
Modesto, CA 95350
This High-Potential Investment Opportunity is listed at $575,000, positioned above the $558,943 Fair Market Value. While the property requires updates, its Condition Rating of 4 and 9,200 sqft lot provide a solid foundation for value-add renovations. The rare ability to acquire the adjacent duplex creates a unique path to scale a four-unit portfolio. With central A/C and brick fireplaces, the units offer desirable tenant amenities. This asset is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to house-hack in a well-connected Modesto location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1533 W Rumble Road Subject | $550,000* List Price | 4 | 2 | 2,096 | $263 | - |
A 1531 W Rumble Road Active | $550,000 List Price | 4 | 2 | 2,096 | $262 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1965, this property is significantly dated and exceeds the 20-year threshold for original features. The kitchens show aged laminate countertops and older appliances, with one unit displaying a damaged cabinet door. The interior features popcorn ceilings and older carpeting throughout. While functional and move-in ready for tenants, it requires minor repairs and comprehensive cosmetic updates to meet modern standards.
The rare opportunity to acquire the adjacent duplex alongside this property allows an investor to secure four contiguous units, significantly increasing portfolio scale and management efficiency.
Each unit is equipped with central A/C and a brick fireplace, providing a high level of comfort and character that enhances rental demand in the Modesto market.
The 9,200 square foot lot features mature shade trees and a spacious backyard, offering a private outdoor retreat and community pool access that distinguishes it from typical multi-family offerings.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =9200, other record lot size in square feet = 9147. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 2.
Constructed in 1965, the property may require more frequent maintenance or capital improvements to aging systems compared to newer residential income assets.
The assigned public schools carry ratings between 3 and 5, which may limit the property's appeal to families specifically seeking top-tier educational districts.
Prime investment opportunity! This well-located duplex offers an excellent combination of comfort, convenience, and income potential. Each unit features 2 bedrooms, 1 bath central A/C, brick fireplace, and plenty of desirable amenities. Rents should be $1700 per unit of which one unit is a little less rent as long term tennant. Should rent $3400 monthly. Enjoy a spacious backyard with big shade trees and room to relax, entertain, or create your own outdoor retreat, plus access to an off-site community pool. Conveniently located near shopping, dining, schools, and major roadways, this property is well-positioned for both owner-occupants and investors. Even more exciting, the adjacent duplex is also being offered for sale, creating a rare opportunity to acquire two neighboring duplexes four total units in one purchase. A great opportunity to expand your portfolio and maximize long-term investment potential!
No exterior & parking available.
Grades K-6 • 0.3 mi
Grades K-6 • 0.4 mi
Grades K-5 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.6 |
| Baths | 2.0 | 1.9 |
| Square foot | 2,096 | 1,797.75 |
| Lot Size | 9,200 | 6,283.25 |
| Price | $550.0K | $500.0K |
| Price per sq ft | $262 | $270 |
| Built year | 1965 | 1970 |
| HOA | $0 | $0 |
| Days on market | 12 | 70 |
Sep 2, 2026
$550,000
$575,000
-4% Price Drop
Initial Listing
Aug 28, 2026
$575,000
Initial Listing