2840 Levon Avenue

Modesto, CA 95350

Well-located residential fourplex offering solid income with strong long-term upside in a stable Modesto rental market. The property features a desirable unit mix of one 3bd/2ba unit and three 2bd/1ba units, totaling over 4,100 sq ft, which is larger than many comparable fourplexes in the area. 3 units have central heating & air and the 4rth has a split air/heat system. Carport parking, and additional open parking enhancing tenant appeal. The exterior has been recently painted, with additional interior improvements completed in select units. Overall condition is good, providing a solid foundation for a value-add investor. Current rents are below market, offering clear upside through future rent adjustments as units turn or annual increases. Conveniently located near shopping, schools, parks, and Highway 99 just off Tully Rd, half a block from Davis High School, and near Standiford Ave. Ideal opportunity for investors seeking a larger-than-average fourplex with a strong unit mix and long-term growth potential. This building and location could also be attractive and an ideal starting point for a future investor by owner-occupancy in one unit while renting the others.

Listing courtesy of PMZ Real Estate



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Last checked 2026-03-02 12:31 PM PST