thank you
Your email has been sent.
321 W Minarets Ave 321 W Minarets Ave 2 Unit Apartment Building $395,000 ($197,500/Unit) 5.84% Cap Rate Fresno, CA 93650
EXECUTIVE SUMMARY
New Duplex Investment Opportunity in Fresno County
We’re excited to present a well-located duplex at 321 W Minarets Ave in Pinedale, a desirable neighborhood within the City of Fresno. Priced at $395,000, this value-add opportunity features two spacious 2-bedroom, 1-bathroom units, one of which has been recently renovated. Both units will be delivered vacant, allowing investors to immediately set market rents or an owner-user to occupy one side.
Pinedale is a growing submarket in Fresno County, known for its strong rental demand, proximity to shopping and dining at River Park, and access to the highly rated Clovis Unified School District. Residents enjoy a great quality of life with nearby parks, restaurants like Dog House Grill and Pismo’s Coastal Grill, and easy access to CSU Fresno and major freeways.
With excellent fundamentals and both units vacant, 321 W Minarets Ave is an ideal opportunity for those looking to invest in one of Central California’s most promising markets.
We’re excited to present a well-located duplex at 321 W Minarets Ave in Pinedale, a desirable neighborhood within the City of Fresno. Priced at $395,000, this value-add opportunity features two spacious 2-bedroom, 1-bathroom units, one of which has been recently renovated. Both units will be delivered vacant, allowing investors to immediately set market rents or an owner-user to occupy one side.
Pinedale is a growing submarket in Fresno County, known for its strong rental demand, proximity to shopping and dining at River Park, and access to the highly rated Clovis Unified School District. Residents enjoy a great quality of life with nearby parks, restaurants like Dog House Grill and Pismo’s Coastal Grill, and easy access to CSU Fresno and major freeways.
With excellent fundamentals and both units vacant, 321 W Minarets Ave is an ideal opportunity for those looking to invest in one of Central California’s most promising markets.
PROPERTY FACTS
| Price | $395,000 | Property Subtype | Apartment |
| Price Per Unit | $197,500 | Building Class | C |
| Sale Type | Investment | Lot Size | 1.52 AC |
| Cap Rate | 5.84% | Building Size | 1,561 SF |
| Sale Condition | 1031 Exchange | No. Stories | 1 |
| Gross Rent Multiplier | 10.29 | Year Built | 1949 |
| No. Units | 2 | Parking Ratio | 1.28/1,000 SF |
| Property Type | Multifamily | ||
| Zoning | R1 - Apartments | ||
| Price | $395,000 |
| Price Per Unit | $197,500 |
| Sale Type | Investment |
| Cap Rate | 5.84% |
| Sale Condition | 1031 Exchange |
| Gross Rent Multiplier | 10.29 |
| No. Units | 2 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 1.52 AC |
| Building Size | 1,561 SF |
| No. Stories | 1 |
| Year Built | 1949 |
| Parking Ratio | 1.28/1,000 SF |
| Zoning | R1 - Apartments |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 2 | $1,600 | - |
1 of 1
Walk Score®
Very Walkable (77)
PROPERTY TAXES
| Parcel Number | 303-073-26 | Improvements Assessment | $73,572 |
| Land Assessment | $29,682 | Total Assessment | $103,254 |
PROPERTY TAXES
Parcel Number
303-073-26
Land Assessment
$29,682
Improvements Assessment
$73,572
Total Assessment
$103,254
1 of 5
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
321 W Minarets Ave | 321 W Minarets Ave
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.