$899,000

3357 E Fairmont Ave Fresno, CA 93726

Hoover Neighborhood

Estimated payment $5,821/month

Total Views 1,439
8 Beds
4 Baths
3,136 Sq Ft
$287 Price per Sq Ft

Highlights

  • Multiple Fireplaces
  • 1-Story Property
  • Central Air

About This Home

8-Unit Investment Opportunity | Fully Occupied | 6.76% Cap Rate | $1,650,000Presenting a rare opportunity to acquire two side-by-side fourplexes located at 3357 & 3365 E Fairmont Ave, Fresno, CA 93726. These well-maintained, income-producing properties offer a total of 8 units, each consisting of 2 bedrooms and 1 bathroom, with dedicated covered carport parking for tenants.The property is currently fully occupied, generating $11,425 in monthly gross rents, delivering a 6.76% cap rate at the current asking price. A shared on-site laundry facility offers added convenience for tenants and provides additional income potential for the owner.Recent upgrades include dual-pane windows installed within the past few years, enhancing energy efficiency and tenant satisfaction.Strategically located just south of the East Shaw Ave Retail Corridor, residents enjoy proximity to Fashion Fair Mall, restaurants, shopping, and California State University Fresno, making this an attractive rental location.🔹 8 Units Total - Can Be Sold Together🔹 $1,650,000 Total Asking Price for 8 Units🔹 Turnkey Investment🔹 Fully Occupied - Immediate Cash Flow🔹 On-site Laundry for Extra Income🔹 Updated Dual-Pane Windows🔹 Strong Rental Area Near CSU Fresno & Fashion Fair MallPlease do not walk the grounds or disturb tenants. Write offers subject to interior inspections. .

Listing Agent

Jin Kim

The JKRE Investment Group License #01456017 Listed on: 07/30/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Parking

  • Carport

Home Design

  • Quadruplex
  • Composition Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 3,136 Sq Ft Home
  • 1-Story Property
  • Multiple Fireplaces

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Additional Features

  • 8,820 Sq Ft Lot
  • Central Air

Community Details

  • 4 Units
  • Gross Income $137,100

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Type: Multi Family
  • Property Sub Type: Quadruplex
  • Price Per Square Foot: 286.67
  • Year Built Exception: 0
  • Stories: One
  • Special Features: None
  • Year Built: 1964

Interior Features

  • Fireplace: More than One Unit
  • Bathrooms: 4.00
  • Bedrooms: 8
  • Square Footage: 3136.00

Exterior Features

  • Roofing: Composition
  • Exterior: Stucco
  • Foundation: Concrete Perimeter

Garage/Parking

  • Additional Parking: Carport, Covered

Utilities

  • Gas And Electric: Public Utilities
  • Sewer/Water: Public Water, Public Sewer
  • Heat/Cool: Central Heat/Cool

Condo/Co-op/Association

  • Association: Fresno MLS

Lot Info

  • Acres: 0.2025
  • Lot Measurement: Square Feet
  • Lot Size Sq Ft: 8820.00
  • Price Per Acre: 4439506.17

Building Info

  • Year Built: 1964

Rental Info

  • TenantPays: Electricity, Gas

Multi Family

  • Annual Income: 137100.00
  • IncomeIncludes: Unit Rent
  • Total Units: 4

MLS Schools

  • School District 2: Fresno Unified

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2025 07/30/25 For Sale $899,000 -- $287 / Sq Ft
Source: Fresno MLS

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Source: Fresno MLS

MLS Number: 634668

Fresno MLS