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$ 2,388,000
Est. payment /mo
New
609 Moore ST Madera, CA 93638
1 Bed
1 Bath
11,440 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 11,440 sqft
Price per Sqft $208
MLS Listing ID 641990
Bedrooms 1
Full Baths 1
HOA Y/N No
Year Built 1986
Lot Size 0.550 Acres
Property Sub-Type Multi Family
Property Description
Well-maintained 16-unit property with a solid unit mix of 8 one-bedroom units and 8 three-bedroom units. Built in 1986, with select units remodeled in 2025. Located on a quiet, primarily residential block. The property features open garage parking, on-site laundry for added income, and is walking distance to shopping and schools. Two units are currently vacant due to remodel, giving a new owner immediate rent-up upside. A clean, turnkey investment with reliable income and built-in value-add potential.
PROPERTY HIGHLIGHTS Immediate value-add upside through interior rent growth as remaining units are brought to market standard Strong in-place fundamentals with the ability to push NOI without major capital projects Desirable residential setting that supports reliable income tenancy and reduced turnover Larger unit mix positions the asset above typical
PROPERTY HIGHLIGHTS Immediate value-add upside through interior rent growth as remaining units are brought to market standard Strong in-place fundamentals with the ability to push NOI without major capital projects Desirable residential setting that supports reliable income tenancy and reduced turnover Larger unit mix positions the asset above typical
Location
State CA
County Madera
Interior
Cooling Central Heat/Cool
Fireplaces Type None
Exterior
Parking Features Carport, One Space per Unit
Utilities Available Public Utilities
Roof Type Composition
Building
Lot Description Urban
Story 2
Foundation Concrete Perimeter
Water Public
Schools
High Schools Madera Unified
Listed by Miracle Realty
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