228 Elm Ave Manteca, CA 95336
Downtown Manteca NeighborhoodEstimated payment $5,481/month
Highlights
- No HOA
- Garage
- Carpet
- Forced Air Heating System
- Wood Siding
About This Home
Rare fourplex investment opportunity in East Manteca. Built in 1994, this 3,120 sq ft four-unit property offers four 2 bedroom, 1 bath units, two upstairs and two downstairs, each with its own private garage. Three units are currently occupied on month-to-month terms at rents below current market, and one unit is vacant, giving a buyer immediate flexibility to live in one unit while renting the other three, or to step in and reposition the whole property at market rents from day one. Recent updates in the vacant unit include fresh interior paint, new carpet, and new lighting. Location is East Manteca, walking distance to multiple shopping centers, with easy access to Highway 99, Highway 120, and Kaiser Permanente Manteca. This is a true value-add play for the seasoned investor looking to bring rents to market, the new investor wanting an entry-level multifamily asset, or an owner-occupant who wants to live in one unit, fix it up further, and let tenant income help cover the mortgage. This property is full of opportunity and flexibility!
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1994
Lot Details
- 8,250 Sq Ft Lot
Home Design
- Quadruplex
- Composition Roof
- Wood Siding
Flooring
- Carpet
- Linoleum
- Vinyl
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Bathrooms
Parking
- Garage
- On-Street Parking
Utilities
- Cooling Available
- Forced Air Heating System
Community Details
- No Home Owners Association
- 4 Units
Listing and Financial Details
- Assessor Parcel Number 217200050000
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $6,529 | $583,664 | $143,263 | $440,401 |
| 2024 | $6,346 | $572,220 | $140,454 | $431,766 |
| 2023 | $6,270 | $561,000 | $137,700 | $423,300 |
| 2022 | $7,204 | $642,249 | $247,542 | $394,707 |
| 2021 | $7,126 | $629,657 | $242,689 | $386,968 |
| 2020 | $6,838 | $623,202 | $240,201 | $383,001 |
| 2019 | $3,339 | $300,000 | $90,000 | $210,000 |
| 2018 | $3,360 | $300,000 | $90,000 | $210,000 |
| 2017 | $3,376 | $300,000 | $90,000 | $210,000 |
| 2016 | $3,692 | $330,000 | $65,000 | $265,000 |
| 2015 | $3,391 | $300,000 | $50,000 | $250,000 |
| 2014 | -- | $300,000 | $75,000 | $225,000 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/30/2026 06/30/26 | For Sale | $900,000 | -- | $288 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $550,000 | Vernon James H | |
| Quit Claim Deed | -- | None Available | |
| Trustee Deed | $518,899 | None Available | |
| Grant Deed | $715,000 | Fidelity Natl Title Ins Co | |
| Grant Deed | $360,000 | Old Republic Title Company |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $464,750 | Purchase Money Mortgage | |
| Previous Owner | $333,700 | Unknown | |
| Previous Owner | $304,000 | Unknown | |
| Previous Owner | $288,000 | No Value Available |
About the Listing Agent
Jennifer knows that buying, selling, or investing in real estate can be a thrilling time in your life. It can also be extremely stressful. Jennifer loves being able to serve as your guide, partner, and advocate to navigate the process smoothly and successfully.
Whether selling your house or helping you find the perfect home or investment property, Jennifer works diligently on your behalf to provide you with personalized service, setting a new standard of excellence for your real estate
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Source: Contra Costa Association of REALTORS®
MLS Number: 41140129
APN: 217-200-05
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Ask me questions while you tour the home.