101107 I Street, Modesto, CA 95351
List Price: $1.32M
Listing Status: Active
0Days on Market: 26
0 Bedrooms · 0 Bathrooms
Property Type: CommercialSale
Year Built: 1920
Lot Size: 8,207 sq ft
Annual Property Tax: $15,496
MLS Number: ML82048970
About This 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 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.
Listing provided by: Theodore Wong DRE #02016737 (408) 427-8963 theodore.wong@compass.com, Compass
Source: CRMLS, MLS #: ML82048970
Belmont Brokerage Inc. (DRE #02431308) is not the listing office for this property. We provide buyer representation and consultation. Any “Schedule a Tour” or “Contact” form on this page contacts a Belmont Brokerage agent — not the listing agent above.