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2216 N 1St St

Fresno, CA 93703

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$485,000

4 bd
  |  
4 ba
  |  
2,555 sq ft
  |  
0.19 acre

2216 N 1St St

Fresno, CA 93703

Listed On: 09/25/2026
Status: Active
Listing Number: 655872 (Fresno MLS)

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Presented By:

London Properties, Ltd.
London Properties, Ltd. 559.436.4071 Email Agent
Property Description
Courtesy of John Pestorich, 99 Properties Inc. - [email protected]

This single-story fourplex is a solid, easy-to-manage income property in Fresno's established McLane neighborhood. The property is one story with 4 units, totaling 4 beds and 4 baths across 2,555 sq. ft. on an 8,400 sq. ft. lot. The building is on the east side of First Street, just south of Clinton Avenue, between two other 4-plexes. That puts it in a proven rental corridor where multifamily is the norm. The operating structure keeps costs low: tenants pay their own electricity and gas, with ownership covering management, landscaping, repairs, insurance, water, and sewer. The one-level layout means no stairs and fewer common areas to maintain. Do not disturb tenants, make offers subject to interior inspection, one unit vacant at time of listing, Ideal for first-time multifamily investors, 1031 exchange buyers looking for a manageable Central Valley asset, or owner-users who want to live in one unit and rent the other three.
Property Type
Multi Family
Property Subtype 1
Quadruplex
Year Built
1954
Region
Urban
Stories
One
Total Units
4
Price Per Square Foot
$190
Price Per Acre
$2,515,560
Days On London
0
Cumulative Days On London
0
County
Fresno
REO / Bank Owned
No
Cross Street Address
Clinton
Directions
From First St. and Clinton Ave., south on First, 4-plex is on the east side of the street, between two other 4- plexes.
Heat / Cool
Evaporative, Floor or Wall Heat
Roofing
Composition
Foundation
Concrete Perimeter
Fireplace
None
Exterior
Stucco, Brick
Gas & Electric
Public Utilities
Sewer / Water
Public Water
Are there garage spaces?
Yes
Garage Type
Detached
Garage Spaces
4
APN
446 051 13 [PARCEL MAP]
School District
Fresno Unified
School Type 1
High School
School Name 1
McLane
School Type 2
Junior High School
School Name 2
Scandinavian
School Type 3
Grade School
School Name 3
Birney
Tenant Pays
Electricity, Gas
Income Includes
Unit Rent
Annual Income
45600.00
Annual Expense
11400.00
Expenses Include
Management, Gardener, Maintenance/Repair, Insurance, Water, Sewer
Sources of Inc / Exp
Projected
Net Income
34200.00


Last modified 1 hour ago
Fresno MLS last checked for updates 30 minutes ago

The data relating to real estate for sale on this web site comes in part from the Internet Data eXchange (IDX) of the Multiple Listing Service. Real estate listings are marked with the IDX logo and detailed information about them includes the name of the listing broker and the name of the listing agent. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Information herein deemed reliable but not guaranteed, representations are approximate, individual verification recommended.

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