Modesto Duplex with Two
2404-2406 Counts Ct Modesto, CA 95355
For Sale
$545,000
Duplex offers two units, each with a garage, central AC, and private front and side yard areas.
Property Size2,125 SF
Price / SF$256.47
Days on Market30
Property Features for 2404-2406 Counts Ct
General Information
- Standard status
- Active
- Size
- 2,125 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1974
Listing Agency:
Realty Services Network
(925) 705-1000
Listed By:
Stacy Adams · License #00699599
(925) 705-1000
Source:
Exitrealty
Added: Jun 26
Changed: Jul 23
Last Checked: Jul 25 at 6:12AM
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 Realty Services Network
Investment Insights
Based on property information with market context.
This Modesto duplex includes two separate residences: unit 2406 features 2 bedrooms and 2 bathrooms with a large open design, while unit 2404 offers 2 bedrooms and 1 bathroom. Each unit has its own garage plus additional off-street parking, along with spacious front and side yard areas that provide extra privacy. A covered porch entry serves as a practical feature for rainy weather. Both units have new central air conditioning installed within the last few years.
The property is located at the end of a cul-de-sac in a preferred area of Pleasant View Estates and is described as private. It is positioned near Highway 99 and close to shopping, schools, and major medical centers, including Sutter Memorial and Kaiser.
For ownership, tenants are responsible for gas, electric, and garbage, creating a streamlined utility expense structure. The seller notes current rents appear below market and that one unit is slated to become vacant, presenting an opportunity to adjust rents upon turnover.
The property is located at the end of a cul-de-sac in a preferred area of Pleasant View Estates and is described as private. It is positioned near Highway 99 and close to shopping, schools, and major medical centers, including Sutter Memorial and Kaiser.
For ownership, tenants are responsible for gas, electric, and garbage, creating a streamlined utility expense structure. The seller notes current rents appear below market and that one unit is slated to become vacant, presenting an opportunity to adjust rents upon turnover.
Key Highlights
- 1974‑built Modesto duplex with two units: 2 bed/2 bath (unit 2406) and 2 bed/1 bath (unit 2404)
- Each unit has a private front and side yard, plus its own garage and additional off‑street parking
- Both units feature new central A/C installed in the last few years
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 | $47.2k | $22.20 |
| − Vacancy | −$2.0k | −$0.93 |
| EGI | $45.2k | $21.27 |
| − OpEx | −$13.6k | −$6.38 |
| NOI | $31.6k | $14.89 |
2,125 SF · lease $22.20/SF/yr · vacancy 4.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$451.9K
$395.5K – $527.3K
NOI $31,636 @ 7.0% cap · market cap 5.80%
Second Best
Apartment 5plus
$403.9K
$353.4K – $471.2K
NOI $28,274 @ 7.0% cap · market cap 5.19%
Theoretical Best
Office A
$714.0K
$624.8K – $833.0K
NOI $49,980 @ 7.0% cap · market cap 9.17%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Duplex offers two units, each with a garage, central AC, and private front and side yard areas.
Where is this duplex located?
The property is located at 2404-2406 Counts Ct Modesto, CA.
What is the asking price?
The asking price for this property is $545,000.
What are key features of this property?
This property features: 1974‑built Modesto duplex with two units: 2 bed/2 bath (unit 2406) and 2 bed/1 bath (unit 2404); Each unit has a private front and side yard, plus its own garage and additional off‑street parking; Both units feature new central A/C installed in the last few years
