Seller's Agent in 2025
Gautam Atri
Universal Realty Services, Inc
(559) 917-1113
1 in this area
61 Total Sales
128 Park St Madera, CA 93637
West Madera Neighborhood
8
Beds
--
Bath
2,952
Sq Ft
6,534
Sq Ft Lot
Highlights
- No HOA
- Laundry Room
- 1-Story Property
About This Home
As of July 2025Experience 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.
Last Agent to Sell the Property
Universal Realty Services, Inc Brokerage Phone: 559-917-1113 License #02050505 Listed on: 05/06/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1978
Lot Details
- 6,534 Sq Ft Lot
- Two or More Common Walls
- Density is 2-5 Units/Acre
Home Design
- Apartment
- Entry on the 1st floor
Interior Spaces
- 8 Bedrooms
- 2,952 Sq Ft Home
- 1-Story Property
- Laundry Room
Parking
- 4 Parking Spaces
- 4 Carport Spaces
Location
- Urban Location
Listing and Financial Details
- Legal Lot and Block 14 / 3
- Assessor Parcel Number 012013015
Community Details
Overview
- No Home Owners Association
- 4 Units
Amenities
- Laundry Facilities
Building Details
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 4 Separate Water Meters
- Operating Expense $12,472
- Gross Income $45,900
- Net Operating Income $33,428
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/28/2025 07/28/25 | Sold | $575,000 | -10.2% | $195 / Sq Ft | |
| 06/02/2025 06/02/25 | Pending | -- | -- | -- | |
| 06/01/2025 06/01/25 | For Sale | $640,000 | 0.0% | $217 / Sq Ft | |
| 05/12/2025 05/12/25 | Pending | -- | -- | -- | |
| 05/06/2025 05/06/25 | For Sale | $640,000 | +16.4% | $217 / Sq Ft | |
| 06/21/2022 06/21/22 | Sold | $550,000 | +3.8% | $186 / Sq Ft | View Prior Sale |
| 06/04/2022 06/04/22 | Pending | -- | -- | -- | |
| 05/26/2022 05/26/22 | Price Changed | $530,000 | +1.9% | $180 / Sq Ft | |
| 05/26/2022 05/26/22 | For Sale | $520,000 | 0.0% | $176 / Sq Ft | |
| 04/28/2022 04/28/22 | Pending | -- | -- | -- | |
| 04/28/2022 04/28/22 | For Sale | $520,000 | 0.0% | $176 / Sq Ft | |
| 03/26/2022 03/26/22 | Pending | -- | -- | -- | |
| 03/18/2022 03/18/22 | For Sale | $520,000 | +38.7% | $176 / Sq Ft | |
| 12/01/2020 12/01/20 | Sold | $375,000 | 0.0% | $127 / Sq Ft | View Prior Sale |
| 09/30/2020 09/30/20 | Pending | -- | -- | -- | |
| 09/27/2020 09/27/20 | For Sale | $375,000 | -- | $127 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Agents Affiliated with this Home
-
Gautam Atri
-
NoEmail NoEmail
N
Buyer's Agent in 2025
NoEmail NoEmail
NONMEMBER MRML
(646) 541-2551
43 in this area
6,174 Total Sales
-
Jessica Ramirez
Seller's Agent in 2022
Jessica Ramirez
Vylla Home, Inc.
(559) 363-0088
4 in this area
70 Total Sales
-
Julie Ann Garcia-Gonzalez
Buyer's Agent in 2022
Julie Ann Garcia-Gonzalez
M.C. Real Estate Corp
(559) 706-3177
2 in this area
25 Total Sales
-
Beverly Grabel
Seller Co-Listing Agent in 2020
Beverly Grabel
Epique Realty
(559) 307-3994
34 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: FR25100516
APN: 012-013-015
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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
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