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Sold on 05/26/2021

239 Corte Madera Ave, Corte Madera, CA 94925

$1,379,000

Last sold 05/26/2021 for $1.3M

  • 4

    bed

  • 4

    bath

Multi-family not for sale
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About 239 Corte Madera Ave

Property type Multi-family
Neighborhood
Year built 1966
HOA fee $0/month
Lot size 4,752 Sqft
Movoto estimate
Property description
Rare Southern Marin Duplex! Building is just a short block from the Corte Madera business district and Menke Park, with shopping, restaurants, parks and public transportation close by. Minutes to 101, excellent commute location. Award-winning schools. Each unit is 2BR/1BA with an expansive deck. The upper unit deck has bay views! Each unit has one covered parking space, plus a second tandem space. Roof was replaced in 2020, and building exterior is freshly painted. Each unit has storage closet, plus access to shared laundry room. Separate PG&E and water meters. This building is perfect for the experienced investor or owner-occupied with rental unit offsetting your cost of ownership. Also listed as Single Family Home under listing #321042576
Listed by
Listing Agent - Blaine Morris
Listing Office - Compass
Source: BAREIS mls logo
MLS#321041853 • last updated 5 years ago
Movoto checked BAREIS for data 43 minutes ago
Overview
Cooling/AC None
Heating Natural Gas, Separate
Levels/Style 0, Contemporary
SubType Duplex
Type Residential Income
Year Built 1966
MLS # 321041853
Status Closed
On Market Date 2021-05-17
Lot Size (Acres) 0.1091
Lot Size (SqFt) 4752
Interior
Laundry In Common Area, Washer/Dryer Owned
Exterior
# Tandem Parking Spaces 2
# Covered Spaces 2
# Parking Spaces 4
Parking Attached, Carport, Covered
# Carport Spaces 2
Lot Desc Shape Regular, Sidewalk
Amenities / Utilities
Water Source Public
Utilities Cable Available, Internet Available, Natural Gas Connected
Sewer/ Septic Public Sewer
Location
Area Corte Madera
County Marin
Elementary School District Larkspur-Corte Madera
Middle School District Larkspur-Corte Madera
APN 025-035-19
Multifamily Details
# of 2-BR Occupied 2
Unit 2: # Bedrooms 2
Unit 2: # Full Bathrooms 1
Unit 1: # Partial Baths 2
2-BR: % Occupied 100
Unit 2: # of Rooms 5
Unit 1 Upstairs Unit. Includes Balcony With Bay Views
2-BR: Rent Range $2800-2900
Unit 1: # Full Bathrooms 1
Unit 2 Downstairs Unit
Unit 1: # Bedrooms 2
Unit 1: # of Rooms 5
# of Units 2
# of 2-Bedroom Units 2
Total # of Buildings 1
Separate Meters Electricity, Gas
Gross Rent Multiplier 20.5
Tenant Pays Cable TV, Electricity, Gas, Water
Gross Scheduled Income $ 57300
Cap Rate 2.92
$1.37M
Range: $1.07M-$1.68M
Last 30 days 
  • Year Property taxes Tax assessment
  • 2024
    $20,686 +9.3%
    $1,560,600 +9.32%
  • 2023
    $18,922 +1.3%
    $1,427,490
  • 2022
    $18,678 +175.6%
    $1,427,490 +2.59%
  • 2021
    $6,777 +0.7%
    $1,391,500 +315.14%
  • 2020
    $6,730 +1.8%
    $335,191 +1.04%
  • 2019
    $6,611 +4.8%
    $331,755 +2.0%
  • 2018
    $6,310 -1.4%
    $325,252 +2.0%
  • 2017
    $6,403 +3.4%
    $318,875 +2.0%
  • 2016
    $6,191 +1.1%
    $312,624
  • 2015
    $6,121
    —
  • 239 Corte Madera Ave
    $1.3M
  • A0300
    —
  • 94925
    $1.89M +26% y/y
  • Corte Madera
    $1.77M +18% y/y
No chart available
Statistics calculated by Movoto

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9/10
The Cove School
public Grades K-5
Larkspur-Corte Madera School District
8/10
Hall Middle School
public Grades 6-8
Larkspur-Corte Madera School District
9/10
Redwood High School
public Grades 9-12
Tamalpais Union High School District
Source: GreatSchools.org © 2026. All rights reserved.

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