Duplex with Separate
For Sale
$729,000
1141 Johnson Court, Tracy, CA 95376
Two separate residences provide independent access within a residential income property.
Property Size2,234 SF
Price / SF$326.32
Days on Market8
Property Features for 1141 Johnson Court
General Information
Standard status
Active
Size
2,234 SF
Total Parking Spaces
2
Property subtype
Residential Income
Zoning
Res
Additional Details
Multifamily Units
2
Building Details
Building Size
2,234 SF
Year Built
1982
Buildings
1
Stories
1
Units
2
Listing Agency:
Busy Bee Realty
7729863
Listed By:
Caprice Briski-Butzler
(209) 609-1974
Source:
Busybee
Added: Oct 19
Changed: Oct 25
Last Checked: Oct 26 at 3:48AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Busy Bee Realty
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Investment Insights
Based on property information with market context.
This 2,234-square-foot duplex was built in 1982 and contains two units, each with its own entrance. The separate access creates a distinct configuration for the residences within the property.
Zoning is designated Res. The property is located at 1141 Johnson Court in Tracy, California.
Zoning is designated Res. The property is located at 1141 Johnson Court in Tracy, California.
Key Highlights
- Two‑unit duplex with separate entrances
- 2,234 square feet
- Built in 1982
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,570
Cap Rate
4.06%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$591,400
$591.4K
Cap Rate 7%
$422,429
$422.4K
Cap Rate 9%
$328,556
$328.6K
Market Conditions
NOI Build-Up for 2,234 SF
Gross rent
$44.2K $19.80/SF
− Vacancy
−$2.0K −$0.89/SF
EGI
$42.2K $18.91/SF
− OpEx
−$12.7K −$5.67/SF
NOI
$29.6K $13.24/SF
Area
San Joaquin County, CA
Vacancy
4.50%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$591,400
Cap Rate 7%
$422,429
Cap Rate 9%
$328,556
Alternative Uses
Best Use
Multifamily LT 5
$422.4K
$369.6K – $492.8K
NOI $29,570 @ 7.0% cap · market cap 4.06%
Second Best
Apartment 5plus
$392.3K
$343.3K – $457.7K
NOI $27,460 @ 7.0% cap · market cap 3.77%
Theoretical Best
Office A
$490.6K
$429.3K – $572.4K
NOI $34,341 @ 7.0% cap · market cap 4.71%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
743
Businesses Nearby
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Business Placement
Demographics for 95376, CA
53,781
Population
17,270
Households
3.1
Avg Household Size
36
Median Age
19%
College-Educated
80%
High-School Grad
7.6 sq mi
ZIP Area
7,076
Density / Sq Mi
$103,493
Median Household Income
$49,078
Median Earnings
$2,023
Median Rent
$588,200
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Two separate residences provide independent access within a residential income property.
Where is this duplex located?
The property is located at 1141 Johnson Court Tracy, CA.
What is the asking price?
The asking price for this property is $729,000.
What are key features of this property?
This property features: Two‑unit duplex with separate entrances; 2,234 square feet; Built in 1982
