Experience the perfect blend of investment potential and tenant appeal with this well-maintained multi-family property in the heart of Madera. Offering four thoughtfully designed units, each featuring two bedrooms and one bathroom, this income-generating asset is primed for long-term stability and financial growth. Private patios provide a welcoming outdoor retreat, while dedicated carport parking ensures convenience for residents. The on-site laundry facilities further enhance tenant satisfaction. One unit has been tastefully remodeled, adding value and increasing rent potential.This fourplex is FHA-eligible, making it an ideal opportunity for owner-occupants seeking to leverage low down payment financing while benefiting from rental income. The property meets FHA guidelines for multi-unit residences and offers a promising avenue for both first-time buyers and seasoned investors alike.Located near Madera High School, shopping centers, and essential amenities, this property enjoys strong rental demand and easy access to daily necessities. With reliable rental income, attractive financing options, and room for future appreciation, this investment opportunity is one to seize. Whether you're expanding your portfolio or searching for a property that combines homeownership with investment rewards, this four-unit complex delivers exceptional value in a thriving community.
Sold for $565,000 on 07/28/25
$565,000
128 Park St, Madera, CA 93637
8beds
4baths
2,952sqft
Multi Family, Quadruplex, Triplex
Built in 1978
-- sqft lot
$574,900 Zestimate®
$191/sqft
$1,761 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: July 30, 2025 at 03:27pm
Listed by:
Sonia Estrada DRE #02062103,
Universal Realty Services, Inc,
Glenn H. Riser DRE #01718014 559-213-9002,
Universal Realty Services, Inc
Bought with:
Eric James Huynh, DRE #01952121
Park Place Real Estate
Source: Fresno MLS,MLS#: 629824Originating MLS: Fresno MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating
- Has Heating (Unspecified Type)
Cooling
- Central Air
Appliances
- Included: Refrigerator: All Units, Dishwasher: All Units, Disposal: All units, Stove: All units
Features
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 2,952
- Total interior livable area: 2,952 sqft
Property
Parking
- Parking features: Carport
- Has carport: Yes
Features
- Levels: One
- Stories: 1
Lot
- Size: 6,534 sqft
- Features: Urban
Details
- Parcel number: 012013015000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Quadruplex, Triplex
Materials
- Stucco
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- Year built: 1978
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Public Utilities, Natural Gas Connected
Community & neighborhood
Location
- Region: Madera
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Income includes: Month to Month
- Listing terms: Conventional,Cash