
Oakdale, CA 95361
Analysis of 219 S 2nd Avenue, Oakdale, CA 95361 is currently available with a list price of $925,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Oakdale Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is move-in ready.
While built in 1965, the property has undergone significant capital improvements. 50% of the units are fully renovated with modern kitchens, stainless appliances, and vinyl flooring (<5 years). The roof was replaced in 2017 (7 years old), and the parking lot is newly paved. The remaining units are well-maintained, making the asset functional and move-in ready.
Significant upgrades including a 2017 roof, a newly paved parking lot, and two fully renovated units with stainless steel appliances reduce immediate capital expenditure for the new owner.
The property is fully leased with long-term tenants, features separate utility metering to lower owner expenses, and includes coin-operated laundry for additional passive income.
Situated in the heart of Oakdale near downtown amenities, schools, and parks, the property is positioned in a desirable submarket with high tenant demand.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =6752, other record lot size in square feet = 6534. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 8, other record bedroom count = 2.
With 148 days on the market, the property may be facing pricing resistance or a lack of urgency from buyers in the current market environment.
Only half of the units have been modernized, meaning the remaining two units will eventually require capital investment and turnover to achieve maximum market rents.
Outstanding investment opportunity in the heart of Oakdale! This fully leased fourplex offers a rare blend of stable income and recent capital improvements, making it perfect for both seasoned investors and first-time multifamily buyers. The property features a newly paved parking lot with ample off-street parking, ensuring long-term tenant satisfaction and curb appeal. Two of the four units have been completely renovated with brand-new stainless steel appliances, modern vinyl plank flooring, fresh interior paint, and fully updated kitchens and bathrooms, creating a contemporary and comfortable living experience. The remaining two units are well-maintained, and all units are separately metered. Additional features include a brand new roof installed in 2017, coin-operated laundry for added income, and a strong rental history with long-term tenants. Located just minutes from downtown Oakdale, parks, schools, and local amenities, this property combines convenience, durability, and reliable cash flow. Don't miss this turn-key asset in one of Stanislaus County's most desirable submarkets.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 8.0 | 4.0 |
| Baths | 4.0 | 2.5 |
| Square foot | 3,840 | 1,722.5 |
| Lot Size | 6,752 | 7,400.5 |
| Price | $925.0K | $550.5K |
| Price per sq ft | $241 | $335 |
| Built year | 1965 | 1946 |
| HOA | $0 | $0 |
| Days on market | 219 | 70 |
Feb 2, 2026
$925,000
Initial Listing