Estimated payment $8,952/month
This exceptional multi-use investment opportunity sits on 2.25 acres of premium Avenue 12 frontage in the heart of Madera Ranchos. The property includes four income-producing multifamily units with the flexibility to add additional rentals or build retail space thanks to its commercial zoning. It features a 1,200 square foot townhouse with a spacious attached shop/garage, along with a detached 3-bedroom, 2-bathroom home totaling 1,647 square feet that is currently being operated as a business. A large duplex is also included, with each unit offering approximately 1,700 square feet, 3 bedrooms, 2 bathrooms, indoor laundry, and 2-car garages. All tenants are month-to-month, allowing for maximum freedom for future plans. A 600-foot well, drilled just six years ago, provides dependable water access for years to come. With strong visibility, current income, and endless development potential, this property is ideal for investors, developers, or business owners looking to capitalize on a rare and versatile Avenue 12 parcel. Addresses include 34681 Avenue 12 Units A & B and 34673 Avenue 12 Units A & B. Call for more information today!
Listing Agent
RE/MAX Gold Brokerage Phone: 559-514-4516 License #01723956 Listed on: 11/19/2025
Co-Listing Agent
Saim Mohammad
Remax Gold Brokerage Phone: 559-514-4516 License #02029388
| 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 | $11,429 | $1,040,400 | $416,160 | $624,240 |
| 2023 | $11,429 | $477,536 | $63,634 | $413,902 |
| 2022 | $5,300 | $468,174 | $62,387 | $405,787 |
| 2021 | $5,150 | $458,995 | $61,164 | $397,831 |
| 2020 | $5,343 | $454,289 | $60,537 | $393,752 |
| 2019 | $5,141 | $445,382 | $59,350 | $386,032 |
| 2018 | $5,016 | $436,650 | $58,187 | $378,463 |
| 2017 | $4,998 | $428,090 | $57,047 | $371,043 |
| 2016 | $4,871 | $419,697 | $55,929 | $363,768 |
| 2015 | $4,867 | $413,393 | $55,089 | $358,304 |
| 2014 | $4,690 | $405,296 | $54,010 | $351,286 |
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/26/2025 11/26/25 | Price Changed | $1,500,000 | 0.0% | $304 / Sq Ft | |
| 11/19/2025 11/19/25 | For Sale | $1,500,000 | +99900.0% | $304 / Sq Ft | |
| 11/19/2025 11/19/25 | For Sale | $1,500 | -99.9% | $0 / Sq Ft | |
| 10/21/2022 10/21/22 | Sold | $1,000,000 | -23.1% | $202 / Sq Ft | View Prior Sale |
| 10/06/2022 10/06/22 | Pending | -- | -- | -- | |
| 09/04/2022 09/04/22 | Price Changed | $1,300,000 | -7.1% | $263 / Sq Ft | |
| 08/11/2022 08/11/22 | For Sale | $1,400,000 | -- | $283 / Sq Ft |
With 20 years in real estate, I’m Alex Salazar, Team Leader at The Salazar Group Powered by RE/MAX Gold. I take pride in my extensive experience, specializing in helping first-time homebuyers, move-up buyers, and generational buyers. I also have a strong background in working with residential properties, investment opportunities, land acquisitions, and new construction projects.
Covering Madera, Fresno, and Merced Counties, I bring a wealth of industry knowledge and a commitment to
$1,500,000
This exceptional multi-use investment opportunity sits on 2.25 acres of premium Avenue 12 frontage in the heart of Madera Ranchos. The property includes four income-producing multifamily units with the flexibility to add additional rentals or build retail space thanks to its commercial zoning. It features a 1,200 square foot townhouse with a spacious attached shop/garage, along with a detached
Alex Salazar RE/MAX Gold
$435,000
Welcome to this charming home located on Mandarin Street in the heart of Madera! This well-maintained property offers a comfortable and functional layout, perfect for families, first-time buyers, or investors. Step inside to find a bright and inviting living space filled with natural light, complemented by a practical floor plan that makes everyday living easy. 4 bedrooms and 2.5 bath with a loft
Alex Salazar RE/MAX Gold
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: FR25263485
APN: 034-232-010
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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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