
Modesto, CA 95350
This duplex represents a High-Potential Investment Opportunity, listed at $519,999—positioned well above the $448,823 Fair Market Value by -15%. As a performing Residential Income asset, it offers immediate cash flow with established tenants. While the property maintains a Condition Rating of 4, the functional layout and included patio provide a stable foundation for long-term rental demand in Modesto. This is a strategic acquisition for Buy-and-Hold Investors or Portfolio Operators seeking to scale their footprint in a resilient Central Valley market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1506 W Orangeburg Ave Subject 4 bd · 2 ba · 1,560 sqft · $303 | $519,999* List Price | 4 | 2 | 1,560 | $303 | - |
A 1301 Oakwood Drive Sold 4 bd · 2 ba · 1,800 sqft · $261 · 0.3 mi | $470,000 | 4 | 2 | 1,800 | $261 | 0.3 mi |
B 2206 Tully Road Sold 4 bd · 2 ba · 2,012 sqft · $286 · 0.8 mi | $575,000 | 4 | 2 | 2,012 | $286 | 0.8 mi |
C 1502 W Orangeburg Ave Active 4 bd · 2 ba · 1,560 sqft · $333 · 0.0 mi | $519,999 List Price | 4 | 2 | 1,560 | $333 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1954, this property is a functional rental asset but shows significant dating. The kitchen features older tile countertops and cabinetry that has been painted but not modernized, and the interior finishes like the vinyl flooring and carpet are dated. While the roof and HVAC systems appear to be newer and well-maintained, the overall interior condition requires updates to meet modern standards.
The property is a performing asset with established tenants and consistent rental income, offering immediate cash flow without the need for initial renovations or value-add speculation.
Located in a resilient Central Valley rental market characterized by high occupancy rates and limited housing inventory, ensuring sustained demand and long-term stability.
As part of a curated collection of multi-family units, this duplex offers investors the ability to acquire it individually or as part of a larger portfolio to scale their footprint in Modesto.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =6046, other record lot size in square feet = 5662. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 2.
Built in 1954, the property may require more frequent maintenance or significant capital expenditures for system updates compared to newer multi-family developments.
The assigned public schools have low ratings (ranging from 2 to 4), which could potentially impact the long-term desirability for families and affect future resale value.
A rare opportunity to acquire proven, cash flowing rental properties in the heart of Modesto, California. The Bates Initiative represents a curated collection of duplexes and triplexes positioned in strong, established neighborhoods throughout the city, each delivering consistent rental income with tenants already in place. These are not fixer-upper speculations or value-add gambles. These are performing assets in desirable Modesto locations, benefiting from the Central Valley's sustained rental demand and a tenant base that keeps them occupied and producing. With occupancy rates running near capacity across the portfolio, the income is real and the runway is long. Whether you are an investor looking to plant your first flag in the Central Valley or a seasoned operator ready to scale, the Bates Initiative offers flexibility. Individual properties are available for those looking to start or add strategically, and the full portfolio is available for acquisition by a single buyer looking to move meaningfully into one of California's most resilient rental markets. Modesto's fundamentals continue to support strong rental performance. Growing population, limited housing inventory, and consistent demand from working families make this market a dependable income engine for landlords who know what they are looking at. Opportunities like this, performing, nearly fully occupied, and available individually or as a whole, do not surface often. Inquire for property addresses, rent rolls, and financials.
No exterior & parking available.
Grades K-6 • 0.5 mi
Grades 7-8 • 0.5 mi
Grades 9-12 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.7 |
| Baths | 2.0 | 2.2 |
| Square foot | 1,560 | 1,856.182 |
| Lot Size | 6,046 | 6,342.091 |
| Price | $520.0K | $526.8K |
| Price per sq ft | $333 | $279 |
| Built year | 1954 | 1967 |
| HOA | $0 | $0 |
| Days on market | 38 | 67 |
Sep 18, 2026
$519,999
Initial Listing
Apr 9, 2014
$160,000
Public Record