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5454 W Fairmont Avenue, Fresno, CA, 93722
New Triplex with Attached Garages

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
Listed By: Jovanny Bravo · License #02139174
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.

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 (±1% cap)
NOI $64,034 @ 7.0% cap · market cap 5.47%
Second Best
Apartment 5plus
$820.5K
$717.9K – $957.2K (±1% cap)
NOI $57,432 @ 7.0% cap · market cap 4.91%
Theoretical Best
Office A
$1.17M
$1.03M – $1.37M (±1% cap)
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

Triplexes

Suggested Use

Top Pick Dental Office Law Firm Hair Salon Barber Shop (Bike/Boat/Book/etc) Store Electrical Service

Zoning and permitted uses should be independently verified with authorities.

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
More about this property
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