512 N Palm Street, Turlock, CA 95380, Turlock, 95380 - 4 bed, 3 bath
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Turlock, CA 95380
This Turnkey Multifamily Duplex represents a Prime Investment Opportunity, listed at $599,000—positioned well below the $612,792 Fair Market Value by 2%. This valuation provides $13,792 in Instant Equity for a property boasting an Excellent Condition Rating following extensive modern renovations. Featuring Upgraded Kitchens with stone countertops and Updated Bathrooms, the 1995 construction ensures lower maintenance than older area stock. It is a high-performing asset ideal for Buy-and-Hold Investors or Owner-Occupants seeking to offset mortgage costs.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 512 N Palm Street Subject | $599,000* List Price | 4 | 3 | 2,180 | $281 | - |
A 331 Spruce Street Sold | $637,500 | 6 | 4 | 2,507 | $254 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1995, the property has undergone extensive recent renovations within the last 5 years, qualifying it for an excellent rating. The interior features a modern kitchen with dark shaker cabinets, stone countertops, and stainless steel appliances. Bathrooms have been fully updated with contemporary subway tile, new fixtures, and LVP flooring. With fresh paint, new carpeting, and updated lighting throughout, the units are in turnkey condition with no deferred maintenance.
The property features two fully upgraded units with modern finishes throughout, offering immediate occupancy or rental potential without the need for further renovation.
Both units are set at competitive market rents, delivering immediate cash flow and making it an ideal investment for those seeking reliable returns in the Central Valley.
Built in 1995, this duplex is significantly newer than many multi-family options in the area, likely resulting in more efficient systems and lower long-term maintenance costs.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =5624, other record lot size in square feet = 5227. Living area discrepancy between mls listing and other public or private record. mls listing living area = 2180, other record living area = 1137. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 2.
The property has been on the market for 54 days and has already seen a price reduction, which may indicate a mismatch between the initial asking price and current buyer demand.
With a lot size of 5,624 square feet for a 2,180 square foot building, outdoor space and private yard areas for tenants are relatively constrained.
Discover this prime investment opportunity in the heart of Turlock! This well-maintained duplex features two fully upgraded units with modern finishes throughout, offering turnkey appeal and strong income potential. Both sides are set at competitive, up-to-date market rents, delivering immediate cash flow in a desirable Central Valley location. With solid construction, recent improvements, and easy access to local amenities, this property is perfect for investors seeking reliable returns or owner-occupants looking to offset mortgage costsdon't miss this entry-level multifamily gem!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 5.0 | 29% |
| Baths | 3.0 | 4.0 | 43% |
| Square foot | 2,180 | 2,180 | 50% |
| Lot Size | 5,624 | 10,498 | 14% |
| Price | $599.0K | $637.5K | 29% |
| Price per sq ft | $275 | $275 | 50% |
| Built year | 1995 | 1979 | 86% |
| HOA | $0 | $0 | 50% |
| Days on market | 61 | 217 | 14% |
Apr 15, 2026
$599,000
$615,000
-3% Price Drop
Initial Listing
Feb 20, 2026
$615,000
Initial Listing
Oct 17, 2022
$460,000
Public Record
Nov 7, 2018
$295,000
Public Record
Apr 19, 2011
$45,500
Public Record