329 N Diana, Fresno, California 93701, Fresno, 93701 - bed, bath

329 N Diana
Fresno, California 93701
Property Price
SUMMARY
Analysis of 329 N Diana, Fresno, California 93701 is currently available with a list price of $498,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Fresno Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
The property meets the criteria for excellent condition due to an extensive interior renovation completed in 2023 and a brand-new roof installed in 2025. The units feature modern upgrades including luxury vinyl flooring, updated bathrooms, and stainless steel appliances. Since the major systems and cosmetic finishes were updated within the last 5 years, the property shows minimal physical depreciation and meets current market quality standards.
PROSSTRENGTHS & OPPORTUNITIES
- Recent Capital Improvements
The property features extensive 2023 interior remodels including vinyl flooring and stainless appliances, plus a brand-new roof installed in 2025, minimizing immediate CAPEX for a new owner.
- Strategic Rental Location
Proximity to Downtown Fresno and the Community Regional Medical Center ensures a steady stream of high-demand tenants, including healthcare professionals and downtown workforce.
- Favorable Utility Configuration
Most utilities are separately metered and units include in-unit laundry, which significantly reduces owner operating expenses and increases long-term tenant retention.
CONSRISKS & DEFICIENCIES
- Limited Outdoor Space
The 4,875 square foot lot is relatively compact for a triplex, leaving minimal private yard space or common outdoor areas for tenant recreation.
- Neighborhood Appreciation Ceiling
While strong for cash flow, the central 93701 corridor may experience slower long-term capital appreciation compared to higher-growth suburban submarkets in Fresno.
About 329 N Diana
Well-maintained and thoughtfully updated, this triplex at 329 N. Diana Street offers a strong investment opportunity in a central Fresno rental corridor known for consistent tenant demand. Originally built in 1981, the property was remodeled in 2023 with extensive interior improvements that created clean, modern, and durable living spaces designed for long-term performance rather than short-term cosmetic appeal. Each unit features updated finishes including vinyl flooring, updated bathrooms, stainless steel appliances, and open-concept floor plans that provide excellent natural light. In-unit laundry adds everyday convenience for tenants and supports long-term retention. The unit mix is functional and well-suited for workforce housing, making the property especially attractive for both traditional renters and Section 8 housing. The building has been maintained with ownership efficiency in mind, including a newer roof installed in 2025. Most utilities are separately metered, helping streamline management and control operating expenses. The property also offers ample parking in both the front and rear, a valuable amenity in this centrally located neighborhood. Positioned just minutes from Downtown Fresno and near Community Regional Medical Center, the property benefits from proximity to one of the area’s largest employment centers, along with access to major transportation routes, public transit, and everyday services. This location supports steady rental demand and long-term occupancy stability. Diana Street presents a solid, income-producing multifamily asset with practical upgrades, strong rental appeal, and a location that continues to attract tenants seeking affordability close to employment hubs. Its condition, layout, and accessibility make it an excellent fit for investors looking for stable cash flow in an established rental market.
Property Details
Public Facts
- Property Type
- Triplex
- Year Built
- 1981
- Lot Size
- 4,875 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 0% |
| Baths | - | - | 0% |
| Square foot | - | - | 0% |
| Lot Size | - | - | 0% |
| Price | - | - | 0% |
| Price per sq ft | - | - | 0% |
| Built year | 1981 | - | 0% |
| HOA | $0 | $0 | 0% |
| Days on market | - | - | 0% |
Pricing History
Listed for Sale
Feb 19, 2026
$498,000
Initial Listing
Sold
Oct 27, 2023
$440,000
Public Record
Sold
May 30, 2023
$360,000
Public Record
Sold
Dec 21, 2018
$180,000
Public Record





























