Tenant-Occupied Duplex
2501 Miller Avenue Modesto, CA 95354
2501 Miller Avenue, Modesto, CA, 95354
$475,000
Pending
For Sale
$475,000
Pending
MULTI_FAMILY - Modesto, CA
Property Size1,794 SF
Lot Size0.14 Acres
Days on Market19
Property Features for 2501 Miller Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bedroom 1, Bathroom 1, Bathroom 2, Bedroom 3, Bedroom 2, Bedroom 4
- Parking features
- Off Street
- Exterior features
- Back Yard, Front Yard, Side Yard
- Fencing
- Fenced
- Appliances
- Gas Water Heater
- Standard status
- Pending
- APN
- 033030007000
- Size
- 1,794 SF
- Lot size
- 0.14 Acres
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1970
- Number of units
- 2
- Flooring type
- Vinyl, Carpet
- Building materials
- Wood Siding
- Roof type
- Composition, Flat
Listing Agency
RE/MAX Accord
(925) 838-4100
313 Sycamore Valley Rd. W, Danville, CA
Listed by
Timothy Vander Meulen · License #02150745
(925) 334-0760
Added: Jun 29 Checked: Jul 17 at 6:06 am
MLS# 41140023
Listing URL
Copyright © 2026 Contra Costa Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This tenant-occupied duplex consists of two separate units, each offering two bedrooms and one bathroom. Both units include a slider door that provides access to fenced-in side and back yards, creating an outdoor extension to the living space. Unit 2501 is served by an attached two-stall garage, while unit 2503 has an attached one-stall garage.
The property is located at 2501 Miller Avenue in Modesto, California (Stanislaus County). The listed lot size is 0.14 acres, supporting the duplex layout and the fenced yard areas connected to each unit.
For buyers seeking a residential income property, this configuration may offer straightforward unit separation with dedicated garages and outdoor areas tied directly to each unit’s interior access. Because the duplex is currently tenant occupied, it may appeal to investors looking for an income-producing setup built around two similar 2 bed / 1 bath floor plans.
The property is located at 2501 Miller Avenue in Modesto, California (Stanislaus County). The listed lot size is 0.14 acres, supporting the duplex layout and the fenced yard areas connected to each unit.
For buyers seeking a residential income property, this configuration may offer straightforward unit separation with dedicated garages and outdoor areas tied directly to each unit’s interior access. Because the duplex is currently tenant occupied, it may appeal to investors looking for an income-producing setup built around two similar 2 bed / 1 bath floor plans.
Key Highlights
- Tenant‑occupied duplex in Modesto with two 2‑bedroom, 1‑bath units
- Each unit includes a slider door to the fenced‑in side and back yards
- Unit 2501 features an attached 2‑stall garage
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $39.8k | $22.20 |
| − Vacancy | −$1.7k | −$0.93 |
| EGI | $38.2k | $21.27 |
| − OpEx | −$11.4k | −$6.38 |
| NOI | $26.7k | $14.89 |
1,794 SF · lease $22.20/SF/yr · vacancy 4.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$381.5K
$333.9K – $445.1K
NOI $26,708 @ 7.0% cap · market cap 5.62%
Second Best
Apartment 5plus
$341.0K
$298.4K – $397.8K
NOI $23,870 @ 7.0% cap · market cap 5.03%
Theoretical Best
Office A
$602.8K
$527.4K – $703.3K
NOI $42,195 @ 7.0% cap · market cap 8.88%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Two tenant-occupied units each feature two bedrooms and one bathroom with private fenced yard access.
Where is this duplex located?
The property is located at 2501 Miller Avenue Modesto, CA.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Tenant‑occupied duplex in Modesto with two 2‑bedroom, 1‑bath units; Each unit includes a slider door to the fenced‑in side and back yards; Unit 2501 features an attached 2‑stall garage
