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  • $638,000

    1385 Canal St, Modesto, CA 95354

    9beds
    3,482sqft
    5 or More Units
    Built in 1948
    -- sqft lot
    $781,500 Zestimate®
    $183/sqft
    $1,608 Estimated rent

    Home value

    $781,500

    $719,000 - $852,000

    $1,608/mo

    Zestimate® history
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    Owner options

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    $1,608/mo

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    $1,608/mo

    Rent Zestimate®

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    $3,978/mo

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    $3,978/mo

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    What's special

    Introducing a fantastic investment opportunity: a 6-unit rental complex with three 2-bedroom, 1-bathroom units, and three 1-bedroom, 1-bathroom units. This property offers a great return on investment and is an ideal option for both seasoned investors and those looking to start or expand their real estate portfolio. The rental complex experiences strong demand for housing, making it a secure long-term investment. With its convenient location, tenants have easy access to amenities, schools, parks, and public transportation, ensuring a high occupancy rate and consistent rental income. Several units have been updated. Additionally, there is an additional structure on the property that could potentially be converted into a 7th unit. New sewer lines were installed on every unit in May 2023, connecting to the city sewer. Each unit has its own electric and gas meter.

    Zillow last checked:

    Listing updated:

    Listed by:

    Colin Hoogendoorn DRE #02221855 209-815-2887,

    HomeSmart PV & Associates

    Bought with:

    Colin Hoogendoorn, DRE #02221855

    HomeSmart PV & Associates

    Source: MetroList Services of CA,MLS#: 223106788Originating MLS: MetroList Services, Inc.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 9
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Wall Furnace
    Cooling
    • Window Unit(s)
    Features
    • Flooring: Vinyl
    • Has fireplace: No
    Interior area
    • Total interior livable area: 3,482 sqft

    Property

    Parking
    • Total spaces: 8
    • Parking features: Off Street
    Features
    • Levels: One
    Lot
    • Size: 0.46 Acres
    Details
    • Zoning description: R-3
    • Special conditions: Other

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: 5 or More Units
    Materials
    • Block, Brick, Frame, Wood
    • Roof: Composition
    Condition
    • Year built: 1948

    Community & neighborhood

    Location
    • Region: Modesto

    Other

    Other facts
    • Price range: $638K - $638K

    Price history

    DateEventPrice
    2/21/2024Sold$638,000-1.7%$183/sqft
    Source: MetroList Services of CA #223106788 Report a problem
    2/1/2024Pending sale$649,000$186/sqft
    Source: MetroList Services of CA #223106788 Report a problem
    1/20/2024Listed for sale$649,000$186/sqft
    Source: MetroList Services of CA #223106788 Report a problem
    12/2/2023Pending sale$649,000$186/sqft
    Source: MetroList Services of CA #223106788 Report a problem
    11/25/2023Listed for sale$649,000+14.9%$186/sqft
    Source: MetroList Services of CA #223106788 Report a problem
    10/29/2021Sold$565,000-5%$162/sqft
    Source: MetroList Services of CA #221056960 Report a problem
    10/26/2021Pending sale$595,000$171/sqft
    Source: MetroList Services of CA #221056960 Report a problem
    10/26/2021Listing removed--
    Source: MetroList Services of CA Report a problem
    8/3/2021Pending sale$595,000$171/sqft
    Source: MetroList Services of CA #221056960 Report a problem
    7/14/2021Price change$595,000-14.4%$171/sqft
    Source: MetroList Services of CA #221056960 Report a problem
    7/5/2021Listed for sale$695,000$200/sqft
    Source: MetroList Services of CA #221056960 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 95354

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $781,500
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $781,500