Multifamily

North Fork, CA Multifamily Properties for Sale

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O Neals, CA Bass Lake, CA Portola, CA Oakhurst, CA Coarsegold, CA Auberry, CA Prather, CA Shaver Lake, CA
Remodeled Four-Unit Multifamily Investment Property
Updated: Sep 13, 2023
Remodeled Four-Unit Multifamily Investment Property

32989 Weatherly Ln, North Fork, CA 93643

Contact for pricing
3,428 sqft 0.11 AC lot
Fully remodeled, 100% occupied 4‑unit multi‑family property with immediate income.
Value‑add opportunity to increase income by addressing under‑market rent on Unit A and extending lease lengths, with potential to achieve a stabilized gross annual income of $81,000.
Strong investment metrics: potential 9.48% CAP rate, 1.7% DCR, and 12.97% cash‑on‑cash return once stabilized.
Unit A currently operating as a successful AirBnB with documented payouts.
Each unit features private entrances, fenced patios, and separate gas/electricity meters.
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Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 1 Active listings in North Fork, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 7 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Duplex with Private Patios
Duplex with Private Patios

1309 3rd Street, Clovis, CA 93612

$575,000
1,680 sqft

Two residential units feature garages, laundry hookups, and individual backyard patio areas near Old Town Clovis.

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Acreage Duplex with Large Shop
Acreage Duplex with Large Shop

43867 Trabuco Court, Coarsegold, CA 93614

$390,000
2,800 sqft

Two two-bedroom residences with separate entries, shared utilities, and foothill acreage for residential and outdoor use.

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Multifamily Property with Two Homes
Multifamily Property with Two Homes

35778 Wells Road, Coarsegold, CA 93614

$181,000

Two manufactured homes offer separate living spaces on a usable rural parcel with private well service.

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12-Unit Apartment Building
12-Unit Apartment Building

1491 Alluvial Ave, Clovis, CA 93611

Contact for pricing

Owned solar equipment and in-unit laundry hookups serve the residences.

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Off-Market Properties in North Fork, CA

Consider similar Off-Market properties in North Fork, CA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

57633 Rd 225
MOBILE HOME PARK, TRAILER PARK

57633 Rd 225, North Fork, CA 93643-9536

Estimated value:
$375,000
2.68 AC lot
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31700 Ellis Way
MOBILE HOME PARK, TRAILER PARK

31700 Ellis Way, North Fork, CA 93643-9762

Estimated value:
$50,000
1.76 AC lot
View details
33249 Rd 224
MOBILE HOME PARK, TRAILER PARK

33249 Rd 224, North Fork, CA 93643-9670

Estimated value:
$655,000
6.69 AC lot
View details
55493 Rd 200
MOBILE HOME PARK, TRAILER PARK

55493 Rd 200, North Fork, CA 93643-9703

Estimated value:
$235,000
5.13 AC lot
View details
59500 Mammoth Rd
MOBILE HOME PARK, TRAILER PARK

59500 Mammoth Rd, North Fork, CA 93643

Estimated value:
$245,000
1,200 sqft 5.90 AC lot
View details
33101 Willow Creek Dr
Multifamily properties

33101 Willow Creek Dr, North Fork, CA 93643

Estimated value: by Request
View details
32989 Weatherly Ln
Multifamily properties

32989 Weatherly Ln, North Fork, CA 93643

Estimated value: by Request
3,428 sqft 0.11 AC lot
View details

North Fork, CA Multifamily Properties Market Trends and Statistics

Explore 8 multifamily properties for sale in North Fork, CA on our real estate platform. These investment opportunities span a total of 3,428 square feet of properties for sale.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Quadplexes 1
Short term rental properties 1

Demographics Overview

Population 2,778
Population Growth (5Y) -6.2%
Median Household Income $67,612
College Educated 26.2%

Taxes & Financing

Tax Rate (average for all types) 0.91%
Property Tax per SF $30.31 per SF
Tax Rate vs County Average 0.17 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Madera County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Madera County

Office

Residential Income

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