Rio Grande Avenue
Modesto, CA 95351
17,885.74Sqft(Lot)
Welcome to an exceptional investment opportunity in the heart of Modesto. This remarkable property offers a strategic location, impressive financial potential, and a diverse range of possibilities for savvy investors. With 2 parcels of land, 6 buildings, and a total of 7 units, this gem is poised to deliver excellent returns on your investment. There are 1 3-bedroom/2-bathroom unit, 1 2-bedroom/2-bathroom unit, 2 2-bedroom/1-bathroom units, and 3 1-bedroom/1-bathroom units (2 units on the same lot have 1bed/1bath additions without permits, but permits can be pulled with ease). 3 units will be delivered vacant so you can bring them to market rents of $1400-1800, bringing in a total gross of $8000+/monthly and lots of room for growth with yearly increases.
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| Locust Street, Modesto, CA, 95351 | $149,999 | -- | -- | -- | 6,033.06 Sqft(Lot) |
| N Canyon Drive, Modesto, CA, 95351 | $320,000 | -- | -- | -- | 19,244.81 Sqft(Lot) |
| Canyon Falls Drive, Modesto, CA, 95351 | $298,900 | -- | -- | -- | Acres (Lot)-- |
| E Hatch Road, Modesto, CA, 95351 | $220,000 | -- | -- | -- | Acres (Lot)-- |
| Erickson Avenue, Modesto, CA, 95351 | $645,000 | -- | -- | 2,200 | 9,239.08 Sqft(Lot) |
| John Street, Modesto, CA, 95351 | $150,000 | -- | -- | -- | Acres (Lot)-- |
| Pecos Avenue, Modesto, CA, 95351 | $329,000 | -- | -- | -- | Acres (Lot)-- |
| E Hatch Road, Modesto, CA, 95351 | $160,000 | -- | -- | -- | Acres (Lot)-- |
| N Canyon Drive, Modesto, CA, 95351 | $289,000 | -- | -- | -- | Acres (Lot)-- |
| John Street, Modesto, CA, 95351 | $450,000 | -- | -- | 2,028 | 6,573.20 Sqft(Lot) |
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Nearby For Sale
ByOwner last updated this listing 08/20/2026 @ 09:30
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