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Multifamily Apartment Building Portfolio
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210 N C St & 212 412 E 4th St, Madera, CA 93638

A 48-unit apartment portfolio on three parcels with on-site laundry and separately metered gas and electric.

Property Size30,982 SF
Lot Size1.03 Acres
Days on Market120

Property Features for 210 N C St & 212 412 E 4th St

General Information

Standard status Active
Size 30,982 SF
Lot size 1.03 Acres
Property subtype Multifamily

Additional Details

Cap Rate 6.22%
Highway Access Yes
Multifamily Units 48

Amenities

on-site laundry

Building Details

Year Built 1976
Listing Agency: Marcus & Millichap - Fresno
Listed By: Jon Mimms · License #CA
Source: Crexi
Added: Apr 13 Changed: Aug 8 Last Checked: Jul 23 at 2:54AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Fresno

Investment Insights

Based on property information with market context.

This apartment building portfolio was built in 1976 and totals 48 residential units across three separate parcel numbers on an approximately 1.03-acre lot. The mix includes studios, one-bedroom units (with one- and two-bath configurations), and two-bedroom units including townhouse-style two-bedroom/two-bath layouts. Units are separately metered for gas and electric. Select units have been upgraded with vinyl plank flooring and granite countertops, while the remaining units feature newer carpet and tile countertop upgrades. An on-site laundry facility provides an additional source of income.

The properties are located off E 4th Street in Central Madera and provide easy access on and off Highway 99. Dining and retail options are within walking distance, and Downtown Madera is close by. Nearby schools include Sierra Vista Elementary, Martin Luther King Jr. Middle School, and Madera South High School. Major retailers in the area include El Toro Loco Supermarket, Dollar General, and Walmart.

The portfolio’s unit mix and current upgrade distribution support a range of tenant needs, from studio through townhouse-style two-bedroom/two-bath units, all within a single ownership offering.

Key Highlights

  • 48‑unit apartment portfolio built in 1976 on a 1.03‑acre lot across three separate parcel numbers
  • Approximately 30,982 rentable SF with a favorable unit mix: 10 studios, 23 1BD/1BA, 2 1BD/2BA, 5 2BD/1BA, and 8 2BD/2BA townhouse‑style units
  • Units are separately metered for gas and electric

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Kitchen & Bath Showroom Electrical Service Skin Care Clinic (Bike/Boat/Book/etc) Store Storage Facility Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

48
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,152
Businesses Nearby

Demographics for 93638, CA

51,106
Population
12,821
Households
4
Avg Household Size
29
Median Age
8%
College-Educated
56%
High-School Grad
90.3 sq mi
ZIP Area
566
Density / Sq Mi
$60,031
Median Household Income
$28,544
Median Earnings
$1,218
Median Rent
$291,500
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - A 48-unit apartment portfolio on three parcels with on-site laundry and separately metered gas and electric.
Where is this apartment building located?
The property is located at 210 N C St & 212 412 E 4th St Madera, CA.
What are key features of this property?
This property features: 48‑unit apartment portfolio built in 1976 on a 1.03‑acre lot across three separate parcel numbers; Approximately 30,982 rentable SF with a favorable unit mix: 10 studios, 23 1BD/1BA, 2 1BD/2BA, 5 2BD/1BA, and 8 2BD/2BA townhouse‑style units; Units are separately metered for gas and electric
More about this property
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