
Modesto, CA 95351
This property presents a High-Potential Investment Opportunity with a List Price of $290,000—positioned well below the $277,956 Fair Market Value by -4%. While the property requires a total rehab given its Condition Rating of 5, the 6,599 square foot lot offers significant upside for expansion or ADU development. This AS-IS asset provides a clear path for forced appreciation through strategic renovation. It is a high-reward acquisition ideal for Fix-and-Flip Investors or Contractors seeking a value-add project in a growing market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1542 Rouse Avenue Subject | $290,000* List Price | 2 | 1 | 970 | $287 | - |
A 406 Yosemite Avenue Sold | $255,000 | 3 | 1 | 1,160 | $220 | 0.5 mi |
B 1720 Donald Street Sold | $285,000 | 2 | 1 | 736 | $387 | 0.6 mi |
C 2201 Kenneth Sold | $305,000 | 2 | 1 | 800 | $381 | 1.0 mi |
D 225 Merced Avenue Sold | $314,000 | 3 | 1 | 1,314 | $239 | 1.0 mi |
E 620 Lenore Drive Sold | $350,000 | 3 | 2 | 1,212 | $289 | 0.9 mi |
F 306 Walnut Street Sold | $290,000 | 2 | 1 | 997 | $291 | 0.9 mi |
G 1708 Rouse Avenue Active | $350,000 List Price | 3 | 1 | 1,083 | $323 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1948 and explicitly described as a 'fixer-upper' sold 'AS-IS,' this 76-year-old property requires a total rehab. The listing targets investors and contractors, indicating that the kitchen, bathroom, and major systems (HVAC/Electric) likely need replacement to address safety or structural obsolescence.
This property serves as an excellent opportunity for investors or contractors to add value through renovation and modernization in a growing market.
Listed at $290,000, this home offers a highly accessible entry point into the Modesto residential market compared to move-in ready alternatives.
The 6,599 square foot lot provides significant outdoor space for landscaping, potential ADU construction, or future property expansion.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =6599, other record lot size in square feet = 6534.
The property is being sold strictly in its current state, which will require immediate and potentially significant capital investment for repairs and upgrades.
With only 970 square feet and a 2-bedroom, 1-bathroom layout, the home's small footprint may limit its appeal to larger families or those requiring a home office.
Opportunity awaits at 1542 Rouse Ave in Modesto! This fixer-upper offers plenty of potential for an investor, contractor, or buyer looking to renovate and make the property their own. Property is being sold strictly AS-IS.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 970 | 1,592.041 |
| Lot Size | 6,599 | 6,846.312 |
| Price | $290.0K | $462.1K |
| Price per sq ft | $299 | $298 |
| Built year | 1948 | 1977 |
| HOA | $0 | $155 |
| Days on market | 9 | 50 |
Aug 31, 2026
$290,000
Initial Listing