New Triplex in Growing
5454 W Fairmont Avenue Fresno, CA 93722
5454 W Fairmont Avenue, Fresno, CA, 93722
$1,170,000
For Sale
$1,170,000
MULTI_FAMILY - Fresno, CA
Property Size5,505 SF
Lot Size0.21 Acres
Price / SF$212.53
Days on Market106
Property Features for 5454 W Fairmont Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Triplex
- Bedrooms
- 9
- Bathrooms
- 7
- Rooms
- Bedroom 7, Bedroom 1, Bedroom 3, Bathroom 7, Bedroom 6, Bedroom 2, Bedroom 9, Bathroom 3, Bathroom 4, Bathroom 2, Bathroom 5, Bathroom 6, Bedroom 4, Bedroom 5, Bedroom 8, Bathroom 1
- Exterior features
- Stucco
- Standard status
- Active
- APN
- NEW/UNDER CONSTRUCTION/NA
- Size
- 5,505 SF
- Lot size
- 0.21 Acres
Building Details
- Floors in Building
- 2
- Number of units
- 3
- Roof type
- Composition
Listing agency
Realty Concepts, Ltd. - Fresno
(559) 490-1500
Listed by
Jovanny Bravo
(559) 490-1500
Added: Apr 8 Updated: Jul 21 at 3:25PM Checked: Jul 22 at 1:06PM
MLS# 646701
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.
Located in Fresno, CA, 5454 W Fairmont is a new triplex offering income potential and modern living. This turnkey property is suitable for investors or owner-occupants seeking rental income. Each of the three units includes 3 bedrooms, 2.5 bathrooms, and approximately 1,835 square feet of living space. The units feature modern layouts, private laundry rooms, and attached 2-car garages. The property is projected to generate approximately $2,200 per unit, totaling around $6,600 per month. The new owner would benefit from a newly built triplex with minimal maintenance and modern systems. This triplex offers stability, flexibility, and long-term growth potential in the Fresno market. The property is situated on a lot of approximately 0.2071 acres and the building size is approximately 5,505 square feet.
Key Highlights
- Brand‑new triplex at 5454 W Fairmont in Fresno, each unit offering 3 bedrooms and 2.5 bathrooms
- Approximately 1,835 SF of living space per unit, with modern layouts and private laundry rooms
- Attached 2‑car garages 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 | $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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
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FAQs
What type of property is this?
Triplex - New triplex with income potential in Fresno's growing area.
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 triplex at 5454 W Fairmont in Fresno, each unit offering 3 bedrooms and 2.5 bathrooms; Approximately 1,835 SF of living space per unit, with modern layouts and private laundry rooms; Attached 2‑car garages for each unit
