101-107 I St, Modesto, CA 95351

Sqft
4,298

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Listed byCompass
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Overview

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.

Location

Full feature list

Basic info

Property type
Multi-family
Square feet
4,298
Lot size (acres)
0.19
Year built
1920

Utilities

Heating
Forced Air
Cooling
Ceiling Fans
Sewer
Public Sewer
Water
Public Water

Public schools

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Sourced from: Bay East Association of REALTORS MLS®#: ML82048970 Last checked:

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