Fourplex With Two-Car
4318 E Fairfax Avenue Fresno, CA 93703
4318 E Fairfax Avenue, Fresno, CA, 93703
$529,900
For Sale
$529,900
MULTI_FAMILY - Fresno, CA
Property Size3,034 SF
Lot Size0.21 Acres
Price / SF$174.65
Days on Market337
Property Features for 4318 E Fairfax Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 8
- Bathrooms
- 4
- Rooms
- Bathroom 2, Bedroom 5, Bathroom 4, Bathroom 3, Bedroom 4, Bedroom 7, Bedroom 3, Bedroom 6, Bedroom 1, Bedroom 8, Bathroom 1, Bedroom 2
- Parking features
- Carport, Covered
- Exterior features
- Brick
- Standard status
- Active
- APN
- 44729108
- Size
- 3,034 SF
- Lot size
- 0.21 Acres
Building Details
- Year built
- 1950
- Floors in Building
- 1
- Number of units
- 4
- Roof type
- Composition
Listing Agency
Realty Concepts, Ltd. - Fresno
(559) 490-1500
575 E Alluvial Ste. 101, Fresno, CA
Listed by
Frank Dickinson · License #01902492
(559) 490-1500
Added: Aug 15, 2025 Checked: Jul 17 at 12:06 am
MLS# 635486
Listing URL
Copyright © 2026 Fresno Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This fourplex includes four residential units, and each unit features two bedrooms and one bathroom with laundry hookups. A new roof was installed in 2021. Two of the units also include garages.
The property is located at 4318 E Fairfax Avenue in Fresno, California (Fresno County) and sits on a 0.208-acre lot.
The building is currently fully occupied by long-term tenants.
The property is located at 4318 E Fairfax Avenue in Fresno, California (Fresno County) and sits on a 0.208-acre lot.
The building is currently fully occupied by long-term tenants.
Key Highlights
- 4‑plex in Fresno with four units, each offering 2 bedrooms and 1 bathroom
- Long‑term tenants in place and the property is fully occupied
- Laundry hookups included for each unit
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 |
3,034 SF · lease $19.80/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$567.7K
$496.7K – $662.3K
NOI $39,738 @ 7.0% cap · market cap 7.50%
Second Best
Apartment 5plus
$497.3K
$435.2K – $580.2K
NOI $34,812 @ 7.0% cap · market cap 6.57%
Theoretical Best
Office A
$894.1K
$782.3K – $1.04M
NOI $62,585 @ 7.0% cap · market cap 11.81%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Quadplex - Four residential units each offer two bedrooms and one bathroom with laundry hookups, with a new roof installed in 2021.
Where is this quadplex located?
The property is located at 4318 E Fairfax Avenue Fresno, CA.
What is the asking price?
The asking price for this property is $529,900.
What are key features of this property?
This property features: 4‑plex in Fresno with four units, each offering 2 bedrooms and 1 bathroom; Long‑term tenants in place and the property is fully occupied; Laundry hookups included for each unit
