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228 Elm Ave

Manteca, CA 95336
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Bed 8

Bed

Bath 4

Bath

SqFt8,250

Sqft(Lot)

Rare fourplex investment opportunity in East Manteca. Built in 1994, this 3,120 sq ft four-unit property offers four 2 bedroom, 1 bath units, two upstairs and two downstairs, each with its own private garage. Three units are currently occupied on month-to-month terms at rents below current market, and one unit is vacant, giving a buyer immediate flexibility to live in one unit while renting the other three, or to step in and reposition the whole property at market rents from day one. Recent updates in the vacant unit include fresh interior paint, new carpet, and new lighting. Location is East Manteca, walking distance to multiple shopping centers, with easy access to Highway 99, Highway 120, and Kaiser Permanente Manteca. This is a true value-add play for the seasoned investor looking to b ring rents to market, the new investor wanting an entry-level multifamily asset, or an owner-occupant who wants to live in one unit, fix it up further, and let tenant income help cover the mortgage. This property is full of opportunity and flexibility!

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $900,000

AD Id : 87353582

MLS Id : 41140129

Beds : 8

Lot Size : 8,250 Sqft

Year Built : 1994

County : San Joaquin

Subdivision: Country Club Estates

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Feature Features

  • Heating & Cooling

    Has Heating: Yes Heating: Forced Air Has Cooling: Yes Cooling: See Remarks

  • Building Information

    Year Built: 1994
    Construction Materials: Wood Siding
    Private Pool: No

  • Lot Information

    Main Square Feet: 8250 Lot Size Acres: 0.1894 Lot Size Source: Public Records Lot Size Square Feet: 8,250 Lot Description: Street Level

    Property Information

    Subdivision: Not Listed Source Property Type: Residential Income Property SubType: Quadruplex Property Age: 32

  • Listing Price Information

    Listing Price: $900000
    Cash, Conventional, 1031 Exchange

  • Tax Information

    Parcel Number: 217200050000

  • Location Information

    Direction: Cross Street: West Center Stre.
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
Pennebaker Way, Manteca, CA, 95336 $928,000 -- -- 2,726 2,726 SqFt
Azure Court, Manteca, CA, 95336 $1,149,900 -- -- 5,445 5,445 SqFt
N Lincoln Avenue, Manteca, CA, 95336 $795,550 -- -- 2,311 2,311 SqFt
N Lincoln Avenue, Manteca, CA, 95336 $800,000 -- -- 2,311 2,311 SqFt

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ByOwner last updated this listing 08/20/2026 @ 00:41

MLS: 41140129 LISTED BY: Jennifer Collins, Compass 925-257-0305 SOURCE: CRMLS

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