728 W Vassar Avenue N Fresno, CA 93705
MULTI_FAMILY - Fresno, CA
Property Features for 728 W Vassar Avenue N
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 4
- Rooms
- Bedroom 3, Bathroom 2, Bedroom 5, Bathroom 3, Bedroom 4, Bathroom 1, Bedroom 2, Bathroom 4, Bedroom 6, Bedroom 1
- Parking features
- Carport, Covered
- Exterior features
- Stucco, Wood
- Standard status
- Active
- APN
- 44404118
- Size
- 2,452 SF
- Lot size
- 0.20 Acres
Building Details
- Year built
- 2022
- Floors in Building
- 1
- Number of units
- 2
- Roof type
- Composition
Listing agent Keyvan Abedi (559) 439-4653
Listing office Better Homes & Garden Real Estate GoldLeaf 680 W SHAW AVE SUITE 202, Fresno, CA (559) 439-4653
Listing date Jun 29, 2026
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.
The property includes two fully paid 10-panel solar systems, with separate PG&E and water meters for each unit. One unit is currently leased, while the second unit is vacant and ready for a new tenant or immediate move-in. There is no HOA. The address is 728 W Vassar Avenue N, Fresno, CA 93705.
For tenants, the configuration provides true privacy with separate metering and laundry in-unit. For buyers, the duplex structure supports flexibility: you can start with immediate rental income from the leased unit while positioning the vacant unit for occupancy. The combination of finished garages with EV fast chargers and solar included on-site can help reduce day-to-day energy complexity compared to one-metric shared setups.
Key Highlights
- Duplex built in 2022 with two single‑story units, each offering 3 bedrooms and 2 bathrooms
- Each unit has approximately 1,226 SF of living space with open‑concept floor plans and spacious kitchens
- Both residences include finished 1‑car garages with EV fast chargers and in‑unit washer and dryer
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 | $48.5k | $19.80 |
| − Vacancy | −$2.7k | −$1.09 |
| EGI | $45.9k | $18.71 |
| − OpEx | −$13.8k | −$5.61 |
| NOI | $32.1k | $13.10 |
