Triplex with Detached
For Sale
$749,900
Pending
6416 N Remington Avenue, Fresno, CA 93704
Three residential units offer two-bedroom layouts, varied bath counts, and private outdoor areas.
Property Size3,496 SF
Days on Market177
Property Features for 6416 N Remington Avenue
General Information
Standard status
Pending
Size
3,496 SF
Total Parking Spaces
3
Property subtype
Multi Family
Units
Unit Mix
2 x 2BR/2BA, 1 x 2BR/1BA
Multifamily Units
3
Amenities
private back patio
shared courtyard
Building Details
Year Built
1974
Listing Agency:
Realty Concepts, Ltd. - Fresno
(559) 490-1500
Listed By:
Jeffery R. Starbuck · License #01870813
(559) 284-3756
Source:
Exitrealty
Added: Apr 23
Changed: Oct 6
Last Checked: Oct 12 at 5:28PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Realty Concepts, Ltd. - Fresno
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Investment Insights
Based on property information with market context.
This 3,496-square-foot triplex, built in 1974, contains two two-bedroom, two-bath residences and one two-bedroom, one-bath residence. Each unit is paired with a detached one-car garage and includes a private back patio, while residents also have access to a shared courtyard.
The property is located at 6416 N Remington Avenue in Northwest Fresno, near shopping, dining, and everyday amenities. The unit mix provides three two-bedroom homes within a single multifamily asset, with functional layouts and separate garage accommodations for each residence.
The property is located at 6416 N Remington Avenue in Northwest Fresno, near shopping, dining, and everyday amenities. The unit mix provides three two-bedroom homes within a single multifamily asset, with functional layouts and separate garage accommodations for each residence.
Key Highlights
- 3,496‑square‑foot triplex built in 1974
- Unit mix includes two 2 bed, 2 bath units and one 2 bed, 1 bath unit
- Each unit includes a 1‑car detached garage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$45,790
Cap Rate
6.11%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$915,800
$915.8K
Cap Rate 7%
$654,143
$654.1K
Cap Rate 9%
$508,778
$508.8K
Market Conditions
NOI Build-Up for 3,496 SF
Gross rent
$69.2K $19.80/SF
− Vacancy
−$3.8K −$1.09/SF
EGI
$65.4K $18.71/SF
− OpEx
−$19.6K −$5.61/SF
NOI
$45.8K $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%
$915,800
Cap Rate 7%
$654,143
Cap Rate 9%
$508,778
Alternative Uses
Best Use
Multifamily LT 5
$654.1K
$572.4K – $763.2K
NOI $45,790 @ 7.0% cap · market cap 6.11%
Second Best
Apartment 5plus
$573.0K
$501.4K – $668.6K
NOI $40,113 @ 7.0% cap · market cap 5.35%
Theoretical Best
Office A
$1.03M
$901.4K – $1.20M
NOI $72,115 @ 7.0% cap · market cap 9.62%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
901
Businesses Nearby
Explore this area
Business Placement
Demographics for 93704, CA
28,573
Population
12,165
Households
2.3
Avg Household Size
38
Median Age
35%
College-Educated
90%
High-School Grad
5.4 sq mi
ZIP Area
5,291
Density / Sq Mi
$69,659
Median Household Income
$45,965
Median Earnings
$1,392
Median Rent
$366,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Triplex - Three residential units offer two-bedroom layouts, varied bath counts, and private outdoor areas.
Where is this triplex located?
The property is located at 6416 N Remington Avenue Fresno, CA.
What is the asking price?
The asking price for this property is $749,900.
What are key features of this property?
This property features: 3,496‑square‑foot triplex built in 1974; Unit mix includes two 2 bed, 2 bath units and one 2 bed, 1 bath unit; Each unit includes a 1‑car detached garage
