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816 Sherwood Way

Madera, CA 93638
  • $725,000
  • STATUS: Active
  • ON SITE: 12 Days
  • ID#: 646496
$725,000
  • 10
    BEDS
  • 0.26
    ACRES
  • 7
    BATHS
  • 0
    1/2 BATHS
  • 4,204
    SQFT
  • $172
    $/SQFT
Neighborhood:
638
Type:
Multi-Family
Built:
1986
County:
Area:
638

School Information

Elementary School:
Middle School:
High School:
School District:

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.

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© 2026 Fresno Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Data last updated: 2026-04-15T23:46:39.117.
www.yourfresnorealty.com/homes/174819666
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816 Sherwood Way Madera, CA 93638

  • Price: $725,000
  • Status: Active
  • On Site: 12 Days
  • ID#: 646496
10
Beds
7
Baths
0
½ Baths
0.26
Acres
4,204
SQFT
$172
$/SQFT
1986
Built
Neighborhood:
638
County:
Madera
Area:
638
Elementary School:
James Monroe
Middle School:
Jack G. Desmond
High School:
Madera
School District:
Madera Unified
Property 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.
Exterior Features

Exterior Wood Parking Uncovered Region Suburban Roofing Composition

Interior Features

Fireplace None Floor Concrete Perimeter Heating And Cooling Central Heat/Cool Stories Two

Property Features

Annual Expense 21879.41 Annual Income 70158.42 Cross Street Address N Lake/E Cleveland Documents Available Association BylawsProfit & Loss Expenses Include All Gas And Electric Public Utilities Income Includes Unit RentLaundryOther Lease Type Net Lot Measurement SqFt Lot Size Source (Tax Records) Net Income 48279.01 Property Subtype1 Quadruplex Reo Or Bank Owned No Sewer Water Public WaterPublic Sewer Special Features On-Site Manager Square Footage Source Tax Records Tenant Pays ElectricityGasWaterSewerTrash Collection Transaction Type Sale

Listing provided courtesy of Jin Kim of The JKRE Investment Group: Jeff@JKREgroup.com;559-212-4489.


© 2026 Fresno Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Data last updated: 2026-04-15T23:46:39.117.
 
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