2128 N First ST, Fresno, CA 93703

$550,000
6
BD
2,966
SqFt

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Listed by Robert M. Balina, 408-750-6425 from Synergize Realty
(If provided) CoList: from

Sold listing courtesy of The C Group from RBT

Sold Price
$550,000
List Price
$559,000
Closing Date
Oct 27, 2025
MLS#
ML82020605
Status
SOLD
Zoning
R3
Sqft. of Residence
2,966
Lot Size
8,400

Property Description

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.

Additional Information

Acres
0.19
Age
78
Cooling System
Window / Wall Unit
Floor Covering
Laminate
Foundation
Concrete Slab
Garage Parking
Detached Garage
Heating System
Wall Furnace
Living Area
2,966
Lot Size
8,400
Other Utilities
Public Utilities
Roof
Composition
Sewer
Sewer - Public
Unincorporated Yn
Yes
Zoning
R3

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