Sold on Jul 13, 2026 for $715,000

816 Sherwood Way, Madera, CA 93638

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10 bd · 7.0 ba · 4,204 sqft · $172/sqft · 0.26 acres

Residential Income · Quadruplex · Built 1986

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.

Agent & source

Listed by
Jin Kim
Brokerage
The JKRE Investment Group
DRE
#01456017
MLS # 646496 Source FRESNO

Property details

Rooms & Layout

Levels
Two
Bedrooms
10
Bathrooms
7.0 (7 full)

Property Features

Lot features
Suburban
Community
On-Site Manager

Building & Construction

Construction Materials
Wood Siding
Roof
Composition
Foundation
Concrete Perimeter

Exterior & Parking

Parking
4-car garage, Open parking, Open

Interior & Comfort

Heating
Yes
Cooling
Central Heat/Cool

Utilities

Water Source
Public
Sewer
Public Sewer
Electric
On
Public Utilities

Nearby

Active Pending Closed Rental
High
Madera Unified District

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