2904 N First Street, Fresno, CA 93703

Local realty services provided by:Better Homes and Gardens Real Estate Property Shoppe
2904 N First Street,Fresno, CA 93703
$559,000
  • - Beds
  • - Baths
  • 3,026 sq. ft.
  • Multi-family
  • Active
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:10 day(s) ago
  • Updated:September 16, 2025 at 01:37 PM

Rooms and interior

  • Living area:3,026 sq. ft.

Heating and cooling

  • Cooling:Wall Window Units
  • Heating:Wall Furnace

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
Based on information from California Regional Multiple Listing Service, Inc. as of September 16, 2025 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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