2216 Palisade Ave
Modesto, CA 95350
- 8 Beds
- 4 Baths
- 3,250 sqft
8 Beds
4 Baths
3,250 sqft
Local Information
-- mins to
Description
Fantastic 4plex/ (Actually 4 Condo's with 4 Separate APN's) . This could be a very easy Value add since the 4 Individual condo's should be worth considerably more than the fourplex. These units boast a great current gross rental income of $69,060 with a current GRM of 10.84! There is still plenty of upside potential using the Rentometer 50% rent in the area the rent should be closer to $76,992 (Report Attached). At marker rents the GRM would be 9.72. All these units were updated about 4 years ago. Our pictures are for 3 of the 4 units. We will be getting pictures soon of unit #1 soon. Units 2 & # are in fair/Average Condition with normal wear and tear. Unit # 4 is in good condition with minor cosmetic defects. These units are located in the professionally managed HOA (Whispering Woods). All units are 2 bedrooms and 1 bath, central heat and air, shared garage spaces, Onsite Laundry, & courtesy patrol. All Units have access to the community pool. HOA covers landscaping, security, pool, common areas, and wall-out insurance. All must be purchased as a package with a concurrent close. Due to these being 4 individual single family parcels this portfolio may not be subject to Rent Control. Buyer to verify themselves.
2216 Palisade Ave, Modesto, CA 95350 is a 8 bedroom, 4 bathroom, 3,250 sqft multi-family built in 1970. It last sold for $740,000 on Mar 31, 2025 (1% below the $749,000 asking price). It is currently off market. The Trulia Estimate is $736,400, with a rent estimate of $1,636/month.
Home Highlights
Parking
Garage
Outdoor
No Info
A/C
Heating & Cooling
HOA
$634/Monthly
Price/Sqft
No Info
Listed
180+ days ago
Home Details for 2216 Palisade Ave
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MLS Status: Closed |
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Beds & Baths Number of Bedrooms: 8Number of Bathrooms: 4Number of Bathrooms (full): 4 |
Dimensions and Layout Living Area: 3250 Square Feet |
Appliances & Utilities Appliances: Disposal, Free-Standing Electric RangeDisposal |
Heating & Cooling Heating: CentralHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Central |
Fireplace & Spa No Fireplace |
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Exterior Home Features Roof: Composition |
Parking & Garage Number of Garage Spaces: 4Number of Covered Spaces: 4No CarportHas a GarageNo Attached GarageParking Spaces: 8Parking: Garage |
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Year Built Year Built: 1970 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: QuadruplexArchitecture: Contemporary |
Building Construction Materials: Stucco, Frame, Wood |
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Price List Price: $749,000Price Range: $740,000 - $749,000 |
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Direction & Address City: ModestoCommunity: Whispering Woods |
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Association for this Listing: MetroList Services, Inc.Has an HOAHOA Fee: $634/Monthly |
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Lot Area: 10454.4 sqft |
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Special Conditions: Other |
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Mobile Home Park Mobile Home Units: Feet |
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Expense Tenant Pays: Electricity, Gas |
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Are Units Furnished: None |
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Mls Number: 224153354 |
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HOA Amenities: Pool |
Last check for updates: about 2 hours ago
Listed by Ron Benning DRE #01058898, (916) 730-3846
LPT Realty, Inc
Bought with: Premier Properties
Originating MLS: MetroList Services, Inc.
Source: MetroList Services of CA, MLS#224153354
Price History for 2216 Palisade Ave
| Date | Price | Event | Source |
|---|---|---|---|
| 03/31/2025 | $740,000 | Sold | MetroList Services of CA #224153354 |
| 01/24/2025 | $749,000 | Pending | MetroList Services of CA #224153354 |
| 04/03/2019 | $570,000 | Sold | MetroList Services of CA #18066564 |
| 03/05/2019 | $579,500 | Pending | Agent Provided |
| 02/15/2019 | $579,500 | PriceChange | Agent Provided |
| 01/18/2019 | $590,000 | Pending | Agent Provided |
| 01/09/2019 | $590,000 | Listed For Sale | Agent Provided |
Market trends in Modesto
Last updated May 2026
Avg. sale price
$446K
$1.67KMoM
Sale-to-List Price
100.0%
Price per sq ft
$297
$1MoM
Available listings
505
17MoM
Comparable Sales for 2216 Palisade Ave
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.26 | Multi-Family Home | $645,000 | 03/26/26 | 9 | 4 | 3,709 | |
0.26 | Multi-Family Home | $700,000 | 08/29/25 | 9 | 5 | 3,709 | |
0.10 | Multi-Family Home | $744,000 | 06/01/26 | 8 | 4 | 810 | |
0.51 | Multi-Family Home | $540,000 | 12/22/25 | 5 | 4 | 1,984 | |
0.39 | Multi-Family Home | $438,000 | 09/15/25 | 6 | 2 | 1,602 | |
0.65 | Multi-Family Home | $505,000 | 07/23/25 | 4 | 4 | 1,824 | |
0.13 | Multi-Family Home | $784,900 | 08/21/25 | 8 | 4 | - | |
0.96 | Multi-Family Home | $535,000 | 12/30/25 | 6 | 4 | 2,160 | |
1.24 | Multi-Family Home | $829,900 | 03/10/26 | 9 | 5 | 4,142 | |
0.74 | Multi-Family Home | $520,000 | 08/26/25 | 6 | 1 | 1,920 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 2216 Palisade Ave.
What Locals Say about Modesto
At least 1788 Trulia users voted on each feature.
84 % Say there are sidewalks
82 % Say car is needed
80 % Say parking is easy
79 % Say yards are well-kept
79 % Say it's dog friendly
74 % Say there's holiday spirit
63 % Say it's walkable to grocery stores
58 % Say streets are well-lit
58 % Say kids play outside
56 % Say it's walkable to restaurants
52 % Say neighbors are friendly
51 % Say they plan to stay for at least 5 years
50 % Say it's quiet
46 % Say people would walk alone at night
24 % Say there are community events
23 % Say there's wildlife
Sourced by Trulia users. Learn more about our methodology.
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