358 S 3rd Avenue, Oakdale, CA 95361, Oakdale, 95361 - 5 bed, 4 bath
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Oakdale, CA 95361
This Duplex Residential Income property is a High-Potential Investment Opportunity, listed at $650,000—positioned above the $542,302 Fair Market Value. While the list price exceeds the current estimate, the property offers significant Dual-Income Potential with two separate homes on one lot. Featuring a Condition Rating of 3, the units are well-maintained with modern updates. This asset provides a unique strategy for multi-generational living or rental revenue in a central location. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a mortgage-offsetting unit.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 358 S 3rd Avenue Subject | $650,000* List Price | 5 | 4 | 2,204 | $246 | - |
A 180 E J Street Active | $815,000 List Price | 5 | 4 | 2,526 | $323 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2003 (21 years old), the property is well-maintained and move-in ready. While the age technically crosses the 20-year threshold for 'Fair,' the visual evidence shows one kitchen has been updated with modern white cabinetry and newer laminate flooring, and the other remains functional and clean. The exterior stucco, roofing, and HVAC systems appear to be in good condition with no visible maintenance deferred.
The property features two separate homes on a single lot, offering excellent flexibility for rental income, multi-generational living, or a primary residence with a mortgage-offsetting unit.
Ideally situated in the heart of Oakdale, the property provides convenient access to downtown shopping, dining, local schools, and recreational foothills.
Built in 2003, these homes are significantly newer than much of the area's multi-unit inventory, likely offering more modern infrastructure and lower immediate maintenance needs.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =5001, other record lot size in square feet = 4791. Living area discrepancy between mls listing and other public or private record. mls listing living area = 2204, other record living area = 840. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 2.
The property was recently sold within the past year on 2025-08-15. The sold price is $570,000.00.
With two separate dwellings and multiple garages occupying a 5,001-square-foot lot, there is very little private yard or green space for residents.
Rare opportunity to own two homes on one lot in the heart of Oakdale! This unique property includes 358 S 3rd Avenue, a 2-bedroom, 1-bath home with a 1-car garage, and 288 E I Street, a 3-bedroom, 2.5-bath home with a 2-car garage. Perfect for multi-generational living, rental income, or an investment opportunity. Conveniently located near schools, downtown Oakdale, shopping, dining, and just a short drive to several lakes and the beautiful foothills. Opportunities like this don't come around often!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 0.0 |
| Baths | 4.0 | 0.0 |
| Square foot | 2,204 | - |
| Lot Size | 5,001 | - |
| Price | $650.0K | $700.0K |
| Price per sq ft | $295 | $500 |
| Built year | 2003 | 0 |
| HOA | $0 | $0 |
| Days on market | 13 | 158 |
Jul 9, 2026
$650,000
Initial Listing
Aug 15, 2025
$570,000
Public Record
Feb 25, 2005
$387,000
Public Record
May 9, 2003
$158,000
Public Record
Aug 28, 2002
$129,500
Public Record