142 E Coolidge Avenue, Modesto, CA 95350, Modesto, 95350 - 4 bed, 4 bath
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Modesto, CA 95350
This Turnkey Duplex represents a High-Potential Investment Opportunity, listed at $699,999—positioned slightly above the $697,960 Fair Market Value. Having been rebuilt from the studs to a New Construction Quality Condition Rating, this asset features Separate Utilities and Modern Farmhouse Finishes, ensuring immediate rental readiness. Its proximity to Doctors Medical Center creates a high-demand niche for mid-term medical housing. This property is an ideal acquisition for Buy-and-Hold Investors seeking stable cash flow or Owner-Occupants looking to offset mortgage costs through supplemental rental income.
Property is new construction or fully renovated.
The property has been extensively rebuilt from the studs to a new construction quality standard. It features entirely new major systems (HVAC, electrical, plumbing), designer kitchens with quartz countertops, and fully remodeled modern bathrooms, requiring zero maintenance.
The property features two fully detached homes with separate utility meters, offering exceptional flexibility for multi-generational living or owner-occupants seeking supplemental rental income.
Rebuilt from the studs to new construction standards, both units feature all-new electrical, plumbing, and HVAC systems alongside premium modern farmhouse finishes, ensuring a turnkey investment with minimal immediate maintenance.
Located minutes from Doctors Medical Center, this property is ideally positioned to capture high-demand niches such as traveling medical professionals and mid-term furnished rentals.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =4800, other record lot size in square feet = 4356. Living area discrepancy between mls listing and other public or private record. mls listing living area = 2011, other record living area = 660. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 2.
With two detached residences situated on a 4,800 square foot lot, the private yard space and separation between units are relatively compact.
The list price reflects the extensive high-end reconstruction, which may result in a lower initial cap rate for pure investors compared to traditional value-add duplexes in the Modesto market.
142 E Coolidge Ave presents a rare opportunity to own two fully detached, extensively rebuilt residences on one lot in the heart of Modesto. Completely redeveloped to a new construction quality standard, this property features two beautifully designed homes offering modern finishes, separate utilities, and exceptional flexibility for investors, multi generational living, or owner occupants seeking supplemental income. Unit 142 offers approximately 956 square feet and Unit 140 offers approximately 1,055 square feet, with each residence featuring 2 bedrooms, 2 full bathrooms, indoor laundry, walk in closet(s), and bright open concept layouts. The homes were rebuilt and remodeled from the studs with raised ceiling heights, front additions, extensive structural upgrades, and thoughtfully designed modern farmhouse finishes throughout. Interior upgrades include luxury vinyl plank flooring, designer kitchens with quartz countertops and premium backsplash selections, fully remodeled bathrooms with custom tile work, contemporary lighting, upgraded hardware, new interior doors, trim, paint, and a high end finish package throughout both homes. Major system improvements include entirely new electrical, plumbing, HVAC, and mechanical systems. Each unit features separate electrical and gas meters along with new central heating and air conditioning systems for maximum efficiency and functionality. The exterior has been completely transformed with new concrete flatwork, fresh landscaping, artificial turf, custom horizontal redwood privacy fencing, and an improved site layout providing approximately 8 feet of separation between the homes for enhanced privacy and usability. Located just minutes from Doctors Medical Center, shopping, dining, and major commuter routes, this property is ideally positioned for long term rentals, furnished mid term rentals, traveling medical professionals, or short term rental opportunities. Estimated long term strong market rents, with strong upside potential for furnished rental income due to the location, condition, and flexible layout. A truly turnkey and unique investment opportunity offering modern construction quality, strong income potential, and exceptional versatility.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 6.0 | 20% |
| Baths | 4.0 | 4.0 | 50% |
| Square foot | 2,011 | 2,011 | 50% |
| Lot Size | 4,800 | 7,601 | 20% |
| Price | $700.0K | $645.0K | 60% |
| Price per sq ft | $348 | $272 | 60% |
| Built year | 1935 | 1972 | 20% |
| HOA | $0 | $0 | 50% |
| Days on market | 11 | 127 | 20% |
May 26, 2026
$699,999
Initial Listing
Feb 13, 2024
$22,000
Public Record
Apr 29, 2021
$390,000
Public Record
Feb 7, 1996
$50,000
Public Record