7
See all 7 photos
$725,000
Est. payment /mo
10 Beds
7 Baths
4,204 SqFt
Pending
816 Sherwood WAY Madera, CA 93638
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Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Pending
Purchase Type For Sale
Square Footage 4,204 sqft
Price per Sqft $172
MLS Listing ID 646496
Bedrooms 10
Full Baths 7
HOA Y/N No
Year Built 1986
Lot Size 0.260 Acres
Property Sub-Type Quadruplex
Property Description
Rare Madera multifamily opportunity, Class B fourplex offered in conjunction with the adjacent 820 Sherwood Way (also listed on MLS). Seller has owned both properties for nearly 24 years and is looking for both to close concurrently. Unit mix consists of two 3-bedroom/2-bathroom flats and two 2-bedroom/1.5-bathroom townhome-style units. Each unit includes a dedicated single-car garage, and the property features an on-site laundry room for additional income. Tenants are billed back for water, sewer, and disposal via a RUBS charge. Current rents are below market, presenting a clear value-add opportunity for an incoming investor. SB 721 elevated elements inspection completed 5/13/2025, report available in due diligence folder. Do not disturb tenants.
Location
State CA
County Madera
Interior
Cooling Central Heat/Cool
Fireplaces Type None
Exterior
Parking Features Open
Garage Spaces 4.0
Community Features On-Site Manager
Utilities Available Public Utilities
Roof Type Composition
Building
Lot Description Suburban
Story 2
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Schools
High Schools Madera Unified
Listed by The JKRE Investment Group
NEARBY SCHOOL & BUSINESS
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