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Construction-Ready Multi-Family Development Site
For Sale
$799,000

1732 Miller Ave, Modesto, CA 95354

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

Property SizeContact for details
Days on Market844

Property Features for 1732 Miller Ave

General Information

Standard status Active
Property subtype Land/Lot
Listing Agency: Mokha Real Estate
Listed By: Gurleen K Khella · License #02165492
Source: Thecentralvalleyhomesearch
Added: Jul 5, 2024 Changed: Oct 25 Last Checked: Oct 24 at 5:40PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Mokha Real Estate

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Investment Insights

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This is a construction-ready site with full plans for a new two-story, 16-unit multi-family apartment development. Each unit is thoughtfully designed and offers approximately 1,024 sq. ft. with two bedrooms, two and a half bathrooms, and a versatile exercise room that can serve as an office, additional bedroom, or home gym. The first floor features a dining area, kitchen, living space, one bedroom, a full bathroom, and a half bathroom. The second floor includes the laundry room, a second bedroom and full bath, plus the exercise room with its own bathroom. The project includes two ADA-compliant units, 39 parking spaces, and a ground-floor office space. The total building area is approximately 16,660 sq. ft. The property is ideally situated near shopping centers, schools, retail, and essential services in a high-demand location with strong future potential, making it perfect for moving forward with construction immediately.

Key Highlights

  • Construction‑ready site with full plans for a 16‑unit multi‑family apartment development.
  • Located in a high‑demand area of Modesto, near shopping, schools, retail, and essential services.
  • Each unit is approximately 1,024 sq. ft. with 2 bedrooms, 2.5 bathrooms, and a versatile exercise room.

Property Analytics

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Location Intelligence

Trade Area within ½ mile

478
Businesses Nearby

Demographics for 95354, CA

26,765
Population
9,797
Households
2.7
Avg Household Size
36
Median Age
17%
College-Educated
80%
High-School Grad
7.7 sq mi
ZIP Area
3,476
Density / Sq Mi
$65,643
Median Household Income
$42,126
Median Earnings
$1,463
Median Rent
$360,300
Median Home Value
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Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Ready for a new 16-unit multi-family apartment development.
Where is this apartment building located?
The property is located at 1732 Miller Ave Modesto, CA.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Construction‑ready site with full plans for a 16‑unit multi‑family apartment development.; Located in a high‑demand area of Modesto, near shopping, schools, retail, and essential services.; Each unit is approximately 1,024 sq. ft. with 2 bedrooms, 2.5 bathrooms, and a versatile exercise room.
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