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.
For sale
$899,000
3365 E Fairmont Ave, Fresno, CA 93726
8beds
4baths
3,136sqft
Est.:
Multi Family, Quadruplex
Built in 1966
-- sqft lot
$-- Zestimate®
$287/sqft
$-- HOA
What's special
- 4 days
- on Zillow |
- 78 |
- 12 |
Zillow last checked: 7 hours ago
Listing updated: July 30, 2025 at 05:59pm
Listed by:
Jin Kim DRE #01456017 760-987-5332,
The JKRE Investment Group
Source: Fresno MLS,MLS#: 634673Originating MLS: Fresno MLS
Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating
- Has Heating (Unspecified Type)
Cooling
- Central Air
Features
- Has fireplace: Yes
- Fireplace features: More than One Unit
Interior area
- Total structure area: 3,136
- Total interior livable area: 3,136 sqft
Property
Parking
- Parking features: Carport, Covered
- Has carport: Yes
Features
- Levels: One
- Stories: 1
Lot
- Size: 8,820.9 Square Feet
- Features: Suburban
Details
- Parcel number: 42707246
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Quadruplex
Materials
- Stucco
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- Year built: 1966
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Public Utilities
Community & HOA
Location
- Region: Fresno
Financial & listing details
- Price per square foot: $287/sqft
- Date on market: 7/30/2025
- Listing agreement: Exclusive Right To Sell
- Tenant pays: Electricity, Gas
- Income includes: Unit Rent
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