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  • $450,000

    137 Downey Ave, Modesto, CA 95354

    3beds
    2,035sqft
    Single Family Residence
    Built in 1910
    6,799.72 Square Feet Lot
    $450,000 Zestimate®
    $221/sqft
    $2,587 Estimated rent

    Home value

    $450,000

    $414,000 - $491,000

    $2,587/mo

    Zestimate® history
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    $2,587/mo

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    $2,587/mo

    Rent Zestimate®

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    $2,839/mo

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    $2,839/mo

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    What's special

    Spacious homeTwo bathroomsThree bedrooms
    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!

    Zillow last checked:

    Listing updated:

    Listed by:

    Jessie Wiggins DRE #01992235 209-552-1870,

    Grand Properties,

    Stephanie Owens DRE #01293859 209-872-7868,

    Grand Properties

    Bought with:

    Susan Lavery-Burns, DRE #02038832

    Cornerstone Real Estate Group

    Source: MetroList Services of CA,MLS#: 225135718Originating MLS: MetroList Services, Inc.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Dining room
    • Features: Dining/Family Combo
    Kitchen
    • Features: Stone Counters
    Heating
    • Fireplace(s)
    Cooling
    • Ceiling Fan(s), Central Air
    Appliances
    • Included: Gas Water Heater, Microwave
    • Laundry: In Kitchen
    Features
    • Flooring: Tile, Wood
    • Number of fireplaces: 1
    • Fireplace features: Living Room, Raised Hearth
    Interior area
    • Total interior livable area: 2,035 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Detached
    • Garage spaces: 2
    Features
    • Fencing: Back Yard
    Lot
    • Size: 6,799 sqft
    • Features: Other
    Details
    • Parcel number: 111006056000
    • Zoning description: R3
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Stucco
    • Foundation: Raised
    • Roof: Composition
    Condition
    • Year built: 1910

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Public

    Community & neighborhood

    Location
    • Region: Modesto

    Other

    Other facts
    • Price range: $450K - $450K

    Price history

    DateEventPrice
    5/4/2026Sold$450,000$221/sqft
    Source: MetroList Services of CA #225135718 Report a problem
    4/6/2026Pending sale$450,000$221/sqft
    Source: MetroList Services of CA #225135718 Report a problem
    2/18/2026Price change$450,000-5.3%$221/sqft
    Source: MetroList Services of CA #225135718 Report a problem
    11/19/2025Price change$475,000-4.8%$233/sqft
    Source: MetroList Services of CA #225135718 Report a problem
    10/21/2025Listed for sale$499,000+99.6%$245/sqft
    Source: MetroList Services of CA #225135718 Report a problem
    2/14/2024Listing removed--
    Source: Zillow Rentals Report a problem
    1/10/2024Listed for rent$2,300+4.5%$1/sqft
    Source: Zillow Rentals Report a problem
    12/12/2023Listing removed--
    Source: Zillow Rentals Report a problem
    11/6/2023Listed for rent$2,200-12%$1/sqft
    Source: Zillow Rentals Report a problem
    8/16/2022Listing removed--
    Source: Zillow Rental Manager Report a problem
    8/4/2022Listed for rent$2,500$1/sqft
    Source: Zillow Rental Manager Report a problem
    4/24/2020Sold$250,000-28.6%$123/sqft
    Source: Public Record Report a problem
    3/10/2020Listed for sale--
    Source: Auction.com Report a problem
    12/24/2019Listing removed--
    Source: Auction.com Report a problem
    12/8/2019Price change$350,234+13.2%$172/sqft
    Source: Auction.com Report a problem
    12/6/2019Listed for sale--
    Source: Auction.com Report a problem
    5/2/2019Listing removed$309,500$152/sqft
    Source: RE/MAX Executive #18064947 Report a problem
    11/8/2018Price change$309,500-1.7%$152/sqft
    Source: PMZ Real Estate #18064947 Report a problem
    10/15/2018Price change$315,000-3.1%$155/sqft
    Source: PMZ Real Estate #18064947 Report a problem
    10/1/2018Pending sale$325,000$160/sqft
    Source: PMZ Real Estate #18064947 Report a problem
    9/27/2018Price change$325,000-7.1%$160/sqft
    Source: PMZ Real Estate #18064947 Report a problem
    9/20/2018Listed for sale$350,000$172/sqft
    Source: PMZ Real Estate #18064947 Report a problem
    7/21/2018Listing removed$350,000$172/sqft
    Source: PMZ Real Estate #18045709 Report a problem
    7/13/2018Listed for sale$350,000+29.6%$172/sqft
    Source: PMZ Real Estate #18045709 Report a problem
    7/15/2016Sold$270,000+74.2%$133/sqft
    Source: EXIT Realty solds #7916549871165840288 Report a problem
    3/10/2015Sold$155,000$76/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,965 +4.7%$339,025 +2%
    2024$3,787 +1.5%$332,379 +2%
    2023$3,731 +2.5%$325,862 +2%
    2022$3,641 +6.3%$319,473 +2%
    2021$3,424 +4.8%$313,210 +8%
    2020$3,266 +3.6%$290,000 +3.2%
    2019$3,153 +5%$280,908 +2%
    2018$3,001 +2.4%$275,400 +2%
    2017$2,930 +71.5%$270,000 +71.6%
    2016$1,708 +56.2%$157,363 +56.5%
    2015$1,093 $100,568 +22.9%
    2002-- $81,827 +2%
    2001$867 +6.2%$80,222 +8.9%
    2000$817 $73,649

    Find assessor info on the county website

    Neighborhood: 95354

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $450,000
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    Estimated market value
    $450,000