
Ceres, CA 95307
This High-Potential Investment Opportunity is a Residential Income Duplex listed at $749,000, positioned well below the $750,776 Fair Market Value by 0.24%. Featuring a Good Condition Rating with recent capital improvements like a newer roof, plumbing, and HVAC, this asset minimizes immediate expenditure. The 3-bedroom, 2-bathroom unit configuration ensures strong rental demand, while the private backyard and no HOA fees enhance long-term stability. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a stable, income-generating property in Ceres.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1655-1657 Moffett Rd Subject 0 bd · 0 ba · 2,268 sqft · $331 | $749,000* List Price | 0 | 0 | 2,268 | $331 | - |
A 1645 Moffett Road Active 6 bd · 4 ba · 2,268 sqft · $308 · 0.1 mi | $699,000 List Price | 6 | 4 | 2,268 | $308 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1979, the property is rated 'Good' due to significant recent capital improvements including an updated roof, updated plumbing, and newer HVAC systems. The fresh exterior paint and well-maintained appearance suggest a move-in ready condition that exceeds the 'Fair' category despite the building's age.
The property features significant mechanical and structural upgrades, including a newer roof, updated plumbing, fresh exterior paint, and newer HVAC systems, minimizing immediate capital expenditure for a new owner.
Both units in this duplex offer a spacious 3-bedroom, 2-bathroom layout, which is highly desirable for long-term family tenants and typically commands higher rental premiums than smaller units.
Situated in the heart of Ceres with no HOA fees and close proximity to Highway 99, schools, and shopping, the property is well-positioned for low vacancy rates and consistent tenant demand.
While major systems and the exterior have been updated, the 1979 construction may require interior cosmetic renovations to kitchens and bathrooms to achieve top-of-market rental rates.
Listed at $749,000, the property has seen substantial appreciation since its last sale, requiring investors to perform diligent cash-flow analysis to ensure the cap rate meets their portfolio requirements.
Fantastic Investment Opportunity with steady rent increases. For 1st time since 28 years, this 6 Bedroom 4 Bath DUPLEX located in the heart of Ceres! Both are 3 bedroom 2 bathroom units that boasts a spacious living room, kitchen, & backyard. Fresh exterior paint, updated roof & plumbing! Newer AC/Heater. All have washer /dryer inside. NO HOA fees! Great location, great rents, near shopping, HWY 99, schools ETC. Do not miss out on this rare opportunity to have your own residential income duplex in a prime location. Seller happy to provide a 1 year home warranty!! 1643-1645, 1647-1649.
No exterior & parking available.
No sensitive facilities data found.
Sep 30, 2026
$749,000
Initial Listing
Nov 2, 1995
$131,500
Public Record