
Modesto, CA 95351
This High-Potential Investment Opportunity is a turnkey duplex listed at $425,000, positioned well below the $430,973 Fair Market Value by 1.4%. This valuation gap offers $5,973 in Instant Equity. Featuring a Condition Rating of 3, the property includes extensive renovations like a newer roof and updated interiors. With vacant units and a gated entry, this asset is ready for immediate occupancy or leasing. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to offset mortgage costs through house-hacking.
Property is move-in ready.
The property has undergone recent extensive renovations (likely <5 years) including a newer roof, new flooring, fresh paint, and updated kitchen countertops and bathroom fixtures. While move-in ready and highly functional for an investor, the retention of original 1979 kitchen cabinetry and wall-mounted AC units prevents a rating of 'Excellent'.
Extensive recent upgrades including a newer roof, remodeled kitchens, and updated bathrooms minimize immediate capital expenditures and maintenance for new owners.
Both units are delivered vacant, allowing an investor to immediately place tenants at current market rates or an owner-occupant to offset their mortgage through house-hacking.
The inclusion of a gated entry and new screen doors provides added security and privacy, increasing the property's desirability and tenant retention potential.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =8908, other record lot size in square feet = 8712. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 2.
While the property is beautifully renovated, the 1979 build date suggests that some underlying core systems may be nearing the end of their functional lifespan compared to newer constructions.
With approximately 768 square feet per 2-bedroom unit, the living spaces may be perceived as small, potentially limiting the pool of long-term tenants to smaller households.
Exceptional Turnkey Investment Opportunity! This beautifully renovated duplex is ready to start generating income from day one. Featuring two 2 bedroom, 1 bathroom units, this property offers the rare opportunity for an investor to place tenants at today's market rents or for an owner occupant to live in one unit while offsetting their mortgage with rental income from the other. Designed for low maintenance and maximum tenant appeal, the property has undergone extensive renovations throughout. Recent improvements include a newer roof, stylish new flooring, fresh interior paint, updated baseboards, remodeled bathrooms with new showers, new closet doors, modern kitchen countertops and sinks, new stoves, updated lighting, ceiling fans, new screen doors, enhanced patio landscaping with ground tile, and a gated entry for added privacy and security. In addition each unit also features washer and dryer hook ups in the kitchen area, and shares a big area for gardening that is over 8,000 square feet! With major capital improvements already completed and both units delivered vacant, this is a true plug and play investment with outstanding income potential and flexibility. Opportunities like this are hard to find, secure this fully updated duplex today and begin building wealth with a property that's ready to perform from the moment you close.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.6 |
| Baths | 2.0 | 1.9 |
| Square foot | 1,536 | 1,797.75 |
| Lot Size | 8,908 | 6,283.25 |
| Price | $425.0K | $500.0K |
| Price per sq ft | $277 | $270 |
| Built year | 1979 | 1970 |
| HOA | $0 | $0 |
| Days on market | 42 | 70 |
Jul 29, 2026
$425,000
Initial Listing
Nov 16, 2012
$77,000
Public Record
Dec 23, 2008
$98,500
Public Record