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Sold on 04/06/2017

721 Erickson Ave, Modesto, CA 95351

$370,000

Last sold 04/06/2017

  • —

    bed

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    bath

Multi-family not for sale
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About 721 Erickson Ave

Property type Multi-family
Year built 1957
HOA fee $0/month
Lot size 9,239 Sqft
Rental estimate
Property description
This is a 5 unit property with a good cash flow. Always rented. $3000 per month now and rents are going up. New Roof has just been installed. Owner wants to put his equity into a larger property. This is your chance to own a good money maker.
Listed by
Listing Agent - John Peace
Listing Office - Home America Real Estate
Source: Metrolist Services,Inc. mls logo
MLS#17005833 • last updated 9 years ago
Movoto checked Metrolist Services,Inc. for data 3 minutes ago
Overview
Cooling/AC Wall Unit(s)
Heating Wall Furnace
Levels/Style 0, 0, Ranch
Type Residential Income
MLS # 17005833
Status Closed
SubType 5 Or More Units
Lot Size (Sqft) 9239
Lot Size (Acres) 0.2121
Year Built 1957
Interior
Flooring Tile
Appliances Free Standing Gas Oven
Exterior
Roof Composition
Construction Frame, Stucco
Parking 1 Space Per Unit
Patio/Porch Covered Patio
Amenities / Utilities
HOA Amenities Laundry Hook-Up In Units
Location
Elementary School District Modesto City
Middle School District Modesto City
High School District Modesto City
Directions From 9th Street Take Hosmer Ave. East To Bystrum Rd. Turn Right Then Left On Erickson Property Is On Left NO SIGN ON PROPERTY
APN 038-011-022-000
Zoning R9
Multifamily Details
Total # of Units 5
Operating Expense Includes Professional Management, Utilities
Income Includes Rent Only
Rental est.: $1,042/month
Gross rent multiplier: 29.6
  • Apr 2025
    mls logo MLS # 224033302
  • Apr 4, 2025 Expired
    —
  • Jan 16, 2025 Price Change
    $645,000 (-7.2%)
  • Oct 4, 2024 Price Change
    $695,000 (-0.6%)
  • Jun 7, 2024 Price Change
    $699,000 (-6.7%)
  • Apr 17, 2024 Price Change
    $749,000 (-3.4%)
  • Apr 4, 2024 Listed
    $775,000 (+109.5%)
  • Apr 2017
    Public Records
  • Apr 6, 2017 Sold
    $370,000
  • Apr 2017
    mls logo MLS # 17005833
  • Apr 6, 2017 Sold
    $370,000 (-7.3%)
  • Mar 8, 2017 Pending Sale
    —
  • Feb 16, 2017 Price Change
    $399,000 (-11.3%)
  • Feb 16, 2017 Price Change
    $450,000 (-9.1%)
  • Feb 3, 2017 Listed
    $495,000 (+167.6%)
  • Aug 2013
    Public Records
  • Aug 23, 2013 Sold
    $185,000 (+302.2%)
  • Jan 2001
    Public Records
  • Jan 10, 2001 Sold
    $46,000
  • Year Property taxes Tax assessment
  • 2024
    $4,958 +1.4%
    $429,410 +2.0%
  • 2023
    $4,887 +2.4%
    $420,992 +2.0%
  • 2022
    $4,773 +6.1%
    $412,738 +4.04%
  • 2021
    $4,499 -1.9%
    $396,712 +1.04%
  • 2020
    $4,584
    $392,645
  • 721 Erickson Ave
    $370K
  • —
  • 95351
    $399K +5% y/y
  • Modesto
    $475K +5% y/y
No chart available
Statistics calculated by Movoto

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5/10
Peter Johansen High School
public Grades 9-12
Modesto City High School District
Source: GreatSchools.org © 2026. All rights reserved.

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