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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.
Property Type(s):
Residential Income
| Last Updated | 9/6/2025 | Year Built | 1947 |
|---|---|---|---|
| Garage Spaces | 4.0 | County | Fresno |
Additional Details
| AIR | Wall/Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Refrigerator |
| GARAGE | Yes |
| HEAT | Wall Furnace |
| LOT | 8398 sq ft |
| SEWER | Public Sewer |
| STORIES | 1 |
| TAXES | 5096 |
| WATER | Public |
Location
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Listed with Synergize Realty
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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