
Modesto, CA 95355
This triplex presents a Strong Value Opportunity with a List Price of $635,000—positioned well below the $678,966 Fair Market Value by 6%. This valuation gap offers $43,966 in Instant Equity. Featuring a Fair Condition Rating, the property offers significant upside through modernization of its dated interiors. With indoor laundry, covered carports, and private patios, this asset is primed for high tenant retention. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a value-add multi-unit property.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2517 Liberty Court Subject | $635,000* List Price | 6 | 3 | 3,200 | $212 | - |
A 2404-2406 Counts Ct Pending | $519,000 List Price | 4 | 0 | 2,125 | $244 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1972, the property is over 50 years old with partial updates. While it features newer laminate flooring and some bathroom tile work, the kitchen remains dated with older dark wood cabinetry and tile countertops. Visible systems like the water heater and the presence of popcorn ceilings suggest the property is well-maintained but requires modernization to meet current standards.
Each unit features indoor laundry hookups and covered carport parking, which are premium amenities in the rental market that significantly enhance tenant retention and rental value.
The property offers a uniform 2-bedroom, 1-bathroom mix across three units, with Unit 1 providing a larger floor plan and private yard, making it an ideal candidate for an owner-occupant or a premium rental.
Situated on a quiet cul-de-sac corner, the property provides a safer, low-traffic environment for residents while maintaining excellent accessibility to major local roads like Floyd Avenue.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =9718, other record lot size in square feet = 9583. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 6, other record bedroom count = 2.
The assigned elementary school carries a low rating of 2, which may limit the property's appeal to families with young children and impact long-term appreciation potential.
Built in 1972, the property is over 50 years old and may require more frequent maintenance or capital expenditures for aging systems compared to newer multi-family builds.
Looking to expand your investment portfolio? This well-maintained triplex offers an excellent opportunity in a quiet cul-de-sac on the corner of Floyd Avenue and Liberty Court. Each of the three units features 2 bedrooms and 1 bathroom, with unit 1 offering a larger floor plan and a nice sized yard. All three units include a covered one-car carport, additional driveway parking, and indoor laundry - highly desirable amenities for tenants. Unit 2 is currently listed for rent at $1,695 per month, offering approximately 1,050 square feet and features a comfortable living room, dining area, laminate flooring, carpeted areas, blinds, electric range, dishwasher, microwave, and garbage disposal. Units 2 & 3 feature their own low-maintenance rear patios. With functional layouts, desirable amenities, and an established rental setup, this property presents a compelling opportunity for both seasoned investors and those looking to add their first multi-unit property to their portfolio.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades 6-8 • 2.4 mi
Grades 9-12 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 6.0 | 3.6 |
| Baths | 3.0 | 1.9 |
| Square foot | 3,200 | 1,797.75 |
| Lot Size | 9,718 | 6,283.25 |
| Price | $635.0K | $500.0K |
| Price per sq ft | $198 | $270 |
| Built year | 1972 | 1970 |
| HOA | $0 | $0 |
| Days on market | 12 | 70 |
Aug 28, 2026
$635,000
Initial Listing
Aug 26, 2015
$310,000
Public Record