diff --git a/clients/python/src/model_registry/types/pager.py b/clients/python/src/model_registry/types/pager.py
index a789f248d..55cb9f493 100644
--- a/clients/python/src/model_registry/types/pager.py
+++ b/clients/python/src/model_registry/types/pager.py
@@ -112,7 +112,9 @@ async def _anext_page(self) -> list[T]:
         return await cast(Awaitable[list[T]], self.page_fn(self.options))
 
     def _needs_fetch(self) -> bool:
-        return not self._current_page or self._i >= len(self._current_page)
+        return not self._current_page or (
+            self._i >= len(self._current_page) and self._start is not None
+        )
 
     def _next_item(self) -> T:
         """Get the next item in the pager.
@@ -126,6 +128,8 @@ def _next_item(self) -> T:
             self._current_page = self._next_page()
             self._i = 0
         assert self._current_page
+        if self._i >= len(self._current_page):
+            raise StopIteration
 
         item = self._current_page[self._i]
         self._i += 1
@@ -143,6 +147,8 @@ async def _anext_item(self) -> T:
             self._current_page = await self._anext_page()
             self._i = 0
         assert self._current_page
+        if self._i >= len(self._current_page):
+            raise StopIteration
 
         item = self._current_page[self._i]
         self._i += 1
@@ -153,7 +159,7 @@ def __next__(self) -> T:
 
         item = self._next_item()
 
-        if not self._start:
+        if self._start is None:
             self._start = self.options.next_page_token
         elif check_looping and self.options.next_page_token == self._start:
             raise StopIteration
@@ -165,7 +171,7 @@ async def __anext__(self) -> T:
 
         item = await self._anext_item()
 
-        if not self._start:
+        if self._start is None:
             self._start = self.options.next_page_token
         elif check_looping and self.options.next_page_token == self._start:
             raise StopAsyncIteration
diff --git a/clients/python/tests/regression_test.py b/clients/python/tests/regression_test.py
index eebc1e5de..024a6ea6a 100644
--- a/clients/python/tests/regression_test.py
+++ b/clients/python/tests/regression_test.py
@@ -23,6 +23,7 @@ def test_create_tagged_version(client: ModelRegistry):
     assert mv
     assert mv.id
 
+
 @pytest.mark.e2e
 def test_get_model_without_user_token(setup_env_user_token, client):
     """Test regression for using client methods without an user_token in the init arguments.
@@ -44,3 +45,29 @@ def test_get_model_without_user_token(setup_env_user_token, client):
     assert rm.id
     assert (_rm := client.get_registered_model(name))
     assert rm.id == _rm.id
+
+
+@pytest.mark.e2e
+def test_get_few_registered_models(client: ModelRegistry):
+    """Test regression for paging without next page token.
+
+    Reported on: https://github.com/kubeflow/model-registry/issues/348
+    """
+    models = 9
+
+    for name in [f"test_model{i}" for i in range(models)]:
+        client.register_model(
+            name,
+            "s3",
+            model_format_name="test_format",
+            model_format_version="test_version",
+            version="1.0.0",
+        )
+
+    i = 0
+    for rm in client.get_registered_models():
+        print(f"found {rm}")
+        i += 1
+        assert i < models + 1
+
+    assert i == models