Three-Home
For Sale
$469,000
808 A Street, Fresno, CA 93706
The three residences provide one-, two-, and three-bedroom layouts, with updates throughout each home.
Property Size2,042 SF
Price / SF$229.68
Days on Market52
Property Features for 808 A Street
General Information
Standard status
Active
Size
2,042 SF
Property subtype
Triplex
Site & Location
Neighborhood
Downtown
Units
Unit Mix
1 x 3BR/1.5BA, 1 x 2BR/1BA, 1 x 1BR/1BA
Multifamily Units
3
Building Details
Building Size
2,042 SF
Year Built
1922
Buildings
3
Construction
craftsman style
Listing Agency:
Markendorf and Associates
Listed By:
Daniel Markendorf · License #01501434
(559) 385-1116
Source:
Pinkkeyrealestate
Added: Sep 12
Changed: Oct 30
Last Checked: Oct 30 at 3:27PM
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 Markendorf and Associates
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Investment Insights
Based on property information with market context.
This 2,042-square-foot triplex consists of three separate homes, built in 1922. The front residence has three bedrooms and 1.5 bathrooms; the second offers two bedrooms and one bathroom; and the third has one bedroom and one bathroom. All three homes have been remodeled, with new roofs, dual-pane vinyl windows, flooring, and paint. Kitchens and bathrooms feature quartz or granite countertops, along with new sinks and appliances.
The two rear homes have tankless water heaters. The property’s three-home configuration and varied bedroom counts provide a range of residential layouts within one multifamily asset.
The two rear homes have tankless water heaters. The property’s three-home configuration and varied bedroom counts provide a range of residential layouts within one multifamily asset.
Key Highlights
- Three residences totaling 2,042 square feet
- Bedroom and bath mix: 3‑bedroom/1.5‑bath, 2‑bedroom/1‑bath, and 1‑bedroom/1‑bath homes
- All three homes remodeled with new roofs, dual‑pane vinyl windows, flooring, and paint
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,746
Cap Rate
5.70%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$534,920
$534.9K
Cap Rate 7%
$382,086
$382.1K
Cap Rate 9%
$297,178
$297.2K
Market Conditions
NOI Build-Up for 2,042 SF
Gross rent
$40.4K $19.80/SF
− Vacancy
−$2.2K −$1.09/SF
EGI
$38.2K $18.71/SF
− OpEx
−$11.5K −$5.61/SF
NOI
$26.7K $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 Rate 5%
$534,920
Cap Rate 7%
$382,086
Cap Rate 9%
$297,178
Alternative Uses
Best Use
Multifamily LT 5
$382.1K
$334.3K – $445.8K
NOI $26,746 @ 7.0% cap · market cap 5.70%
Second Best
Apartment 5plus
$334.7K
$292.9K – $390.5K
NOI $23,430 @ 7.0% cap · market cap 5.00%
Theoretical Best
Office A
$601.7K
$526.5K – $702.0K
NOI $42,122 @ 7.0% cap · market cap 8.98%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
1,093
Businesses Nearby
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Business Placement
Demographics for 93706, CA
40,965
Population
12,239
Households
3.3
Avg Household Size
31
Median Age
9%
College-Educated
62%
High-School Grad
158.5 sq mi
ZIP Area
258
Density / Sq Mi
$40,023
Median Household Income
$28,495
Median Earnings
$1,129
Median Rent
$227,600
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 - The three residences provide one-, two-, and three-bedroom layouts, with updates throughout each home.
Where is this triplex located?
The property is located at 808 A Street Fresno, CA.
What is the asking price?
The asking price for this property is $469,000.
What are key features of this property?
This property features: Three residences totaling 2,042 square feet; Bedroom and bath mix: 3‑bedroom/1.5‑bath, 2‑bedroom/1‑bath, and 1‑bedroom/1‑bath homes; All three homes remodeled with new roofs, dual‑pane vinyl windows, flooring, and paint
