1361 N Archie Avenue, Fresno, California 93703, Fresno, 93703 - 0 bed, 0 bath
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Fresno, California 93703
This Modern Residential Income Triplex represents a stabilized asset with a List Price of $574,900, reflecting a stable valuation relative to its $554,874 Fair Market Value. Unlike older multi-family stock in the area, this 2004 construction carries a Good Condition Rating with minimal deferred maintenance. The property features high-demand amenities including individual HVAC systems and dedicated garage spaces, supporting consistent occupancy and tenant satisfaction. With two units recently updated and one unit offering significant rent-growth potential, this property is a strategic acquisition for Buy-and-Hold Investors or Portfolio Diversifiers looking for a turnkey, low-maintenance addition to their portfolio.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1361 N Archie Avenue Subject | $574,900* List Price | 0 | 0 | 2,732 | $203 | - |
A 3435 E Mckinley Sold | $549,000 | 0 | 0 | 2,966 | $185 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2004 (22 years old), the property is well-maintained with two units recently updated featuring modern LVP flooring and fresh paint. The inclusion of HVAC in all units and minimal deferred maintenance makes it move-in ready, though the overall age and one long-term tenant unit keep it from an excellent rating.
Built in 2004, this triplex is significantly newer than much of the surrounding multi-family inventory, resulting in minimal deferred maintenance and lower immediate capital expenditure for the buyer.
Each unit features its own HVAC system and dedicated garage space, premium amenities that drive tenant satisfaction, support higher rental rates, and ensure long-term occupancy.
The property is fully occupied and features two recently updated units, offering a stabilized investment with immediate cash flow and a proven track record of tenant retention.
With one tenant in place for approximately 10 years, there is likely a significant gap between the current rent and market rates for that unit, limiting immediate maximum yield.
The property lacks any scenic views and features a standard utilitarian design, which may limit its appeal to a higher-tier tenant demographic compared to more unique or scenic properties.
Take a look at this triplex investment opportunity featuring a well-maintained 2-story building with strong in-place income. This fully occupied 3-unit property offers a desirable unit mix with two fully updated units and one long-term tenant (approx. 10 years), contributing to consistent cash flow. Each unit includes HVAC and garage space, enhancing tenant appeal and supporting long-term occupancy. The property has been well maintained with minimal deferred maintenance and offers potential for future rent growth, making it a great option for investors seeking a low-maintenance asset.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 2,732 | 2,947 | 25% |
| Lot Size | 7,598 | 8,050 | 25% |
| Price | $574.9K | $524.0K | 75% |
| Price per sq ft | $210 | $172 | 75% |
| Built year | 2004 | 1965 | 75% |
| HOA | $0 | $0 | 50% |
| Days on market | 46 | 159 | 25% |
Apr 29, 2026
$574,900
Initial Listing
Sep 17, 2004
$338,000
Public Record