Commercial: MLS #ML82048970 Modesto, CA $ 1,325,000
Commercial: MLS #ML82048970
$ 1,325,000
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Commercial: MLS #ML82048970

Modesto, CA, 95351
$ 1,325,000
Bedrooms-- Baths-- Sq 4,298

Monthly Estimate*

$ 8,158

Listed by Compass
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Commercial Property for sale in Modesto, CA

for $1,325,000. This 4,298 square foot building was built in 1920 on a lot size of 0.1884.

101 I St, 107 I St, and 510 S Washington St present a unique opportunity to acquire a three-parcel multifamily portfolio totaling eight units in the established downtown Modesto neighborhood. The property consists of four separate residential buildings situated on individual parcels, offering investors the flexibility of separate financing, resale, or long-term hold strategies. The portfolio features a mix of six one-bedroom/one-bath units and two two-bedroom/one-bath units, appealing to a broad tenant base seeking affordable housing in close proximity to employment, retail, and transit options in downtown Modesto. Each building sits on its own legal parcel, with one parcel featuring a detached ADU, allowing for future disposition flexibility and potential value-add opportunities through operational improvements and market rent growth.

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Commercial Active

Price

$ 1,325,000

Property Type

Commercial

Taxes

$ 15,496

Style

Lot Size

0.1884

Year Built

1920

Town/City

Modesto

County/Region

Stanislaus

MLS | Web ID

ML82048970

Days on Market

7

Features
General
Roof Shingle
Zoning R3
HOA Fee 0
Year Built 1920
County Stanislaus
Insurance Expense 5000
Property Type Commercial Sale
MaintenanceExpense 4000
Special Listing Conditions Standard
Status Active
City Modesto
High School District Other
MLS Area 699 - Not Defined
Lot Size Units Square Feet
Lot Size Square Feet 8207
Carport Spaces 0
Tax Annual Amount 15496
Trash Expense 1728
Standard Status Active
Occupancy Type Tenant
Year Built Source Assessor
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Interior
Air Conditioning Y/N true
Total Baths 0
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Exterior
Water Source Public
Total Parking 0
Lot Size Area 8207
Number of Buildings 4
Building Area Total 4298
Lot Size Acres 0.1884
Lot Size Source Other
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* Excluded Features
List By
Compass

Broker

theodore.wong@compass.com

Email

Affordability Calculator

$9,450
Per Month
86%
14%
0%
Monthly Principal & Interest
$8,158
Monthly Property Taxes
$1,291
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/29/2026$1,325,000 Listed Price

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