
3357 E Fairmont Ave Fresno, CA 93726
Hoover NeighborhoodEstimated payment $5,821/month
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. .
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
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
07/30/2025 07/30/25 | For Sale | $899,000 | -- | $287 / Sq Ft |
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Source: Fresno MLS
MLS Number: 634668

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