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$1,040,000

  • Sold
  • Closed
  • Multi-Family
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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!

Full Property Details for 1525 Morgan Rd

General

  • Sold For: $1,040,000
  • Status: Closed
  • Type: Multi-Family
  • Source: METROLIST_Cali
  • MLS ID: 224133361
  • Added to Site: 430 day(s) ago

Rental Information

  • Lease/Rent Term: Month To Month

Interior

  • Flooring: Tile

Rooms

Other Rooms

  • Laundry: Other

Parking

  • Total Spaces: 9
  • Parking: Uncovered, Guest Parking Available

Location

  • Area: 20106
  • County: Stanislaus
  • Cross Streets: Hatch Rd
  • Driving 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.

School Information

  • School District: Stanislaus
  • Elem School District: Ceres Unified
  • Midd School District: Ceres Unified
  • High School District: Ceres Unified

Heating & Cooling

  • Cooling Type: Wall Unit(s)
  • Heating Type: Wall Furnace

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: City, Electric

Structural Information

  • Construction: Stucco, Frame
  • Foundation: Slab
  • Stories/Levels: 2
  • Square Feet: 612
  • Sq. Ft. Source: Assessor Auto-Fill
  • Year Built: 1960

Unit Information

  • Studio/Effic Units: 5

Unit 1

  • Bedrooms: 1

Unit 2

  • Bedrooms: 2

Lot Features

  • Lot Size (Acres): 0.1435
  • Lot Size (Sq. Ft.): 6,251
  • Irrigation System: None
  • Zoning: Multi Family Dwelling
  • Lot Description: None

Financial Considerations

  • Tenant Pays: Electricity

Disclosures and Reports

  • Special Conditions: None
  • APN: 086-001-033-000

Listed and Sold by EXIT Realty Consultants

Listing agent

— 1525 Morgan Rd —

  • EXIT Realty Consultants

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1525 Morgan Rd

School District:Ceres Unified School District
NameGradesDistance
Westport Elementary School
5218 South Carpenter Road, Modesto, CA 95358
K-64.3 mi
Blaker-Kinser Junior High School
1601 Kinser Road, Ceres, CA 95307
7-81.3 mi
Central Valley High School
4033 Central Avenue, Ceres, CA 95307
9-122.2 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1525 Morgan Rd

Date
Details
Price
Change
Source
6/12/2025
Sold
$1,040,000
-3.26%
MLS
3/28/2025
Price Increased
$1,075,000
7.61%
MLS
3/25/2025
Price Reduced
$999,000
-7.07%
MLS
1/31/2025
Price Reduced
$1,075,000
-6.52%
MLS
12/16/2024
Listed
$1,150,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed and Sold by EXIT Realty Consultants

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1525 Morgan Road, Modesto, CA 95358 (MLS# 224133361) is a Multi-Family property that was sold at $1,040,000 on June 12, 2025. Want to learn more about 1525 Morgan Road? Do you have questions about finding other Multi-Family real estate for sale in Modesto? You can browse all Modesto real estate or contact a Coldwell Banker agent to request more information.