Map of Property

Moore Apartments

For Sale

615 Moore St, Madera, CA 93638

This Madera property for sale is located at 615 Moore St. The general use of Moore Apartments is multi-family and it incorporates 11,440 square feet of class C multi-family space. The current listed sale price for Moore Apartments is $2,388,000. Moore Apartments is situated on a lot that is 0.55 acre in size.

Contacts

Kirk Atamian

Re/Max Success - Kirk Atamian

Property Details

  • Property Type Multi-Family
  • Property Size 11,440 SF
  • Units 16
  • Lot Size 0.55 Acre
  • Property Tenancy Multi-Tenant
  • Building Class C
  • Year Built 1986
  • Year Renovated 2026
  • Date Updated May 14, 2026
The subject property is located in the city of Madera in Central California. It is located in a residential area and is approximately 0.5 miles south of East Yosemite Ave, a commercial avenue in Madera that contains grocery stores and restaurants.Well-maintained 16-unit property with a solid unit mix of 8 one-bedroom units and 8 three-bedroom units. Built in 1986, with 7 units remodeled in 2025. Located on a quiet, primarily residential block. The property features open garage parking, on-site laundry for added income, and is walking distance to shopping and schools. Two units are currently vacant due to remodel, giving a new owner immediate rent-up upside. A clean, turnkey investment with stable income and built-in value-add potential.
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Highlights

  • Desirable residential setting that supports stable tenancy and reduced turnover
  • Immediate value-add upside through interior rent growth as remaining units are brought to market standard
  • Larger unit mix positions the asset above typical workforce housing, widening the tenant pool
  • Operational efficiencies from centralized utilities and on-site amenities improve long-term margins
  • Scarcity asset in a submarket with limited new multifamily development, supporting rent resilience
  • Strong in-place fundamentals with the ability to push NOI without major capital projects

Getting around

  • 67/100

    Walk Score ®

  • 28/100

    Transit Score ®

  • 58/100

    Bike Score ®

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Location

  • City Madera, CA
  • Neighborhood Downtown Madera
  • Zip Code 93638
  • Market Central Valley

Points of Interest

  • Pacific Pride

    0.50 miles

  • Central Gas

    0.52 miles

  • 76

    0.60 miles

  • Valero

    0.60 miles

  • Chevron

    0.63 miles

  • Shell

    0.64 miles

  • Arco

    0.65 miles

  • Tesla Supercharger

    9.28 miles

  • Madera County Parking Structure

    0.80 miles

  • La Quinta Inn & Suites Madera

    0.83 miles

  • SpringHill Suites Madera

    1.05 miles

  • Knights Inn Madera

    1.91 miles

  • Casa Grande Motel

    2.54 miles

  • Hampton Inn & Suites Madera

    4.02 miles

  • Motel 6

    6.16 miles

  • El Changarro MX

    0.39 miles

  • El Mercado

    0.43 miles

  • Gateway Market

    0.52 miles

  • El Realito de Oro

    0.54 miles

  • Rancho San Miguel Market

    0.73 miles

  • Super Save

    1.09 miles

  • Sears

    1.83 miles

  • Grocery Outlet

    1.93 miles

  • Walmart

    2.03 miles

  • Pak 'N Save

    2.20 miles

Contact Listing Broker
Kirk Atamian

Re/Max Success - Kirk Atamian

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