107 I Street, Modesto, CA 95351, Modesto, 95351 - 0 bed, 0 bath
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107 I Street
Modesto, CA 95351
ACTIVE
CONDITION: POOR
0Beds
0Baths
1,028Sq Ft
3,049Lot Size
Property Price
LIST PRICE$550,000
EST. MARKET VALUE
$544,596
SUMMARY
This triplex presents a High-Potential Investment Opportunity with a List Price of $550,000—positioned slightly above the $544,596 Fair Market Value. While the property requires significant capital improvements due to its Fair Condition Rating and aging 1932 infrastructure, the triplex configuration provides three distinct revenue streams. The compact lot minimizes maintenance overhead, making this an efficient asset for those prepared to modernize systems. This property is a strategic acquisition for Buy-and-Hold Investors or experienced contractors focused on long-term cash flow and value-add renovation.
Estimated Market Value
$544,596
Based on Realkey algorithm analyzing recent comparable sales in Modesto.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1932, this 92-year-old triplex significantly exceeds the 30-50 year threshold for major systems life cycles. With only 1,028 total square feet for three units, the interiors are likely cramped with outdated kitchens and baths. The exterior shows aged stucco and older wall/roof cooling units, indicating that the electrical, plumbing, and HVAC systems likely require a full rehab to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- Multi-Unit Income Potential
As a triplex, this property offers three separate revenue streams, providing an excellent opportunity for investors seeking consistent cash flow or a house-hacking strategy.
- Accessible Investment Entry Point
Priced at $550,000 for a multi-family asset, this property represents a relatively low barrier to entry for residential income real estate within the California market.
- Low Maintenance Lot
The compact 3,049 sqft lot size minimizes the need for extensive landscaping and exterior upkeep, helping to keep landlord operating expenses and maintenance time low.
CONSRISKS & DEFICIENCIES
- Aging Infrastructure
Built in 1932, the property may require significant capital improvements to modernize aging systems such as plumbing, electrical, and roofing to meet current building codes.
- High Density/Small Living Areas
With only 1,028 total square feet shared across three units, the individual living spaces are exceptionally small, which could limit the tenant pool and potentially increase turnover.
About 107 I Street
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.
Property Details
Public Facts
- Property Type
- Triplex
- Year Built
- 1932
- Lot Size
- 3,049 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 3.7 |
| Baths | 0.0 | 2.2 |
| Square foot | 1,028 | 1,856.182 |
| Lot Size | 3,049 | 6,342.091 |
| Price | $550.0K | $526.8K |
| Price per sq ft | $535 | $279 |
| Built year | 1932 | 1967 |
| HOA | $0 | $0 |
| Days on market | 12 | 67 |
Pricing History
Listed for Sale
Oct 12, 2026
$550,000
Initial Listing