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Two-Unit Duplex with Remodel
For Sale
$510,000

604 Fort Sumpter Dr, Modesto, CA 95354

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 Market248

Property Features for 604 Fort Sumpter Dr

General Information

Standard status Active
Size 1,988 SF
Property subtype Residential Income

Additional Details

Multifamily Units 2
Listing Agency: eXp Realty of California Inc.
Listed By: Tatiana A Serrano Zeledon · License #02213602
Source: Exprealty
Added: Feb 1 Changed: Oct 3 Last Checked: Oct 5 at 7:41PM

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.

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 (±1% cap)
NOI $29,596 @ 7.0% cap · market cap 5.80%
Second Best
Apartment 5plus
$377.9K
$330.7K – $440.9K (±1% cap)
NOI $26,452 @ 7.0% cap · market cap 5.19%
Theoretical Best
Office A
$668.0K
$584.5K – $779.3K (±1% cap)
NOI $46,758 @ 7.0% cap · market cap 9.17%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Hair Salon Spa & Massage Center Nail Salon Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

176
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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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
More about this property
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