Tenant-Occupied
For Sale
$379,000
Pending
831 Forrester Court, Porterville, CA 93257
Residential Income, Porterville, CA
Property Size2,184 SF
Lot Size0.21 Acres
Days on Market93
Property Features for 831 Forrester Court
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
7
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 4, Bedroom 7, Bedroom 1, Bathroom 2, Bedroom 3, Bathroom 3, Bedroom 5, Bedroom 4, Bedroom 2, Bathroom 1, Bedroom 6
Interior features
Tile Counters
Directions
From the corner of E Putnam Ave and N Leggett St - head south on N Leggett St then East on Oak Ave. The street turns to the south and becomes Doree St, continue until Forrester Ct and turn west on Forrester Ct.
Subdivision
Porterville SE
Standard status
Pending
APN
254102043000
Size
2,184 SF
Lot size
0.21 Acres
Utilities
Sewer type
Public Sewer
Water source
Public
Building Details
Year built
1991
Floors in Building
1
Number of units
2
Roof type
Composition
Listing Agency:
Century 21 Select Real Estate · Century 21 Real Estate
(559) 733-9696
Listed By:
Anita Naranjo
(559) 331-5242
Added: Jul 16
Changed: Oct 5
Last Checked: Oct 16 at 8:06AM
MLS# 242901
Copyright © 2026 Tulare County MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This duplex property includes two separate homes on a 0.21-acre parcel, with each residence measuring 1,092 square feet and a combined property size of 2,184 square feet. Both homes are tenant occupied. The residences include tile counters, composition roofing, and a total of seven bedrooms and four bathrooms. The improvements were built in 1991.
Located at 831 Forrester Court in Porterville, California, the property is served by public water and public sewer. Its configuration provides two residential units within one legal parcel, with existing occupancy in place. Tenant access is subject to 24-hour notice.
Located at 831 Forrester Court in Porterville, California, the property is served by public water and public sewer. Its configuration provides two residential units within one legal parcel, with existing occupancy in place. Tenant access is subject to 24-hour notice.
Key Highlights
- Two homes on a single 0.21‑acre lot
- Each home measures 1,092 square feet; combined property size is 2,184 square feet
- Both homes are tenant occupied
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,735
Cap Rate
5.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$394,700
$394.7K
Cap Rate 7%
$281,929
$281.9K
Cap Rate 9%
$219,278
$219.3K
Market Conditions
NOI Build-Up for 2,184 SF
Gross rent
$30.1K $13.80/SF
− Vacancy
−$1.9K −$0.89/SF
EGI
$28.2K $12.91/SF
− OpEx
−$8.5K −$3.87/SF
NOI
$19.7K $9.04/SF
Area
Tulare County, CA
Vacancy
6.46%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$394,700
Cap Rate 7%
$281,929
Cap Rate 9%
$219,278
Alternative Uses
Best Use
Multifamily LT 5
$281.9K
$246.7K – $328.9K
NOI $19,735 @ 7.0% cap · market cap 5.21%
Second Best
Apartment 5plus
$259.1K
$226.7K – $302.3K
NOI $18,136 @ 7.0% cap · market cap 4.79%
Theoretical Best
Specialty Retail
$663.4K
$580.5K – $774.0K
NOI $46,437 @ 7.0% cap · market cap 12.25%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
2
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
214
Businesses Nearby
Explore this area
Business Placement
Demographics for 93257, CA
79,569
Population
25,020
Households
3.2
Avg Household Size
31
Median Age
15%
College-Educated
69%
High-School Grad
378.9 sq mi
ZIP Area
210
Density / Sq Mi
$58,261
Median Household Income
$30,344
Median Earnings
$1,086
Median Rent
$276,400
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Two homes share one parcel with public water and sewer service.
Where is this duplex located?
The property is located at 831 Forrester Court Porterville, CA.
What is the asking price?
The asking price for this property is $379,000.
What are key features of this property?
This property features: Two homes on a single 0.21‑acre lot; Each home measures 1,092 square feet; combined property size is 2,184 square feet; Both homes are tenant occupied
