Two-Unit Duplex with
604 Fort Sumpter Dr, Modesto, CA 95354
For Sale
$510,000
Two-bed, one-bath duplex with one fully remodeled unit and one unit with long-term rental history.
Property Size1,988 SF
Price / SF$256.54
Days on Market282
Property Features for 604 Fort Sumpter Dr
General Information
Standard status
Size
Property subtype
Additional Details
Multifamily Units
Listing Agency:
eXp Realty of California Inc.
Listed By:
Tatiana A Serrano Zeledon · License #02213602
3904290
Source:
Exprealty
Added: Feb 1
Changed: Nov 4
Last Checked: Nov 8 at 11:27AM
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 eXp Realty of California Inc.
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Investment Insights
Based on property information with market context.
This 2-unit duplex includes two-bed, one-bath living arrangements in both units. One unit has been fully remodeled and features a new A/C unit, kitchen appliances, tile finishes, and fresh paint. The second unit is described as having solid bones and a long-term rental history.
The property is offered for sale at 604 Fort Sumpter Drive in Modesto, CA 95354.
As presented, the duplex offers an owner-occupant or investor configuration with rental income potential through two separate units.
The property is offered for sale at 604 Fort Sumpter Drive in Modesto, CA 95354.
As presented, the duplex offers an owner-occupant or investor configuration with rental income potential through two separate units.
Key Highlights
- 1977‑built 2‑unit duplex with 2 bed, 1 bath units
- One unit is fully remodeled with new A/C unit, kitchen appliances, tile, and paint
- Second unit offers long‑term rental history
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,596
Cap Rate
5.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$591,920
$591.9K
Cap Rate 7%
$422,800
$422.8K
Cap Rate 9%
$328,844
$328.8K
Market Conditions
NOI Build-Up for 1,988 SF
Gross rent
$44.1K $22.20/SF
− Vacancy
−$1.9K −$0.93/SF
EGI
$42.3K $21.27/SF
− OpEx
−$12.7K −$6.38/SF
NOI
$29.6K $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%
$591,920
Cap Rate 7%
$422,800
Cap Rate 9%
$328,844
Alternative Uses
Best Use
Multifamily LT 5
$422.8K
$370.0K – $493.3K
NOI $29,596 @ 7.0% cap · market cap 5.80%
Second Best
Apartment 5plus
$377.9K
$330.7K – $440.9K
NOI $26,452 @ 7.0% cap · market cap 5.19%
Theoretical Best
Office A
$668.0K
$584.5K – $779.3K
NOI $46,758 @ 7.0% cap · market cap 9.17%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
176
Businesses Nearby
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Business Placement
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
$360,300
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Modesto, CA
Properties on Market for Duplexes in Modesto
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Two-bed, one-bath duplex with one fully remodeled unit and one unit with long-term rental history.
Where is this duplex located?
The property is located at 604 Fort Sumpter Dr Modesto, CA.
What is the asking price?
The asking price for this property is $510,000.
What are key features of this property?
This property features: 1977‑built 2‑unit duplex with 2 bed, 1 bath units; One unit is fully remodeled with new A/C unit, kitchen appliances, tile, and paint; Second unit offers long‑term rental history
