
Modesto, CA 95355
This duplex presents a High-Potential Investment Opportunity, listed at $535,000—positioned above the $516,065 Fair Market Value by 3%. Despite the premium, this Residential Income asset offers immediate cash flow via a month-to-month tenant and a refreshed, move-in ready unit. With a Condition Rating of 4, the property provides a clear path for value-add modernization of dated systems. Featuring a private patio and a 6,000 sqft lot, this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to house-hack in a stable Modesto location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1904-1906 Rose Ave Subject 0 bd · 0 ba · 1,440 sqft · $358 | $535,000* List Price | 0 | 0 | 1,440 | $358 | - |
A 2045 Celeste Drive Active 4 bd · 2 ba · 1,502 sqft · $356 · 0.3 mi | $535,000 List Price | 4 | 2 | 1,502 | $356 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1969, this 55-year-old duplex is functional but dated. While one unit features a recent cosmetic refresh with new LVP flooring and paint, the kitchen and bathrooms show older cabinetry and fixtures likely exceeding 20 years in age. The 'value-add' description and aged exterior suggest the property needs minor repairs and modernization of systems to reach peak condition.
This duplex configuration offers excellent flexibility for investors to generate two streams of rental income or for an owner-occupant to 'house hack' by living in one unit while the other offsets the mortgage.
One unit has been recently refreshed with new flooring and fresh interior paint, providing a move-in ready space that minimizes immediate capital expenditures for the buyer.
With one unit currently occupied by a month-to-month tenant, the property ensures immediate rental income from day one while maintaining the flexibility to adjust to market rates in the near future.
The assigned elementary school carries a low rating of 2, which may be a deterrent for families and could potentially impact the long-term appreciation and tenant pool quality.
Built in 1969, the property may require significant updates to major systems such as plumbing, electrical, or roofing that are not addressed by the recent cosmetic interior refreshes.
Don't miss your chance to own this versatile duplex offering income potential and value-add opportunities from day one. Whether you're looking to expand your investment portfolio or offset your mortgage by living in one unit while renting the other, this property delivers flexibility and strong potential. This multi-family property features two 2-bedroom, 1-bath units with a combined 1,440 square feet of living space, situated on a 6,000 square foot lot. One unit has been recently refreshed with new flooring and fresh interior paint, creating an inviting living space ready for occupancy. The second unit is currently occupied by a month-to-month tenant, providing immediate rental income while maintaining future flexibility for the next owner. Properties offering this combination of occupancy flexibility, recent improvements, and income potential don't come across too often. Schedule your showing today and discover the possibilities this duplex has to offer!
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades 6-8 • 2.0 mi
Grades 9-12 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 3.7 |
| Baths | 0.0 | 2.2 |
| Square foot | 1,440 | 1,856.182 |
| Lot Size | 5,998 | 6,342.091 |
| Price | $535.0K | $526.8K |
| Price per sq ft | $372 | $279 |
| Built year | 1969 | 1967 |
| HOA | $0 | $0 |
| Days on market | 9 | 67 |
Oct 15, 2026
$535,000
Initial Listing
Sep 27, 2006
$359,500
Public Record
Apr 25, 2002
$275,000
Public Record