Prime investment opportunity in Downtown Modesto! 618 J St, Modesto offers a well-positioned multifamily asset featuring a total of nine units across multiple structures, consisting of a mix of studio and one-bedroom layouts that provide consistent rental demand. The property has been well maintained and improved over time, with functional units designed for efficient, low-maintenance operation and strong tenant appeal. Several units are currently occupied by long-term tenants, providing immediate in-place income, with additional upside potential through future rent adjustments as units turn over. The property benefits from a prominent corner lot location with excellent visibility and convenient access to Highway 99, public transportation, dining, shopping, and entertainment within the Downtown Modesto core. The surrounding area continues to experience ongoing revitalization and development activity, supporting long-term rental stability and value growth. Ideal for investors seeking a stable, income-producing asset with upside potential in a strong and improving rental market.
Multi-familyProperty Type
1939Year Built
10,500 sq ftLot Size
$473Price/Sq.Ft.
Listed by Bradly Cardoso•DRE #02126716• Redwood Real Estate
Downtown, located between Highway 99 and the Tuolumne River, is a historic and civic Modesto neighborhood with a classic street grid and a marquee theater skyline. The neighborhood’s character concentrates around 10th Street and J Street, where sidewalk patios, galleries, and late-night bites cluster under neon and streetlights. The State Theatre anchors the arts calendar, while Gallo Center for the Arts and the McHenry Museum add cultural weight. Early-20th-century storefronts and brick facades frame pocket parks and public plazas. Government buildings and small offices keep weekdays busy, and murals and marquees keep evenings animated.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Interior features
Updated/remodeled units; features vary by unit
Disposal
Bedrooms
Multiple one-bedroom units (at least two occupied one-bedrooms; total unit mix includes several 1-bed units)
Bathrooms
Multiple full bathrooms (several units with 1 full bath)
Kitchen
Free standing gas range
Free standing electric range
Free standing refrigerator
Laundry & utility
On-site laundry (varies by unit)
Flooring
Laminate
Vinyl
Varies by unit
Heating & cooling
Ductless cooling
Window units
Ductless heating
Wall furnace
Exterior features
Corner lot with regular shape
Sidewalks
Home design
Residential income property
Apartments (5 or more units)
Single-story building
Built in 1939
Updated/remodeled condition
Parking
Parking details not provided
Security
No specific security features listed
Construction
Composition roof
Utilities
City utilities
Public sewer
Public water / water district with meter on site
Natural gas connected
Cable available
Internet available
HOA & community
No HOA
Financial info
Nine total units
Other
Corner location at 618 J St, Modesto, CA 95354
Directions available (Take HWY 99, Exit off 6th St, right at J St.)
Electricity and solar
View estimated energy costs and solar savings for this home
This zone is intended to foster an intensive and active urban environment, but at a reduced scale from what is found in the Central District. This is accomplished with medium-large building envelopes that accommodate a mixture of uses, including residential, with an interface that promotes a strong public/private connection and lively streetscape. In addition to Historic Preservation sites, the zone contains the site of a future passenger rail station. The future station is intended to accommodate associated regional rail and future high speed rail service within the Downtown.
Permitted uses
Include but are not limited to:
General retail
Housing
Lodging & hospitality
Office
Apr 14, 2023 • Final
New multifamily
Construct a new residential building with three units.
New construction
May 11, 2020 • Final
Res plumbing
Gas
Plumbing
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
7/10 Heat Factor
7 days above 102° expected this year, 15 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
10/10 Air Factor
33 unhealthy days expected this year, 38 days in 30 years
Provided by First Street
Historical weather
Modesto, CA • 95354
Average low and high temperatures (°F)
60
40
65
45
73
49
75
50
84
56
91
60
94
62
95
65
89
63
79
57
64
47
55
44
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
84/ 100
Very good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.8 hrs
5.4 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 618 J St
There isn’t enough information to generate an accurate estimate at this time. Learn More