
Modesto, CA 95356
This duplex represents a Strong Value Opportunity, listed at $559,999—positioned well below the $561,739 Fair Market Value by 0.31%. As a performing Residential Income asset with a Condition Rating of 4, this property offers immediate cash flow with existing tenants. While the interior features dated finishes, the established rental demand in Modesto provides long-term stability. This is an ideal acquisition for Buy-and-Hold Investors or seasoned operators looking to scale their portfolio with a proven, income-producing duplex.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3720 Bridgeford Ln Subject 4 bd · 2 ba · 1,960 sqft · $287 | $559,999* List Price | 4 | 2 | 1,960 | $287 | - |
A 1201 Grand Prix Drive Sold 4 bd · 2 ba · 1,936 sqft · $289 · 0.8 mi | $560,000 | 4 | 2 | 1,936 | $289 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1973, the property is functional and currently tenant-occupied, but features highly dated kitchens with older wood cabinetry, laminate countertops, and aged flooring. The exterior and side yards show deferred cosmetic maintenance and clutter, indicating a need for minor repairs and modernization.
The property is a performing asset with tenants already in place, providing immediate rental income and eliminating the initial vacancy risk for investors.
Located in a resilient Central Valley rental market with high occupancy rates and limited housing inventory, ensuring long-term stability and tenant retention.
As part of a curated collection, this duplex offers the flexibility to be acquired individually or as part of a larger portfolio, catering to both new and seasoned investors.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =5998, other record lot size in square feet = 5662. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 2.
Built in 1973, the structure and its core systems may require more frequent maintenance or future capital improvements compared to newer construction.
Marketed as a stabilized, performing asset rather than a fixer-upper, there may be less room for rapid equity growth through immediate renovations.
A rare opportunity to acquire proven, cash flowing rental properties in the heart of Modesto, California. The Bates Initiative represents a curated collection of duplexes and triplexes positioned in strong, established neighborhoods throughout the city, each delivering consistent rental income with tenants already in place. These are not fixer-upper speculations or value-add gambles. These are performing assets in desirable Modesto locations, benefiting from the Central Valley's sustained rental demand and a tenant base that keeps them occupied and producing. With occupancy rates running near capacity across the portfolio, the income is real and the runway is long. Whether you are an investor looking to plant your first flag in the Central Valley or a seasoned operator ready to scale, the Bates Initiative offers flexibility. Individual properties are available for those looking to start or add strategically, and the full portfolio is available for acquisition by a single buyer looking to move meaningfully into one of California's most resilient rental markets. Modesto's fundamentals continue to support strong rental performance. Growing population, limited housing inventory, and consistent demand from working families make this market a dependable income engine for landlords who know what they are looking at. Opportunities like this, performing, nearly fully occupied, and available individually or as a whole, do not surface often. Inquire for property addresses, rent rolls, and financials.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.7 |
| Baths | 2.0 | 2.2 |
| Square foot | 1,960 | 1,856.182 |
| Lot Size | 5,998 | 6,342.091 |
| Price | $560.0K | $526.8K |
| Price per sq ft | $286 | $279 |
| Built year | 1973 | 1967 |
| HOA | $0 | $0 |
| Days on market | 38 | 67 |
Sep 18, 2026
$559,999
Initial Listing
Sep 8, 2011
$150,000
Public Record
Feb 9, 2004
$290,000
Public Record
Aug 19, 1997
$106,000
Public Record