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1900 Kenneth St 2 Unit Apartment Building $379,999 ($190,000/Unit) Modesto, CA 95351
Investment Highlights
- A rare find - 2 units for under $400k!
- Corner lot with separate entrances for added privacy.
- Units are below market and tenants are on month-to-month leases.
- Great for commuters - located near CA-99 and CA-132.
Executive Summary
A rare find in today's market two units for under $380,000! This 1,546 sq ft duplex sits on a corner lot with separate entrances for each unit, offering excellent flexibility for rental income or personal use. One tenant is vacant so it's ideal for an owner-occupant looking to offset costs with steady rental income. The property includes a 2-bedroom, 1-bath unit and a 2-bedroom, 2-bath unit, each with private access. Both units could benefit from updates, allowing buyers to add value and boost equity. Rents are currently below market, presenting strong upside potential for investors willing to make improvements. Ideally located near CA-99 and CA-132, it's a commuter-friendly property that will appeal to a wide range of tenants. Affordable multi-unit opportunities like this are increasingly hard to find don't miss the chance to secure a solid investment with room for growth.
Property Facts In Escrow
| Price | $379,999 | Lot Size | 0.15 AC |
| Price Per Unit | $190,000 | Building Size | 1,546 SF |
| Sale Type | Investment | Average Occupancy | 100% |
| No. Units | 2 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1948 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Zoning | SFR - Zoned SFR but both units are permitted | ||
| Price | $379,999 |
| Price Per Unit | $190,000 |
| Sale Type | Investment |
| No. Units | 2 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Lot Size | 0.15 AC |
| Building Size | 1,546 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1948 |
| Opportunity Zone |
Yes |
| Zoning | SFR - Zoned SFR but both units are permitted |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 1 | $1,300 | 846 |
| 2+1 | 1 | $730.00 | 700 |
1 1
Somewhat walkable
30/100
Exceptionally drivable
90/100
Limited public transit
30/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 037-21-66 | Improvements Assessment | $161,748 |
| Land Assessment | $111,550 | Total Assessment | $273,298 |
Property Taxes
Parcel Number
037-21-66
Land Assessment
$111,550
Improvements Assessment
$161,748
Total Assessment
$273,298
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1900 Kenneth St
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