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Legacy Real Estate Inc
2904 N First ST, Fresno, CA 93703
- $584,000
- 6
- BD
- 3,026
- SqFt
Listed by Robert M. Balina, 408-750-6425 from Synergize Realty
(If provided) CoList: from
Sold listing courtesy of Virginia Gonzalez from KWSV
- Sold Price
- $584,000
- List Price
- $559,000
- Closing Date
- Nov 13, 2025
- MLS#
- ML82020609
- Status
- SOLD
- Zoning
- R3
- Sqft. of Residence
- 3,026
- Lot Size
- 9,100
Property Description
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.
Additional Information
- Acres
- 0.21
- Age
- 70
- Cooling System
- Window / Wall Unit
- Floor Covering
- Laminate
- Foundation
- Concrete Slab
- Garage Parking
- Detached Garage
- Heating System
- Wall Furnace
- Living Area
- 3,026
- Lot Size
- 9,100
- Other Utilities
- Public Utilities
- Roof
- Composition
- Sewer
- Sewer - Public
- Unincorporated Yn
- Yes
- Zoning
- R3
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