
Modesto, CA 95350
This property presents a High-Potential Investment Opportunity with a List Price of $490,000—positioned well below the $469,473 Fair Market Value by -4%. Featuring a Fair Condition Rating, the home offers significant value-add potential through the conversion of the detached garage into an ADU, supported by existing alley access and sewer hookups. With extensive parking for RVs and boats, this Asset is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to leverage rental income potential in a well-established neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1208 E Morris Ave Subject 3 bd · 2 ba · 1,724 sqft · $272 | $490,000* List Price | 3 | 2 | 1,724 | $272 | - |
A 1128 Multnomah Drive Sold 3 bd · 2 ba · 1,754 sqft · $271 · 0.6 mi | $474,900 | 3 | 2 | 1,754 | $271 | 0.6 mi |
B 900 Multnomah Drive Sold 3 bd · 2 ba · 1,570 sqft · $299 · 0.6 mi | $470,000 | 3 | 2 | 1,570 | $299 | 0.6 mi |
C 1225 Chehalem Dr Active 4 bd · 2 ba · 1,804 sqft · $244 · 0.6 mi | $439,999 List Price | 4 | 2 | 1,804 | $244 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1953, this home is well-maintained but dated. The kitchen features older painted cabinetry and the bathroom renovation appears to be 20+ years old. While the original hardwood floors are in good condition, the overall aesthetic and systems (older ceiling vents and electric inserts) suggest the property needs cosmetic and functional updates to meet modern standards.
The detached garage features alley access and nearby sewer hookups, providing a significant opportunity to convert the space into an Accessory Dwelling Unit for rental income or multi-generational living.
The property offers exceptional parking versatility with a front driveway for multiple vehicles, dedicated RV space, and a large gate providing rear access for boats or additional equipment.
Original hardwood floors and a well-established neighborhood setting offer a timeless aesthetic and a solid foundation for buyers looking to preserve historic charm while adding modern touches.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =6839, other record lot size in square feet = 6534.
Given the 1953 construction date, the home may require significant capital improvements to electrical, plumbing, or insulation systems to meet modern efficiency and safety standards.
The reliance on an electric fireplace insert and a pellet stove suggests the property may lack a comprehensive central HVAC system, which could be a drawback for consistent year-round comfort.
Wonderful opportunity on this charming home located in a well-established neighborhood in Modesto. Interior of the home feature original hardwood floors in many of the rooms, living room with electric fireplace insert, dining area off living room and three spacious bedrooms. Large family room at the back of the house with pellet stove. Indoor laundry. Loads of parking space, with extra parking in front driveway (room for multiple vehicles, boat), with large gate that opens in both directions for additional parking on back side of home. Plenty of room for RV and extra vehicles. Alley access for convenience and large gate from alley to back of the home. Detached garage in backyard as well. Detached garage has potential for ADU due to alley access and sewer hook ups being nearby. Lots of options to suit your needs. Come take a look today to see if this home is right for you!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,724 | 1,595.344 |
| Lot Size | 6,839 | 6,731.123 |
| Price | $490.0K | $461.9K |
| Price per sq ft | $284 | $295 |
| Built year | 1953 | 1976 |
| HOA | $0 | $147 |
| Days on market | 10 | 52 |
Oct 14, 2026
$490,000
Initial Listing
Aug 31, 2009
$144,000
Public Record
Sep 29, 2004
$270,000
Public Record
Feb 25, 1999
$115,000
Public Record