1625 Spokane Street, Modesto, CA 95358, Modesto, 95358 - 5 bed, 3 bath
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Modesto, CA 95358
This Dual-Unit Residential Property is a Strong Value Opportunity, listed at $350,000—positioned well below the $380,121 Fair Market Value by 7%. This valuation gap provides $30,121 in Instant Equity. Featuring two independent, permitted homes on a single parcel, the asset offers significant Dual-Income Potential despite its Vintage Condition Rating. With ongoing city-led neighborhood revitalization and a versatile 5-bedroom layout, this property is a high-utility acquisition. It is perfectly suited for Buy-and-Hold Investors or Owner-Occupants seeking a house-hacking advantage.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1625 Spokane Street Subject | $350,000* List Price | 5 | 3 | 1,900 | $200 | - |
A 805 Watson Sold | $265,000 | 3 | 2 | 1,776 | $149 | 0.8 mi |
B 1730 Seattle Street Sold | $280,000 | 3 | 2 | 1,540 | $182 | 0.2 mi |
C 1324 Conrad Way Active | $399,000 List Price | 3 | 3 | 1,673 | $238 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1950, the property shows signs of age consistent with its vintage. While it features some updates such as vinyl windows and a second permitted unit, the exterior siding and overall aesthetic are dated. The property analysis confirms aging systems and vintage construction, indicating that while the home is functional and maintained, it requires minor updates to meet modern standards.
The property features two independent, permitted homes on a single parcel (a 2-bedroom and a 3-bedroom unit), offering exceptional flexibility for multi-generational living or high-yield rental income.
Ongoing city improvements, including the addition of new sidewalks, enhance the area's walkability and contribute to the long-term appreciation of the property.
Priced competitively at $350,000 for a total of 5 bedrooms and 3 bathrooms, this listing provides significant square footage and utility for investors or budget-conscious buyers.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1900, other record living area = 720. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 2.
The assigned elementary and middle schools have low ratings (2/10), which may limit the property's appeal to families prioritizing educational performance.
Built in 1950, the property may require more frequent maintenance or updates to aging systems compared to newer builds, potentially increasing long-term ownership costs.
A truly unique opportunity for investors or multi-family buyers seeking flexibility. This versatile property features two distinct, independent homes on a single parcel, offering double the potential. The neighborhood is currently undergoing improvements, with the city adding new sidewalks, enhancing long-term appeal. The Front unit offers 2 bedrooms and 1 full bath, along with a private back yard. The Second unit, permitted with a separate entrance, provides a larger layout with 3 bedrooms and 2 full baths.
No exterior & parking available.
Grades K-6 • 0.4 mi
Grades K-6 • 0.6 mi
Grades 7-8 • 0.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 94% |
| Baths | 3.0 | 2.0 | 85% |
| Square foot | 1,900 | 1,469 | 79% |
| Lot Size | 6,969 | 6,778 | 53% |
| Price | $350.0K | $429.0K | 23% |
| Price per sq ft | $184 | $311 | 9% |
| Built year | 1950 | 1979 | 21% |
| HOA | $0 | $0 | 50% |
| Days on market | 12 | 180 | 2% |
Apr 10, 2026
$350,000
Initial Listing
Mar 15, 2004
$126,000
Public Record
Jan 31, 2003
$108,000
Public Record