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Mario Rivera

info@igniterea.com +1(559) 549-4093

$ 2,388,000

Est. payment -/mo

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Active

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

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

SCHOOLSPROPERTIES

Elementary Schools 18

6

John J. Pershing Elementary School

Public | KG - 6
5

Sherman Thomas Charter

Public | KG - 8
5

Cesar Chavez Elementary School

Public | KG - 6
4

Millview Elementary School

Public | KG - 6
3

John Adams Elementary School

Public | KG - 6
3

Nishimoto Elementary School

Public | KG - 6
3

Parkwood Elementary School

Public | KG - 6
2

Alpha Elementary School

Public | KG - 6
2

James Madison Elementary School

Public | KG - 6
2

George Washington Elementary School

Public | KG - 6
2

Gould Educational Center

Public | KG - 12
1

Ezequiel Tafoya Alvarado Academy

Public | KG - 8
1

James Monroe Elementary School

Public | KG - 6
1

Sierra Vista Elementary School

Public | KG - 6
0

Duane E. Furman High School (Independent Study Program)

Public | KG - 12
0

St Joachim School

Private | PK - 8
0

Madera County Independent Academy

Public | KG - 12
0

Apollo Elementary Community Day

Public | 1 - 6

Middle Schools 4

5

Thomas Jefferson Middle School

Public | 7 - 8
1

Jack G. Desmond Middle School

Public | 7 - 8
1

Martin Luther King Jr. Middle School

Public | 7 - 8
0

Enterprise Secondary School

Public | 6 - 12

High Schools 5

5

Madera High School

Public | 9 - 12
4

Sherman Thomas Charter High School

Public | 9 - 12
4

Madera South High School

Public | 9 - 12
0

Pioneer Technical Center

Public | 9 - 12
0

Mountain Vista Educational Center

Public | 12 - 12

School and business data provided by Attom Data.

Mario Rivera

Broker Associate

+1(559) 549-4093

Mario Rivera

609 Moore ST Madera, CA 93638

Key Details

Location

Interior

Exterior

Building

Schools

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609 Moore ST