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    Tenant-Occupied Duplex Investment Title is generated by Realmo AI

    2501 Miller Avenue, Modesto, CA 95354

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    Claim this Listing
    New
    Pending
    $475,000

    MULTI_FAMILY - Modesto, CA

    Property size:
    1,794 SF
    Lot size:
    0.14 Acres
    Added:
    Jun 29, 2026
    Days on Market:
    5
    Last Refresh:
    Jul 3 at 7:06 am

    Property Features for 2501 Miller Avenue

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    4
    Bathrooms
    2
    Rooms
    Bedroom 3, Bedroom 2, Bathroom 1, Bathroom 2, Bedroom 4, Bedroom 1
    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
    Carpet, Vinyl
    Building materials
    Wood Siding
    Roof type
    Flat, Composition

    We can help!

    Contact an agent
    Timothy Vander Meulen

    Listing agent Timothy Vander Meulen

    Listing office RE/MAX Accord 313 Sycamore Valley Rd. W, Danville, CA

    Listing date Jun 29, 2026

    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.

    HighLights

    • Tenant‑occupied duplex in Modesto with two 2‑bedroom, 1‑bath units
    • Each unit includes a slider door opening to fenced side/back yards
    • Unit 2501 features an attached 2‑stall garage
    • Unit 2503 features an attached 1‑stall garage
    • Central air and forced‑air heating with a gas water heater
    • Public water and public sewer; wood siding with composition and flat roofing

    Overview

    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.

    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 (±1% cap)
    NOI $26,708 @ 7.0% cap · market cap 5.62%
    Second Best
    Apartment 5plus
    $341.0K
    $298.4K – $397.8K (±1% cap)
    NOI $23,870 @ 7.0% cap · market cap 5.03%
    Theoretical Best
    Office A
    $602.8K
    $527.4K – $703.3K (±1% cap)
    NOI $42,195 @ 7.0% cap · market cap 8.88%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Real Estate Agency Dental Office Spa & Massage Center Hair Salon Nail Salon Restaurant Pharmacy Skin Care Clinic Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Modesto
    County
    Stanislaus
    State
    California
    Longitude
    -120.950248
    Latitude
    37.640255

    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 opening to fenced side/back yards; Unit 2501 features an attached 2‑stall garage
    More about this property
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