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    Fresno Fourplex Investment Opportunity Title is generated by Realmo AI

    4318 E Fairfax Avenue, Fresno, CA 93703

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    Pending
    $529,900

    MULTI_FAMILY - Fresno, CA

    Property size:
    3,034 SF
    Lot size:
    0.21 Acres
    Added:
    Aug 15, 2025
    Days on Market:
    299
    Last Refresh:
    Jun 9 at 10:06 pm

    Property Features for 4318 E Fairfax Avenue

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    8
    Bathrooms
    4
    Rooms
    Bedroom 4, Bedroom 3, Bathroom 2, Bedroom 1, Bedroom 2, Bathroom 1, Bedroom 7, Bedroom 8, Bedroom 6, Bathroom 3, Bedroom 5, Bathroom 4
    Parking features
    Covered, Carport
    Exterior features
    Brick
    Standard status
    Pending
    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

    We can help!

    Listing Contact
    Frank Dickinson

    Listing agent Frank Dickinson

    Listing office Realty Concepts, Ltd. - Fresno 575 E Alluvial Ste. 101, Fresno, CA

    Listing date Aug 15, 2025

    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.

    HighLights

    • Excellent investment opportunity in a 4‑plex.
    • Each unit features 2 bedrooms and 1 bathroom with laundry hookups.
    • New roof installed in 2021.
    • Two units include garages.
    • Property is fully occupied with long‑term tenants.
    • Located in the heart of Fresno.

    Overview

    This fourplex is located in Fresno, California, offering an investment opportunity. Each of the four units includes two bedrooms and one bathroom, as well as laundry hookups. A new roof was installed in 2021. Two of the units have garages. The property is currently fully occupied by long-term tenants, presenting the potential for future rent increases. The lot size is 0.208 acres. The property size is 3034 square feet.

    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 (±1% cap)
    NOI $39,738 @ 7.0% cap · market cap 7.50%
    Second Best
    Apartment 5plus
    $497.3K
    $435.2K – $580.2K (±1% cap)
    NOI $34,812 @ 7.0% cap · market cap 6.57%
    Theoretical Best
    Office A
    $894.1K
    $782.3K – $1.04M (±1% cap)
    NOI $62,585 @ 7.0% cap · market cap 11.81%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fresno
    County
    Fresno
    State
    California
    Longitude
    -119.753406
    Latitude
    36.765781

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    FAQs

    What type of property is this?
    Quadplex - Four-unit property in Fresno with long-term tenants.
    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: Excellent investment opportunity in a 4‑plex.; Each unit features 2 bedrooms and 1 bathroom with laundry hookups.; New roof installed in 2021.
    (559) 490-1500
    We can help!
    Listing Contact
    Frank Dickinson
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