
Modesto, CA 95351
This Turnkey Multi-Unit Property is listed at $575,000, positioned relative to the $529,288 Fair Market Value to reflect its unique triple-unit income potential. Boasting a Modern Renovation and an Excellent Condition Rating, the estate features a 3-bedroom main home paired with two additional modern units designed for immediate cash flow. Interior highlights include luxury vinyl flooring and remodeled bathrooms, offering a maintenance-free transition. This versatile asset is an ideal match for House-Hacking Investors or Multi-Generational Families seeking a high-utility residence that supports long-term financial goals.
Property is new construction or fully renovated.
Although originally built in 1945, the property has undergone an extensive recent renovation that brings it to current market standards. The interior features new wide-plank luxury vinyl flooring, fresh paint, recessed LED lighting, and modern ceiling fans throughout. The bathrooms have been completely remodeled with contemporary vanities, marble-look tile flooring, and walk-in showers with stylish black fixtures. The kitchen and additional units also reflect these modern updates, making the entire property move-in ready with virtually new components and no visible deferred maintenance.
The property features a main 3-bedroom home plus two additional modern units, providing an excellent opportunity for significant rental income or multi-generational living.
Both the main residence and the additional units have been beautifully updated with modern finishes, offering a refreshed and inviting space that requires no immediate work.
This unique setup appeals to both savvy investors seeking strong cash flow and primary residents looking to offset their mortgage through rental income from day one.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =5998, other record lot size in square feet = 5662.
The property was recently sold within the past year on 2025-07-03. The sold price is $340,000.00.
The main 3-bedroom residence only offers a single bathroom, which may be a constraint for larger families or modern buyer preferences.
Welcome to 1805 Vernon Ave. A Beautifully Updated home with Income‑Generating Potential. Discover a rare opportunity in Modesto, a beautifully updated main home paired with two modern additional units, offering the perfect blend of comfortable living and built‑in rental income. The main residence features a bright and inviting 3‑bedroom, 1‑bath layout, thoughtfully refreshed to create a warm, move‑in‑ready space for homeowners or tenants alike. Whether you're an investor seeking strong cash flow or a buyer looking to offset your mortgage with rental income, this property delivers exceptional versatility. The two additional units provide modern finishes, private living spaces, and the flexibility to generate steady income from day one. A unique chance to own a property that supports your lifestyle and your financial goals all in one address.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.0 | 31% |
| Square foot | 1,062 | 1,238 | 32% |
| Lot Size | 5,998 | 7,000 | 25% |
| Price | $549.9K | $390.0K | 87% |
| Price per sq ft | $518 | $314 | 97% |
| Built year | 1945 | 1958 | 25% |
| HOA | $0 | $0 | 50% |
| Days on market | 40 | 168 | 1% |
Apr 4, 2026
$549,900
$575,000
-4% Price Drop
Initial Listing
Mar 27, 2026
$575,000
$599,900
-4% Price Drop
Initial Listing
Mar 13, 2026
$599,900
Initial Listing
Jul 3, 2025
$340,000
Public Record
Sep 10, 2024
$268,000
Public Record
Apr 28, 2023
$240,000
Public Record