for income-focused occupancy with an established unit configuration across all three homes. Offers are submitted subject to inspection, and tenants should not be disturbed.
Key Highlights
- Two 2‑bedroom, 2‑bath units plus one 1‑bedroom, 1‑bath unit
- Each unit includes access to a utility room and garage space
- 0.1865‑acre lot
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$36,700
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.25%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$734,000
$734.0K
Cap Rate 7%
$524,286
$524.3K
Cap Rate 9%
$407,778
$407.8K
Market Conditions
NOI Build-Up for 2,802 SF
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.
Gross rent
$55.5K $19.80/SF
− Vacancy
−$3.1K −$1.09/SF
EGI
$52.4K $18.71/SF
− OpEx
−$15.7K −$5.61/SF
NOI
$36.7K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$734,000
Cap Rate 7%
$524,286
Cap Rate 9%
$407,778
Alternative Uses
Best Use
Multifamily LT 5
$524.3K
$458.8K – $611.7K
NOI $36,700 @ 7.0% cap · market cap 5.25%
Second Best
Apartment 5plus
$459.3K
$401.9K – $535.8K
NOI $32,150 @ 7.0% cap · market cap 4.60%
Theoretical Best
Office A
$825.7K
$722.5K – $963.3K
NOI $57,800 @ 7.0% cap · market cap 8.27%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
1,890
Businesses Nearby
Explore this area
Business Placement
Demographics for 93710, CA
30,552
Population
12,581
Households
2.4
Avg Household Size
32
Median Age
30%
College-Educated
89%
High-School Grad
6.2 sq mi
ZIP Area
4,928
Density / Sq Mi
$62,294
Median Household Income
$32,232
Median Earnings
$1,337
Median Rent
$348,600
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Triplex - Triplex built in 1975 with stucco exterior and each unit includes garage space and utility room access.
Where is this triplex located?
The property is located at 6250 N Fresno Street Fresno, CA.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Two 2‑bedroom, 2‑bath units plus one 1‑bedroom, 1‑bath unit; Each unit includes access to a utility room and garage space; 0.1865‑acre lot
