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For sale
  • Price cut: $145.5K (7/11)
    $1,999,500

    871 Vermont Ave, Turlock, CA 95380

    --beds
    --baths
    4,287sqft
    : 
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    Multi Family
    Built in 1983
    -- sqft lot
    $-- Zestimate®
    $466/sqft
    $-- HOA

    What's special

    871-897 Vermont Avenue is a diversified multifamily investment opportunity located in Turlock. The property consists of nineteen (19) income-producing units, including nine (9) 2-bedroom/1-bath units, one (1) 1-bedroom/1-bath unit, and nine (9) trailer home stalls, offering a balanced mix of traditional multifamily and land-lease income streams. Situated on approximately 1.34 acres, the property provides strong in-place cash flow with additional upside potential. Constructed in 1979-1983, the apartment units have been well maintained, with nine of the ten units extensively remodeled between 2019 and 2020. Renovations include modernized interiors, while all units feature central heating and air conditioning. The property also includes an on-site coin-operated laundry facility and six (6) personal storage closets, presenting additional income opportunities. With both unit and trailer stall rents currently below market levels, investors have a clear path to increasing net operating income through mark to market rent adjustments. The diversified unit mix and multiple income streams make it an attractive option for investors seeking both stability and growth. 2026-07-10
    115 days
    |
    252
    |
    9
    |

    Zillow last checked:

    Listed by:

    Jordan Amarant,

    Modesto - Scenic Office

    Source: PMZ Real Estate,MLS#: 226034517MLS Logo

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      Facts & features

      Interior

      Features
      • Has basement: No
      Interior area
      • Total structure area: 4,287
      • Total interior livable area: 4,287 sqft

      Property

      Features
      • Stories: 1
      Lot
      • Size: 1.37 Acres
      Details
      • Parcel number: 050035004000

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Condition
      • Year built: 1983

      Community & HOA

      Location
      • Region: Turlock

      Financial & listing details

      • Price per square foot: $466/sqft
      • Tax assessed value: $508,604
      • Annual tax amount: $5,460
      • Date on market: 3/22/2026
      • Lease term: Contact For Details

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $2,267/mo

        Price history

        DateEventPrice
        7/11/2026Price change$1,999,500-6.8%$466/sqft
        Source: PMZ Real Estate #226034517 Report a problem
        3/21/2026Listed for sale$2,145,000+10625%$500/sqft
        Source: MetroList Services of CA #226034517 Report a problem
        12/18/2002Sold$20,000$5/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$5,460 +1.9%$508,604 +2%
        2024$5,358 +0.2%$498,633 +2%
        2023$5,350 +1.3%$488,857 +2%
        2022$5,283 +1.5%$479,272 +2%
        2021$5,205 +0.7%$469,875 +1%
        2020$5,169 +1.7%$465,058 +2%
        2019$5,082 +310.2%$455,940 +320.8%
        2018$1,239 +5.3%$108,348 +4.9%
        2017$1,177 +7%$103,283 +2%
        2016$1,100 +2.1%$101,259 +1.5%
        2015$1,077 $99,739 +2%
        2014$1,077 $97,787 +4.5%
        2012-- $93,568
        2011-- $93,568 +0.8%
        2010-- $92,870 -0.2%
        2009-- $93,089 +2%
        2008-- $91,264 +2%
        2007-- $89,476 +2%
        2006-- $87,722 +2%
        2005-- $86,003 +2%
        2004$911 +199.7%$84,318 +194.1%
        2003$304 $28,671 +24%
        2002-- $23,118 +2%
        2001$242 +1.4%$22,665 +2%
        2000$239 $22,220
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 95380

        Getting around

        57 / 100
        Somewhat Walkable
        30 / 100
        Some Transit
        40 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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