This Duplex is an amazing investment opportunity with one unit currently already tenant occupied. One unit has been completely remodeled. Whether you're looking to generate income from renting both units or live in one and rent the other, this duplex investment property offers endless possibilities.
Sold for $375,000
$375,000
867 N Madeira Ave, Salinas, CA 93905
--beds
0baths
2,220sqft
MultiFamily
Built in 1980
-- sqft lot
$793,700 Zestimate®
$169/sqft
$2,776 Estimated rent
Home value
$793,700
$706,000 - $881,000
$2,776/mo
Zestimate® history
Owner options
List your home for rent
$2,776/mo
Rent Zestimate®
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$2,776/mo
Rent Zestimate®
Refinance and save
$2,376/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$2,376/mo
Est. payment
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Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Forced air
Features
- Has fireplace: No
Interior area
- Total interior livable area: 2,220 sqft
Property
Parking
- Parking features: Carport
Lot
- Size: 5,227 Square Feet
Details
- Parcel number: 004603013000
Construction
Type & style
- Home type: MultiFamily
Materials
- wood frame
- Roof: Tile
Condition
- Year built: 1980
Community & HOA
Location
- Region: Salinas
Financial & listing details
- Price per square foot: $169/sqft
- Tax assessed value: $757,500
- Annual tax amount: $9,411
Price history
| Date | Event | Price |
|---|---|---|
| 10/22/2024 | Sold | $375,000-50%$169/sqft |
Source: Public Record Report a problem | ||
| 9/27/2023 | Sold | $750,000+4.2%$338/sqft |
Source: Public Record Report a problem | ||
| 3/20/2023 | Listing removed | -- |
Source: | ||
| 3/9/2023 | Pending sale | $720,000$324/sqft |
Source: | ||
| 3/8/2023 | Listed for sale | $720,000$324/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $9,411 +7.4% | $757,500 +1% |
| 2024 | $8,762 +286.3% | $750,000 +290% |
| 2023 | $2,268 +4% | $192,320 +2% |
| 2022 | $2,181 +4.1% | $188,550 +2% |
| 2021 | $2,096 +2.8% | $184,854 +1% |
| 2020 | $2,039 +0.9% | $182,960 +2% |
| 2019 | $2,021 +1.4% | $179,373 +2% |
| 2018 | $1,994 -0.1% | $175,857 +2% |
| 2017 | $1,995 -0.1% | $172,410 +2% |
| 2016 | $1,996 +6.1% | $169,030 +1.5% |
| 2015 | $1,881 | $166,492 +2% |
| 2014 | $1,881 | $163,231 +2.5% |
| 2012 | -- | $159,308 +2% |
| 2011 | -- | $156,185 +0.8% |
| 2010 | -- | $155,019 -0.2% |
| 2009 | -- | $155,389 +2% |
| 2008 | -- | $152,343 +2% |
| 2007 | -- | $149,357 +2% |
| 2006 | -- | $146,429 +2% |
| 2005 | -- | $143,559 +2% |
| 2004 | -- | $140,745 +1.9% |
| 2003 | -- | $138,166 +2% |
| 2002 | -- | $135,457 +2% |
| 2001 | $1,391 | $132,802 +2% |
| 2000 | -- | $130,198 |
Find assessor info on the county website
Neighborhood: Laurel Heights
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Nearby schools
GreatSchools rating
- 7/10Los Padres Elementary SchoolGrades: K-6Distance: 0.9 mi
- 5/10El Sausal Middle SchoolGrades: 7-8Distance: 0.7 mi
- 5/10Alisal High SchoolGrades: 9-12Distance: 1.2 mi
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Estimated market value
$793,700
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$793,700
- California
- Monterey County
- Salinas
- 93905
- Laurel Heights
- 867 N Madeira Ave