2840 N 1St Street, Fresno, CA 93703

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.