821 Colorado Ave, Modesto, CA, 95351
About This Home
Investors, take notice this well-maintained duplex at 821 Colorado Ave offers the ideal combination of strong rental income, low operating expenses, and long-term investment potential. Each spacious unit features 2 bedrooms and over 750 square feet of living space, providing comfortable accommodations that attract and retain quality tenants. Designed with convenience and functionality in mind, the property includes carport parking, security fencing, and outside storage room with washer/dryer hookups amenities tenants value and appreciate. Generating nearly $3,100 in gross monthly income, this property is already producing solid returns from day one. Even better, tenants pay all utilities except garbage, helping keep ownership expenses low and maximizing your monthly cash flow. Whether you're looking to expand your portfolio, complete a 1031 exchange, or secure a reliable income-producing asset, this duplex checks all the boxes. Strong income. Low expenses. Proven rental demand. Opportunities like this don't last long add this Modesto duplex to your portfolio today!
Getting Around
Car-Dependent
Some Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1950
Materials
- Foundation: Raised
- Construction materials: Stucco,Wood
Type & Style
- Home type: MultiFamily
- Property subType: Duplex
Interior
Appliances
- Appliances included: Free-Standing Gas Range
- Laundry features: Washer/Dryer Hookups
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Features
- Flooring: Vinyl
Heating & Cooling
- Heating features: Wall Furnace
- Cooling features: Wall Unit(s)
Interior Area
- Total structure area: 0
Property
Details
- Parcel number: 037043033000
- Zoning: R-2
- Special condition: Standard
Lot
- Lot size: 5,662 sqft
- Features: None
Parking
- Parking features: Carport
- Carport: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Earthquake
- Inland Flooding
- Heat Wave
- Lightning
How This Home’s Risks Compare
FEMA Declared Disasters in Stanislaus County and California
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,098 | $25,176 |
| Home Insurance * | $115 | $1,380 |
| Property Taxes | $405 | $4,860 |
| Electricity | $398 | $4,786 |
| Total | $3,016 | $36,192 |
Income You'd Need if You Spent...
California FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-30 | Price change | $415,000 |
| 2026-07-19 | Price change | $419,999 |
| 2026-06-08 | Listed for sale | $429,999 |
| 2022-10-10 | Sold | $390,000 |
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