Four-Unit Apartment
800 Sutter Avenue Modesto, CA 95351
800 Sutter Avenue, Modesto, CA, 95351
$758,800
For Sale
$758,800
Well-maintained two-story, four-unit multifamily property with three 2-bedroom units and one 3-bedroom unit.
Property Size3,745 SF
Lot Size0.16 Acres
Price / SF$202.62
Days on Market69
Property Features for 800 Sutter Avenue
General Information
- Standard status
- Active
- Size
- 3,745 SF
- Lot size
- 0.16 Acres
- Property subtype
- Multi Family
Building Details
- Year Built
- 1967
Listing agency
Cosol Commercial Real Estate
(209) 481-5438
Listed by
Jacob I. Friedrich · License #02017662
(209) 481-5438
Source
Exitrealty
Added: May 14 Updated: Jul 20 at 8:31PM Checked: Jul 21 at 5:09AM
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 Cosol Commercial Real Estate
Investment Insights
Based on property information with market context.
800 Sutter Avenue is a well-maintained two-story, four-unit apartment property built in 1967. The unit mix includes three 2-bedroom/1-bath units and one 3-bedroom/2-bath unit. The property totals approximately 3,745 SF and sits on a 7,000 SF lot. HOA-managed landscaping and common area maintenance support ongoing appearance and upkeep.
The building is located in the established Sutter Glen neighborhood near downtown Modesto, with convenience to schools, shopping, restaurants, employment centers, and major commuter routes.
This property offers a straightforward, income-focused residential configuration with a balanced mix of unit bedroom counts and baths across four separate units.
The building is located in the established Sutter Glen neighborhood near downtown Modesto, with convenience to schools, shopping, restaurants, employment centers, and major commuter routes.
This property offers a straightforward, income-focused residential configuration with a balanced mix of unit bedroom counts and baths across four separate units.
Key Highlights
- Two‑story 4‑unit multifamily property built in 1967 in the Sutter Glen neighborhood of Modesto
- Approx. 3,745 SF building on a 7,000 SF lot
- Unit mix: three 2‑bedroom/1‑bath units plus one 3‑bedroom/2‑bath unit
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 | $83.1k | $22.20 |
| − Vacancy | −$3.5k | −$0.93 |
| EGI | $79.6k | $21.27 |
| − OpEx | −$23.9k | −$6.38 |
| NOI | $55.8k | $14.89 |
3,745 SF · lease $22.20/SF/yr · vacancy 4.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$796.5K
$696.9K – $929.2K
NOI $55,753 @ 7.0% cap · market cap 7.35%
Second Best
Apartment 5plus
$711.8K
$622.9K – $830.5K
NOI $49,829 @ 7.0% cap · market cap 6.57%
Theoretical Best
Office A
$1.26M
$1.10M – $1.47M
NOI $88,082 @ 7.0% cap · market cap 11.61%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - Well-maintained two-story, four-unit multifamily property with three 2-bedroom units and one 3-bedroom unit.
Where is this quadplex located?
The property is located at 800 Sutter Avenue Modesto, CA.
What is the asking price?
The asking price for this property is $758,800.
What are key features of this property?
This property features: Two‑story 4‑unit multifamily property built in 1967 in the Sutter Glen neighborhood of Modesto; Approx. 3,745 SF building on a 7,000 SF lot; Unit mix: three 2‑bedroom/1‑bath units plus one 3‑bedroom/2‑bath unit
