128 Park Street
Madera, CA 93637
- 8 beds
- – baths
- 2,952 sqft
- 6,534 sqft lot
- $216 per sqft
- 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 inve
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Last updated May 7, 2025
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MLS# CRFR25100516 —
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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Building Area Units:Square Feet
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Building Area Total:2952
Room Dimensions
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Living Area:2952
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Living Area Units:Square Feet
Location
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Directions:From Olive go south. The Complex is on the right o
The Property
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Property Type:Residential Income
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Property Subtype:OTHER
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Exterior Features:Other
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Parcel Number:012013015
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Lot Size Area:0.15
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Lot Size Acres:0.15
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Lot Size SqFt:6534
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Lot Size Units:Acres
Listing Agent
- Contact info:
- Agent phone:
- (559) 917-1113
Taxes
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Tax Tract:5.11
Beds
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Bedrooms Total:8
The Listing
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Listing Terms:Cash
Appliances
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Laundry Features:Common Area
The Community
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Association:false
Parking
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Parking Total:4
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 |
---|---|---|---|---|
5/7/25
May 7, 2025
|
Listed / Active | BRIDGE | $640,000 |