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Brick Duplex with Detached Garage
New
For Sale
$549,000

118 W Euclid Avenue, Stockton, CA 95204

Two 2-bedroom, 1-bathroom residences share indoor laundry and a fenced backyard with additional storage.

Property Size1,863 SF
Price / SF$294.69
Days on Market5

Property Features for 118 W Euclid Avenue

General Information

Standard status Active
Size 1,863 SF
Total Parking Spaces 2
Property subtype Residential Income
Zoning RES

Site & Location

Neighborhood Midtown

Units

Unit Mix 2 x 2BR/1BA
Multifamily Units 2

Amenities

indoor laundry
storage shed
fenced backyard

Building Details

Building Size 1,863 SF
Year Built 1928
Buildings 2
Stories 1
Units 2
Construction English Tudor-style brick
Listing Agency: Werner Properties
Listed By: Steven Werner · License #00706727
Source: Busybee
Added: Oct 19 Changed: Oct 22 Last Checked: Oct 22 at 2:26PM

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 Werner Properties

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Investment Insights

Based on property information with market context.

Built in 1928, this 1,863-square-foot duplex has two units, each with two bedrooms and one bathroom. Both residences include indoor laundry. Unit 120 has fresh paint and updated flooring, along with a naturally bright living room, French doors, plaster walls and an arched brick fireplace. Its kitchen includes built-in storage, tiled countertops and a stainless steel gas range. Unit 118 is occupied and follows the same floor plan.

The property includes a detached two-car garage and a separate storage shed in the fenced backyard. Zoning is RES, and the address is 118 W Euclid Avenue in Stockton.

Key Highlights

  • Two‑unit duplex with 1,863 square feet
  • Each unit has 2 bedrooms and 1 bathroom
  • Built in 1928; zoned RES

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$26,081
Cap Rate
4.75%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$521,620 $521.6K
Cap Rate 7%
$372,586 $372.6K
Cap Rate 9%
$289,789 $289.8K
Market Conditions
NOI Build-Up for 1,863 SF
Gross rent
$40.2K $21.60/SF
− Vacancy
−$3.0K −$1.60/SF
EGI
$37.3K $20.00/SF
− OpEx
−$11.2K −$6.00/SF
NOI
$26.1K $14.00/SF
Area
Stockton, CA
Vacancy
7.41%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$521,620
Cap Rate 7%
$372,586
Cap Rate 9%
$289,789

Alternative Uses

Best Use
Multifamily LT 5
$372.6K
$326.0K – $434.7K (±1% cap)
NOI $26,081 @ 7.0% cap · market cap 4.75%
Second Best
Apartment 5plus
$323.9K
$283.4K – $377.9K (±1% cap)
NOI $22,673 @ 7.0% cap · market cap 4.13%
Theoretical Best
Office A
$503.8K
$440.8K – $587.8K (±1% cap)
NOI $35,266 @ 7.0% cap · market cap 6.42%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

849
Businesses Nearby

Demographics for 95204, CA

30,719
Population
12,354
Households
2.5
Avg Household Size
37
Median Age
20%
College-Educated
84%
High-School Grad
5.3 sq mi
ZIP Area
5,796
Density / Sq Mi
$71,792
Median Household Income
$42,361
Median Earnings
$1,381
Median Rent
$358,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two 2-bedroom, 1-bathroom residences share indoor laundry and a fenced backyard with additional storage.
Where is this duplex located?
The property is located at 118 W Euclid Avenue Stockton, CA.
What is the asking price?
The asking price for this property is $549,000.
What are key features of this property?
This property features: Two‑unit duplex with 1,863 square feet; Each unit has 2 bedrooms and 1 bathroom; Built in 1928; zoned RES
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