Updated Duplex Income
1211 E Main Street Stockton, CA 95205
1211 E Main Street, Stockton, CA, 95205
$449,900
For Sale
$449,900
Well-maintained duplex with two updated units, gated yard, and off-street parking for tenants and guests.
Property Size1,792 SF
Price / SF$251.06
Days on Market20
Property Features for 1211 E Main Street
General Information
- Standard status
- Active
- Size
- 1,792 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1920
Listing agency
J.Peter Realtors
(209) 988-5545
Listed by
Lindsey Hawel · License #01733951
(209) 988-5545
Source
Exitrealty
Added: Jul 4 Updated: Jul 21 at 10:07PM Checked: Jul 22 at 6:38AM
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 J.Peter Realtors
Investment Insights
Based on property information with market context.
This well-maintained duplex features two residential units, with updates completed in 2019. Improvements include upgraded flooring, remodeled bathrooms, refreshed kitchen cabinetry, granite countertops, and updated appliances.
The property includes a gated yard for added privacy and security, along with off-street parking intended for tenants and guests. It is centrally located near shopping, restaurants, schools, and major transportation routes, supporting convenient daily access and commuting.
Offered for sale as an income-producing residential property, the duplex benefits from the recent interior upgrades already in place.
The property includes a gated yard for added privacy and security, along with off-street parking intended for tenants and guests. It is centrally located near shopping, restaurants, schools, and major transportation routes, supporting convenient daily access and commuting.
Offered for sale as an income-producing residential property, the duplex benefits from the recent interior upgrades already in place.
Key Highlights
- Duplex built in 1920 with two units
- Both units updated in 2019 with upgraded flooring, remodeled bathrooms, refreshed kitchen cabinetry, granite countertops, and updated appliances
- Gated yard for added privacy and security
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $39.8k | $22.20 |
| − Vacancy | −$2.0k | −$1.10 |
| EGI | $37.8k | $21.10 |
| − OpEx | −$11.3k | −$6.33 |
| NOI | $26.5k | $14.77 |
1,792 SF · lease $22.20/SF/yr · vacancy 4.94% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$378.2K
$330.9K – $441.2K
NOI $26,472 @ 7.0% cap · market cap 5.88%
Second Best
Apartment 5plus
$349.2K
$305.5K – $407.4K
NOI $24,443 @ 7.0% cap · market cap 5.43%
Theoretical Best
Office A
$475.5K
$416.1K – $554.8K
NOI $33,288 @ 7.0% cap · market cap 7.40%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Duplex - Well-maintained duplex with two updated units, gated yard, and off-street parking for tenants and guests.
Where is this duplex located?
The property is located at 1211 E Main Street Stockton, CA.
What is the asking price?
The asking price for this property is $449,900.
What are key features of this property?
This property features: Duplex built in 1920 with two units; Both units updated in 2019 with upgraded flooring, remodeled bathrooms, refreshed kitchen cabinetry, granite countertops, and updated appliances; Gated yard for added privacy and security
