137 Downey Avenue, Modesto, CA 95354
- $450,000
- 3
- BD
- 2
- BA
- 2,035
- SqFt
- Sold Price
- $450,000
- List Price
- $450,000
- Closing Date
- May 04, 2026
- MLS#
- 225135718
- Status
- CLOSED
- Bedrooms
- 3
- Bathrooms
- 2
- Living Sq. Ft
- 2,035
- Square Footage
- 2035
- Type
- Single Family Residential
- Zip
- 95354
- City
- Modesto
Property Description
Welcome to 137 Downey Avenue in the heart of downtown Modesto, California - an exceptional property brimming with investment potential and versatile living options. This spacious home features three bedrooms, two bathrooms, and 2,035 square feet of living space. What truly sets this property apart is its remarkable opportunity for expansion and income generation. According to City of Modesto regulations, this property can accommodate up to four units, making it ideal for creative conversion. Imagine transforming one portion into your primary residence while renting out additional units to generate consistent rental income. The possibilities extend further with the potential to build an Accessory Dwelling Unit (ADU) on top of the existing garage, maximizing earning potential. The location couldn't be more convenient - situated in downtown Modesto, you'll enjoy easy access to top-rated schools, shopping centers, restaurants, and all urban amenities. Whether you're an investor seeking a lucrative opportunity, a homeowner looking for flexibility, or someone who wants to live in one unit while building equity through rentals, this property offers endless possibilities. Don't miss this chance to own a versatile property in a prime location. Call today and be home tomorrow!
Additional Information
- Land Area (Acres)
- 0.15610000000000002
- Year Built
- 1910
- Subtype
- Single Family Residence
- Subtype Description
- Detached
- Construction
- Stucco
- Foundation
- Raised
- Stories
- 2
- Garage Spaces
- 2
- Garage
- Detached
- Baths Other
- Tub w/Shower Over
- Floor Coverings
- Tile, Wood
- Laundry Description
- In Kitchen
- Dining Description
- Dining/Family Combo
- Kitchen Description
- Stone Counter
- Kitchen Appliances
- Gas Water Heater, Microwave
- Number of Fireplaces
- 1
- Fireplace Description
- Living Room, Raised Hearth
- Cooling
- Ceiling Fan(s), Central
- Heat
- Fireplace(s)
- Water
- Public
- Utilities
- Public
- Sewer
- Public Sewer
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Listing courtesy of Grand Properties. Selling Office: Cornerstone Real Estate Group.
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 .