728 N Palm AVE, Fresno, CA 93728
Fully occupied duplex with separate laundry hookups and HVAC in the front home.
- Added:
- Jun 17, 2026
- Days on Market:
- 11
- Last Refresh:
- Jun 27 at 5:55 am
Property Features for 728 N Palm AVE
General Information
- Standard status
- Active
- Size
- 1,544 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1941
Listing office eXp Realty of Greater Los Angeles, Inc (559) 246-4905
Listing date Jun 17, 2026
Source Exitrealty
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 eXp Realty of Greater Los Angeles, Inc
HighLights
- Two homes on one lot, both currently occupied and leased
- Front home: approx. 928 SF, 2 bed/1 bath, updated kitchen cabinetry and granite countertops, with HVAC
- Rear home: approx. 616 SF, 1 bed/1 bath, granite surfaces, LVP flooring, and evaporative cooling
- Total combined approx. 1,544 SF with each home having its own private laundry hookups
- Leases and expense document available for review
Overview
The rear home provides approximately 616 square feet with one bedroom and one bathroom, with granite surfaces and LVP flooring. The rear unit is cooled with evaporative cooling and also includes its own private laundry hookups.
For buyers seeking a residential income property, the layout supports separate living arrangements while keeping both units under one ownership structure. With both homes leased and available lease and expense documentation for review, the property may fit an owner-operator or investor looking for an occupied two-unit setup. Both units have private laundry connections, which can simplify tenant day-to-day functionality.
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 | $30.6k | $19.80 |
| − Vacancy | −$1.7k | −$1.09 |
| EGI | $28.9k | $18.71 |
| − OpEx | −$8.7k | −$5.61 |
| NOI | $20.2k | $13.10 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Fresno
- County
- Fresno
- State
- California
- Longitude
- -119.80824
- Latitude
- 36.752686
