$555,000

2840 N 1st Street, Fresno, CA 93703

  • 6 beds |
  • 4 baths |
  • 3,026 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1955
  • Property Lot Size Icon9,100sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $183/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

Multi-family 4-Unit investment opportunity! 3,060 sq ft with strong rental upside and ideal unit mix: two 2 BD/1BA and two 1BD/1BA (total 6BD/4BA). Two units are currently vacant, and one is expected to be vacant soon, delivering immediate value-add potential. Current and projected rents support approximately. $4,500+/mo gross income. Located near Manchester Center, Fresno State University, Fresno City College, Fresno Pacific University, shopping, dining, and schools. High-demand rental area with proximity to major amenities. Recent data from Apartment List (2025) indicates Fresno's vacancy rate is among the lowest in California, and average rents have steadily increased over the past year. Great opportunity to reposition and maximize returns. With easy access to HWY 41, HWY 99, HWY 168, and HWY 180, this area offers a fast, convenient commute to anywhere in Fresno in minutes.

Listing Status:
Active
Data Last Updated:
April 17, 2026 at 12:20AM
Listing Office:
London Properties, Ltd. : 559-436-4000
Listing Agent:
Jenna Hernandez : 559-250-4261
MLS ID:
644379
  • A/C: Wall/Window Unit(s)
  • Fireplace: None
  • Parking: GarageCovered
  • Roofing: Composition
  • General: StuccoOneConcrete Perimeter
  • Originating MLS: Fresno MLS
  • School District: Fresno Unified
  • County: Fresno
  • Zoning: 44514111
  • Utilities: Public UtilitiesOn
  • Water: Public
  • Source: Fresno MLS

This listing courtesy of Jenna Hernandez , London Properties, Ltd.

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

B

Birney Elementary School

3034 E Cornell Ave, Fresno, CA, 93703

Grades PK-6

0.11 miles away

F

Fulton

3058 N Millbrook Ave, Fresno, CA, 93703

Grades 7-12

0.52 miles away

F

Fulton

3058 N Millbrook Ave, Fresno, CA, 93703

Grades 7-12

0.52 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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