808 Green Way presents the opportunity to acquire a four-unit multifamily asset in Madera, California. The property offers a distinctive residential configuration that differentiates it from many traditional fourplex properties, with no unit positioned directly above or below another. This layout provides enhanced privacy for residents and supports long-term tenant retention.
The unit mix includes two townhome-style residences featuring two bedrooms and one and one-half bathrooms, along with two larger flat-style residences offering three bedrooms and two bathrooms. Each residence benefits from an attached single-car garage with private exterior access, providing covered parking and additional storage. Residents also have access to an on-site laundry facility that creates an additional income stream for ownership.
Operational efficiencies are supported by separately metered gas and electric service for each unit, reducing direct utility responsibility for ownership. Water and sewer expenses are recovered through a ratio utility billing system, providing an opportunity to offset operating costs. The property is currently generating rental income with additional upside through lease-up and income optimization opportunities.
Located in Madera, the property benefits from convenient access to State Route 99, connecting the community with Fresno and other major Central California markets. Madera serves as the county seat and is supported by a diverse employment base including education, healthcare, government services, agriculture, food processing, and distribution industries. The area's growing population, significant renter presence, and regional connectivity contribute to sustained multifamily housing demand, positioning the asset as a compelling investment opportunity for buyers seeking stable income with future growth potential.