
Modesto, CA 95350
This duplex presents a High-Potential Investment Opportunity with a List Price of $440,000—positioned well above the $365,178 Fair Market Value by -20%. While the property requires significant capital improvements due to its Condition Rating of 5, the 1941 construction offers classic character and a spacious lot. The functional layout and duplex configuration provide a clear path for value-add renovations to maximize rental yields. This asset is an ideal acquisition for Buy-and-Hold Investors or Contractors seeking a project with long-term income potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 430 Olive Ave Subject 0 bd · 0 ba · 1,338 sqft · $273 | $440,000* List Price | 0 | 0 | 1,338 | $273 | - |
A 1301 Oakwood Drive Sold 4 bd · 2 ba · 1,800 sqft · $261 · 1.0 mi | $470,000 | 4 | 2 | 1,800 | $261 | 1.0 mi |
B 204 College Avenue Active 1 bd · 1 ba · 1,056 sqft · $412 · 0.2 mi | $435,000 List Price | 1 | 1 | 1,056 | $412 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property was built in 1941 and the kitchen features 'retro-style' tile and white appliances that appear to be 30-50 years old. Based on the criteria for age and the provided example for outdated kitchens needing major updates, the property requires significant rehab despite being currently functional.
As a duplex on a generous lot, this property offers excellent potential for rental income or a house-hacking opportunity for owner-occupants in a central Modesto location.
The 1941 construction features a brick entry and retro-style interior details, providing a unique character and aesthetic appeal that stands out in the local market.
The property features a low-maintenance front yard and a security storm door, reducing ongoing upkeep costs and enhancing safety for future tenants.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =5750, other record lot size in square feet = 5662.
With wall-to-wall carpeting and retro tile countertops, the interior may require cosmetic updates to appeal to modern tenants and maximize market rental rates.
Given the 1941 build date, the property may necessitate more frequent maintenance or capital improvements to its core systems compared to newer residential income properties.
Welcome to 430 Olive Ave in Modesto, a classic duplex offering functional living spaces and plenty of potential on a spacious lot. The exterior features a brick entry, security storm door, clean trim, and a low-maintenance front yard with lawn and greenery. Inside, the living area features large windows that bring in natural light, wall-to-wall carpeting, and ceiling fans for everyday comfort. The kitchen offers ample built-in cabinetry, an electric range, white appliances, and retro-style tile countertops, with an adjoining dining nook that provides a convenient spot for everyday meals. A central hallway leads to a full bathroom and a comfortable bedroom with natural light and flexible space to suit a variety of needs. With its practical layout, classic character, and generous lot, this Modesto property offers an opportunity for both owner-occupants and investors looking for a property with potential.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 3.7 |
| Baths | 0.0 | 2.2 |
| Square foot | 1,338 | 1,856.182 |
| Lot Size | 5,750 | 6,342.091 |
| Price | $440.0K | $526.8K |
| Price per sq ft | $329 | $279 |
| Built year | 1941 | 1967 |
| HOA | $0 | $0 |
| Days on market | 11 | 67 |
Oct 13, 2026
$440,000
Initial Listing