
Turlock, CA 95380
This Turnkey Quadruplex represents a Prime Investment Opportunity with a List Price of $815,000—positioned well below the $1,044,789 Fair Market Value by 21%. This significant valuation gap offers $229,789 in Instant Equity. Boasting a Good Condition Rating following comprehensive 2019 updates, the property features separate utility meters and a massive 13,721 sq. ft. lot with ADU potential and a detached shop. This high-yield asset is perfectly suited for Buy-and-Hold Investors or Owner-Occupants seeking a strategic house-hack in a high-demand rental market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 312 W Main Street Subject | $815,000* List Price | 9 | 8 | 3,853 | $271 | - |
A 307 Almond Avenue Sold | $890,000 | 8 | 8 | 3,514 | $253 | 0.8 mi |
B 312 W Main Street Active | $850,000 List Price | 9 | 8 | 3,302 | $257 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
This 1906 multi-unit property is classified as 'good' because it underwent a comprehensive update in 2019, making it a turnkey investment. The interiors feature modern laminate flooring, updated cabinetry, and functional bathrooms that are move-in ready. While the exterior landscaping is currently unmaintained and the units utilize window/wall AC units rather than central HVAC, the 2019 renovations to the kitchens, bathrooms, and flooring meet the criteria for a well-maintained property with no immediate major interior repairs required.
All four units underwent comprehensive updates in 2019, offering a modern aesthetic and reducing the need for immediate capital expenditures on renovations.
The property is equipped with separate gas and electric meters for each unit and individual laundry hookups, which minimizes landlord utility overhead and enhances tenant convenience.
The oversized 13,721 sq. ft. lot includes alley access and a large detached shop, providing a unique opportunity for ADU expansion or further value-add development.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =13721, other record lot size in square feet = 13503. Living area discrepancy between mls listing and other public or private record. mls listing living area = 3853, other record living area = 3302.
Originally constructed in 1906, the property may possess underlying structural or systemic aging issues common to century-old buildings that 2019 cosmetic updates might not fully address.
The significant variance in unit sizes—ranging from a 551 sq. ft. 1-bedroom to a 1,880 sq. ft. 4-bedroom—can lead to inconsistent tenant demographics and more complex long-term management requirements.
Welcome to 312 W Main Street, Turlock A Turnkey Multi-Unit Investment with Endless Potential! This exceptional property features four updated units situated on a generous 13,721 sq. ft. lot, offering excellent income potential and flexible use options. Property Breakdown: Unit 1: Spacious 4 bedrooms, 3 bathrooms, approx. 1,880 sq. ft. Unit 2: 2 bedrooms, 2 bathrooms Approx. 682 sq. ft. Unit 3: 2 bedrooms, 2 bathrooms Approx. 740 sq. ft. Unit 4 (Detached): 1 bedroom, 1 bathroom Approx. 551 sq. ft. Property Highlights: All units updated in 2019 Individual laundry hookups in each unit Separate gas & electric meters for each unit Ample parking for all tenants-Large detached shop in the back ideal for storage, workspace, or potential conversion (buyer to verify) Alley access. Spacious 13,721 sq. ft. lot offers room for possible expansion or ADU (buyer to verify). Located near downtown Turlock, shopping, schools, and easy freeway access, this property is a rare find with strong rental appeal.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 9.0 | 6.0 | 86% |
| Baths | 8.0 | 4.0 | 57% |
| Square foot | 3,853 | 2,507 | 86% |
| Lot Size | 13,721 | 13,151 | 71% |
| Price | $815.0K | $815.0K | 50% |
| Price per sq ft | $212 | $254 | 29% |
| Built year | 1906 | 1959 | 14% |
| HOA | $0 | $0 | 50% |
| Days on market | 5 | 217 | 14% |
Apr 17, 2026
$815,000
Initial Listing
Jan 10, 2020
$520,000
Public Record