219 S 2nd Avenue, Oakdale, CA 95361, Oakdale, 95361 - 8 bed, 4 bath
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219 S 2nd Avenue
Oakdale, CA 95361
ACTIVE
CONDITION: GOOD
8Beds
4Baths
3,840Sq Ft
6,752Lot Size
Property Price
LIST PRICE$925,000
SUMMARY
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.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
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.
PROSSTRENGTHS & OPPORTUNITIES
- Recent Capital Improvements
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.
- Strong Rental Fundamentals
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.
- Prime Investment Location
Situated in the heart of Oakdale near downtown amenities, schools, and parks, the property is positioned in a desirable submarket with high tenant demand.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
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.
- Extended Market Time
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.
- Inconsistent Unit Condition
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.
About 219 S 2nd Avenue
Property Details
Public Facts
- Property Type
- Quadruplex
- Year Built
- 1965
- Lot Size
- 6,752 Sq. Ft.
Interior
- Total Bedrooms
- 8
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| 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 | 264 | 70 |
Pricing History
Listed for Sale
Feb 2, 2026
$925,000
Initial Listing