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About This Home
This 6-bedroom, 4-bathroom residential multi family at 2840 N 1St Street in Fresno, CA is listed for $555,000 ($183 per sqft). Built in 1955, the home offers 3,026 sqft of living space on a 0.21 acres lot.
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.
Key Features
- Built in 1955
- 0.21 acre lot
Property Details
Monthly Cost Estimate
$2,968/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
2840 N 1St Street
Fresno, CA 93703
Features & Amenities
Exterior Features
Property Details
Parking
Questions & Answers
This 6-bedroom, 4-bathroom residential multi family at 2840 N 1St Street is listed at $555,000 ($183/sqft). The estimated monthly payment is $2,405 based on 20% down at 6.5% interest.
Key features include: Built in 1955, 0.21 acre lot. Exterior Features: Stucco.
This property is listed by Jenna Hernandez and can be reached at (559) 436-4000 or Larry@londonproperties.com.
