128 Park Street
Madera, CA 93637
- – beds
- – baths
- – sqft
- 6,534 sqft lot
- 1978 build
- – on site
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.
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Last updated May 7, 2025
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MLS# FR25100516 —
This property is listed in more than one place. See it here.
The Building
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Year Built:1978
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Year Built Source:Public Records
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New Construction:No
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Building Area Total:2952.00
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Building Area Units:Square Feet
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Total Number Of Units:4
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# of Buildings:1
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Stories Total:1
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Entry Level:1
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Common Walls:2+ Common Walls
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# of Separate Gas Meters:4
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# of Separate Water Meters:4
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# of Separate Electric Meters:4
Interior
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Levels:One
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Entry Location:1
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Laundry:Common Area
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Laundry:1
Location
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Directions:From Olive go south. The Complex is on the right on Park.
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Latitude:36.95179100
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Longitude:-120.07184900
The Property
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Property Type:Residential Income
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Subtype:Apartment
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Lot Features:2-5 Units/Acre
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Lot Size Area:6534.0000
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Lot Size Acres:0.1500
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Lot Size SqFt:6534.00
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Lot Size Source:Assessor
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Property Attached:1
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Additional Parcels:No
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Block:3
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Tax Census Tract:5.11
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Tax Lot:14
The Listing
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Special Listing Conditions:Standard
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Parcel Number:012013015
Utilities
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Sewer:Public Sewer
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Water Source:Public
The Community
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Features:Urban
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Association:No
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Pool:None
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Senior Community:No
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Private Pool:No
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Assessments:No
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Assessments:None
Parking
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Parking Spaces:4.00
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Carport Spaces:4.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
5/6/25
May 6, 2025
|
Listed / Active | CRMLS_CA | $640,000 |
