Property photo 1
2,952 sqft

$575,000

128 Park Street, Madera CA, 93637

Price per sqft$194.78
Built in1978
Property size2,952 sqft
Property typeCondominium
Bought with General NONMEMBER with NONMEMBER MRML and Listed by Gautam Atri CA DRE# 02050505 with Universal Realty Services, Inc 559-917-1113

Overview

Sold

Closed

Listed May 6, 2025

Updated Jun 19

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.

Additional information

MLS® ID
FR25100516

Interior Features

Basement
No

Exterior Features

Lot Size
0.15 Acres

Other Property Details

55+/Senior Community
No

Also listed on METROLIST

MLS provider logo

Bought with General NONMEMBER with NONMEMBER MRML and Listed by Gautam Atri CA DRE# 02050505 with Universal Realty Services, Inc 559-917-1113

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 6/19/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2026 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 6/19/2026 at 1:34 PM UTC Last Checked: 1:34 PM UTC

 

 

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