1128 Multnomah Drive, Modesto, CA 95350, Modesto, 95350 - 3 bed, 2 bath
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Modesto, CA 95350
This Multi-Generational Residential Property is a Strong Value Opportunity, listed at $474,900—positioned well below the $496,510 Fair Market Value by 4%. This valuation gap offers $21,610 in Instant Equity for the buyer. The home is in Good Condition, featuring reconditioned hardwood floors, energy-efficient windows, and a versatile attached studio with a private entrance. This unique layout provides significant rental income potential or flexible living arrangements, making it an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a house-hack strategy.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1128 Multnomah Drive Subject | $474,900* List Price | 3 | 2 | 1,754 | $283 | - |
A 1128 Valencia Court Sold | $510,000 | 3 | 2 | 1,891 | $270 | 0.4 mi |
B 1225 Chehalem Drive Active | $449,999 List Price | 4 | 2 | 1,804 | $249 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1961 but significantly updated to move-in condition. Features a recently renovated bathroom with modern tile and glass, reconditioned original hardwood floors, and energy-efficient dual-pane windows. While the kitchen retains dated tile countertops and older cabinetry, the inclusion of stainless steel appliances, new paint, and a newer composition roof places it firmly in the 'Good' category.
The property features an attached studio with its own entrance, kitchen, and driveway, offering excellent potential for multi-generational living or a rental income opportunity.
The home is move-in ready with reconditioned original hardwood floors, energy-efficient dual-pane windows, stainless steel appliances, and updated LED lighting throughout.
Additional utility is provided by an enclosed patio, a dedicated work shed, and a two-car garage, maximizing the usable square footage of the property.
Built in 1961, the home may have aging core systems that require more frequent maintenance compared to newer constructions, despite recent cosmetic updates.
With a 6,508 sqft lot accommodating the main house, studio, and work shed, the remaining private outdoor yard space is relatively limited.
Rare find. Perfect for mother-in-law or separate living quarters. This amazing home features a 3BR/2BA with an attached studio or could be a 4BR/2BA, the studio has a separate bath and kitchen set up with it's own entrance and driveway. Energy efficient dual pane windows, original hardwood floors reconditioned, recently painted, larger closets, plank tile flooring in studio and bathrooms. Stainless steel appliances lots of LED lighting. Pantry and laundry inside. Skylight in living room. French doors leading to enclosed patio. Work shed, two car garage. Lots of newer extras. Stucco exterior, composition roof. New front yard landscape. Move in condition, ready to go.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,754 | 1,453 | 68% |
| Lot Size | 6,508 | 6,891 | 35% |
| Price | $474.9K | $440.0K | 65% |
| Price per sq ft | $271 | $298 | 29% |
| Built year | 1961 | 1958 | 53% |
| HOA | $0 | $0 | 50% |
| Days on market | 3 | 197 | 2% |
Jun 3, 2026
$474,900
Initial Listing