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 Market133
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
Bedroom 4, Bedroom 5, Bathroom 4, Bathroom 1, Bathroom 2, Bedroom 3, Bathroom 3, Bathroom 5, Bedroom 1, Bedroom 2
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
Amenities
utility room
garage space
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) 960-3783
Added: Apr 27
Changed: Sep 5
Last Checked: Sep 6 at 3:06AM
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 Fresno triplex contains 2,802 square feet and is arranged as two two-bedroom, two-bath residences plus one one-bedroom, one-bath residence. Each unit has access to a utility room and garage space. The building features stucco exterior construction and a composition roof, with a 1975 construction date.
The property occupies 0.1865 acres along N Fresno Street in Fresno, California, positioned south of Herndon Avenue. Its three-unit configuration and varied floor plans provide a mix of residential layouts within one multifamily property.
The property occupies 0.1865 acres along N Fresno Street in Fresno, California, positioned south of Herndon Avenue. Its three-unit configuration and varied floor plans provide a mix of residential layouts within one multifamily property.
Key Highlights
- Three‑unit property with two 2‑bedroom, 2‑bath units and one 1‑bedroom, 1‑bath unit
- 2,802 square feet of building area
- Each residence has utility‑room access and garage space
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
1,673
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
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Frequently Asked Questions
What type of property is this?
Triplex - Three residential units offer varied bedroom and bathroom configurations, with utility-room access and garage space for each residence.
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: Three‑unit property with two 2‑bedroom, 2‑bath units and one 1‑bedroom, 1‑bath unit; 2,802 square feet of building area; Each residence has utility‑room access and garage space
