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$899,000
48 Days On Site

833 Spencer Avenue
Modesto, CA 95351

For Sale|Quadruplex|Active
9
Beds
0
Total Baths
3,574
SqFt
$252
/SqFt
1992
Built
County:
Stanislaus

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(510) 605-3937
833 Spencer Avenue833 Spencer Avenue833 Spencer Avenue833 Spencer Avenue
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cash cow, best cash flow in this price range. The biggest reason you invest in central valley is cash flow. 9% proforma cap rate. awesome opportunity to own larger size units, no owner paid utilities, and lots of added income potential. a bonus unit takes the cash flow over anything comparable. Proforma income of $100K annually calculated conservatively with minimal to no owner expense except tax/insurance. Lots of new items like AC's, water heaters, all tile flooring, all dual pane windows, newer roof. Low maintenance for years to come. Extra vacant lot for other possibilities,( storage units, mobile or other structures). a 3/1, a 2/1 with bonus room, a 2/1 with bonus finished attic room, a 2/1.5, and a separate converted studio, 5 rents plus more income potential. ask about lower rate financing seller is willing to facilitate to add another $300 a month or 0.4% to cashflow/cap rate. Motivated seller, bring in all offers.

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Listing Snapshot
Price 
$899,000
Days On Site 
48 Days
Bedrooms 
9
Inside Area (SqFt) 
3,574 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.43 Acres
Year Built 
1992
MLS® Number 
ML82005654
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 weeks agoListing updated with changes from the MLS®
3 weeks agoPrice changed to $899,000
2 months agoListing first seen on site
General Features
Acres 
0.43
Property Sub Type 
Quadruplex
SqFt Total 
3574
Zoning 
resi
Interior Features
Cooling 
Other
Heating 
Forced AirWall Furnace
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Community Features
School District 
Modesto City High
Schools
School District
Modesto City High
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Sam Roham of Alliant Real Estate And Financial Services Inc.

Based on information from the bridgeMLS as of 2025-06-24 04:07 PM UTC. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Copyright 2025, bridgeMLS

Neighborhood & Commute
Source: Walkscore
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