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!
MLS #
ME225135718
MLS Source
MetroList Services, Inc.
Days on Site
14
Bathrooms
Updated Bath(s)
Kitchen
220 Volt Outlet, Countertop - Stone, Updated
Appliances
Microwave
Dining Room
Dining Area in Family Room
Fireplace
Living Room, Raised Hearth
Flooring
Tile, Wood
Laundry
In Kitchen
Cooling
Ceiling Fan, Central Forced Air
Heating
Fireplace
Roof
Composition
Foundation
Raised
Pool
Pool - No
Garage/Parking
Detached, Garage: 2 Car(s)
Sewer
Public Sewer
Water
Public
Zoning
R3
Listing Agent
Jessie Wiggins
Grand Properties
License #: 01992235
Phone: (209) 552-1870
Co-Listing Agent
Stephanie Owens
Grand Properties
License #: 01293859
Phone: (209) 872-7868
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 0 | – | – |
137 Downey Ave is a Single Family Residence in Modesto, CA 95354. This 2,035 square foot property sits on a 6,800 Sq Ft Lot and features 3 bedrooms & 2 full bathrooms. It is currently priced at $499,000 and was built in –. This address can also be written as 137 Downey Ave, Modesto, CA 95354.
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This listing information is up-to-date as of October 30, 2025. For the most current information, please contact Jessie Wiggins, (209) 552-1870