
Fresno, California 93702
Are you looking for an investment opportunity? Consider this occupied duplex. One unit is a 2-bedroom 1 bathroom and the second unit is a 1 bedroom 1 bathroom. Unit rent for the two-bedroom is $1,550 per month and the 1-bedroom unit is $1,300 a month. The property has a large backyard and a shared 2 car garage. Laundry facility is in the garage. The detached garage currently has burn damage. Please do not disturb tenants. Showings will be set accordingly. Tenants will remain. Please do not request for the property to be vacated.
Property is extensive renovation needed.
Built in 1949, this property is over 75 years old and suffers from significant structural defects, specifically noted burn damage to the detached garage. While currently tenant-occupied, the age and fire damage indicate a need for major rehabilitation and safety updates.
The property is fully occupied with a total monthly rental income of $2,850, providing investors with immediate revenue and a strong gross yield relative to the list price.
Listed at $299,900 with a gross annual income of $34,200, this duplex offers an attractive price-to-rent ratio that outperforms many residential income opportunities in the region.
The generous 7,800 square foot lot includes a large backyard, offering significant potential for future value-add improvements or the addition of an Accessory Dwelling Unit (ADU).
The detached garage has sustained burn damage, which will require immediate capital expenditure for repairs and may complicate traditional financing or insurance coverage.
The property is being sold with tenants in place and a requirement that they remain, making it unsuitable for owner-occupants or investors seeking to immediately renovate and re-tenant at market rates.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.5 |
| Baths | 0.0 | 3.0 |
| Square foot | 1,532 | 1,975.455 |
| Lot Size | 7,800 | 9,170.818 |
| Price | $299.9K | $534.8K |
| Price per sq ft | $196 | $155.5K |
| Built year | 1949 | 1981 |
| HOA | $0 | $0 |
| Days on market | 33 | 81 |
Sep 21, 2026
$299,900
Initial Listing
Aug 1, 2025
$255,000
Public Record
Nov 18, 2019
$100,000
Public Record
Apr 11, 2001
$53,000
Public Record