- 8 Beds
- 3,136 Sqft
- .27 Acres
- 225 DOM
75 Madeira Avenue
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.
Essential Information
- MLS® #ML81995311
- Price$1,550,000
- Bedrooms8
- Bathrooms0.00
- Square Footage3,136
- Acres0.27
- Year Built1964
- TypeResidential Income
- Sub-TypeQuadruplex
- StyleTraditional
- StatusActive
Community Information
- Address75 Madeira Avenue
- Area699 - Not Defined
- CitySalinas
- CountyMonterey
- Zip Code93905
Amenities
- Parking Spaces8
Interior
- HeatingWall Furnace
- CoolingNone
- # of Stories1
Exterior
- Lot DescriptionLevel
- RoofComposition
School Information
- DistrictOther
Additional Information
- Date ListedFebruary 25th, 2025
- Days on Market225
- Zoning4 plex
Listing Details
- AgentDebra Ann Demos
- OfficeeXp Realty of California Inc
Debra Ann Demos, eXp Realty of California Inc.
Based on information from California Regional Multiple Listing Service, Inc. as of October 8th, 2025 at 9:26pm PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.