Undisclosed Address

Beds
Baths
4,298 Sq. Ft.
$308 / Sq. Ft.
4,298
Sq. Ft.
$308
per Sq. Ft.

Description

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...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.

Listing Agents

  1. Theodore Wong

    Theodore Wong

    Listing Agent

    Compass

    DRE #02016737

    P: (510)-384-9721

  2. Sam Jalili

    Sam Jalili

    Alternative Listing Agent

    Compass

    DRE #02053100

    P: (408)-316-2157

Property Details for Undisclosed Address

MLS City Name
MODESTO
Building Type
Other
Garage Spaces
0
Parking Spaces
0
LISTING UPDATED: 05/28/2026 04:46 PM

Property Details for Undisclosed Address

StatusActive
MLS #ML82048970
Days on Compass5
Taxes$15,496 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family 5+
MLS Type5+ Units / Five or More Units
Year Built1920
Lot Size0.19 AC / 8,207 SF
CountyStanislaus County

Location

Listing Courtesy of Compass, Theodore Wong, DRE #02016737; Compass, Sam Jalili, DRE #02053100
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Building Information for Undisclosed Address

Stories-Residences-Year Built1920Building Size-Lot Size0.19 AC / 8,207 SF

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30 year fixed, 6.36% Interest

Principal and Interest

$6,603

Property Taxes

$1,291

HOA Dues

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Property Information for Undisclosed Address

Features
Features
  • Fireplace: No
  • Living SqFt: 4298
  • Pool: No
  • Security Features: None
  • Special Features: None
Utilities
  • Cooling: Ceiling Fan
  • Heating: Central Forced Air - Gas
  • Meters: Separate Electric, Separate Gas
  • Sewer Septic: Sewer - Public
  • Utilities: Public Utilities
  • Water: Public
Carport and Parking
  • Carport Min: 0
Garage
  • Garage and Parking: Off-Site Parking, On Street
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Min Num Of Units in Complex: 8
  • Area Text: Modesto So of Hwy 132 West of Hwy 99
  • Restrictions: None
  • Roof: Shingle
  • Subclass: Five or More Units
  • Year Built Source: Assessor
  • Street Number: 101-107
  • Street Name: I
  • Street Suffix: Street
  • Area ID: 20105
Lot / Property Details
Building Information
  • Number of Buildings: 4
  • Structure SqFt: 4298
  • Structure SqFt Source: Other
  • Age: 106
Development Information
  • Ownership Type: Individual
  • Zoning Detail: R3
Location Information
  • City Limits: Yes
  • Incorporated: Yes
  • Parcel Number: 104-027-003-000
  • County Name: Stanislaus
  • City Name: MODESTO
  • City Postal ID: 271
  • Postal Code: 95351
  • Elementary School District: 1599
  • High School District Text: Modesto City High
Lot Information
  • Foundation: Concrete Slab
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Other
Multi Family Information
Building Information
  • No Of Leased: 7
General Information
  • Annual Tax Amount: $15,496
  • Capitalization Rate: 7.26
  • Tenant Expenses: None
  • Income Includes: None
  • Vacancy Factor: 3
Income / Expense Details
  • Expense Insurance: $5,000
  • Expense Landscape: $0
  • Expense Maintenance: $4,000
  • Expense Management: $0
  • Expense Trash: $1,728
  • Expenses Other: $0
  • Expenses Utility: $5,268
  • Expenses Total: $31,492
  • Operating Expenses Include: Fee - Property Tax, Insurance, Maintenance - Repair, Services - Sewer, Services - Trash Removal, Utilities - Water
  • Gross Rent Multiplier: 10.07
  • Income Annual Gross: $127,668
  • Income Annual Rental: $131,616
  • Income Gross Scheduled: $131,616
  • Income Other: $0
Unit 1 Information
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Number of Bedrooms: 1
Unit 2 Information
  • Unit 2 Full Bathrooms: 1
  • Unit 2 Number of Bedrooms: 2
Unit 4 Information
  • Unit 4 Full Bathrooms: 1
  • Unit 4 Number of Bedrooms: 1

Property History for Undisclosed Address

DateEvent & SourcePriceAppreciation
May 28, 2026

Listed (Active)

EBRD #ML82048970

$1,325,000
May 28, 2026

Listed (Active)

MLSListings #ML82048970

$1,325,000
DateEvent & SourcePrice
05/28/2026

Listed (Active)

EBRD #ML82048970

$1,325,000
05/28/2026

Listed (Active)

MLSListings #ML82048970

$1,325,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near Undisclosed Address

This home is within Modesto City Elementary School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Charter - K to 5
Rating
School
Distance
Franklin Elementary School
PublicK to 6

Mark Twain Junior High School
Public7 to 8

Modesto High School
Public9 to 12

Aspire University Charter School
CharterK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Undisclosed Address is for sale in Modesto, CA 95351. This property was listed for sale on May 28, 2026 by Compass, it's currently listed at $1,325,000. This listing's school districts are Modesto City High School District, Modesto City Elementary School District. Nearby schools include Franklin Elementary School, Mark Twain Junior High School and Modesto High School. Undisclosed Address is a 0-bed, 0-bath, 4,298 sqft built in 1920.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Compass, Theodore Wong, DRE #02016737; Compass, Sam Jalili, DRE #02053100

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.