What a great opportunity to invest in a property that has 5 studios, 2 apartment units, and a tire shop! One unit is a two bedroom one bathroom and the second unit is a one-bed one-bathroom. The adjacent parcel has a tire shop and is included in the sale, currently leased for $2500 a month (APN 086-001-033-000). The studios are each rented for $800/month. The one-bedroom, one-bath is rented for $1,050/month, and the two-bedroom, one-bathroom unit has a monthly rent of $950. Current Gross Annual Income is $102,000. All Units have a separate electricity meter. Tenants pay for electricity, and the landlord pays for water, gas, and trash. Don't miss out!
Closed
$1,040,000
1525 Morgan Rd, Modesto, CA 95358
3beds
612sqft
5 or More Units
Built in 1960
-- sqft lot
$-- Zestimate®
$1,699/sqft
$1,474 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,474/mo
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: June 12, 2025 at 04:58pm
Listed by:
Alberto Mejia DRE #01960392 209-531-3243,
EXIT Realty Consultants
Bought with:
Kris Klair, DRE #01424183
EXIT Realty Consultants
Source: MetroList Services of CA,MLS#: 224133361Originating MLS: MetroList Services, Inc.
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Wall Furnace
Cooling
- Wall Unit(s)
Features
- Flooring: Tile
- Has fireplace: No
Interior area
- Total interior livable area: 612 sqft
Property
Parking
- Total spaces: 9
- Parking features: Guest
- Has uncovered spaces: Yes
Features
- Stories: 2
Lot
- Size: 6,250 sqft
Details
- Zoning description: Multi Family Dwelling
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 5 or More Units
Materials
- Stucco, Frame
Condition
- Year built: 1960
Community & neighborhood
Location
- Region: Modesto
Price history
| Date | Event | Price |
|---|---|---|
| 6/12/2025 | Sold | $1,040,000-3.3%$1,699/sqft |
Source: MetroList Services of CA #224133361 | ||
| 3/31/2025 | Pending sale | $1,075,000$1,757/sqft |
Source: MetroList Services of CA #224133361 | ||
| 3/28/2025 | Price change | $1,075,000+7.6%$1,757/sqft |
Source: MetroList Services of CA #224133361 | ||
| 3/26/2025 | Price change | $999,000-7.1%$1,632/sqft |
Source: MetroList Services of CA #224133361 | ||
| 2/1/2025 | Price change | $1,075,000-6.5%$1,757/sqft |
Source: MetroList Services of CA #224133361 | ||
Public tax history
Tax history is unavailable.
Neighborhood: 95358
Nearby schools
GreatSchools rating
- 3/10Westport Elementary SchoolGrades: K-6Distance: 4.3 mi
- 7/10Blaker-Kinser Junior High SchoolGrades: 7-8Distance: 1.3 mi
- 5/10Central Valley High SchoolGrades: 9-12Distance: 2.2 mi
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