2561 Michigan Avenue, Modesto, CA 95358, Modesto, 95358 - 3 bed, 2 bath

2561 Michigan Avenue, Modesto, CA 95358 home-pic-0

2561 Michigan Avenue

Modesto, CA 95358

ACTIVE
CONDITION: POOR
3Beds
2Baths
1,588Sq Ft
211,266Lot Size

Property Price

LIST PRICE$690,000
EST. MARKET VALUE
$699,319

SUMMARY

Analysis of 2561 Michigan Avenue, Modesto, CA 95358 reveals a Fairly Priced Property with a current list price of $690,000  aligned with the estimated $699,319 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Modesto Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.

Estimated Market Value

$699,319
Based on Realkey algorithm analyzing recent comparable sales in Modesto.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
2561 Michigan Avenue
Subject
$690,000*
List Price
321,588$440-
A
2043 Poland Road
Sold
$749,000321,519$4930.6 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Poor
TeardownExcellent

Property is extensive renovation needed.

Built in 1926, the residence is in significant disrepair and sold 'as-is,' necessitating substantial rehabilitation or potential replacement. The property does not qualify for standard, FHA, or VA financing due to its current state, indicating major defects in safety or structural integrity, although it is currently occupied.

PROSSTRENGTHS & OPPORTUNITIES

  • High Available Lot Utilization

    The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 211266, living area = 1588.

  • Expansive Agricultural Potential

    The 4.85-acre AG-2 zoned lot includes an independent agricultural well and MID irrigation, offering significant utility for farming, livestock, or specialized agricultural operations.

  • Established Infrastructure

    The property features a four-stall barn with a tack room, an in-ground pool, and mature landscaping including citrus and avocado trees, providing a solid foundation for a custom estate.

CONSRISKS & DEFICIENCIES

  • Poor Residential Condition

    The 1926 residence is in significant disrepair and sold 'as-is,' necessitating a total renovation or complete replacement to be habitable.

  • Cash-Only Requirement

    Due to the property's current state, it does not qualify for standard, FHA, or VA financing, which significantly limits the pool of potential buyers to cash investors.

About 2561 Michigan Avenue

California Estate in the Central Valley Located in the Central Valley, with convenient access to Northern California, the Bay Area, the Sierra Nevada Mountains, and Los Angeles, this unique 4.85-acre AG-240 zoned property offers a land-forward opportunity with strong long-term potential. The property includes a 3-bedroom, 2-bath single-story residence built in 1926, offering potential for renovation or replacement. Existing site assets include an independent agricultural well, MID irrigation, an in-ground swimming pool, a garden shed, and a four-stall barn with equipment space and tack room. The grounds are enhanced by mature landscaping, including crepe myrtles, fruitless mulberries providing extensive summer shade, and established citrus, fruit, and avocado trees. Zoned AG-2, the property supports agricultural uses (buyer to verify desired use). The expansive, usable acreage lends itself to multi-generational living, agricultural operations, nonprofit or educational uses aligned with agriculture, and potential ADU development to expand residential or program capacity, subject to county approval. Situated currently on a dead-end road, the property offers privacy and open space while remaining close enough to town for daily essentials. The region is experiencing continued infrastructure investment and revitalization, with convenient access for day trips to the Sierra Nevada Mountains, Lake Tahoe, Southern California, the Bay Area, and Monterey Bay. Bring your vision and create. This property is being sold as is.'' Due to the current condition of the residence, this property is available for cash purchase only. Standard, FHA, or VA financing is not suitable for this property's current state. Call your agent do not disturb the occupants.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1926
Lot Size
211,266 Sq. Ft.

Interior

Total Bedrooms
3
Total Bathrooms
2 (2 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

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.03.0
50%
Baths2.02.0
50%
Square foot1,5881,500
74%
Lot Size211,2666,499
91%
Price$690.0K$434.5K
87%
Price per sq ft$435$311
91%
Built year19261986
2%
HOA$0$0
50%
Days on market33165
4%

Pricing History

Listed for Sale

Feb 2, 2026

$690,000

Initial Listing

Sold

Jul 6, 2012

$205,000

Public Record

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