
Modesto, CA 95358
This Multi-Generational Residential Asset is a High-Potential Investment Opportunity, listed at $498,000—positioned well above the $439,688 Fair Market Value by -13%. While the property requires cosmetic updates given its Condition Rating of 4, the dual-kitchen layout and expansive 12,510 sqft lot provide significant value-add potential. The 2021 roof upgrade ensures structural stability, while the gardener's paradise offers unique lifestyle appeal. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a versatile home with income-generating potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1608 Ohio Avenue Subject | $498,000* List Price | 3 | 2 | 1,625 | $271 | - |
A 2344 Regal Road Pending | $349,988 List Price | 3 | 1 | 1,419 | $247 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is 60 years old (built 1964) and, while functional and move-in ready, it is significantly dated. The kitchen features older tile countertops, painted cabinets, and white appliances that appear to be over 30 years old. Interior finishes include popcorn ceilings and older carpeting. Although the roof is a major system upgrade (installed 2021), the overall interior requires comprehensive cosmetic modernization to meet current market standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 12510, living area = 1625.
The property features two separate living areas with individual kitchens, providing an ideal setup for an in-law unit or multi-generational living.
A newer roof installed in August 2021 offers significant value and peace of mind regarding long-term maintenance and structural integrity.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =12510, other record lot size in square feet = 12632.
With a build date of 1964, the property may require updates to original electrical, plumbing, or insulation systems to meet modern efficiency standards.
The reliance on whole house fans rather than a specified central HVAC system may be a drawback during the extreme summer heat common in the Central Valley.
Welcome to 1608 Ohio Ave in Modesto! White picket fence. This beautiful & unique country estate home features, two separate living areas with separate kitchens. Perfect for in law unit. Newer roof installed in August 2021. A French door enclosed formal dining room that can function as a 4th bedroom. Big central living room with cozy gas fireplace and 2 whole house fans. The backyard is a gardener's paradise. Fruit trees, including pear, key lime, pomegranate, grapefruit, as well as goji berries and blackberries, provide a bounty of fresh produce. Perfect backyard for entertainment. large storage shed with high ceilings. Home is conveniently located just minutes from Highway 132 and Highway 99 offering easy access to nearby amenities and cities but with country living. Must see to really appreciate.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,625 | 1,490 | 69% |
| Lot Size | 12,510 | 7,825.5 | 69% |
| Price | $498.0K | $461.5K | 63% |
| Price per sq ft | $306 | $322 | 41% |
| Built year | 1964 | 1966 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 24 | 197 | 3% |
May 13, 2026
$498,000
Initial Listing