Sold
Property Photo

Sold on Jul 12, 2026 for $715,000

816 Sherwood Way, Madera, CA 93638

Get pre-approved

Property Highlights

Residential Income

Property Type

Quadruplex

Sub Type

1986

Year Built

4,204

Sq Ft

10

Bedrooms

7.0

Bathrooms

N/A

Days On Properkey

0.26

Lot (acres)

646496

MLS #

FRESNO

MLS Source

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
Roof
Composition
Foundation
Concrete Perimeter

Interior & Comfort

Cooling
Central Heat/Cool
Fireplace
None

Utilities

Nearby

Active Pending Closed Rental

High School

Madera Unified District

List for Free.
Sell for More.

Award winning service with personal support

  • Personal realtor
  • Local MLS listing
  • Award winning service