Sold on May 4, 2026 for $450,000

137 Downey Ave, Modesto, CA 95354

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3 bd · 2.0 ba · 2,035 sqft · $221/sqft · 0.16 acres

Residential · Single Family Residence · Built 1910

Description

Welcome to 137 Downey Avenue in the heart of downtown Modesto, California - an exceptional property brimming with investment potential and versatile living options. This spacious home features three bedrooms, two bathrooms, and 2,035 square feet of living space. What truly sets this property apart is its remarkable opportunity for expansion and income generation. According to City of Modesto regulations, this property can accommodate up to four units, making it ideal for creative conversion. Imagine transforming one portion into your primary residence while renting out additional units to generate consistent rental income. The possibilities extend further with the potential to build an Accessory Dwelling Unit (ADU) on top of the existing garage, maximizing earning potential. The location couldn't be more convenient - situated in downtown Modesto, you'll enjoy easy access to top-rated schools, shopping centers, restaurants, and all urban amenities. Whether you're an investor seeking a lucrative opportunity, a homeowner looking for flexibility, or someone who wants to live in one unit while building equity through rentals, this property offers endless possibilities. Don't miss this chance to own a versatile property in a prime location. Call today and be home tomorrow!

Agent & source

Listed by
Jessie E. Wiggins
Brokerage
Grand Properties
DRE
#01992235
Bought with
Emily S. Lavery-Burns
MLS # 225135718 Source MetroList Services

Property details

Rooms & Layout

Levels
2 stories
Bedrooms
3
Bathrooms
2.0 (2 full)
Kitchen
Stone Counter
Dining
Dining/Family Combo
Other Bathrooms
Tub w/Shower Over
Laundry
In Kitchen

Property Features

Lot features
Other

Building & Construction

Construction Materials
Stucco
Roof
Composition
Foundation
Raised

Exterior & Parking

Parking
2-car garage, Detached
Patio & Porch
Front Porch
Fencing
Back Yard

Interior & Comfort

Heating
Fireplace(s)
Cooling
Ceiling Fan(s), Central
Flooring
Tile, Wood
Fireplace
1 (Living Room, Raised Hearth)

Appliances & Equipment

Gas Water Heater, Microwave

Utilities

Water Source
Public
Sewer
Public Sewer
Electric
220 Volts in Kitchen
Public

Nearby

Active Pending Closed Rental
Elementary
Modesto City District
Middle
Modesto City District
High
Modesto City District

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Such information and material should be independently reviewed and verified for accuracy. This information and material are intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data last updated: October 18, 2026 5:23 AM PT
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