3001 Kounias Dr, Modesto, CA 95354, Modesto, 95354 - 0 bed, 0 bath
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3001 Kounias Dr
Modesto, CA 95354
ACTIVE
CONDITION: FAIR
0Beds
0Baths
2,484Sq Ft
12,001Lot Size
Property Price
LIST PRICE$725,000
EST. MARKET VALUE
$661,039
9% AboveMARKET VALUE
SUMMARY
This Triplex Residential Income Asset is a Strong Value Opportunity, listed at $725,000—positioned above the $661,039 Fair Market Value. While the list price exceeds the current estimation, the property offers a Condition Rating of 4, indicating a stable structure with potential for modernization to drive rental yields. Featuring a 12,001 sqft lot and a two-car garage, this property provides significant utility for tenants. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to leverage rental income to offset mortgage costs in a well-established Modesto location.
Estimated Market Value
$661,039
Based on Realkey algorithm analyzing recent comparable sales in Modesto.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3001 Kounias Dr Subject 0 bd · 0 ba · 2,484 sqft · $266 | $725,000* List Price | 0 | 0 | 2,484 | $266 | - |
A 2508 Haddon Ave. Sold 0 bd · 0 ba · 2,304 sqft · $245 · 0.6 mi | $565,000 | 0 | 0 | 2,304 | $245 | 0.6 mi |
B 213 Kingston Lane Sold 4 bd · 0 ba · 1,794 sqft · $287 · 0.7 mi | $515,000 | 4 | 0 | 1,794 | $287 | 0.7 mi |
C 604 Fort Sumpter Drive Active 4 bd · 2 ba · 1,992 sqft · $256 · 0.2 mi | $510,000 List Price | 4 | 2 | 1,992 | $256 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1979 (47 years old) with no mention of recent renovations to kitchens, bathrooms, or major systems in the listing description. While the exterior appears functional and well-maintained, the property's age exceeds 20 years without documented updates, suggesting dated interiors and systems that likely require minor repairs or modernization.
PROSSTRENGTHS & OPPORTUNITIES
- Income Generation Potential
As a triplex, this property offers versatile options for investors or owner-occupants to generate steady rental income from multiple units in an established Modesto location.
- Substantial Lot Size
The generous 12,001 square foot lot provides ample outdoor space for tenants and potential for future site improvements or enhanced privacy.
- Valuable Parking Amenities
The inclusion of a two-car garage adds significant market value and convenience, a highly sought-after feature that helps attract and retain long-term tenants.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =12001, other record lot size in square feet = 11761.
- Aging Infrastructure
Built in 1979, the property may soon require capital expenditures for updates to major systems or cosmetic refreshments to maintain its competitive edge in the rental market.
- Significant Price Appreciation
The current list price reflects a substantial increase from its 2022 sale price of $525,000, requiring a careful analysis of current market rents to ensure a favorable return on investment.
About 3001 Kounias Dr
Large Triplex opportunity in Modesto! This spacious income producing property offers strong potential for both investors and owner occupants. Each unit provides comfortable living space, and the property includes a desirable two car garage, adding convenience and extra value. With its functional layout, established location, and multi-unit appeal, this triplex is a great opportunity to expand your portfolio or live in one unit while generating rental income from the other. Conveniently located near shopping, schools, parks, and commuter routes.
Property Details
Public Facts
- Property Type
- Triplex
- Year Built
- 1979
- Lot Size
- 12,001 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
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 |
|---|---|---|
| Beds | 0.0 | 3.7 |
| Baths | 0.0 | 2.2 |
| Square foot | 2,484 | 1,856.182 |
| Lot Size | 12,001 | 6,342.091 |
| Price | $725.0K | $526.8K |
| Price per sq ft | $292 | $279 |
| Built year | 1979 | 1967 |
| HOA | $0 | $0 |
| Days on market | 24 | 67 |
Pricing History
Listed for Sale
Sep 30, 2026
$725,000
Initial Listing
Sold
Feb 10, 2022
$525,000
Public Record