Sold on Mar 25, 2026 for $2,105,000
609 Moore St, Madera, CA 93638
Property Highlights
Residential Income
Property Type
Description
<b>Well-maintained 16-unit property</b> with a <b>solid unit mix of 8 one-bedroom units and 8 three-bedroom units.</b> Built in 1986, with select units remodeled in 2025. Located on a quiet, primarily residential block. The property features open garage parking, on-site laundry for added income, and is walking distance to shopping and schools. Two units are currently vacant due to remodel, giving a new owner immediate rent-up upside. A clean, turnkey investment with <b>reliable income and built-in value-add potential.</b><div><b><br></b><div><b>PROPERTY HIGHLIGHTS</b> Immediate <b>value-add upside </b>through interior rent growth as remaining units are brought to market standard <b>Strong in-place fundamentals </b>with the ability to push<b> NOI without major capital projects </b>Desirable residential setting that supports reliable income tenancy and reduced turnover Larger unit mix positions the asset above typical<b></b></div></div>
Listed by Beau W. Miracle • DRE #01896847 • Miracle Realty
Bought with Nonmember Nonmember • Nonmember
Contact:
[email protected]
MLS #: 641990
•
Source:
FRESNO
Building & Construction
Construction Materials
Stucco
Foundation
Concrete Perimeter
Interior & Comfort
Cooling
Central Heat/Cool