609 Moore Street, Madera, CA 93638
Local realty services provided by:ERA Valley Pro Realty
609 Moore Street,Madera, CA 93638
$2,105,000
- 1 Beds
- - Baths
- - sq. ft.
- Multi-family
- Sold
Listed by: beau w. miracle
Office: miracle realty
MLS#:641990
Source:CA_FMLS
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Price summary
- Price:$2,105,000
About this home
<b>Well-maintained 16-unit property</b> with a <b>solid unit mix of 8 one-bedroom units and 8 three-bedroom units.</b> 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 <b>reliable income and built-in value-add potential.</b><div><b><br></b><div><b>PROPERTY HIGHLIGHTS</b> Immediate <b>value-add upside </b>through interior rent growth as remaining units are brought to market standard <b>Strong in-place fundamentals </b>with the ability to push<b> NOI without major capital projects </b>Desirable residential setting that supports reliable income tenancy and reduced turnover Larger unit mix positions the asset above typical<b></b></div></div>
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Home facts
- Year built:1986
- Listing ID #:641990
- Added:114 day(s) ago
- Updated:May 04, 2026 at 06:36 AM
Rooms and interior
- Bedrooms:1
Heating and cooling
- Cooling:Central Heat/Cool
Structure and exterior
- Roof:Composition
- Year built:1986
- Construction Materials:Stucco
- Foundation Description:Concrete Perimeter
- Levels:2 Story
Utilities
- Water:Public
Finances and disclosures
- Price:$2,105,000
Parking
- Parking description:Carport, One Space per Unit
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