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    8-Unit Apartment Building with Expansion
    Updated: May 15
    8-Unit Apartment Building with Expansion

    203 Jones St, Modesto, CA 95354

    $1,200,000
    5,348 sqft 0.27 AC lot
    Fully occupied 8‑unit apartment building with one‑bedroom, one‑bath apartments
    City‑approved plan to build another apartment building up to four units
    0.265‑acre lot with public water service
    Built in 1920 with colonial architectural style
    Laminate flooring with natural gas and heat pump heating
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    This listing looks promising.

    Here's a quick look at some key insights for

    203 Jones St, Modesto, CA 95354

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    • Est. Cap Rate

      5.9%
      Above avg (5.9%)

    • Est. NOI

      $71K
      Annual

    • Mortgage

      $752K
      Nov 2024

    • Last Sold

      Nov 2024
      $1.07M

    • Property Type

      Residential Income
      Built 1920
    View Property Analytics
    Three-Parcel Multifamily Portfolio
    Updated: May 20
    Three-Parcel Multifamily Portfolio

    101-107 I Street, Modesto, CA 95351

    $1,325,000
    4,298 sqft
    Three‑parcel multifamily portfolio with 8 total units across four separate residential buildings
    Unit mix: 6 one‑bedroom/one‑bath units and 2 two‑bedroom/one‑bath units
    Each building is on its own legal parcel, supporting separate financing and resale or long‑term hold strategies
    One parcel includes a detached ADU for added income flexibility or future disposition
    Year built: 1920
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    Studio and One-Bedroom Apartment Building
    Studio and One-Bedroom Apartment Building

    1133 13th Street, Modesto, CA 95354

    $1,280,000
    623 sqft

    Multifamily property within walking distance of downtown restaurants and businesses.

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    Construction-Ready Multi-Family Development Site
    Construction-Ready Multi-Family Development Site

    1732 Miller Avenue, Modesto, CA 95354

    $799,000
    0.80 AC lot

    Ready for a new 16-unit multi-family apartment development.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Ready Multi-Family Development Project
    Ready Multi-Family Development Project

    Miller Ave, Modesto, CA 95354

    $799,000
    0.80 AC lot

    Construction-ready 16-unit apartment development project in Modesto.

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    Updated Condo in Northwest Modesto
    Updated Condo in Northwest Modesto

    3424 Vintage Drive, Modesto, CA 95356

    $230,000

    Updated 2 bed, 2 bath condo with resort-style amenities.

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    Secured-Access Apartment Building
    Secured-Access Apartment Building

    2600 W Rumble Rd, Modesto, CA 95350

    Contact for pricing

    Market-rate housing community with studio and one-bedroom residences, in-unit laundry, and covered parking.

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    Remodeled Apartment Building
    Remodeled Apartment Building

    313 Campus Way, Modesto, CA 95350

    Contact for pricing

    Unit mix includes studios, one-bedroom, and two-bedroom residences with on-site laundry.

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    Carver Glenn Apartment Building
    Carver Glenn Apartment Building

    1235 Carver Rd, Modesto, CA 95350

    Contact for pricing

    Twenty-two-unit multifamily property in Modesto, California.

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    Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 9 Active listings in Modesto, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 63 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    11-Unit Apartment Building with Townhomes
    11-Unit Apartment Building with Townhomes

    1080 E Monte Vista Avenue, Turlock, CA 95382

    $2,650,000
    1,093 sqft

    Two-bedroom residences offer private yards, covered patios, full kitchens, and garage access with washer and dryer hookups.

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    Apartment Building with Storage
    Apartment Building with Storage

    4628 Patterson Rd., Oakdale, CA 95361

    $1,150,000

    Apartment property with dedicated storage and a newly constructed unit featuring paid solar.

    View details
    Recently Renovated Apartment Complex
    Recently Renovated Apartment Complex

    1002 Geer Rd, Turlock, CA 95380

    $2,995,000

    15 apartments in three buildings with a diverse unit mix, recently renovated, positioned north of Canal Drive and Geer Road.

    View details
    7-Unit Townhouse Apartment Complex
    7-Unit Townhouse Apartment Complex

    15 Willowood Drive, Oakdale, CA 95361

    Contact for pricing

    Occupied two-story residences offer private garages, additional parking, and on-site coin laundry.

    View details

    Off-Market Properties in Modesto, CA

    Consider similar Off-Market properties in Modesto, CA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    1521 Robertson Rd
    APARTMENT HOUSE (5+ UNITS)

    1521 Robertson Rd, Modesto, CA 95351

    $9,465,000
    Estimated value
    83,904 sqft 7.87 AC lot
    View details
    3601 Prescott Rd
    APARTMENT HOUSE (5+ UNITS)

    3601 Prescott Rd, Modesto, CA 95356-0770

    $23,550,000
    Estimated value
    109,684 sqft 5.03 AC lot
    View details
    2116 Chrysler Dr, Unit 4
    APARTMENT HOUSE (5+ UNITS)

    2116 Chrysler Dr, Modesto, CA 95350-1843

    Unit 4
    $755,000
    Estimated value
    924 sqft 0.18 AC lot
    View details
    2116 Chrysler Dr, Unit 3
    APARTMENT HOUSE (5+ UNITS)

    2116 Chrysler Dr, Modesto, CA 95350-1843

    Unit 3
    $755,000
    Estimated value
    840 sqft 0.18 AC lot
    View details
    2116 Chrysler Dr, Unit 2
    APARTMENT HOUSE (5+ UNITS)

    2116 Chrysler Dr, Modesto, CA 95350-1843

    Unit 2
    $755,000
    Estimated value
    840 sqft 0.18 AC lot
    View details
    2116 Chrysler Dr, Unit 1
    APARTMENT HOUSE (5+ UNITS)

    2116 Chrysler Dr, Modesto, CA 95350-1843

    Unit 1
    $600,000
    Estimated value
    810 sqft
    View details
    2800 Braden Ave
    APARTMENT HOUSE (5+ UNITS)

    2800 Braden Ave, Modesto, CA 95356-0648

    $55,520,000
    Estimated value
    173,172 sqft 13.79 AC lot
    View details
    Veneman Dr
    APARTMENT HOUSE (5+ UNITS)

    Veneman Dr, Modesto, CA 95356

    $18,725,000
    Estimated value
    66,340 sqft 5.94 AC lot
    View details
    2805 Yosemite Blvd
    APARTMENT HOUSE (5+ UNITS)

    2805 Yosemite Blvd, Modesto, CA 95354-4066

    $35,300,000
    Estimated value
    192,858 sqft 10.44 AC lot
    View details
    Chicago Ave At Paradise Rd
    APARTMENT HOUSE (5+ UNITS)

    Chicago Ave At Paradise Rd, Modesto, CA 95351

    $3,200,000
    Estimated value
    0.44 AC lot
    View details
    312 Orangeburg Ave
    APARTMENT HOUSE (5+ UNITS)

    312 Orangeburg Ave, Modesto, CA 95350-5300

    $150,000
    Estimated value
    34,880 sqft 1.95 AC lot
    View details
    1401 Lakewood Ave
    APARTMENT HOUSE (5+ UNITS)

    1401 Lakewood Ave, Modesto, CA 95355-3577

    $40,195,000
    Estimated value
    154,264 sqft 7.63 AC lot
    View details
    3313 Tully Rd
    APARTMENT HOUSE (5+ UNITS)

    3313 Tully Rd, Modesto, CA 95350-0833

    $14,800,000
    Estimated value
    37,312 sqft 1.77 AC lot
    View details
    3417 Tully Rd
    APARTMENT HOUSE (5+ UNITS)

    3417 Tully Rd, Modesto, CA 95350-0835

    $14,800,000
    Estimated value
    48,758 sqft 2.46 AC lot
    View details
    3445 Colonial Dr
    APARTMENT HOUSE (5+ UNITS)

    3445 Colonial Dr, Modesto, CA 95350-0973

    $10,315,000
    Estimated value
    8,728 sqft 2.87 AC lot
    View details

    Modesto, CA Apartment Buildings Market Trends and Statistics

    Explore 72 apartment buildings for sale in Modesto, CA, showcased through 9 active listings on our real estate platform. These investment opportunities span a total of 10,269 square feet of properties for sale, with an estimated market value of $5,633,000.

    Sale prices for two-family homes in Modesto, CA start at $230,000, averaging $938,833, and reaching up to $1,325,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Small apartment buildings 1

    Demographics Overview

    Population 269K
    Population Growth (5Y) +4.2%
    Median Household Income $75,955
    College Educated 16.9%

    High-Yield Neighborhoods for Investment

    Identify Modesto submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    95351 $1.1M
    95354 $1.2M
    95355 $3.6M

    Taxes & Financing

    Tax Rate (average for all types) 1.16%
    Property Tax per SF $17.98 per SF
    Tax Rate vs County Average 0.01 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Stanislaus County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Modesto fall within the 100,000+ square foot range.

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