814 2nd St Modesto, CA 95351
Downtown Modesto NeighborhoodEstimated payment $4,489/month
About This Home
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 #2 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 $3,685 per month, and once fully occupied, the projected annual gross revenue is upwards $60k+, 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.
Property Details
Home Type
- Multi-Family
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
- 1 Unit Leased Month-To-Month
Map
Home Values in the Area
Average Home Value in this Area
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 | $5,870 | $501,978 | $50,196 | $451,782 |
| 2024 | $5,607 | $492,136 | $49,212 | $442,924 |
| 2023 | $5,525 | $482,488 | $48,248 | $434,240 |
| 2022 | $5,391 | $473,028 | $47,302 | $425,726 |
| 2021 | $5,070 | $463,754 | $46,375 | $417,379 |
| 2020 | $5,170 | $459,000 | $45,900 | $413,100 |
| 2019 | $3,313 | $295,202 | $39,862 | $255,340 |
| 2018 | $3,154 | $289,415 | $39,081 | $250,334 |
| 2017 | $3,079 | $283,741 | $38,315 | $245,426 |
| 2016 | $3,020 | $278,178 | $37,564 | $240,614 |
| 2015 | $2,653 | $244,000 | $37,000 | $207,000 |
| 2014 | $2,293 | $210,000 | $37,500 | $172,500 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/05/2026 05/05/26 | Pending | -- | -- | -- | |
| 05/01/2026 05/01/26 | For Sale | $750,000 | +173.7% | $268 / Sq Ft | |
| 04/06/2015 04/06/15 | Sold | $274,000 | +1.9% | $98 / Sq Ft | View Prior Sale |
| 04/06/2015 04/06/15 | Pending | -- | -- | -- | |
| 12/21/2014 12/21/14 | For Sale | $269,000 | -- | $96 / 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 | $450,000 | Chicago Title Company | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $274,000 | First American Title Ins Co | |
| Trustee Deed | -- | First American Title Co | |
| Interfamily Deed Transfer | -- | Alliance Title Company | |
| Grant Deed | -- | -- | |
| Grant Deed | -- | -- | |
| Interfamily Deed Transfer | -- | Alliance Title Company | |
| Grant Deed | $180,000 | Alliance 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 | $205,500 | Commercial | |
| Previous Owner | $348,000 | Commercial | |
| Previous Owner | $144,000 | Commercial | |
| Closed | $27,000 | No Value Available |
Source: MetroList
MLS Number: 226054839
APN: 104-25-11
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Ask me questions while you tour the home.