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227 Madrone StreetRedwood City, CA 94061

For Sale

$2,650,000

Smart Buyer Rebate $26,500

227 Madrone St is a stunning 3-unit apartment community with one single-family home located in the thriving city of Redwood City, California. Situated on a 7,500 square foot parcel of land, the subject property was originally constructed in 1950 and has a gross building area of approximately 4,268 square feet, offering its tenants beautifully designed three-bedroom and two-bedroom floor plans. 227 Madrone St has undergone significant capital improvements and updates in the past few years, including extensive interior renovations featuring updated kitchens, stainless steel appliances, renovated bathrooms, in-unit washers and dryers, and an updated electrical system. The subject property is located within walking distance to lively Downtown Redwood City, which offers tenants a myriad of high-end shopping, dining, and entertainment options. The Redwood City Caltrain Station, offering Baby Bullet service, is also within walking distance and provides an inexpensive, hassle-free commute to major employment and entertainment centers in San Francisco, the Peninsula, and the South Bay. In addition to excellent public transportation options, tenants enjoy easy access to U.S. Route 101, Interstate 280, the San Mateo-Hayward Bridge, and the Dumbarton Bridge.

Listed by Robert Johnston

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License #01853816

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Marcus & Millichap

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510-304-8077

Listed by Adam S. Levin

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License #01462752

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Marcus & Millichap

Last updated June 12, 2026

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Source: MLSListings #ML82049676

Listing Facts

  • TypeMulti-family
  • NeighborhoodRedwood Oaks
  • Days on Prevu14
  • Taxes$29,140/year
  • Size4,268 sqft
  • Price per sqft$621

Amenities

  • Pets Allowed
  • Parking

Location

Mortgage Calculator

Listing History

06/03/2026
Listed by Marcus & Millichap
$2,650,000

Property Details for 227 Madrone Street

Association

General

  • Number Of Units In Community: 4

Exterior

Construction

  • Roof: Composition
  • Stories: 1
  • Year Built: 1950
  • Year Built Details: 2

Measurements

  • Building Area Total: 4,268
  • Lot Size Area: 7,458
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 7,458
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 4.66
  • Gross Income: $167,330.00
  • Operating Expense Includes: Advertising, Maintenance, Trash, Water/Sewer

Taxes

  • Parcel Number: 053-331-220
  • Tax Annual Amount: $29,140.00

Interior

Measurements

  • Living Area: 4,268

Parking

Parking

  • Carport Spaces: 4
  • Carport: Yes
  • Parking Features: Carport, Covered Parking

Schools

Elementary School

  • Elementary School District: Redwood City Elementary

High School

  • High School District: Sequoia Union High

Utilities

Equipment

  • Cooling: Ceiling Fan
  • Heating: Central Forced Air
  • Sewer: Public Sewer
  • Utilities: Water - Public, Individual Electric Meters, Individual Gas Meters
  • Water Source: Public

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 227 Madrone Street.

What are the annual taxes for 227 Madrone Street?

Annual taxes for this multi-family home are estimated at $29,140.

How does 227 Madrone Street compare to other multi-family homes in Redwood Oaks?

This multi-family home is listed 3% below the average price for multi-family homes in Redwood Oaks and has been on the market for 6 less days than the typical home in this area.

What is the square footage on this multi-family home?

According to the MLS, this listing is 4,268 sqft.

227 Madrone Street is a -bedroom multi-family home for sale in Redwood City CA 94061. On Prevu for 14 days at $2,650,000. This property features 4,268 square feet of living space, located in Redwood Oaks. The median listing price for multi-family homes in this area is $1,689,000. Property amenities include pets allowed and parking. Browse more multi-family home listings in Redwood City.

Based on information from MLSListings™️ and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.