Two-Unit Duplex with
604 Fort Sumpter Drive Modesto, CA 95354
604 Fort Sumpter Drive, Modesto, CA, 95354
$510,000
For Sale
$510,000
Two-bed, one-bath duplex with one fully remodeled unit and one unit with long-term rental history.
Property Size1,992 SF
Price / SF$256.02
Days on Market70
Property Features for 604 Fort Sumpter Drive
General Information
- Standard status
- Active
- Size
- 1,992 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1977
Listing agency
eXp Realty of California Inc.
(408) 390-4290
Listed by
Tatiana A. Serrano Zeledon · License #02213602
(408) 390-4290
Source
Exitrealty
Added: May 13 Updated: Jul 20 at 8:44PM Checked: Jul 21 at 6:05AM
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.
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
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 | $44.2k | $22.20 |
| − Vacancy | −$1.9k | −$0.93 |
| EGI | $42.4k | $21.27 |
| − OpEx | −$12.7k | −$6.38 |
| NOI | $29.7k | $14.89 |
1,992 SF · lease $22.20/SF/yr · vacancy 4.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$423.7K
$370.7K – $494.3K
NOI $29,656 @ 7.0% cap · market cap 5.81%
Second Best
Apartment 5plus
$378.6K
$331.3K – $441.8K
NOI $26,505 @ 7.0% cap · market cap 5.20%
Theoretical Best
Office A
$669.3K
$585.7K – $780.9K
NOI $46,852 @ 7.0% cap · market cap 9.19%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
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 Drive 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
