Tenant-Occupied Duplex with
205 Kingston Lane Modesto, CA 95354
205 Kingston Lane, Modesto, CA, 95354
$499,900
For Sale
$499,900
Freshly updated duplex offers two 2-bedroom, 1-bath units with private fenced yards and attached garage parking.
Property Size1,794 SF
Price / SF$278.65
Days on Market31
Property Features for 205 Kingston Lane
General Information
- Standard status
- Active
- Size
- 1,794 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1970
Listing Agency
RE/MAX Accord
(925) 334-0760
Listed by
Timothy Vander Meulen · License #02150745
(925) 334-0760
Source
Exitrealty
Added: Jun 16 Checked: Jul 16 at 5:18 am
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 RE/MAX Accord
Investment Insights
Based on property information with market context.
This tenant-occupied duplex has been freshly updated and is offered as a turn-key, income-producing property. The layout consists of two separate units, and each features two bedrooms and one bathroom. Living areas include a slider that opens to a private, fenced backyard with a patio, providing outdoor space for both tenants. The property also includes attached two-stall garages, adding convenient on-site parking for the residents.
Located at 205 Kingston Lane in Modesto, California (CA 95354), the duplex is configured to support straightforward day-to-day occupancy. With each unit having its own backyard access and patio area, the design supports a degree of privacy within the overall property.
For investors or owner-operators, the combination of updated interiors, tenant occupancy, and practical unit features can simplify the transition into ownership. The two 2-bedroom/1-bath floorplans are well-suited to a range of resident types, and the attached garage setup can be an attractive benefit for tenants looking for covered, private parking. Units also provide direct access to outdoor fenced areas, which can support resident satisfaction while keeping day-to-day management conventional.
Located at 205 Kingston Lane in Modesto, California (CA 95354), the duplex is configured to support straightforward day-to-day occupancy. With each unit having its own backyard access and patio area, the design supports a degree of privacy within the overall property.
For investors or owner-operators, the combination of updated interiors, tenant occupancy, and practical unit features can simplify the transition into ownership. The two 2-bedroom/1-bath floorplans are well-suited to a range of resident types, and the attached garage setup can be an attractive benefit for tenants looking for covered, private parking. Units also provide direct access to outdoor fenced areas, which can support resident satisfaction while keeping day-to-day management conventional.
Key Highlights
- Freshly updated, tenant‑occupied duplex built in 1970
- Two 2‑bedroom, 1‑bath units, each with approx. 900 SF of living space
- Each unit has a slider to a private fenced‑in backyard with patio
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 5.34%
Second Best
Apartment 5plus
$341.0K
$298.4K – $397.8K
NOI $23,870 @ 7.0% cap · market cap 4.77%
Theoretical Best
Office A
$602.8K
$527.4K – $703.3K
NOI $42,195 @ 7.0% cap · market cap 8.44%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Duplex - Freshly updated duplex offers two 2-bedroom, 1-bath units with private fenced yards and attached garage parking.
Where is this duplex located?
The property is located at 205 Kingston Lane Modesto, CA.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: Freshly updated, tenant‑occupied duplex built in 1970; Two 2‑bedroom, 1‑bath units, each with approx. 900 SF of living space; Each unit has a slider to a private fenced‑in backyard with patio
