Updated
For Sale
$515,000
605 Fort Sumpter Dr, Modesto, CA 95354
Duplex with one recently refreshed vacant unit and flexibility for investor or owner-occupant use.
Property Size1,944 SF
Price / SF$264.92
Days on Market52
Property Features for 605 Fort Sumpter Dr
General Information
Standard status
Active
Size
1,944 SF
Property subtype
Multi-Family
Building Details
Year Built
1977
Listing Agency:
PMZ Real Estate
Listed By:
Pamela M Harmon · License #01046296
(209) 345-2203
Source:
Thedelrealgroup
Added: Aug 25
Changed: Oct 4
Last Checked: Oct 7 at 3:43PM
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
Investment Insights
Based on property information with market context.
This duplex, identified at 605 and 607 Fort Sumpter Dr, contains 1,944 square feet and was built in 1977. One unit is currently vacant and has undergone recent improvements, including new paint, flooring, and appliances. The two-unit configuration provides flexibility for an owner occupant or investor, while the second unit remains part of the property’s existing layout.
Key Highlights
- Two‑unit property at 605 and 607 Fort Sumpter Dr
- 1,944‑square‑foot duplex built in 1977
- One unit is vacant and recently updated
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
Property Analytics
Current Use
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Duplex with one recently refreshed vacant unit and flexibility for investor or owner-occupant use.
Where is this duplex located?
The property is located at 605 Fort Sumpter Dr 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: Two‑unit property at 605 and 607 Fort Sumpter Dr; 1,944‑square‑foot duplex built in 1977; One unit is vacant and recently updated
