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1525 Morgan Road

Modesto, CA 95358

– beds
– baths
612 sqft
6,251 sqft lot
$1,756 per sqft
1960 build
– on site

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!

Listing courtesy of METROLIST / EXIT Realty Consultants

Last checked: Checking… • Last updated Feb 1, 2025 •

MLS# 224133361 —

The Building

Year Built:

1960
Year Built Source:

Assessor Auto-Fill
Construction Materials:

Stucco, Frame
Construction Materials:

#Collection(String)
Architectural Style:

#Collection(String)
Development Status:

#Collection(String)
Structure Type:

#Collection(String)
Subtype Description:

#Collection(String)
Stories Total:

2
Stories:

2
Levels:

#Collection(String)
Upper Level:

#Collection(String)
Main Level:

#Collection(String)
Lower Level:

#Collection(String)
Roof:

#Collection(String)
Basement:

#Collection(String)
Foundation Details:

Slab
Foundation Details:

#Collection(String)
Building Features:

#Collection(String)
Exterior Features:

#Collection(String)
Window Features:

#Collection(String)
Patio And Porch Features:

#Collection(String)
Accessibility Features:

#Collection(String)

Interior

Interior Features:

#Collection(String)
Flooring:

Tile
Flooring:

#Collection(String)
Fireplace Features:

#Collection(String)
Laundry Features:

Other
Laundry Features:

#Collection(String)

Room Dimensions

Living Area:

612.0
Living Area Source:

Assessor Auto-Fill

Financial & Terms

Lease Type:

Net
Tenant Pays:

Electricity
Lease Info:

#Collection(String)
Lease Type:

#Collection(String)
Lease Includes:

#Collection(String)
Rent Includes:

#Collection(String)
Owner Pays:

#Collection(String)
Tenant Pays:

#Collection(String)
Pets Allowed:

#Collection(String)

Location

Directions:

From Freeway 99, head West on Hatch Rd. Turn Left on Morgan Rd. At the Stop, turn Right on Morgan Rd. Units are on your Right side.

The Property

Parcel Number:

086-001-033-000
Property Type:

Residential Income
Property Subtype:

5 or More Units
Property Condition:

#Collection(String)
Lot Features:

None
Lot Features:

#Collection(String)
Lot Size Acres:

0.1435
Lot Size Square Feet:

6251.0
Lot Size Units:

Acres
Lot Size Source:

Assessor Auto-Fill
Land Lease:

false
View:

#Collection(String)
Zoning:

Multi Family Dwelling
Current Use:

#Collection(String)
Possible Use:

#Collection(String)
Vegetation:

#Collection(String)
Fencing:

#Collection(String)
Horse:

false
Horse Amenities:

#Collection(String)
Crops:

#Collection(String)
Soil:

#Collection(String)
Land Use:

#Collection(String)
Irrigation Source:

None
Frontage Type:

#Collection(String)
Road Surface Type:

#Collection(String)
Road Frontage Type:

#Collection(String)
Road Responsibility:

#Collection(String)
Driveway Sidewalks:

#Collection(String)

Listing Agent

Contact info:

The Listing

Home Warranty:

false

Heating & Cooling

Heating:

Wall Furnace
Heating:

#Collection(String)
Cooling:

Wall Unit(s)
Cooling:

#Collection(String)

Utilities

Utilities:

City, Electric
Utilities:

#Collection(String)
Electric:

#Collection(String)
Sewer:

Public Sewer
Sewer:

#Collection(String)
Water Source:

Public
Water Source:

#Collection(String)
Green Energy Efficient:

#Collection(String)

Appliances

Appliances:

#Collection(String)

Schools

Elementary School District:

Ceres Unified
Middle Or Junior School District:

Ceres Unified
High School District:

Ceres Unified

The Community

Senior Community:

false
Community Features:

#Collection(String)
Spa:

false
Spa Features:

#Collection(String)
Pool Private:

false
Pool Features:

#Collection(String)
Association Amenities:

#Collection(String)
Association:

false
Association Fee Includes@odata.type

#Collection(String)

Parking

Parking Total:

9.0
Parking Type:

#Collection(String)
Parking Access:

#Collection(String)
Parking Features:

Uncovered, Guest Parking Available
Parking Features:

#Collection(String)

Extra Units

Unit 1 Type:

#Collection(String)
Unit 1 Full Baths:

1
Unit 1 Bedrooms:

1
Unit 2 Bedrooms:

2
Unit 2 Full Baths:

1
Unit 2 Type:

#Collection(String)
Unit 3 Type:

#Collection(String)
Unit 3 Full Baths:

1
Unit 4 Type:

#Collection(String)
Unit 4 Full Baths:

1
Other Units:

#Collection(String)

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
1/31/25 Jan 31, 2025	Listed / Active	METROLIST	$1,075,000

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This multifamily located in South Modesto, Ceres, CA 95358 is currently for sale for $1,075,000. 1525 Morgan Road is a 612 square foot multifamily with – beds and – baths that has been on Estately for 1 days. 1525 Morgan Road is in the South Modesto neighborhood of Ceres and has a WalkScore® of 55, making it somewhat walkable. This multifamily is in the attendance area of Westport Elementary School, Blaker-Kinser Junior High School, and Central Valley High School.

Listing courtesy of EXIT Realty Consultants

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