814 2nd Street, Modesto, CA 95351

$728,000
2,800
SqFt

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Sold Price
$728,000
List Price
$750,000
Closing Date
May 29, 2026
MLS#
226054839
Status
CLOSED
Living Sq. Ft
2,800
Square Footage
2800
Type
Multifamily
Zip
95351
city
Modesto

Property Description

Prime investment opportunity in Modesto! 814 2nd Street offers four income-producing units with a strong rental history and excellent cash flow potential. Three units are currently occupied by long-term tenants, with Unit #2 vacant and ready for a new tenant at market rent or for an owner-occupant. Each unit features 2 bedrooms and 1 bathroom, offering spacious and functional layouts that appeal to a wide range of renters. The property also includes an extra room for owner storage, adding convenience and functionality. The three leased units are already bringing in $3,685 per month, and once fully occupied, the projected annual gross revenue is upwards $60k+, making this an attractive property for investors seeking stable returns. Designed for low-maintenance management, this property helps maximize net income while minimizing hassle. Conveniently located near shopping, dining, schools, and major highways, it appeals to a wide range of renters. Whether you are a seasoned investor looking to expand your portfolio or a first-time buyer entering the rental market, this turnkey opportunity offers immediate income potential with room to grow. Don't miss your chance to secure a multi-unit property in a rapidly developing rental area of Modesto.

Additional Information

Tenant Pays
Electricity, Gas
Land Area (Acres)
0.1607
Year Built
1969
Number of Buildings
1
Number of 2 Bedroom Units
4
Roof Description
Composition

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Calculator source: Real Geeks

Listing courtesy of Redwood Real Estate. Selling Office: PMZ Real Estate.

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All measurements and all calculations of area (i.e., Sq Ft and Acreage) are approximate. Broker has represented to MetroList that Broker has a valid listing signed by seller authorizing placement in the MLS. Above information is provided by Seller and/or other sources and has not been verified by Broker. Copyright 2026 MetroList Services, Inc. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of MetroList® MLS. All information has been provided by seller/other sources and has not been verified by broker. All interested persons should independently verify the accuracy of all information. Last updated .

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