Estimated payment $8,301/month
Highlights
- Downtown View
- No HOA
- Vinyl Flooring
- Corner Lot
- High Speed Internet
- 1-Story Property
About This Home
Prime investment opportunity in Downtown Modesto! 618 J St, Modesto offers a well-positioned multifamily asset featuring a total of nine units across multiple structures, consisting of a mix of studio and one-bedroom layouts that provide consistent rental demand. The property has been well maintained and improved over time, with functional units designed for efficient, low-maintenance operation and strong tenant appeal. Several units are currently occupied by long-term tenants, providing immediate in-place income, with additional upside potential through future rent adjustments as units turn over. The property benefits from a prominent corner lot location with excellent visibility and convenient access to Highway 99, public transportation, dining, shopping, and entertainment within the Downtown Modesto core. The surrounding area continues to experience ongoing revitalization and development activity, supporting long-term rental stability and value growth. Ideal for investors seeking a stable, income-producing asset with upside potential in a strong and improving rental market.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1939 | Remodeled
Lot Details
- 10,500 Sq Ft Lot
- Corner Lot
Parking
- On-Street Parking
Home Design
- Raised Foundation
- Composition Roof
- Stucco
Interior Spaces
- 2,910 Sq Ft Home
- 1-Story Property
- Downtown Views
Kitchen
- Free-Standing Gas Range
- Disposal
Flooring
- Laminate
- Vinyl
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Utilities
- Ductless Heating Or Cooling System
- Window Unit Cooling System
- Wall Furnace
- Natural Gas Connected
- Property is located within a water district
- Gas Water Heater
- High Speed Internet
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 104-016-001-000
Community Details
Overview
- No Home Owners Association
- 3 Buildings
- 9 Units
Building Details
- 8 Leased Units
- 1 Vacant Unit
- 6 Units Leased Month-To-Month
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 | $5,748 | $491,536 | $68,267 | $423,269 |
| 2024 | $5,491 | $481,899 | $66,929 | $414,970 |
| 2023 | $5,410 | $472,451 | $65,617 | $406,834 |
| 2022 | $5,279 | $463,188 | $64,331 | $398,857 |
| 2021 | $4,965 | $454,107 | $63,070 | $391,037 |
| 2020 | $5,062 | $449,452 | $62,424 | $387,028 |
| 2019 | $4,945 | $440,640 | $61,200 | $379,440 |
| 2018 | $4,708 | $432,000 | $60,000 | $372,000 |
| 2017 | $2,223 | $204,828 | $76,465 | $128,363 |
| 2016 | $2,180 | $200,813 | $74,966 | $125,847 |
| 2015 | $2,151 | $197,797 | $73,840 | $123,957 |
| 2014 | $2,117 | $193,923 | $72,394 | $121,529 |
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 |
|---|---|---|---|---|
| 06/24/2026 06/24/26 | For Sale | $1,375,000 | -- | $473 / 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 | $239,000 | Chicago 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 |
|---|---|---|---|
| Open | $500,000 | New Conventional | |
| Closed | $321,750 | Stand Alone Refi Refinance Of Original Loan | |
| Closed | $180,000 | Commercial |
Source: MetroList
MLS Number: 226079619
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