
Modesto, CA 95355
This Modesto duplex represents a High-Potential Investment Opportunity, listed at a List Price of $545,000—positioned well below the $563,057 Fair Market Value by 3%. This valuation gap offers $18,057 in Instant Equity. Featuring a Fair Condition Rating, the property includes new central AC and a private cul-de-sac location. With rents currently below market, this asset provides a clear path to increased yield. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a value-add duplex in a prime medical-adjacent district.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2404 2406 Counts Ct Subject | $519,000* List Price | 4 | 0 | 2,125 | $260 | - |
A 1500 FLOYD Avenue Sold | $575,000 | 2 | 0 | 2,012 | $286 | 0.4 mi |
B 2210 San Blas Court Pending | $579,800 List Price | 4 | 0 | 2,098 | $276 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1974 and, while well-maintained with recently updated HVAC systems, the interior finishes in the bathrooms and living areas are dated (likely 20+ years old) and require cosmetic updates to meet modern standards.
Situated at the end of a quiet cul-de-sac in the desirable Pleasant View Estates, this property offers enhanced privacy and excellent proximity to major medical centers and Highway 99.
With current rents noted as below market value, there is a significant opportunity for investors to increase the capitalization rate and property value through future rent adjustments.
Tenants are responsible for gas, electric, and garbage, and the recent installation of new central AC units reduces the immediate need for major capital expenditures.
Built in 1974, the property may require ongoing maintenance or modernization of original components and interior finishes to remain competitive with newer rental stock.
The asymmetrical layout of one 2/2 unit and one 2/1 unit may lead to inconsistent rental demand or lower income potential for the smaller unit compared to a uniform duplex.
Modesto Duplex, in preferred area of Pleasant View Estates. Private "end of cul-de-sac location" This property consists of one large open design, 2 bedroom, 2 bath unit (2406) and one 2 bedroom, 1 bath unit (2404). Spacious front and side yards for both units provide additional privacy. The large covered porch entry design is most useful during rainy weather. Each unit has it's own garage and additional off street parking. Both units feature new central AC installed in the last few years. Best location for a strong long term rental. Near Highway 99, shopping, schools and major Medical Centers, including Sutter Memorial & Kaiser. Tenants are responsible for gas, electric, and garbage, providing a streamlined expense structure for ownership. Current rents appear to be below market, presenting clear upside through future rent adjustments while maintaining strong in-place tenancy. *** An immediate value-add opportunity exists as one unit is slated to become vacant, allowing the incoming investor to instantly capture current market-rate rents and maximize cash flow. - Call agent for a complete Buyer's Disclosure & Income package -
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 2,125 | - |
| Lot Size | 8,712 | - |
| Price | $519.0K | $640.4K |
| Price per sq ft | $244 | $259 |
| Built year | 1974 | 0 |
| HOA | $0 | $0 |
| Days on market | 28 | 41 |
Jul 10, 2026
$519,000
$545,000
-5% Price Drop
Initial Listing
Jun 24, 2026
$545,000
Initial Listing