4318 E Fairfax Avenue, Fresno, CA 93703
A fully occupied fourplex in Fresno featuring four two-bedroom, one-bath units with laundry hookups.
- Added:
- Aug 16, 2025
- Days on Market:
- 316
- Last Refresh:
- Jun 25 at 8:53 pm
Property Features for 4318 E Fairfax Avenue
General Information
- Standard status
- Active
- Size
- 3,034 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1950
Listing office Realty Concepts, Ltd. - Fresno (559) 916-9280
Listing date Aug 16, 2025
Source Exitrealty
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Realty Concepts, Ltd. - Fresno
HighLights
- Fully occupied 4‑plex in Fresno with four long‑term tenant units
- Each unit offers 2 bedrooms and 1 bathroom
- Laundry hookups available in each unit
- New roof installed in 2021
- Two units include garages
- Potential for future rent increases noted with current long‑term tenancy
Overview
The property is located at 4318 E Fairfax Avenue in Fresno, CA 93703. It is currently fully occupied by long-term tenants, providing consistent occupancy at the time of sale.
For buyers and investors seeking a small multifamily asset with straightforward unit layouts, this property combines four repeatable two-bedroom floorplans with in-unit laundry hookups. The 2021 roof is a notable capital improvement, and the presence of garages for half of the units can be an added amenity for tenant retention and day-to-day convenience. Please contact your Realtor for additional details or to discuss next steps.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $60.1k | $19.80 |
| − Vacancy | −$3.3k | −$1.09 |
| EGI | $56.8k | $18.71 |
| − OpEx | −$17.0k | −$5.61 |
| NOI | $39.7k | $13.10 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Fresno
- County
- Fresno
- State
- California
- Longitude
- -119.75339
- Latitude
- 36.76581
