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.
Property Details
Price:
$725,000
MLS #:
646496
Status:
Pending AcceptBackup
Beds:
10
Baths:
7
Type:
Multi Family
Subtype:
Quadruplex
Neighborhood:
638
Listed Date:
Apr 3, 2026
Finished Sq Ft:
4,204
Lot Size:
11,325 sqft / 0.26 acres (approx)
Year Built:
1986
See this Listing
Schools
School District:
Madera Unified
Interior
Exterior
Financial
Map
Community
- Address816 Sherwood Way Madera CA
- CityMadera
- CountyMadera
- Zip Code93638
Market Summary
Current real estate data for Multi Family in Madera as of Apr 23, 2026
10
Multi Family Listed
222
Avg DOM
225
Avg $ / SqFt
$671,490
Avg List Price
Property Summary
- 816 Sherwood Way Madera CA is a Multi Family for sale in Madera, CA, 93638. It is listed for $725,000
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