$545,000
$104K PRICE DROP

Estimated payment $3,281/month

Total Views 26,348
5 Beds
2 Baths
2,039 Sq Ft
$267 Price per Sq Ft

Highlights

  • RV or Boat Parking
  • No HOA
  • 1-Story Property
  • Corner Lot
  • Tile Flooring

About This Home

Exciting opportunity! This property provides excellent cash flow for the price. It features three residential rental units: a 2-bedroom, 1-bathroom unit, a 1-bedroom, 1-bathroom unit, a Studio Apartment, and a Grandfathered commercial building situated on a corner lot. Conveniently located just a few blocks from Hatch Road and Highway 99, it is also near new commercial developments. Additionally, there is extra square footage available for potential use.

Listing Agent

Johnny Flores

Cornerstone Homes License #01464580 Listed on: 04/29/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,250

Year Built

  • Built in 1947

Lot Details

  • 9,226 Sq Ft Lot
  • Corner Lot

Home Design

  • Quadruplex
  • Mixed Use
  • Raised Foundation
  • Slab Foundation

Interior Spaces

  • 2,039 Sq Ft Home
  • 1-Story Property

Flooring

  • Tile
  • Vinyl

Parking

  • 5 Parking Spaces
  • Open Parking
  • RV or Boat Parking

Utilities

  • Wall Furnace
  • Mini Split Heat Pump
  • Natural Gas Connected

Listing and Financial Details

  • Assessor Parcel Number 038-041-037-000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units

Building Details

  • 3 Leased Units
  • 1 Vacant Unit
  • 2 Units Leased Month-To-Month
  • Net Lease

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,250

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Subtype Description: Mixed Use
  • Property Subtype 1: Quadruplex
  • Year Built: 1947
  • Stories: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Tile, Vinyl
  • Price Per Square Foot: 267.29
  • Square Footage: 2039.00

Exterior Features

  • Construction Materials: Wood
  • Foundation: Raised, Slab
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 545000.00
  • Lot Features: Corner
  • New Construction: No
  • Pool: No
  • Spa: No

Garage/Parking

  • Parking Features: Open, RV Storage
  • Total Parking Spaces: 5.00

Utilities

  • Security: Other
  • Sewer: In & Connected
  • Utilities: Natural Gas Connected, Electric
  • Cooling: Other
  • Heating: Wall Furnace, Individual
  • Laundry Features: Other
  • Water Source: Meter on Site

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Fee Information

  • Land Lease: No

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning: Misc Mixed Commercl / RES
  • Irrigation: Other
  • Lot Size Acres: 0.2118
  • Lot Size Sq Ft: 9226.00

Rental Info

  • Lease Type: Net

Multi Family

  • Income Includes: ["Other"]
  • Total Number Leasable: 4
  • Total Number Section8: 1
  • Number of Leased Units: 3
  • Number of Month to Month Units: 2
  • Number of Units: 4
  • Number of Vacant Units: 1

Tax Info

  • Assessor Parcel Number: 038-041-037-000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Stanislaus

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,250 $267,940 $54,681 $213,259
2023 $3,205 $262,687 $53,609 $209,078
2022 $3,132 $257,537 $52,558 $204,979
2021 $2,958 $252,488 $51,528 $200,960
2020 $3,012 $249,900 $51,000 $198,900
2019 $2,947 $245,000 $50,000 $195,000
2018 $966 $70,531 $12,373 $58,158
2017 $948 $69,149 $12,131 $57,018
2016 $933 $67,794 $11,894 $55,900
2015 $920 $66,777 $11,716 $55,061
2014 $908 $65,470 $11,487 $53,983
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/13/2025 07/13/25 Price Changed $545,000 -8.4% $267 / Sq Ft
05/14/2025 05/14/25 Price Changed $595,000 -8.3% $292 / Sq Ft
04/28/2025 04/28/25 For Sale $649,000 +164.9% $318 / Sq Ft
11/30/2018 11/30/18 Sold $245,000 -5.6% $233 / Sq Ft
09/25/2018 09/25/18 Pending -- -- --
09/13/2018 09/13/18 Price Changed $259,500 -3.7% $247 / Sq Ft
08/09/2018 08/09/18 For Sale $269,500 -- $256 / Sq Ft
Source: MetroList

Purchase History

Date Type Sale Price Title Company
Deed -- None Listed On Document
Gift Deed -- None Listed On Document
Interfamily Deed Transfer -- Chicago Title Co
Deed -- Chicago Title Co
Grant Deed $245,000 Chicago Title Co
Grant Deed -- --
Grant Deed $60,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $171,500 Commercial
Previous Owner $10,000 Credit Line Revolving
Source: Public Records

Similar Homes in Modesto, CA

  • 1416 Pecos Ave, Modesto, CA 95351

    $640,000

    • 6 Beds
    • 4 Baths
    • 2,100 Sq Ft
    • 1416 Pecos Ave
    • Modesto, CA

    Turnkey Duplex in Modesto - Perfect for Investors or owner who wants to live in one side! Welcome to 1416 Pecos Ave, Modesto, CA 95351. A fantastic opportunity to own a well-maintained and updated duplex in a prime location! Each 3-bedroom, 2-bathroom unit offers approximately 1,050 sq. ft. of comfortable living space, making this an ideal property for investors seeking strong rental income or

    Eric Hummel HomeSmart PV & Associates

    Section Image
  • 712 S Santa Cruz Ave, Modesto, CA 95354

    $459,900

    • 6 Beds
    • 3 Baths
    • 2,569 Sq Ft
    • 712 S Santa Cruz Ave
    • Modesto, CA

    Investors Special! 3 homes on 1 lot! Each unit has dual pane windows and central heat and air. All units were updated prior to being sold in 2019. This large lot property needs a little TLC and it will shine. Each unit has one parking space and their own laundry room area. Flooring is a combo of tile, laminate and carpet. Roofs are composition and appear in relatively good condition. Brand new

    Josh Letras Valley Oak Real Estate

    Section Image
  • 816 Clementa Way, Modesto, CA 95351

    $469,000

    • 5 Beds
    • 2 Baths
    • 2,086 Sq Ft
    • 816 Clementa Way
    • Modesto, CA

    Well maintained duplex with good rental history offering one 3 bedroom 1 bathroom unit and a 2 bedroom 1 bath unit. One unit has had the same tenant for approximately 12 years and the other unit was updated in 2024. Gross rent for the two units is approximately 44K! FHA financing may be possible offering the opportunity to buy and live in one unit and rent the other?!?!

    Edward Neesan HomeSmart PV & Associates

    Section Image
  • 460 Colfax Ave, Modesto, CA 95354

    $575,000

    • 5 Beds
    • 3 Baths
    • 1,884 Sq Ft
    • 460 Colfax Ave
    • Modesto, CA

    WELCOME to 460 Colfax Ave in Modesto,CA. Great prime investment opportunity or live in one and rent the other. This fully remodeled 2 unit property is located near schools, parks, restaurants and shopping centers. The first unit features 3 bedrooms 2 bathrooms. The unit features 2 bedrooms 1 bathroom. All recently renovated along with NEW ROOF, NEW HVAC UNIT, NEW dual-pane windows.

    Susanna Perez RE/MAX Executive

    Section Image
  • 107 Poplar Ave, Modesto, CA 95354

    $590,000

    • 4 Beds
    • 4 Baths
    • 1,957 Sq Ft
    • 107 Poplar Ave
    • Modesto, CA

    five units , all rented 100% Great location , easy walking distance to school and downtown shopping

    Richard Rand Rand Commercial Properties

    Section Image
  • 114 College Ave, Modesto, CA 95350

    $559,000

    • 5 Beds
    • 1 Bath
    • 114 College Ave
    • Modesto, CA

    Great investment opportunity in a centrally located Modesto triplex, just minutes from Modesto Junior College and downtown! All units include washer/dryer hookups, yard access, and convenient carport parking. With one unit currently vacant, this is a prime option for owner-occupants or investors seeking immediate rental income and long-term upside.

    Jacob Friedrich Cosol Commercial Real Estate

    Section Image
  • 815 Wright St, Modesto, CA 95350

    $439,990

    • 3 Beds
    • 2 Baths
    • 1,677 Sq Ft
    • 815 Wright St
    • Modesto, CA

    Great investment property in Modesto!! Prime location very close to Modesto Jr. College with two houses next to one another both located on the street. This could be a great rental property for you, or even live in one and rent out the other. Very desirable area!!

    Greg Scudder PMZ Real Estate

    Section Image
  • 1105 Alice St, Modesto, CA 95350

    $599,999

    • 5 Beds
    • 3 Baths
    • 1,983 Sq Ft
    • 1105 Alice St
    • Modesto, CA

    What a rare find! This tenant-occupied triplex in Modesto is just a few minutes away from Modesto Junior College. A duplex is in the front, with each unit having 2 bedrooms, 1 bath. An additional unit is in the back with 1 bedroom and one bath. All units were remodeled in 2022.

    Clarissa Azevedo EXIT Realty Consultants

    Section Image
  • 3037 Snowberry Ln, Modesto, CA 95354

    $495,000

    • 4 Beds
    • 4 Baths
    • 1,984 Sq Ft
    • 3037 Snowberry Ln
    • Modesto, CA

    This spacious and well-cared-for duplex features two identical units, each offering 2 bedrooms and 2 full bathrooms. Both units include an attached 2-car garage with automatic openers and in-unit laundry hookups for added convenience. Master bedroom includes a sliding glass door that opens to a private backyard. Perfect for investors or multi-generational livinglive in one unit and rent the

    Salvador Plancarte HomeSmart PV & Associates

    Section Image

Source: MetroList

MLS Number: 225053596

MetroList

APN: 038-41-37