Movoto Real Estate
Sold on 07/13/2026
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816 Sherwood Way, Madera, CA 93638

$715,000

Last sold 07/13/2026 after 101 Days

  • 10

    bed

  • 7

    bath

  • 4,204

    Sqft ($170/Sqft)

Multi-family not for sale

About 816 Sherwood Way

Property type Multi-family
Neighborhood
Year built 1986
HOA fee $0/month
Lot size 0.26 Acre
Property description
Rare Madera multifamily opportunity, Class B fourplex offered in conjunction with the adjacent 820 Sherwood Way (also listed on MLS). Seller has owned both properties for nearly 24 years and is looking for both to close concurrently. Unit mix consists of two 3-bedroom/2-bathroom flats and two 2-bedroom/1.5-bathroom townhome-style units. Each unit includes a dedicated single-car garage, and the property features an on-site laundry room for additional income. Tenants are billed back for water, sewer, and disposal via a RUBS charge. Current rents are below market, presenting a clear value-add opportunity for an incoming investor. SB 721 elevated elements inspection completed 5/13/2025, report available in due diligence folder. Do not disturb tenants.
Listed by
Listing Agent - Jin Kim
Listing Office - The JKRE Investment Group
Source: Fresno MLS mls logo
MLS#646496 • last updated 1 month ago
Movoto checked Fresno MLS for data 6 minutes ago
Overview
Cooling/AC Central Heat/Cool
Levels/Style Two, 2
Type Residential Income
SqFt 4204
SubType Quadruplex
Status Sold
MLS # 646496
Lot Size (Acres) 0.26
Lot Size (Sqft) 11325.6
Year Built 1986
Interior
Total # of Bedrooms 10
Fireplace None
Exterior
Construction Wood Siding
Roof Composition
Foundation Concrete Perimeter
# Garage Spaces 4
Parking Open
Lot Features Suburban
Amenities / Utilities
Water Source Public
Location
Community Features On-Site Manager
High School District Madera Unified
APN 4120004000
Multifamily Details
Total # of Units 4
We are not permitted to show value estimates for this property.
  • Jul 2026
    mls logo MLS # 646496
  • Jul 13, 2026 Sold
    $715,000 (-1.4%)
  • Apr 17, 2026 Pending
  • Apr 3, 2026 Listed
    $725,000 (+179.4%)
  • Sep 2002
    Public Records
  • Sep 13, 2002 Sold
    $259,500
  • Year Property taxes Tax assessment
  • 2024
    $4,332 +2.4%
    $375,822 +4.04%
  • 2023
    $4,231 +4.6%
    $361,230 +2.0%
  • 2022
    $4,046 +1.9%
    $354,148
  • 2021
    $3,970 -1.8%
    $354,148 +2.0%
  • 2020
    $4,043
    $347,205
  • 816 Sherwood Way
    $715K
  • Central Madera
    $377K +4% y/y
  • 93638
    $440K +10% y/y
  • Madera
    $489K -2% y/y
No chart available
Statistics calculated by Movoto

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Source: GreatSchools.org © 2026. All rights reserved.

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