101 I Street, Modesto, CA 95351, Modesto, 95351 - 0 bed, 0 bath
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This quadruplex presents a High-Potential Investment Opportunity with a List Price of $750,000—positioned above the $718,841 Fair Market Value by 4%. While the property requires capital improvements due to its Condition Rating of 5, the 2,622 square foot footprint offers significant rental yield potential in a central Modesto location. This asset is ideal for Buy-and-Hold Investors or Value-Add Developers capable of modernizing vintage infrastructure to maximize long-term cash flow and stabilize the property's performance.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 101 I Street Subject 0 bd · 0 ba · 2,622 sqft · $274 | $750,000* List Price | 0 | 0 | 2,622 | $274 | - |
A 814 2nd Street Pending 8 bd · 4 ba · 2,800 sqft · $268 · 0.1 mi | $750,000 List Price | 8 | 4 | 2,800 | $268 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property was built in 1920 (104 years old). Without evidence of a major renovation within the last 30 years, the structure and systems (HVAC, electrical, plumbing) are significantly past their expected lifespan, likely requiring a full rehab to address safety and functional obsolescence.
As a quadruplex, this property offers a diversified income stream and the advantage of qualifying for residential financing, making it an ideal asset for both seasoned and first-time investors.
Situated on I Street in Modesto, the property is positioned near downtown amenities and transit, ensuring high tenant demand and historically low vacancy rates.
With 2,622 square feet divided into four units, the property provides a functional footprint that maximizes rental yield per square foot within the local market.
Built in 1920, the property likely features aging systems that may require significant capital improvements to plumbing, electrical, and structural components to meet modern standards.
The compact 3,484 square foot lot offers minimal outdoor space for tenants and likely restricts off-street parking options, which can be a drawback for multi-family dwellings.
Exceptional opportunity in Modesto. This spacious residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 3.7 |
| Baths | 0.0 | 2.2 |
| Square foot | 2,622 | 1,856.182 |
| Lot Size | 3,484 | 6,342.091 |
| Price | $750.0K | $526.8K |
| Price per sq ft | $286 | $279 |
| Built year | 1920 | 1967 |
| HOA | $0 | $0 |
| Days on market | 12 | 67 |
Oct 12, 2026
$750,000
Initial Listing