Prime investment opportunity in Modesto! 814 2nd Street offers four income-producing units with a strong rental history and excellent cash flow potential. Three units are currently occupied by long-term tenants, with Unit #4 vacant and ready for a new tenant at market rent or for an owner-occupant. Each unit features 2 bedrooms and 1 bathroom, offering spacious and functional layouts that appeal to a wide range of renters. The property also includes an extra room for owner storage, adding convenience and functionality. The three leased units are already bringing in $3,480 per month, and once fully occupied, the projected annual gross revenue is upwards $55k+, making this an attractive property for investors seeking stable returns. Designed for low-maintenance management, this property helps maximize net income while minimizing hassle. Conveniently located near shopping, dining, schools, and major highways, it appeals to a wide range of renters. Whether you are a seasoned investor looking to expand your portfolio or a first-time buyer entering the rental market, this turnkey opportunity offers immediate income potential with room to grow. Don't miss your chance to secure a multi-unit property in a rapidly developing rental area of Modesto.
Redwood Real EstateLicense #02126716Listed on: 08/09/2025
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$5,607
Year Built
Built in 1969
Lot Details
7,000 Sq Ft Lot
Home Design
Quadruplex
Brick Exterior Construction
Slab Foundation
Composition Roof
Stucco
Interior Spaces
2,800 Sq Ft Home
2-Story Property
Window Treatments
Window Screens
Free-Standing Electric Range
Flooring
Carpet
Linoleum
Laminate
Home Security
Carbon Monoxide Detectors
Fire and Smoke Detector
Parking
4 Parking Spaces
Off-Street Parking
Utilities
Window Unit Cooling System
Wall Furnace
Property is located within a water district
Water Heater
Listing and Financial Details
Assessor Parcel Number 104-025-011-000
Community Details
Overview
No Home Owners Association
4 Units
Building Details
3 Leased Units
1 Vacant Unit
3 Units Leased Month-To-Month
Net Lease
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$5,607
Year Built
Built in 1969
Lot Details
0
Listing Details
Property Type: Residential Income
Subtype Description: Apartments
Property Subtype 1: Quadruplex
Stories: 2
Year Built: 1969
Levels: Two
Stories: 2
Special Features: None
Property Sub Type: MultiFamily
Interior Features
Appliances: Free Standing Electric Range
Flooring: Carpet, Laminate, Linoleum
Basement: None
Price Per Square Foot: 267.86
Square Footage: 2800.00
Window Features: Window Coverings, Window Screens, Varies by Unit
Exterior Features
Construction Materials: Brick, Stucco
Disclosures/Documents: Preliminary Title Report
Foundation: Slab
Home Warranty: No
Horse Property: No
Listing Price: 750000.00
Lot Features: Shape Regular, Sidewalk
New Construction: No
Pool: No
Property Condition: Varies by Unit
Roof: Composition
Spa: No
Topography: Level,Level
Garage/Parking
Parking Features: Off Street
Total Parking Spaces: 4.00
Utilities
Security: Carbon Mon Detector, Double Strapped Water Heater, Smoke Detector
Sewer: In & Connected
Utilities: City
Cooling: Window Unit(s)
Heating: Wall Furnace
Laundry Features: Other
Water Source: Water District, Public
Condo/Co-op/Association
Association: No
Senior Community: No
Fee Information
Land Lease: No
Schools
Senior High School District: Modesto City
Lot Info
Zoning: R1
Irrigation: None
Lot Size Acres: 0.1607
Lot Size Sq Ft: 7000.00
Rental Info
Lease Type: Net
Multi Family
Income Includes: ["Other"]
Total Number Leasable: 4
Number of Leased Units: 3
Number of Month to Month Units: 3
Number of Units: 4
Number of Vacant Units: 1
Number Of2 Bedrooms Occupied: 3
Tax Info
Assessor Parcel Number: 104-025-011-000
Bonds/Assessments/Taxes: Unknown
MLS Schools
School District (County): Stanislaus
Map
Range of Values:
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area
Source: Public Records
Average Home Value in this Area
Source: Public Records
Tax History
Year
Tax Paid
Tax AssessmentTax 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.
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This home is located at 814 2nd St, Modesto, CA 95351 and is currently priced at $750,000, approximately $267 per square foot. This property was built in 1969. 814 2nd St is a home located in Stanislaus County with nearby schools including Franklin Elementary School, Mark Twain Junior High School, and Modesto High School.
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