831 Elm Avenue, Modesto, CA 95351, Modesto, 95351 - 3 bed, 1 bath
Loading property details...
Modesto, CA 95351
This Value-Add Residential Asset is listed at $250,000, reflecting its current Poor Condition Rating as a true fixer-upper. While the list price sits above the $230,251 Fair Market Value, the property’s 7,357 square foot lot and 3-bedroom footprint offer significant forced appreciation potential. Comparable sales in the 95351 zip code reach up to $325,000, indicating a strong ROI for those addressing the extensive deferred maintenance. Located near Highway 99, this project is a strategic acquisition for Fix-and-Flip Investors or Contractors looking to capture market upside through renovation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 831 Elm Avenue Subject | $250,000* List Price | 3 | 1 | 1,031 | $223 | - |
A 306 Walnut Street Sold | $290,000 | 2 | 1 | 997 | $291 | 0.9 mi |
B 305 S Madison Street Sold | $325,000 | 3 | 1 | 1,300 | $250 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1950, this property is explicitly marketed as a 'true fixer-upper' requiring substantial rehabilitation. Exterior images show significant deferred maintenance, including a worn roof, boarded-up sections, and aged windows. The listing description confirms the need for a complete renovation to address the current condition and modernize the living space, placing it firmly in the poor category.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7357, living area = 1031.
Positioned as a true fixer-upper with a solid footprint, this property offers substantial upside for investors or flippers to add value through a complete renovation.
The 7,357 square foot lot provides a spacious outdoor area, offering ample room for potential home expansion, an ADU, or enhanced landscaping.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =7357, other record lot size in square feet = 6969.
As a dedicated fixer-upper, the property will require significant capital investment and labor to address its current condition and modernize the living space.
The 3-bedroom, 1-bathroom configuration may be a drawback for modern families, potentially limiting the property's rental demand or resale value without adding a second bath.
Opportunity knocks at 831 Elm Ave in Modesto, located in Stanislaus County. This property is a true fixer upper with strong potential for investors, flippers, or buyers looking to create something of their own. The home features 1,031 square feet of living space on a generous 7,357 square foot lot, offering a solid footprint and plenty of room to add value through renovation and improvements. Conveniently located near schools, shopping, and major roadways including Highway 99 and Carpenter Road, the property offers easy access while still providing long term upside. Whether you are searching for your next project or a value add opportunity, this is your chance to bring your vision to life.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.0 | 31% |
| Square foot | 1,031 | 1,238 | 30% |
| Lot Size | 7,357 | 7,000 | 58% |
| Price | $250.0K | $390.0K | 11% |
| Price per sq ft | $242 | $311 | 20% |
| Built year | 1950 | 1958 | 37% |
| HOA | $0 | $0 | 50% |
| Days on market | 28 | 168 | 1% |
Mar 25, 2026
$250,000
Initial Listing