$375,000

Estimated payment $2,340/month

Total Views 11,647
4 Beds
3 Baths
1,632 Sq Ft
$230 Price per Sq Ft

Highlights

  • No HOA
  • Security Fence
  • 4-minute walk to McNally Park
  • Central Heating and Cooling System
  • 1-Story Property

About This Home

Seller Financing opportunity in this fantastic investment opportunity in the community of Madera! This Triplex is ideally situated within walking distance to Sierra Vista Elementary School and McNally Park, offering convenience and appeal for tenants. Located in a quiet neighborhood with easy access to shopping, and major highways, this property is perfect for both seasoned investors and owner-occupants. It has a strong rental history and room for value-add improvements. The front unit is a beautifully remodeled 2-bedroom, 1-bath home featuring modern upgrades and comfortable living space. Behind the main home, you'll find a duplex with two private studio units which are 1-beroom & 1-bath, each with separate alley access, perfect for added privacy and steady rental income. Some of the recent improvements have been new paint, new multi-split AC units and new flooring. Whether you're a savvy investor or looking to live in one and rent the others, this property would make a great addition to your portfolio!

Listing Agent

Ernie Ochoa, CCIM

Keller Williams Merced License #01247053 Listed on: 08/19/2025

Keller Williams Merced

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • 0.25 Acre Lot
  • Security Fence

Home Design

  • Triplex
  • Concrete Foundation
  • Raised Foundation
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,632 Sq Ft Home
  • 1-Story Property

Parking

  • 6 Parking Spaces
  • On-Street Parking

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 011-163-016

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 3 Units

Building Details

  • 3 Leased Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Subtype Description: Apartments
  • Property Subtype 1: Triplex
  • Stories: 1
  • Year Built: 1950
  • Stories: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: See Remarks
  • Price Per Square Foot: 229.78
  • Square Footage: 1632.00

Exterior Features

  • Construction Materials: Wood
  • Foundation: Raised, Concrete
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 375000.00
  • Lot Features: None
  • New Construction: No
  • Pool: No
  • Spa: No

Garage/Parking

  • Parking Features: Street
  • Total Parking Spaces: 6.00

Utilities

  • Security: Security Fence
  • Sewer: Public Sewer
  • Utilities: City
  • Cooling: Central
  • Heating: Central
  • Laundry Features: Varies by Unit
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Fee Information

  • Land Lease: No

Schools

  • Senior High School District: Other

Lot Info

  • Zoning: RES
  • Irrigation: Public District
  • Lot Size Acres: 0.2500
  • Lot Size Sq Ft: 10890.00

Multi Family

  • Income Includes: ["Rent Only"]
  • Number of Leased Units: 3
  • Number of Units: 3
  • Total Number Owner Occupied: 3

Tax Info

  • Assessor Parcel Number: 011-163-016
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Madera

Map

Range of Values:

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Value Increase
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/19/2025 08/19/25 For Sale $375,000 -- $230 / Sq Ft
Source: MetroList

Source: MetroList

MLS Number: 225109896

MetroList

APN: 011-163-016