Sold for $715,000

$715,000

816 Sherwood Way, Madera, CA 93638

10beds

7baths

4,204sqft

Multi Family, Quadruplex

Built in 1986

-- sqft lot

$-- Zestimate^®

$170/sqft

$-- Estimated rent

Home value

Not available

Estimated sales range

Not available

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What's special

Dedicated single-car garageOn-site laundry room

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.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 10
Bathrooms: 7

Heating

Has Heating (Unspecified Type)

Cooling

Central Air

Features

Has fireplace: No
Fireplace features: None

Interior area

Total structure area: 4,204
Total interior livable area: 4,204 sqft

Property

Parking

Total spaces: 4
Parking features: Open
Attached garage spaces: 4
Has uncovered spaces: Yes

Features

Levels: Two
Stories: 2

Lot

Size: 0.26 Acres
Features: Suburban

Details

Parcel number: 004120004000

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family, Quadruplex

Materials

Wood Siding
Foundation: Concrete Perimeter
Roof: Composition

Condition

Year built: 1986

Utilities & green energy

Electric: On
Sewer: Public Sewer
Water: Public
Utilities for property: Public Utilities

Community & HOA

Community

Features: On-Site Manager

Location

Region: Madera

Financial & listing details

Price per square foot: $170/sqft
Date on market: 4/3/2026
Cumulative days on market: 10 days
Listing agreement: Exclusive Right To Sell
Tenant pays: Electricity, Gas, Water, Sewer, Trash Collection
Income includes: Unit Rent, Laundry, Other

Price history

Date	Event	Price
7/13/2026	Sold	$715,000-1.4%$170/sqft
Source: Fresno MLS #646496 Report a problem
4/17/2026	Pending sale	$725,000$172/sqft
Source: Fresno MLS #646496 Report a problem
4/3/2026	Listed for sale	$725,000$172/sqft
Source: Fresno MLS #646496 Report a problem