Duplex with Private
New
For Sale
$649,900
4108 Gagos Drive, Modesto, CA 95356
Each residence has a two-car garage, indoor laundry, and its own backyard.
Property Size2,078 SF
Lot Size0.15 Acres
Price / SF$312.75
Days on Market3
Property Features for 4108 Gagos Drive
General Information
Standard status
Active
Size
2,078 SF
Total Parking Spaces
8
Lot size
0.15 Acres
Property subtype
Residential Income
Zoning
Multi Family Dwelling
Site & Location
Highway Access
Yes
Road Access
Yes
Units
Unit Mix
1 x 3BR/2BA, 1 x 2BR/2BA
Multifamily Units
2
Parking per Unit
2
Additional Details
Tenant in Place
Yes
Amenities
indoor laundry
private backyards
dual pane windows
updated HVAC systems
Vaulted Ceiling(s)
Fenced Yard
Yard Space
Building Details
Building Size
2,078 SF
Year Built
1986
Buildings
1
Stories
1
Units
2
Tenancy
Single
Listing Agency:
Hype Real Estate
4958907
Listed By:
Don Wright
(209) 495-8907
Source:
Coppervalleyproperties
Added: Oct 21
Changed: Oct 23
Last Checked: Oct 23 at 5:51PM
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 Hype Real Estate
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Investment Insights
Based on property information with market context.
This 1986 duplex contains two residences totaling 2,078 square feet on a 6,481-square-foot corner lot. The vacant unit offers 1,134 square feet with three bedrooms and two bathrooms; recent work includes new flooring, interior paint, plumbing and lighting updates, and stainless steel kitchen appliances. The occupied residence has 944 square feet, two bedrooms, and two full bathrooms, with laminate flooring and a water heater installed in March 2026.
Both units have dual-pane windows, updated HVAC systems, indoor laundry, two-car garages, and private backyards. The property has a certified 50-year composition shingle roof, and its exterior trim has been repainted. Zoning is Multi Family Dwelling.
The duplex is within walking distance of the Costco shopping center and a short drive from Highway 99, Vintage Faire Mall, Kaiser Permanente, and other shopping and dining options.
Both units have dual-pane windows, updated HVAC systems, indoor laundry, two-car garages, and private backyards. The property has a certified 50-year composition shingle roof, and its exterior trim has been repainted. Zoning is Multi Family Dwelling.
The duplex is within walking distance of the Costco shopping center and a short drive from Highway 99, Vintage Faire Mall, Kaiser Permanente, and other shopping and dining options.
Key Highlights
- Two units: one 3‑bedroom/2‑bath residence and one 2‑bedroom/2‑bath residence
- 2,078 square feet of building area on a 6,481‑square‑foot corner lot
- Vacant 1,134‑square‑foot unit has recent interior, kitchen, plumbing, and lighting updates
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,936
Cap Rate
4.76%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$618,720
$618.7K
Cap Rate 7%
$441,943
$441.9K
Cap Rate 9%
$343,733
$343.7K
Market Conditions
NOI Build-Up for 2,078 SF
Gross rent
$46.1K $22.20/SF
− Vacancy
−$1.9K −$0.93/SF
EGI
$44.2K $21.27/SF
− OpEx
−$13.3K −$6.38/SF
NOI
$30.9K $14.89/SF
Area
Modesto, CA
Vacancy
4.20%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$618,720
Cap Rate 7%
$441,943
Cap Rate 9%
$343,733
Alternative Uses
Best Use
Multifamily LT 5
$441.9K
$386.7K – $515.6K
NOI $30,936 @ 7.0% cap · market cap 4.76%
Second Best
Apartment 5plus
$395.0K
$345.6K – $460.8K
NOI $27,649 @ 7.0% cap · market cap 4.25%
Theoretical Best
Office A
$698.2K
$610.9K – $814.6K
NOI $48,875 @ 7.0% cap · market cap 7.52%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
977
Businesses Nearby
Explore this area
Business Placement
Demographics for 95356, CA
33,070
Population
11,802
Households
2.8
Avg Household Size
40
Median Age
29%
College-Educated
90%
High-School Grad
22.2 sq mi
ZIP Area
1,490
Density / Sq Mi
$95,376
Median Household Income
$52,867
Median Earnings
$1,794
Median Rent
$495,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence has a two-car garage, indoor laundry, and its own backyard.
Where is this duplex located?
The property is located at 4108 Gagos Drive Modesto, CA.
What is the asking price?
The asking price for this property is $649,900.
What are key features of this property?
This property features: Two units: one 3‑bedroom/2‑bath residence and one 2‑bedroom/2‑bath residence; 2,078 square feet of building area on a 6,481‑square‑foot corner lot; Vacant 1,134‑square‑foot unit has recent interior, kitchen, plumbing, and lighting updates
