
Modesto, CA 95351
This Multi-Unit Riverfront Estate is a versatile asset, listed at $675,000—positioned below the $679,958 Fair Market Value by 1%. This valuation provides $4,958 in Instant Equity. The property includes two residences on nearly an acre, maintaining a Fair Condition Rating with turnkey updates like a Granite Kitchen and a Water View Deck. Offering direct river access and dual-income potential, this property is an ideal match for Buy-and-Hold Investors or Owner-Occupants looking to maximize utility through house hacking.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1829 River Road Subject | $675,000* List Price | 3 | 1 | 2,172 | $316 | - |
A 1205 N Central Avenue Sold | $550,000 | 3 | 2 | 1,699 | $324 | 0.6 mi |
B 1625 River Rd Sold | $715,000 | 3 | 3 | 2,034 | $352 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Originally built in 1944, the property is well-maintained and described as turnkey with recent cosmetic updates such as fresh paint and granite countertops in the kitchen. However, it retains vintage infrastructure and an outdated configuration, specifically a three-bedroom main house with only one bathroom. While functional and clean, it lacks the comprehensive modern system overhauls or recent extensive renovations required to reach a 'good' rating, fitting the 'fair' criteria of an aged home maintained through regular upkeep.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 36438, living area = 2172.
The property features two separate homes on a single lot, offering a versatile opportunity for rental income, multi-generational living, or a 'live in one, rent the other' investment strategy.
Situated on nearly an acre of riverfront land, this property provides rare water views and direct access, significantly enhancing its desirability and long-term value.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =36438, other record lot size in square feet = 36154. Living area discrepancy between mls listing and other public or private record. mls listing living area = 2172, other record living area = 1500. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 1.
The main 1,500 sq. ft. residence offers three bedrooms but only one bathroom, which may be a significant drawback for larger families or modern buyer expectations.
Originally built in 1944, the property may require more frequent maintenance or future upgrades to aging systems compared to newer constructions.
Two homes on nearly an acre of riverfront! Freshly painted and cared for by long-term tenants, this property is turnkey. The main house (approx. 1,500 sq ft) offers 3 bedrooms, 1 bath, a granite-counter kitchen, and a deck with beautiful river views. The second unit (approx. 672 sq ft) offers 1-2 bedrooms and 1 bath. With ample parking, a 2-car garage, and potential RV parking, it's a fantastic investment opportunitylive in one, rent the other, or maximize rental income!
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 | 2,172 | 1,243 | 87% |
| Lot Size | 36,438 | 7,000 | 99% |
| Price | $675.0K | $390.0K | 96% |
| Price per sq ft | $311 | $311 | 49% |
| Built year | 1944 | 1958 | 23% |
| HOA | $0 | $0 | 50% |
| Days on market | 62 | 168 | 6% |
Feb 19, 2026
$675,000
Initial Listing
Apr 18, 2005
$270,000
Public Record