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Listed price in listed location currency (USD).
$725,000

1004

MLS® 646496

Overview

Key Facts

Type Quadruplex
Levels Residential Income
Size 4204 sqft
Garage 
Taxes 
Days Active 12
Lot Size 
Approx. Age 1986
Avg. Price Per Sqft $172
MLS® Number 646496

Property Address: 816 Sherwood Way, Madera, CA, 93638

Average square foot calculated using Size range provided by listing agent.

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.
MLS® Number646496
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1986
Basement
DrivewayOpen
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 4, 2026List Date
$725,000List Price

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