
Modesto, CA 95350
Analysis of 805 Tully Rd 2, Modesto, CA 95350 is currently available with a list price of $195,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Modesto Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is moderate renovation needed.
Built in 1964, this property is aged and shows signs of being outdated, consistent with its 60-year history. The listing mentions that minor repairs are needed before closing, and the high HOA fee suggests ongoing maintenance for older infrastructure. While functional as a rental or investment, the kitchen and bathroom lack recent modern renovations, placing it firmly in the fair category.
The property is ideally situated within walking distance of Modesto Junior College and just minutes from Highway 99 and downtown, making it highly attractive to students and commuters.
With a competitive entry price point and the seller's commitment to completing minor repairs before closing, this unit represents a turnkey opportunity for rental investors.
Located in the quiet Newporter Condominiums, residents enjoy desirable lifestyle perks including a community swimming pool and a peaceful residential atmosphere.
The monthly HOA fee of $540 is substantial relative to the property's size and price, which may diminish monthly cash flow for investors and overall affordability.
Built in 1964, the building's age may lead to higher long-term maintenance requirements and lacks the modern energy efficiency found in newer constructions.
This well-located 1-bedroom, 1-bathroom condominium is situated in the quiet Newporter Condominiums community. Residents enjoy access to a community swimming pool for recreation. The property is conveniently located just minutes from Highway 99 and downtown Modesto, and within walking distance of Modesto Junior College. This unit presents a great opportunity for buyers seeking a rental or investment property. Minor repairs will be completed prior to the close of escrow.
No exterior & parking available.
Grades K-6 • 0.6 mi
Grades 7-8 • 0.5 mi
Grades 9-12 • 1.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 10% |
| Baths | 1.0 | 2.0 | 30% |
| Square foot | 690 | 1,192 | 10% |
| Lot Size | 654 | 1,015 | 30% |
| Price | $195.0K | $247.0K | 20% |
| Price per sq ft | $283 | $234 | 80% |
| Built year | 1964 | 1979 | 10% |
| HOA | $540 | $450 | 70% |
| Days on market | 98 | 187 | 20% |
Jan 14, 2026
$195,000
Initial Listing
Oct 15, 2015
$52,500
Public Record
Dec 28, 2000
$40,000
Public Record