217 Madison Avenue Redwood City, CA $ 1,888,000
217 Madison Avenue
$ 1,888,000
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217 Madison Avenue

Redwood City, CA, 94061
$ 1,888,000
Baths0.0 Sq 3,783

Monthly Estimate*

$ 11,779

Listed by Terrace Associates
217 Madison Avenue, Redwood City, CA 94061 - Image 1
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Studio

Multi-Family Home for sale in Redwood City, CA

for $1,888,000. This 3,783 square foot home was built in 1969 on a lot size of 0.1194.

Great Starter Investment! Multi Unit Residential Building in very Convenient Location. Walk to Whole Foods, Starbucks and Redwood City Downtown entertainment, Shops and Restaurants, Bus and Train Station nearby. Value of Two 2 Bedroom apartments plus a Spacious 4 Bedroom 3 Bathroom ground floor Unit big enough for extended family and friends. Convenience of 3 Garages plus extra storage space and Coin Laundry Room. The large ground floor unit Produces 2 Rent payments and the upstairs Two 2 Bedroom Units Produces 2 more Rent payments! Excellent annual gross income.. And there is Solar on the Roof Save$! Great Income! And Price Just Reduced! (What can be better than retirement income and a place to live in future?)

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Multi-Family Active

Price

$ 1,888,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 11,594

Style

Lot Size

0.1194

Year Built

1969

Town/City

Redwood City

County/Region

San Mateo

MLS | Web ID

ML82013379

Days on Market

119

Features
General
Living Area 3783
Sewer Public Sewer
Cooling None
Appliances Electric Oven Refrigerator Vented Exhaust Fan
Zoning R
Garage Spaces 3
Architectural Style French Provincial
Year Built 1969
View City Lights
Property Subtype Triplex
Accessibility None
County San Mateo
Insurance Expense 3431
Property Type Residential Income
HOA false
MaintenanceExpense 5000
Garage Y/N true
Special Listing Conditions Standard
Status Active
Directions From Hudson take Madison Ave. and go East jog Right at Fulton and Left to resume travel on Madison go to 217 Madison Avenue where you will see the Building front. The 3 Car Garage can be seen on the Alley behind 217 Madison Avenue Cross Street: Adams
City Redwood City
Disclosures Rent Control
High School District Other
MLS Area 699 - Not Defined
Lot Size Units Square Feet
Lot Size Square Feet 5200
Carport Spaces 0
Tax Annual Amount 11594
Trash Expense 9600
Rent Control Y/N true
Standard Status Active
Occupancy Type Tenant
Year Built Source Assessor
Virtual Tour https://www.tourbuzz.net/public/vtour/full/2354333
Property Sub Type Additional Triplex
Cap Rate 4.96
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Interior
Total Stories 2
Air Conditioning Y/N true
Heating Y/N true
Total Baths 0
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Exterior
Parking Features Gated
Water Source Public
Total Parking 0
Lot Size Area 5200
Foundation Details Concrete Perimeter
Number of Buildings 2
Building Area Total 3783
Lot Size Acres 0.1194
Lot Size Source Assessor
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* Excluded Features
List By
Terrace Associates

Broker

karldresden@juno.com

Email

Affordability Calculator

$12,745
Per Month
92%
8%
0%
Monthly Principal & Interest
$11,779
Monthly Property Taxes
$966
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/20/2025$1,888,000 Listed Price

Map


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217 Madison Avenue, Redwood City, CA, 94061 is a Multi-Family Home for sale at $1,888,000 with 3,783 sqft and a lot size of 0.1194. 217 Madison Avenue is a studio with 0.0 baths and was built in 1969. The property's zip code is 94061 which is in Redwood City, CA