$8,950,000
PENDING

Estimated payment $55,843/month

Total Views 2,539
115 Beds
1 Bath
52,142 Sq Ft
$172 Price per Sq Ft

Highlights

  • 1.6 Acre Lot
  • Video Cameras
  • Landscaped
  • No HOA
  • Tile Flooring
  • Ceiling Fan

About This Home

River Bluff Apartments is a 69-unit multifamily investment opportunity located at 6500 Jackson Avenue in Riverbank, CA (APNs 075-009-001 and 075-009-002). Spanning 1.6 acres with 52,142 SF across twelve residential buildings, the property offers a mix of one- and two-bedroom units plus 32 townhome-style layouts. Originally built in 1972/1976 and upgraded over the last decade (HVAC, roofs, windows, electrical panels, exterior paint), River Bluff Apartments provides minimal near-term capital needs and stable operations. Conveniently located near Modesto retail centers, schools, and major transportation corridors, the property benefits from strong tenant demand and market growth trends.

Listing Agent

Jacob Friedrich

Cosol Commercial Real Estate License #02017662 Listed on: 09/17/2025

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1972

Lot Details

  • Landscaped

Home Design

  • Concrete Foundation
  • Concrete Perimeter Foundation

Interior Spaces

  • 52,142 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Video Cameras

Kitchen

  • Free-Standing Electric Oven
  • Dishwasher

Flooring

  • Carpet
  • Tile

Parking

  • 69 Parking Spaces
  • Off-Street Parking

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 075-009-001

Community Details

Overview

  • No Home Owners Association
  • 8 Buildings
  • 69 Units

Building Details

  • 68 Leased Units
  • 1 Vacant Unit

Additional Features

  • Laundry Facilities
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Subtype Description: Apartments, Townhouses
  • Property Subtype 1: 5 or More Units
  • Stories: 2
  • Year Built: 1972
  • Stories: 2
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher, Free Standing Electric Oven
  • Flooring: Carpet, Tile
  • Price Per Square Foot: 171.65
  • Square Footage: 52142.00

Exterior Features

  • Construction Materials: Concrete
  • Foundation: Concrete
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 8950000.00
  • Lot Features: Curb(s), Landscape Back, Landscape Front
  • New Construction: No
  • Pool: No
  • Spa: No

Garage/Parking

  • Parking Features: Off Street
  • Total Parking Spaces: 69.00

Utilities

  • Security: Smoke Detector, Video System
  • Sewer: Public Sewer
  • Utilities: Other
  • Cooling: Ceiling Fan(s), Wall Unit(s), Window Unit(s)
  • Heating: Natural Gas
  • Laundry Features: In Common Area
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Fee Information

  • Land Lease: No

Schools

  • Senior High School District: Riverbank Unified

Lot Info

  • Zoning: R-3
  • Irrigation: None
  • Lot Size Acres: 1.6000
  • Lot Size Sq Ft: 69696.00

Multi Family

  • Income Includes: ["Rent Only","Laundry"]
  • Number of Leased Units: 68
  • Number of Units: 69
  • Number of Vacant Units: 1

Tax Info

  • Assessor Parcel Number: 075-009-001
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Stanislaus

Map

Range of Values:

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Value Increase
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/10/2025 10/10/25 Pending -- -- --
09/17/2025 09/17/25 For Sale $8,950,000 +255.5% $172 / Sq Ft
02/17/2016 02/17/16 Sold $2,517,500 -1.5% $1,929 / Sq Ft View Prior Sale
12/05/2015 12/05/15 Pending -- -- --
08/16/2015 08/16/15 For Sale $2,555,000 -- $1,958 / Sq Ft
Source: MetroList

Source: MetroList

MLS Number: 225121701

MetroList