New Triplex with Attached
5454 W Fairmont Avenue Fresno, CA 93722
For Sale
$1,170,000
Brand-new triplex in Fresno offers three units, each with private laundry and an attached two-car garage.
Property Size5,505 SF
Price / SF$212.53
Days on Market111
Property Features for 5454 W Fairmont Avenue
General Information
Standard status
Active
Size
5,505 SF
Property subtype
Multi Family
Listing Agency:
Realty Concepts, Ltd. - Fresno
(559) 492-2107
Listed By:
Jovanny Bravo · License #02139174
(559) 492-2107
Source:
Exitrealty
Added: Apr 9
Changed: Jul 23
Last Checked: Jul 27 at 4:59AM
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
Investment Insights
Based on property information with market context.
5454 W Fairmont is a brand-new triplex designed for low-maintenance, modern rental living. The property features three spacious units, and each unit includes 3 bedrooms and 2.5 bathrooms. Each unit also offers private laundry and an attached 2-car garage, providing convenient, functional day-to-day storage and parking.
Located at 5454 W Fairmont Avenue in Fresno, CA 93722, the home is presented as a turnkey investment. The public remarks indicate projected rental income of approximately $2,200 per unit, or around $6,600 per month in total.
For buyers seeking an owner-occupant option, the layout supports flexibility to live in one unit while renting the others, while investors can look to a newly built triplex with modern systems and an income-focused configuration.
Located at 5454 W Fairmont Avenue in Fresno, CA 93722, the home is presented as a turnkey investment. The public remarks indicate projected rental income of approximately $2,200 per unit, or around $6,600 per month in total.
For buyers seeking an owner-occupant option, the layout supports flexibility to live in one unit while renting the others, while investors can look to a newly built triplex with modern systems and an income-focused configuration.
Key Highlights
- Brand‑new Fresno triplex with 3 units and modern living layouts
- Each unit has 3 bedrooms and 2.5 bathrooms with approximately 1,835 SF total per unit
- Private laundry rooms in every unit
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 | $95.8k | $17.40 |
| − Vacancy | −$4.3k | −$0.78 |
| EGI | $91.5k | $16.62 |
| − OpEx | −$27.4k | −$4.99 |
| NOI | $64.0k | $11.63 |
5,505 SF · lease $17.40/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$914.8K
$800.4K – $1.07M
NOI $64,034 @ 7.0% cap · market cap 5.47%
Second Best
Apartment 5plus
$820.5K
$717.9K – $957.2K
NOI $57,432 @ 7.0% cap · market cap 4.91%
Theoretical Best
Office A
$1.17M
$1.03M – $1.37M
NOI $82,126 @ 7.0% cap · market cap 7.02%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Triplex - Brand-new triplex in Fresno offers three units, each with private laundry and an attached two-car garage.
Where is this triplex located?
The property is located at 5454 W Fairmont Avenue Fresno, CA.
What is the asking price?
The asking price for this property is $1,170,000.
What are key features of this property?
This property features: Brand‑new Fresno triplex with 3 units and modern living layouts; Each unit has 3 bedrooms and 2.5 bathrooms with approximately 1,835 SF total per unit; Private laundry rooms in every unit