2904 N First Street, Fresno, CA 93703

Local realty services provided by:Better Homes and Gardens Real Estate Everything Real Estate
2904 N First Street,Fresno, CA 93703
$559,000
  • - Beds
  • - Baths
  • 3,026 sq. ft.
  • Multi-family
  • Pending
Listed by:robert m. balina
Office:synergize realty
MLS#:ML82020609
Source:CRMLS

Price summary

  • Price:$559,000
  • Price per sq. ft.:$184.73

About this home

This 4-plex in Fresno's thriving Mayfair neighborhood has modern upgrades, strong cash flow, and excellent location in a high-demand rental market. All four spacious units are 100% leased with solid long-term tenants with upside potential in current rental market rates. This investment property is poised to deliver robust ROI for savvy investors. The property is on a huge lot with detached 4-car garages. In a good commuter-friendly location within walking distance of Manchester Centera dynamic retail hub with a movie theater and weekly farmers market. Fresno's rental market is red-hot, ranked the 9th most competitive nationwide with a mere 2.9% vacancy rate, tying for the 6th lowest in the U.S. Since 2019, fair market rents have skyrocketed 50%, averaging $1,285/month and peaking at $1,907/month for premium units.

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Home facts

  • Year built:1955
  • Listing ID #:ML82020609
  • Added:55 day(s) ago
  • Updated:November 01, 2025 at 07:28 AM

Rooms and interior

  • Living area:3,026 sq. ft.

Heating and cooling

  • Cooling:Wall Window Units
  • Heating:Wall Furnance

Structure and exterior

  • Roof:Composition
  • Year built:1955
  • Building area:3,026 sq. ft.
  • Lot area:0.21 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$559,000
  • Price per sq. ft.:$184.73
  • Tax amount:$5,230
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