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301 E Morris Ave 2 Unit Apartment Building $580,000 ($290,000/Unit) Modesto, CA 95354
INVESTMENT HIGHLIGHTS
- Turn-Key
- Updated kitchens
- Duplex property
- Quiet, nice neighborhood
EXECUTIVE SUMMARY
Prime investment opportunity! Whether you're an investor looking for a turn-key property or planning to live in one unit while renting the other, this duplex offers flexibility and value. This 1868 sqft income-producing duplex is nestled in a desirable, quiet neighborhood. Each spacious 1-bed, 1-bath unit features updated kitchens, modern appliances, and bright living areas. Unit 301 boasts new appliances and a new washer/dryer. Long-term tenants pay separate utilities (gas, electric, trash)
The asking rents for the units are $1575/Mo.
The asking rents for the units are $1575/Mo.
PROPERTY FACTS
| Price | $580,000 | Apartment Style | Low-Rise |
| Price Per Unit | $290,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.15 AC |
| No. Units | 2 | Building Size | 1,868 SF |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Apartment | Year Built | 1946 |
| Zoning | RES1-4 - Medium Density Residential | ||
| Price | $580,000 |
| Price Per Unit | $290,000 |
| Sale Type | Investment |
| No. Units | 2 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 1,868 SF |
| No. Stories | 1 |
| Year Built | 1946 |
| Zoning | RES1-4 - Medium Density Residential |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 2 | - | - |
1 1
Walk Score®
Very Walkable (78)
PROPERTY TAXES
| Parcel Number | 111-01-32 | Improvements Assessment | $520,200 |
| Land Assessment | $166,464 | Total Assessment | $686,664 |
PROPERTY TAXES
Parcel Number
111-01-32
Land Assessment
$166,464
Improvements Assessment
$520,200
Total Assessment
$686,664
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301 E Morris Ave
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