Great investment opportunity. Low-maintenance 4-plex with two one-level buildings on a large 11,900+ square foot lot. Annual Gross Income $106,560.00. All units have two bedrooms, one full bath, and laundry hook-up with yards/patios. Walking distance to markets, restaurants/deli, parks, and schools in established Sherwood neighborhood. All leases are month-to-month, conventional residential financing for 4-plex or cash or maybe your 1031 Exchange clients.
Property Details
Price:
$1,550,000
MLS #:
ML81995311
Status:
A
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Quadruplex
Neighborhood:
699
Listed Date:
Oct 16, 2025
Finished Sq Ft:
3,136
Total Sq Ft:
3,136
Lot Size:
11,937 sqft / 0.27 acres (approx)
Year Built:
1964
See this Listing
Schools
School District:
Other
Interior
Cooling
NO
Heating
WL
Exterior
Architectural Style
TRD
Parking Spots
8
Roof
CMP
Financial
Taxes
$8,714
Map
Community
- AddressS Madeira AV Salinas CA
- CitySalinas
- CountyMonterey
- Zip Code93905
Market Summary
Current real estate data for Single Family in Salinas as of Nov 01, 2025
115
Single Family Listed
288
Avg DOM
496
Avg $ / SqFt
$884,456
Avg List Price
Property Summary
- S Madeira AV Salinas CA is a Single Family for sale in Salinas, CA, 93905. It is listed for $1,550,000 and features 0 beds, 0 baths, and has approximately 3,136 square feet of living space, and was originally constructed in 1964. The current price per square foot is $494. The average price per square foot for Single Family listings in Salinas is $496. The average listing price for Single Family in Salinas is $884,456.
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