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2904 North First Street
Listed by Synergize Realty, Robert M. Balina, Listing Contact: 4087506425
$584,000

2904 North First Street

3,026 Sq.Ft. 9,100 Sq.Ft.

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.

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Location

2904 N First ST, Fresno, CA 93703

Status

Sold

Date Sold

November 30, 2025
Robert Balina

Robert Balina

TITLE

Team Lead

Property Amenities

Interior
Appliances Oven Range Gas, Refrigerator
Flooring Laminate
Area & Lot
Total area 3,026 Sq.Ft.
Lot Area 9,100 Sq.Ft.
Living area 3,026 Sq.Ft.
MLS® ID ML82020609
Year Built 1955
School District FresnoUnified
Type Residential
Status Sold
Exterior
Stories 1
Air conditioning Window Wall Unit
Heat type Wall Furnace
Disability Features None
Water Source Public
Garage Space 2.0
Sewer Public Sewer
Parking Detached
Roof Composition
Utilities Public Utilities, Water Public
Finance
Sales Price $584,000
Real Estate Tax $5,230 yearly

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