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.
Property Details
Price:
$599,000
MLS #:
644379
Status:
Active
Beds:
6
Baths:
4
Type:
Multi Family
Subtype:
Quadruplex
Neighborhood:
703
Listed Date:
Feb 21, 2026
Finished Sq Ft:
3,026
Lot Size:
9,100 sqft / 0.21 acres (approx)
Year Built:
1955
See this Listing
Schools
School District:
Fresno Unified
Interior
Exterior
Financial
Map
Community
- Address2840 N 1St Street Fresno CA
- CityFresno
- CountyFresno
- Zip Code93703
Market Summary
Current real estate data for Multi Family in Fresno as of Mar 07, 2026
60
Multi Family Listed
92
Avg DOM
211
Avg $ / SqFt
$883,434
Avg List Price
Property Summary
- 2840 N 1St Street Fresno CA is a Multi Family for sale in Fresno, CA, 93703. It is listed for $599,000
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