Detached
For Sale
$695,950
115 E Highland Avenue, Tracy, CA 95376
Residential zoning and unit-specific interior features shape this two-unit property in Tracy.
Property Size1,850 SF
Price / SF$376.19
Days on Market8
Property Features for 115 E Highland Avenue
General Information
Standard status
Active
Size
1,850 SF
Total Parking Spaces
2
Property subtype
Residential Income
Zoning
residential
Lease Term
Month To Month
Amenities
Ceiling Fan(s), Varies by Unit
Varies by Unit
Dishwasher, Free-Standing Electric Oven, Free-Standing Electric Range
Detached
Traditional
Building Details
Year Built
1930
Buildings
2
Stories
2
Listed By:
Frank G. Silveria III · License #01306251
(209) 835-9300
Source:
Evrealestate
Added: Oct 30
Changed: Nov 2
Last Checked: Nov 4 at 12:01PM
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 Frank G. Silveria III
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Investment Insights
Based on property information with market context.
This detached duplex in Tracy was built in 1930 and contains 1,850 square feet. Its traditional exterior is complemented by interiors that differ by unit; listed features include ceiling fans, a dishwasher, and free-standing electric cooking appliances.
The property is located at 115 E Highland Avenue in San Joaquin County. Residential zoning is in place.
The property is located at 115 E Highland Avenue in San Joaquin County. Residential zoning is in place.
Key Highlights
- 1,850‑square‑foot duplex built in 1930
- Detached, traditional exterior
- Residential zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,487
Cap Rate
3.52%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$489,740
$489.7K
Cap Rate 7%
$349,814
$349.8K
Cap Rate 9%
$272,078
$272.1K
Market Conditions
NOI Build-Up for 1,850 SF
Gross rent
$36.6K $19.80/SF
− Vacancy
−$1.6K −$0.89/SF
EGI
$35.0K $18.91/SF
− OpEx
−$10.5K −$5.67/SF
NOI
$24.5K $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%
$489,740
Cap Rate 7%
$349,814
Cap Rate 9%
$272,078
Alternative Uses
Best Use
Multifamily LT 5
$349.8K
$306.1K – $408.1K
NOI $24,487 @ 7.0% cap · market cap 3.52%
Second Best
Apartment 5plus
$324.9K
$284.3K – $379.0K
NOI $22,740 @ 7.0% cap · market cap 3.27%
Theoretical Best
Office A
$406.3K
$355.5K – $474.0K
NOI $28,438 @ 7.0% cap · market cap 4.09%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Location Intelligence
Trade Area within ½ mile
2,000
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 - Residential zoning and unit-specific interior features shape this two-unit property in Tracy.
Where is this duplex located?
The property is located at 115 E Highland Avenue Tracy, CA.
What is the asking price?
The asking price for this property is $695,950.
What are key features of this property?
This property features: 1,850‑square‑foot duplex built in 1930; Detached, traditional exterior; Residential zoning
