$829,900

2840 Levon Ave Modesto, CA 95350

Estimated payment $4,621/month

Total Views 2,343
9 Beds
5 Baths
4,142 Sq Ft
$200 Price per Sq Ft

Highlights

  • Popular Property
  • Contemporary Architecture
  • No HOA
  • City Lights View
  • Private Yard
  • 4 Car Attached Garage

About This Home

Well-located residential fourplex offering solid income with strong long-term upside in a stable Modesto rental market. The property features a desirable unit mix of one 3bd/2ba unit and three 2bd/1ba units, totaling over 4,100 sq ft, which is larger than many comparable fourplexes in the area. 3 units have central heating & air and the 4rth has a split air/heat system. Carport parking, and additional open parking enhancing tenant appeal. The exterior has been recently painted, with additional interior improvements completed in select units. Overall condition is good, providing a solid foundation for a value-add investor. Current rents are below market, offering clear upside through future rent adjustments as units turn or annual increases. Conveniently located near shopping, schools, parks, and Highway 99 just off Tully Rd, half a block from Davis High School, and near Standiford Ave. Ideal opportunity for investors seeking a larger-than-average fourplex with a strong unit mix and long-term growth potential. This building and location could also be attractive and an ideal starting point for a future investor by owner-occupancy in one unit while renting the others.

Listing Agent

Victor Barraza

PMZ Real Estate License #01044484 Listed on: 01/30/2026

PMZ Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1972

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions: 62
  • Private Yard

Home Design

  • Quadruplex
  • Contemporary Architecture
  • Traditional Architecture
  • Brick Exterior Construction
  • Raised Foundation
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 4,142 Sq Ft Home
  • 2-Story Property
  • Tile Flooring
  • City Lights Views

Kitchen

  • Free-Standing Electric Oven
  • Built-In Gas Range
  • Dishwasher

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 4 Car Attached Garage
  • 4 Carport Spaces
  • 4 Open Parking Spaces

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Separate Meters
  • 220 Volts
  • Water Heater

Listing and Financial Details

  • Assessor Parcel Number 060-034-059-000

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Subtype Description: Apartments
  • Property Subtype 1: Quadruplex
  • Stories: 2
  • Year Built: 1972
  • Architectural Style: Contemporary, Traditional
  • Levels: Two
  • Stories: 2
  • Number of Three Bedroom Units: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Built-In Gas Range, Dishwasher, Electric Cook Top, Free Standing Electric Oven
  • Flooring: Tile, Other
  • Price Per Square Foot: 200.36
  • Square Footage: 4142.00

Exterior Features

  • Construction Materials: Brick, Stucco, Frame, Wood
  • Disclosures/Documents: Other
  • Exterior Features: Yard Space
  • Foundation: Raised
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 829900.00
  • Lot Features: Shape Regular, Curbs/Gutters, Sidewalk
  • New Construction: No
  • Patio And Porch Features: Uncovered Patio
  • Pool: No
  • Property Condition: Varies by Unit
  • Roof: Shingle, Composition
  • Spa: No
  • Topography: Level,Level
  • View Description: City Lights

Garage/Parking

  • Open Parking Spaces: 4.00
  • Carport Spaces: 4.00
  • Parking Features: Attached, Open, Carport
  • Total Parking Spaces: 4.00

Utilities

  • Security: Carbon Mon Detector, Double Strapped Water Heater, Smoke Detector
  • Sewer: Other
  • Utilities: City, Other
  • Cooling: Central
  • Electric: 220 Volts
  • Heating: Central, Other
  • Laundry Features: Other
  • Water Source: Public
  • Separate Meters: Electricity, Gas

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Fee Information

  • Land Lease: No

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning: R3
  • Irrigation: Public District
  • Lot Size Acres: 0.2663
  • Lot Dimensions: 62 x 188
  • Lot Size Sq Ft: 11600.00

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Income Includes: ["Rent Only"]
  • Number of Leased Units: 4
  • Number of Month to Month Units: 4
  • Number of Units: 4
  • Two Bedroom Annual Occupancy: 100
  • Three Bedroom Annual Occupancy: 100
  • Two Bedroom Rent Range: $900-$975
  • Three Bedroom Rent Range: $1600

Tax Info

  • Assessor Parcel Number: 060-034-059-000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Stanislaus

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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
2025 $3,744 $320,157 $49,250 $270,907
2024 $3,576 $313,881 $48,285 $265,596
2023 $3,524 $307,728 $47,339 $260,389
2022 $3,438 $301,695 $46,411 $255,284
2021 $3,234 $295,780 $45,501 $250,279
2020 $3,297 $292,748 $45,035 $247,713
2019 $3,221 $287,008 $44,152 $242,856
2018 $3,066 $281,382 $43,287 $238,095
2017 $2,993 $275,866 $42,439 $233,427
2016 $2,936 $270,457 $41,607 $228,850
2015 $2,896 $266,396 $40,983 $225,413
2014 $2,852 $261,179 $40,181 $220,998
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/02/2026 02/02/26 Price Changed $829,900 0.0% $200 / Sq Ft
01/30/2026 01/30/26 For Sale $830,000 +219.2% $200 / Sq Ft
11/01/2012 11/01/12 Sold $260,000 -3.7% $63 / Sq Ft View Prior Sale
08/15/2012 08/15/12 Pending -- -- --
05/01/2012 05/01/12 For Sale $270,000 -- $65 / Sq Ft
Source: MetroList

Purchase History

Date Type Sale Price Title Company
Grant Deed $260,000 Old Republic Title Company
Grant Deed $195,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $195,000 Commercial
Previous Owner $146,250 Commercial
Source: Public Records

Source: MetroList

MLS Number: 226010832

MetroList

APN: 060-34-59