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

2561 Michigan Avenue
Modesto, CA 95358
Property Price
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
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2561 Michigan Avenue Subject | $690,000* List Price | 3 | 2 | 1,588 | $440 | - |
A 2043 Poland Road Sold | $749,000 | 3 | 2 | 1,519 | $493 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
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
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,588 | 1,500 | 74% |
| Lot Size | 211,266 | 6,499 | 91% |
| Price | $690.0K | $434.5K | 87% |
| Price per sq ft | $435 | $311 | 91% |
| Built year | 1926 | 1986 | 2% |
| HOA | $0 | $0 | 50% |
| Days on market | 33 | 165 | 4% |
Pricing History
Listed for Sale
Feb 2, 2026
$690,000
Initial Listing
Sold
Jul 6, 2012
$205,000
Public Record
