Nice triplex in Madera. Adjacent triplex also available. Each unit is 4 bedroom 2 bath. Complex is walking distance to Monroe Elementary.
SDMLS #301735718
May 9, 2018
Sold
$325,000
$107/sq ft
Mar 15, 2018
Listed
$338,000
$112/sq ft
Nice triplex in Madera. Adjacent triplex also available. Each unit is 4 bedroom, 2 bath. Complex is walking distance to Monroe Elementary
Nice triplex in Madera. Adjacent triplex also available. Each unit is 4 bedroom, 2 bath. Complex is walking distance to Monroe Elementary
CRMLS #MD18063533
May 9, 2018
Sold
$325,000
$107/sq ft
Mar 24, 2018
Contingent
—
Mar 15, 2018
Listed
$338,000
$112/sq ft
Public Records
Jan 11, 2005
Sold
$388,000
$128/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$4,230 (−0.8%)
$63,147 + $306,641
$369,788
2024
$4,262 (+2.4%)
$63,147 + $306,641
$369,788
2023
$4,163 (+4.6%)
$61,909 + $300,629
$362,538
2022
$3,981 (+1.9%)
$59,506 + $288,956
$348,462
2021
$3,906 (−1.8%)
$59,506 + $288,956
$348,462
2020
$3,978 (+0.7%)
$58,340 + $283,291
$341,631
2019
$3,949 (+38.3%)
$57,742 + $280,387
$338,129
2018
$2,856 (+16.6%)
$56,610 + $274,890
$331,500
2017
$2,449 (+0.6%)
$68,000 + $149,000
$217,000
2016
$2,435 (−9.3%)
$68,000 + $149,000
$217,000
2015
$2,686 (+2.9%)
$68,000 + $149,000
$217,000
2014
$2,610
$78,880 + $162,400
$241,280
Tax history for 1848 Merced St
Year
Property tax
Land + Additions
Assessment*
2025
$4,230 (−0.8%)
$63,147 + $306,641
$369,788
2024
$4,262 (+2.4%)
$63,147 + $306,641
$369,788
2023
$4,163 (+4.6%)
$61,909 + $300,629
$362,538
2022
$3,981 (+1.9%)
$59,506 + $288,956
$348,462
2021
$3,906 (−1.8%)
$59,506 + $288,956
$348,462
2020
$3,978 (+0.7%)
$58,340 + $283,291
$341,631
2019
$3,949 (+38.3%)
$57,742 + $280,387
$338,129
2018
$2,856 (+16.6%)
$56,610 + $274,890
$331,500
2017
$2,449 (+0.6%)
$68,000 + $149,000
$217,000
2016
$2,435 (−9.3%)
$68,000 + $149,000
$217,000
2015
$2,686 (+2.9%)
$68,000 + $149,000
$217,000
2014
$2,610
$78,880 + $162,400
$241,280
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
12
Baths
6
Stories
—
Lot width
—
Lot depth
—
Lot size
0.29 Acres
Year renovated
—
Sq. Ft.
3,108
Year built
2004
Style
Multi-Family (2-4 Unit)
County
Madera County
APN
005110022000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 10, 2026.
R1
Residential Zone
To provide specific areas in the city where residential developments of varying densities may be developed as specified in the land use element of the General Plan. To promote and encourage a suitable living environment; to provide space for community facilities needed to complement urban residential areas and for institutions compatible with a residential environment; to promote the orderly flow of residential traffic and restrict commercial and industrial traffic in residential areas; to provide the opportunity for suitable housing at affordable prices for all segments of the community.
Permitted uses
Include but are not limited to:
Housing
Agriculture-Cropland
Agriculture-Grove / orchard / vineyard
Property details
Parking
Parking / Garage Information
# of Carport Spaces: 6
Carport
Has Parking
# of Parking Spaces: 6
Interior
Laundry Information
Has Laundry
Inside
Cooling Information
Central
Has Cooling
Heating Information
Central Furnace
Has Heating
Interior Features
Levels: One
Unit Type 1 Information
Unit Key Numeric: 10436046
Listing Key Numeric: 303077597
Actual Rent: $9,700
Total # of Baths: 2
Total # of Beds: 4
Furnished: Unfurnished
Total Rent: $9,700
Total # of Units: 1
Unit Type 2 Information
Unit Key Numeric: 10436047
Listing Key Numeric: 303077597
Actual Rent: $8,660
Total # of Baths: 2
Furnished: Unfurnished
Total # of Beds: 4
Total Rent: $8,660
Total # of Units: 1
Unit Type 3 Information
Listing Key Numeric: 303077597
Unit Key Numeric: 10436048
Actual Rent: $9,077
Total # of Baths: 2
Total # of Beds: 4
Furnished: Unfurnished
Total Rent: $9,077
Total # of Units: 1
Expenses
Total: $15,646
Pest Control: $900
Maintenance: $4,926
Insurance: $1,108
Water Sewer: $3,133
Electric: $115
New Taxes: $3,380
Gardener: $200
Multi-Unit Information
Net Operating Income: $16,279
Average 3 Bed Area Units: Sq. Ft.
Average 2 Bed Area Units: Sq. Ft.
Average 1 Bed Area Units: Sq. Ft.
Sq. Ft.
Total Building Area: 3,027
Gross Scheduled Income: $32,400
Gross Operating Income: $27,437
Gross Income: $27,437
# Of Separate Gas Meters: 3
# Of Separate Electric Meters: 3
# Of Buildings: 1
Exterior
Exterior Information
Roof: Composition
Exterior Features
Pool Features: None
Lot Information
Elevation Units: Feet
Lot Size Source: Assessor's Data
Lot Features: Front Yard, Lot 10000-19999 Sqft
Property Information
Total # of Units: 3
Common Walls: 2+ common walls
Parcel Number: 005110022
Attached Property
Year Built Source: Assessor
Financial
Lease / Rental Details
Operating Expense: $11,158
Tenant Pays: Electricity, Gas
Utilities
Utilities Information
Sewer: Public Sewer
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Available
Water Source: District/Public
Location
Neighborhood Information
Community Features: Gutters, Sidewalks, Suburban
Location Information
Latitude: 36.98494200
Longitude: -120.05288000
Directions: From Cleveland Ave, go north on North Lake Ave to Adell St, east on Adell to Merced, north on Merced to property
Public facts
Beds: 12
Baths: 6.0
Sq. Ft.: 3,108
Stories: —
Lot Size: 0.29 acres
Style: Multi-Family (2-4 Unit)
Year Built: 2004
Year Renovated: —
County: Madera County
APN: 005110022000
Home facts updated by county records on Jul 10, 2026
Other
Listing Information
Days Active in MLS: 8
Continuous Days Active in MLS: 8
Listing Agent Information
List Agent First Name: Paul
List Agent Last Name: Sobaje
Listing Office Information
List Office Name: Continental Realty
Selling Agent Information
Buyer Agent First Name: Stan
Buyer Agent Last Name: Velu
Selling Office Information
Buyer Office Name: CRMLS
Around this home
Schools
James Monroe Elementary School
Public K-6 • Assigned • 0.1mi
3/10
Jack G. Desmond Middle School
Public 7-8 • Assigned • 0.8mi
3/10
Matilda Torres High
Public 9-12 • Assigned • 1.2mi
4/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
6/10 Fire Factor
9% chance of being in a wildfire in next 30 years
8/10 Heat Factor
7 days above 106° expected this year, 17 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
10/10 Air Factor
38 unhealthy days expected this year, 40 days in 30 years
Provided by First Street
Historical weather
Madera, CA • 93638
Average low and high temperatures (°F)
60
39
65
43
72
47
75
48
84
55
94
60
96
61
98
63
93
62
81
53
65
46
56
43
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 13.3 hours in
June and 4.3 hours in December, placing it above the
U.S. average for solar exposure.
13.3 hrs
4.3 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$537,000 – $650,000
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