816 Sherwood Way, Madera, CA 93638
Local realty services provided by:Better Homes and Gardens Real Estate GoldLeaf
816 Sherwood Way,Madera, CA 93638
$725,000
- 10 Beds
- - Baths
- 4,204 sq. ft.
- Multi-family
- Active
Listed by: jin kim
Office: the jkre investment group
MLS#:646496
Source:CA_FMLS
Price summary
- Price:$725,000
- Price per sq. ft.:$172.45
About this home
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.
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Home facts
- Year built:1986
- Listing ID #:646496
- Added:1 day(s) ago
- Updated:April 04, 2026 at 12:46 AM
Rooms and interior
- Bedrooms:10
- Living area:4,204 sq. ft.
Heating and cooling
- Cooling:Central Heat/Cool
Structure and exterior
- Roof:Composition
- Year built:1986
- Building area:4,204 sq. ft.
- Lot area:0.26 Acres
- Construction Materials:Wood Siding
- Foundation Description:Concrete Perimeter
- Levels:2 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$725,000
- Price per sq. ft.:$172.45
Parking
- Parking description:Open
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