Duplex with Updated
New
For Sale
$515,000
605-607 Fort Sumpter Drive, Modesto, CA 95354
The 1,944-square-foot property includes one vacant residence with recent interior improvements.
Property Size1,944 SF
Price / SF$264.92
Days on Market2
Property Features for 605-607 Fort Sumpter Drive
General Information
Standard status
Active
Size
1,944 SF
Property subtype
Residential Income
Zoning
R2
Amenities
Carpet,Tile
1
2
In Each Unit
Public
4.0
0.0
0.1538
Assessor Auto-Fill
Attached,Garage
Slab
Building Details
Year Built
1977
Stories
1
Listing Agency:
PMZ Real Estate
Listed By:
Pamela M Harmon · License #01046296
(209) 345-2203
Source:
Carlilerealty
Added: Oct 30
Last Checked: Oct 30 at 3:17PM
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 PMZ Real Estate
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,944-square-foot duplex at 605-607 Fort Sumpter Drive contains a vacant unit that has received updates to its paint, flooring, and appliances. The property was built in 1977 and is zoned R2.
The two-unit property includes an attached garage. One residence is vacant and recently improved; the other unit's occupancy or condition is not specified.
The two-unit property includes an attached garage. One residence is vacant and recently improved; the other unit's occupancy or condition is not specified.
Key Highlights
- 1,944‑square‑foot duplex
- One vacant unit with recent paint, flooring, and appliance updates
- Built in 1977; zoned R2
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,941
Cap Rate
5.62%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$578,820
$578.8K
Cap Rate 7%
$413,443
$413.4K
Cap Rate 9%
$321,567
$321.6K
Market Conditions
NOI Build-Up for 1,944 SF
Gross rent
$43.2K $22.20/SF
− Vacancy
−$1.8K −$0.93/SF
EGI
$41.3K $21.27/SF
− OpEx
−$12.4K −$6.38/SF
NOI
$28.9K $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%
$578,820
Cap Rate 7%
$413,443
Cap Rate 9%
$321,567
Alternative Uses
Best Use
Multifamily LT 5
$413.4K
$361.8K – $482.4K
NOI $28,941 @ 7.0% cap · market cap 5.62%
Second Best
Apartment 5plus
$369.5K
$323.3K – $431.1K
NOI $25,866 @ 7.0% cap · market cap 5.02%
Theoretical Best
Office A
$653.2K
$571.5K – $762.1K
NOI $45,723 @ 7.0% cap · market cap 8.88%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Location Intelligence
Trade Area within ½ mile
103
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - The 1,944-square-foot property includes one vacant residence with recent interior improvements.
Where is this duplex located?
The property is located at 605-607 Fort Sumpter Drive Modesto, CA.
What is the asking price?
The asking price for this property is $515,000.
What are key features of this property?
This property features: 1,944‑square‑foot duplex; One vacant unit with recent paint, flooring, and appliance updates; Built in 1977; zoned R2
