2128 N First Street, Fresno, CA 93703
Local realty services provided by:Better Homes and Gardens Real Estate Everything Real Estate
2128 N First Street,Fresno, CA 93703
$559,000
- - Beds
- - Baths
- 2,966 sq. ft.
- Multi-family
- Active
Listed by:robert m. balina
Office:synergize realty
MLS#:ML82020605
Source:CRMLS
Price summary
- Price:$559,000
- Price per sq. ft.:$188.47
About this home
This recently renovated 4-plex in Fresno's Mayfair neighborhood is a solid investment opportunity. All four units are fully occupied with strong rental rates and reliable tenants. The property has a spacious lot and large unit sizes with 4-car garages which is popular to both renters and investors. Located within walking distance of Manchester Center, a vibrant hub featuring a mall, movie theater, and weekly farmers market. A great commute location near popular local restaurants, schools, and main highways. Fresnos rental market is thriving, ranked as the 9th most competitive in the nation with a vacancy rate of just 2.9%, tying for the 6th lowest in the U.S.. Since 2019, fair market rents in Fresno have increased by 50%, with average monthly rents now at $1,285 and reaching up to $1,907 depending on unit size and location. The combination of a prime location, robust market fundamentals, and a fully leased, updated property positions this 4-plex as an attractive option for investors.
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Home facts
- Year built:1947
- Listing ID #:ML82020605
- Added:10 day(s) ago
- Updated:September 16, 2025 at 01:37 PM
Rooms and interior
- Living area:2,966 sq. ft.
Heating and cooling
- Cooling:Wall Window Units
- Heating:Wall Furnace
Structure and exterior
- Roof:Composition
- Year built:1947
- Building area:2,966 sq. ft.
- Lot area:0.19 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$559,000
- Price per sq. ft.:$188.47
- Tax amount:$5,096
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