$1,325,000

Multi Family In Modesto

  • 4,298 Sqft
  • 8,207 Sqft lot
  • Updated: June 9
  • Source:
    bridgeMLS  MLS#ML82048970

About the Property

101 I St, 107 I St, and 510 S Washington St present a unique opportunity to acquire a three-parcel multifamily portfolio totaling eight units in the established downtown Modesto neighborhood. The property consists of four separate residential buildings situated on individual parcels, offering investors the flexibility of separate financing, resale, or long-term hold strategies. The portfolio featu
101 I St, 107 I St, and 510 S Washington St present a unique opportunity to acquire a three-parcel multifamily portfolio totaling eight units in the established downtown Modesto neighborhood. The property consists of four separate residential buildings situated on individual parcels, offering investors the flexibility of separate financing, resale, or long-term hold strategies. The portfolio features a mix of six one-bedroom/one-bath units and two two-bedroom/one-bath units, appealing to a broad tenant base seeking affordable housing in close proximity to employment, retail, and transit options in downtown Modesto. Each building sits on its own legal parcel, with one parcel featuring a detached ADU, allowing for future disposition flexibility and potential value-add opportunities through operational improvements and market rent growth.
  • Property type

    Apartment

  • Year built

    1920

  • Price/sqft

    $308

Explore the Area

101-107 I Street, Modesto, California, United States View on Google Maps
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Compass

Joined 8 months ago
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Compass
California, United States
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60
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2025
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Compass
California, United States
View agency profile
Last updated
June 9
First listed
May 29
Listing reference
ML82048970
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