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About the Listing ML5099573 - ML5091203
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. (Forbes, 2024). 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 (Apartments.com). 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.
Listing Highlights for 2128 N First St
Interior Details
- Bedrooms: 0
- Bathrooms: Full
- Appliances: Refrigerator
- Air Cond: Wall/Window Unit(s)
- Heating: Wall Furnace
- Fireplaces:
- Floor: Laminate
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: No Land Lease
- Garage Capacity: 4 car
- Parking Spaces: 0
- Zoning: R3
- Roof: Composition
- Others:
- Sewer: Public Sewer
Financial Details
- Tax Amount: $5,096
- Taxes w/Assessments: N/A
- Tax/Property ID: 44611129
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Listing Location
Questions About..
2128 N First St Fresno, CA 93703
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