Well-maintained 16-unit property with a solid unit mix of 8 one-bedroom units and 8 three-bedroom units. 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 reliable income and built-in value-add potential.
PROPERTY HIGHLIGHTS Immediate value-add upside through interior rent growth as remaining units are brought to market standard Strong in-place fundamentals with the ability to push NOI without major capital projects Desirable residential setting that supports reliable income tenancy and reduced turnover Larger unit mix positions the asset above typical
Property Details
Price:
$2,388,000
MLS #:
641990
Status:
Pending AcceptBackup
Beds:
1
Baths:
1.5
Type:
Multi Family
Subtype:
16 Units & More
Neighborhood:
638
Listed Date:
Jan 9, 2026
Finished Sq Ft:
11,440
Lot Size:
23,958 sqft / 0.55 acres (approx)
Year Built:
1986
See this Listing
Schools
School District:
Madera Unified
Interior
Exterior
Financial
Map
Community
- Address609 615 Moore Street Madera CA
- CityMadera
- CountyMadera
- Zip Code93638
Market Summary
Current real estate data for Multi Family in Madera as of Mar 07, 2026
7
Multi Family Listed
271
Avg DOM
257
Avg $ / SqFt
$907,557
Avg List Price
Property Summary
- 609 615 Moore Street Madera CA is a Multi Family for sale in Madera, CA, 93638. It is listed for $2,388,000
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