$295,000
SOLD MAY 20, 2026
2 Beds
2 Baths
1,365 Sq Ft
6,970 Sq Ft Lot Lot

Sale Details

Date Sold: May 20, 2026

$216 Per Sq Ft

3% Below List Price

19 on Market

Highlights

  • No HOA
  • Carpet
  • 1-Story Property
  • Ceiling Fan

About This Home

As of May 2026

Investor Opportunity in Madera! Duplex featuring two 1-bedroom, 1-bath units with a strong rental history and consistent tenant occupancy. Built in 1949, this property offers a simple layout that appeals to long-term renters and investors seeking a steady income property. Situated directly across from a park and just minutes from Madera's picturesque and historic downtown district, the location supports continued tenant demand. The property features a large, fenced backyard with alley access, offering potential flexibility for future improvements or additional outdoor space for tenants. The exterior trim and front entry patio have recently been refreshed with new paint, adding to the property's curb appeal. This duplex presents an opportunity for investors looking to add value over time. The property offers open on-site parking (no garage). With steady occupancy, a desirable location, and value-add potential, this duplex is an excellent opportunity for investors seeking to expand their portfolio with a manageable, income-producing property.

Last Agent to Sell the Property

Beth Logue

Realty Of America License #02027348 Listed on: 03/19/2026

Last Buyer's Agent

Non-MLS Member

Non-MLS Office

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1949

Lot Details

  • 6,970 Sq Ft Lot

Home Design

  • Duplex
  • Slab Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,365 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan

Flooring

  • Carpet
  • Vinyl

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Wall Furnace
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for electricity, trash collection
  • Assessor Parcel Number 007-203-011

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units
  • Insurance Expense $800
  • Maintenance Expense $800
  • Professional Management Expense $840
  • Net Operating Income $26,550

Property Details

Home Type

Multi-Family

Year Built

Built in 1949

Lot Details

6,970 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Subtype Description: Flats
  • Property Subtype 1: Duplex
  • Stories: 1
  • Year Built: 1949
  • Levels: One
  • Stories: 1
  • Number Of1 Bedrooms Occupied: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Gas Water Heater
  • Flooring: Carpet, Vinyl
  • Price Per Square Foot: 216.12
  • Square Footage: 1365.00

Exterior Features

  • Construction Materials: Stucco, Wood
  • Foundation: Slab
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 305000.00
  • Lot Features: Curbs/Gutters
  • New Construction: No
  • Pool: No
  • Property Condition: Original
  • Roof: Composition
  • Spa: No
  • Topography: Level,Level

Garage/Parking

  • Open Parking Spaces: 2.00
  • Parking Features: Uncovered
  • Total Parking Spaces: 2.00

Utilities

  • Security: Carbon Mon Detector, Double Strapped Water Heater, Smoke Detector
  • Sewer: Public Sewer
  • Utilities: Sewer In & Connected
  • Cooling: Ceiling Fan(s), Wall Unit(s)
  • Heating: Wall Furnace
  • Laundry Features: In Each Unit, Washer/Dryer Hookups
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Fee Information

  • Land Lease: No

Schools

  • Senior High School District: Madera Unified

Lot Info

  • Zoning: MR
  • Irrigation: Other
  • Lot Size Acres: 0.1600
  • Lot Size Sq Ft: 6970.00

Rental Info

  • Tenant Pays: Electricity, Trash Collection

Multi Family

  • Income Includes: ["Rent Only"]
  • Insurance Expense: 800
  • Maintenance Expense: 800
  • Number of Leased Units: 2
  • Number of Units: 2
  • Units Furnished: None
  • One Bedroom Annual Occupancy: 92
  • 1 Bedroom Rent Range: 1075 - 1320

Tax Info

  • Assessor Parcel Number: 007-203-011
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Madera

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 23, 2005
Sold by
Gallegos Jamie
Bought by
Gallegos Steve

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Outstanding Balance
$88,466
Interest Rate
5.25%
Mortgage Type
Fannie Mae Freddie Mac
Estimated Equity
$262,516

Purchase Details

Closed on
Jul 21, 2005
Sold by
Central Valley Inverstors Group Llc
Bought by
Watts Raymond V and Watts Martha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Outstanding Balance
$88,466
Interest Rate
5.25%
Mortgage Type
Fannie Mae Freddie Mac
Estimated Equity
$262,516

Purchase Details

Closed on
Oct 20, 2004
Sold by
Murillo Frank and Murillo Robert
Bought by
Gallegos Steve

Purchase Details

Closed on
Jan 15, 2003
Sold by
Murillo Patricia
Bought by
Murillo Frank

Purchase Details

Closed on
Dec 12, 2002
Sold by
Gonzalez Rogelio A
Bought by
Murillo Frank and Murillo Robert
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Interfamily Deed Transfer -- First American Title
Grant Deed $225,000 First American Title
Grant Deed $83,000 --
Interfamily Deed Transfer -- Chicago Title
Interfamily Deed Transfer -- Chicago Title
Grant Deed $85,000 Chicago Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $180,000 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/20/2026 05/20/26 Sold $295,000 -3.3% $216 / Sq Ft
04/07/2026 04/07/26 Pending -- -- --
03/19/2026 03/19/26 For Sale $305,000 -- $223 / Sq Ft
Source: MetroList

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,576 $225,582 $54,396 $171,186
2023 $2,576 $206,063 $49,814 $156,249
2022 $2,268 $196,251 $47,442 $148,809
2021 $2,089 $180,464 $45,183 $135,281
2020 $2,068 $173,524 $43,446 $130,078
2019 $2,033 $168,470 $42,181 $126,289
2018 $1,823 $160,447 $40,172 $120,275
2017 $1,751 $152,807 $38,259 $114,548
2016 $1,707 $149,811 $37,509 $112,302
2015 $1,621 $142,677 $35,723 $106,954
2014 $1,416 $130,896 $32,773 $98,123
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 226027068

MetroList

APN: 007-203-011

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