Sold on Jul 12, 2026 for $715,000
816 Sherwood Way, Madera, CA 93638
Property Highlights
Residential Income
Property Type
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.
Listed by Jin Kim • DRE #01456017 • The JKRE Investment Group
Bought with Nonmember Nonmember • Nonmember
Contact:
[email protected]
MLS #: 646496
•
Source:
FRESNO
Property Features
Lot Features:
Suburban
Community:
On-Site Manager
Building & Construction
Construction Materials
Wood Siding
Foundation
Concrete Perimeter
Interior & Comfort
Cooling
Central Heat/Cool