226 Ruberto Street, Modesto, CA 95351, Modesto, 95351 - 4 bed, 2 bath
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Modesto, CA 95351
This Multi-Unit Residential Property is a High-Potential Investment Opportunity, listed at $450,000—positioned well below the $456,979 Fair Market Value by 2%. This valuation gap offers $6,979 in Instant Equity for buyers. The property features two updated units on one lot, maintaining a Turnkey Condition Rating with refreshed interiors and modern functional standards. Its unique configuration provides a rare dual-income stream or multi-generational living solution in a stable Modesto market. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-utility, move-in ready asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 226 Ruberto Street Subject | $450,000* List Price | 4 | 2 | 1,792 | $255 | - |
A 115 Fresno Avenue Sold | $430,000 | 3 | 2 | 2,001 | $215 | 0.5 mi |
B 610 Hudson Lane Sold | $395,000 | 3 | 2 | 1,358 | $291 | 0.6 mi |
C 1128 Raymond Drive Sold | $445,000 | 3 | 2 | 1,596 | $279 | 1.0 mi |
D 617 E Placid Ln Sold | $360,000 | 3 | 1 | 1,437 | $251 | 0.6 mi |
E 626 Mamilane Sold | $420,000 | 3 | 2 | 1,534 | $274 | 0.7 mi |
F 617 E Placid Ln Pending | $365,000 List Price | 3 | 1 | 1,437 | $254 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While originally built in 1930, the property is described as being in turnkey condition and recently updated. The listing highlights two separate updated units on one lot that are move-in ready, suggesting that major systems and interiors have been maintained or refreshed to meet current functional standards without the need for immediate renovation.
The property features two separate updated units on a single lot, providing an excellent opportunity for dual rental income or multi-generational living.
Both dwellings have been recently updated, reducing the need for immediate capital expenditures and making it an attractive move-in ready investment.
With a competitive list price for two units, this property offers a high potential cap rate and strong cash flow possibilities for savvy investors.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1792, other record living area = 992. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 2.
Originally built in 1930, the property may possess aging underlying systems or structural elements typical of older homes that require ongoing maintenance.
Hosting two separate dwellings on a 7,000 sqft lot may result in limited private outdoor space and potential parking challenges for residents of both units.
Great Investment opportunity to buy two updated properties on one lot.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 75% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,792 | 1,243 | 79% |
| Lot Size | 7,000 | 7,000 | 50% |
| Price | $450.0K | $390.0K | 77% |
| Price per sq ft | $251 | $311 | 24% |
| Built year | 1930 | 1958 | 15% |
| HOA | $0 | $0 | 50% |
| Days on market | 64 | 168 | 6% |
Feb 17, 2026
$450,000
Initial Listing
Mar 14, 2024
$350,000
Public Record
Oct 10, 1994
$82,000
Public Record