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Tenant-Occupied Duplex
New
For Sale
$369,900

909 W Noble Avenue, Visalia, CA 93277

Residential Income, Visalia, CA

Property Size1,619 SF
Lot Size0.15 Acres
Price / SF$228.47
Days on Market3

Property Features for 909 W Noble Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 2, Bedroom 3, Bathroom 1, Bedroom 1, Bedroom 4, Bedroom 2
Directions Duplex off of SW corner of Noble and Conyer.
Subdivision Visalia SE
Standard status Active
APN 096125004000
Size 1,619 SF
Lot size 0.15 Acres

Additional Details

Tenant in Place Yes

Utilities

Sewer type Public Sewer
Heating system Central
Cooling system Central Air
Water source Public

Building Details

Year built 1977
Floors in Building 1
Number of units 2
Flooring type Laminate
Roof type Composition
Listing Agency: Avedian Properties Company
Listed By: John David Vega
Added: Oct 27 Changed: Oct 28 Last Checked: Oct 29 at 11:06PM
MLS# 244828

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.

Rey
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Investment Insights

Based on property information with market context.

This 1,619-square-foot duplex in Visalia contains two residences, each configured with two bedrooms and one bathroom. Both are tenant-occupied. The property was built in 1977 and sits on a 0.15-acre lot. Central heating and central air conditioning serve the units; the property also has laminate flooring, a composition roof, public water, and public sewer.

Resident parking is provided. The property is near downtown Visalia, with shopping, restaurants, and local businesses in the surrounding area.

Key Highlights

  • Two residences, each with 2 bedrooms and 1 bathroom
  • Both units are tenant‑occupied
  • 1,619 square feet on a 0.15‑acre lot

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$14,629
Cap Rate
3.95%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$292,580 $292.6K
Cap Rate 7%
$208,986 $209.0K
Cap Rate 9%
$162,544 $162.5K
Market Conditions
NOI Build-Up for 1,619 SF
Gross rent
$22.3K $13.80/SF
− Vacancy
−$1.4K −$0.89/SF
EGI
$20.9K $12.91/SF
− OpEx
−$6.3K −$3.87/SF
NOI
$14.6K $9.04/SF
Area
Visalia, 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%
$292,580
Cap Rate 7%
$208,986
Cap Rate 9%
$162,544

Alternative Uses

Best Use
Multifamily LT 5
$209.0K
$182.9K – $243.8K (±1% cap)
NOI $14,629 @ 7.0% cap · market cap 3.95%
Second Best
Apartment 5plus
$192.1K
$168.1K – $224.1K (±1% cap)
NOI $13,444 @ 7.0% cap · market cap 3.63%
Theoretical Best
Office A
$443.5K
$388.1K – $517.4K (±1% cap)
NOI $31,046 @ 7.0% cap · market cap 8.39%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

2
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

2,747
Businesses Nearby

Demographics for 93277, CA

53,196
Population
19,434
Households
2.7
Avg Household Size
37
Median Age
23%
College-Educated
90%
High-School Grad
39.4 sq mi
ZIP Area
1,350
Density / Sq Mi
$79,532
Median Household Income
$43,555
Median Earnings
$1,406
Median Rent
$320,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Both residences have two bedrooms and one bathroom and are currently occupied by tenants.
Where is this duplex located?
The property is located at 909 W Noble Avenue Visalia, CA.
What is the asking price?
The asking price for this property is $369,900.
What are key features of this property?
This property features: Two residences, each with 2 bedrooms and 1 bathroom; Both units are tenant‑occupied; 1,619 square feet on a 0.15‑acre lot
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