617 W Granger Avenue 86, Modesto, CA 95350, Modesto, 95350 - 2 bed, 2 bath
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617 W Granger Avenue 86
Modesto, CA 95350
ACTIVE
CONDITION: POOR
2Beds
2Baths
1,074Sq Ft
1,011Lot Size
Property Price
LIST PRICE$189,000
EST. MARKET VALUE
$186,700
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $189,000—positioned well below the $186,701 Fair Market Value by a negligible margin, reflecting a stable entry point. With a Condition Rating of 5, the unit requires a full interior rehab, including kitchen and bath modernization. The single-story layout and central location near McHenry Avenue provide strong rental demand potential. This asset is an ideal project for Buy-and-Hold Investors or first-time buyers capable of executing a comprehensive renovation to capture long-term value.
Estimated Market Value
$186,700
Based on Realkey algorithm analyzing recent comparable sales in Modesto.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 617 W Granger Avenue 86 Subject | $189,000* List Price | 2 | 2 | 1,074 | $174 | - |
A 617 W Granger Avenue 2 Active | $225,000 List Price | 2 | 2 | 1,226 | $184 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1968 (56 years old) and shows significant signs of neglect. While one room has updated LVP flooring, another features severely stained and soiled carpeting that indicates a lack of maintenance. Given the age and visible condition, the unit likely requires a full rehab of the kitchen, baths, and potentially aging systems.
PROSSTRENGTHS & OPPORTUNITIES
- Exceptional Value Proposition
Priced at $189,000, this property is listed significantly below its 2021 sale price of $213,000, offering a high-equity opportunity for investors or first-time buyers.
- Strategic Central Location
The condo is ideally situated near McHenry Avenue, providing immediate access to major shopping hubs, diverse dining options, medical facilities, and essential commuter routes.
- Functional Single-Story Layout
The 1,074 square foot single-level floor plan eliminates stairs, making it a highly desirable option for downsizers or those seeking an accessible and efficient living space.
CONSRISKS & DEFICIENCIES
- High Monthly Carrying Costs
The $450 monthly association fee is relatively high for this price point, which may impact overall affordability and the debt-to-income ratio for prospective buyers.
- Aging Infrastructure
Built in 1968, the property and common areas may require modernization or face upcoming maintenance needs typical of older condominium developments.
About 617 W Granger Avenue 86
Welcome to 617 W Granger Ave #86, a charming single-story condo offering 2 bedrooms, 1.5 bathrooms, and approximately 1,074 square feet of comfortable living space. The functional floor plan features a spacious living area and a inviting dining space. Located in an established community near shopping, restaurants, schools, parks, and medical facilities, this home offers easy access to McHenry Avenue and major commuter routes. A great opportunity for a first-time buyer, downsizer, or investor seeking an affordable home in a convenient Modesto location.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1968
- Lot Size
- 1,011 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $450 / Month
Neighborhood Insights
Modesto Unified Schools
John Fremont Elementary School
Grades K-6 • 0.6 mi
3/10
Roosevelt Junior High School
Grades 7-8 • 0.6 mi
3/10
Grace M. Davis High School
Grades 9-12 • 0.9 mi
4/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,074 | 1,046.267 |
| Lot Size | 1,011 | 1,092.6 |
| Price | $189.0K | $256.1K |
| Price per sq ft | $176 | $242 |
| Built year | 1968 | 1980 |
| HOA | $450 | $484 |
| Days on market | 16 | 82 |
Pricing History
Listed for Sale
Aug 24, 2026
$189,000
Initial Listing
Sold
Jan 28, 2021
$213,000
Public Record
Sold
Aug 9, 2013
$50,000
Public Record
Sold
Sep 2, 2010
$64,000
Public Record
Sold
Jun 27, 2003
$125,500
Public Record