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    North Fork, CA
    Quadplex

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    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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    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in North Fork, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    4-Unit Quadplex with Private Patios
    4-Unit Quadplex with Private Patios

    1493 W Fairmont Avenue, Fresno, CA 93705

    $850,000
    4,336 sqft 0.24 AC lot

    Each residence has two bedrooms, two bathrooms, a fireplace, and washer/dryer hookups.

    View details
    Four-Unit Multifamily Property with Garages
    Four-Unit Multifamily Property with Garages

    34681 Avenue 12, Madera, CA 93636

    $1,400,000
    4,941 sqft 2.25 AC lot

    Commercial zoning and month-to-month occupancy provide flexibility across the existing multifamily units.

    View details
    Four-Unit Apartment Property
    Four-Unit Apartment Property

    820 Sherwood Way, Madera, CA 93638

    $725,000
    4,204 sqft

    Four residential units offer varied layouts, dedicated garages, and on-site laundry facilities.

    View details
    Single-Story Fourplex
    Single-Story Fourplex

    2216 N 1st St, Fresno, CA 93703

    $485,000
    2,555 sqft 0.19 AC lot

    Four residential units are arranged across a single level, with four bedrooms and four bathrooms in total.

    View details

    North Fork, CA Quadplexes Market Trends and Statistics

    Explore 1 quadplexes 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

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