This exceptional multi-use investment opportunity sits on 2.25 acres of premium Avenue 12 frontage in the heart of Madera Ranchos. The property includes four income-producing multifamily units with the flexibility to add additional rentals or build retail space thanks to its commercial zoning. It features a 1,200 square foot townhouse with a spacious attached shop/garage, along with a detached 3-bedroom, 2-bathroom home totaling 1,647 square feet that is currently being operated as a business. A large duplex is also included, with each unit offering approximately 1,700 square feet, 3 bedrooms, 2 bathrooms, indoor laundry, and 2-car garages. All tenants are month-to-month, allowing for maximum freedom for future plans. A 600-foot well, drilled just six years ago, provides dependable water access for years to come. With strong visibility, current income, and endless development potential, this property is ideal for investors, developers, or business owners looking to capitalize on a rare and versatile Avenue 12 parcel. Addresses include 34681 Avenue 12 Units A & B and 34673 Avenue 12 Units A & B. Call for more information today!
For sale
$1,400,000
34681 Ave 12, Madera, CA 93636
11beds
8baths
4,941sqft
Quadruplex, Multi Family
Built in 2002
-- sqft lot
$1,356,700 Zestimate®
$283/sqft
$-- HOA
What's special
Indoor laundry
- 315 days
- 407
- 10
Zillow last checked:
Listing updated:
Listed by:
Alex Salazar 559-232-5668,
Re/Max Gold
Source: TCMLS,MLS#: 238502
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 11
- Bathrooms: 8
Heating
- Central
Cooling
- Central Air
Interior area
- Total structure area: 4,941
- Total interior livable area: 4,941 sqft
Property
Parking
- Total spaces: 8
- Parking features: Garage
- Garage spaces: 8
Features
- Stories: 1
Lot
- Size: 2.25 Acres
- Dimensions: 240' x 424 '
Details
- Parcel number: 034232010
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex, Multi Family
- Attached to another structure: Yes
Materials
- Roof: Composition
Condition
- New construction: No
- Year built: 2002
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
- Utilities for property: Propane
Community & HOA
HOA
- Has HOA: No
Location
- Region: Madera
Financial & listing details
- Price per square foot: $283/sqft
- Tax assessed value: $1,061,207
- Date on market: 11/20/2025
- Cumulative days on market: 315 days
Estimated market value
$1,356,700
$1.29M - $1.42M
$1,692/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/2/2026 | Price change | $1,400,000-6.7%$283/sqft |
Source: Fresno MLS #640075 Report a problem | ||
| 11/20/2025 | Price change | $1,500,000+99900%$304/sqft |
Source: MetroList Services of CA #225145775 Report a problem | ||
| 11/20/2025 | Price change | $1,500-99.9% |
Source: | ||
| 11/20/2025 | Listed for sale | $1,500,000+50%$304/sqft |
Source: Fresno MLS #640075 Report a problem | ||
| 10/21/2022 | Sold | $1,000,000-23.1%$202/sqft |
Source: Public Record Report a problem | ||
| 10/7/2022 | Pending sale | $1,300,000$263/sqft |
Source: Fresno MLS #583076 Report a problem | ||
| 9/4/2022 | Price change | $1,300,000-7.1%$263/sqft |
Source: Fresno MLS #583076 Report a problem | ||
| 8/12/2022 | Listed for sale | $1,400,000+3314.6%$283/sqft |
Source: Fresno MLS #583076 Report a problem | ||
| 5/11/2001 | Sold | $41,000$8/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $1,061,207 +2% |
| 2025 | $11,818 +3.4% | $1,040,400 +2% |
| 2024 | $11,429 +114.2% | $1,020,000 +113.6% |
| 2023 | $5,336 +0.7% | $477,536 +2% |
| 2022 | $5,300 +2.9% | $468,174 +2% |
| 2021 | $5,150 -3.6% | $458,995 +1% |
| 2020 | $5,343 +3.9% | $454,289 +2% |
| 2019 | $5,141 +2.5% | $445,382 +2% |
| 2018 | $5,016 +0.3% | $436,650 +2% |
| 2017 | $4,998 | $428,090 +2% |
| 2016 | $4,998 +6.6% | $419,697 +1.5% |
| 2015 | $4,690 | $413,393 +2% |
| 2014 | $4,690 +11.3% | $405,296 +11.2% |
| 2013 | $4,212 | $364,571 +8.4% |
| 2012 | -- | $336,320 |
| 2010 | -- | $336,320 -11.1% |
| 2008 | -- | $378,253 +2% |
| 2007 | -- | $370,837 +2% |
| 2006 | $3,853 | $363,566 +2% |
| 2005 | -- | $356,438 +3.9% |
| 2003 | $3,787 | $343,046 +437.5% |
| 2002 | -- | $63,820 |
Find assessor info on the county website
Monthly payment
Est. payment



