2501 Prescott Road, Modesto, CA 95350, Modesto, 95350 - 8 bed, 4 bath
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Modesto, CA 95350
This Residential Income Quadruplex is listed at $789,000, positioned accurately near its $783,000 Fair Market Value. Boasting a Condition Rating of 4, the asset is well-maintained with updated carpeting, though its 1970s infrastructure offers significant value-add potential through cosmetic modernization of the original cabinetry and lighting. Despite the $763 monthly association fee, the property’s proximity to Modesto’s shopping and dining hubs ensures consistent rental demand and long-term appreciation. This is a reliable, income-producing asset perfectly suited for Buy-and-Hold Investors or Portfolio Diversifiers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2501 Prescott Road Subject | $789,000* List Price | 8 | 4 | 840 | $932 | - |
A 2212 Palisade Active | $769,000 List Price | 0 | 0 | 840 | $915 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is well-maintained but largely reflects its 1970 construction with outdated features such as original oak cabinetry, fluorescent kitchen lighting, and popcorn ceilings. While the carpet appears recently updated, the kitchen and bathrooms require modernization to meet current market standards.
As a well-maintained fourplex, this property offers a solid income-producing opportunity with four units, providing diversified rental income and long-term value for investors.
The property is situated in a prime Modesto area close to shopping, dining, and essential amenities, which enhances tenant appeal and supports high occupancy rates.
Described as well-maintained, the asset likely requires less immediate capital expenditure for repairs, allowing a new owner to focus on management and cash flow from day one.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 8, other record bedroom count = 2.
The $763 monthly association fee is a significant recurring expense that reduces the net operating income and may impact the overall cap rate for potential investors.
Built in 1970, the property may face challenges associated with aging building systems and utility efficiencies compared to more modern multi-family constructions.
Well-maintained fourplex located in a highly desirable area, offering a solid investment opportunity. Conveniently situated close to shopping, dining, and everyday amenities, this property provides strong rental appeal and long-term value. Ideal for investors seeking a reliable, income-producing asset in a prime location. Call today!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 8.0 | 7.0 | 50% |
| Baths | 4.0 | 4.0 | 50% |
| Square foot | 840 | 1,682 | 17% |
| Lot Size | 4,000 | 6,905.5 | 17% |
| Price | $789.0K | $592.5K | 67% |
| Price per sq ft | $939 | $426 | 83% |
| Built year | 1970 | 1973 | 33% |
| HOA | $763 | $0 | 83% |
| Days on market | 70 | 110 | 17% |
Feb 11, 2026
$789,000
Initial Listing