Gated Courtyard Triplex with
6451 N Wishon Avenue Fresno, CA 93704
6451 N Wishon Avenue, Fresno, CA, 93704
$749,000
For Sale
$749,000
Well-maintained triplex with a gated courtyard, each unit featuring an attached garage and in-unit laundry.
Property Size3,618 SF
Price / SF$207.02
Days on Market43
Property Features for 6451 N Wishon Avenue
General Information
- Standard status
- Active
- Size
- 3,618 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1976
Listing agency
Real Broker
(559) 970-0338
Listed by
Danny Grubb · License #DRE #01883554
(559) 970-0338
Source
Exitrealty
Added: Jun 11 Updated: Jul 22 at 7:12AM Checked: Jul 22 at 7:12AM
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 Real Broker
Investment Insights
Based on property information with market context.
This well-maintained triplex at 6451 N Wishon Avenue features a gated courtyard that serves as a shared outdoor space for the three units. Each unit includes two bedrooms and 1.75 bathrooms, with layouts that vary slightly between units. Practical in-unit living features include in-unit laundry, and each unit also has its own garage.
The property is located in an established Fresno neighborhood and is described as being within the Bullard High School District.
With long-term tenants already in place, the triplex is offered as an income-producing residential income property with proven occupancy stability based on the information provided.
The property is located in an established Fresno neighborhood and is described as being within the Bullard High School District.
With long-term tenants already in place, the triplex is offered as an income-producing residential income property with proven occupancy stability based on the information provided.
Key Highlights
- Well‑maintained triplex built in 1976
- Gated courtyard shared by the three units
- Each unit has 2 bedrooms and 1.75 bathrooms
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 | $71.6k | $19.80 |
| − Vacancy | −$3.9k | −$1.09 |
| EGI | $67.7k | $18.71 |
| − OpEx | −$20.3k | −$5.61 |
| NOI | $47.4k | $13.10 |
3,618 SF · lease $19.80/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$677.0K
$592.3K – $789.8K
NOI $47,387 @ 7.0% cap · market cap 6.33%
Second Best
Apartment 5plus
$593.0K
$518.9K – $691.9K
NOI $41,513 @ 7.0% cap · market cap 5.54%
Theoretical Best
Office A
$1.07M
$932.9K – $1.24M
NOI $74,632 @ 7.0% cap · market cap 9.96%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Triplexes
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FAQs
What type of property is this?
Triplex - Well-maintained triplex with a gated courtyard, each unit featuring an attached garage and in-unit laundry.
Where is this triplex located?
The property is located at 6451 N Wishon Avenue Fresno, CA.
What is the asking price?
The asking price for this property is $749,000.
What are key features of this property?
This property features: Well‑maintained triplex built in 1976; Gated courtyard shared by the three units; Each unit has 2 bedrooms and 1.75 bathrooms
