Two-Unit Duplex with
New
For Sale
$499,000
1953 Colt Drive, Stockton, CA 95209
Both residences offer three bedrooms, two bathrooms, and a private two-car garage.
Property Size2,291 SF
Price / SF$217.81
Days on Market5
Property Features for 1953 Colt Drive
General Information
Standard status
Active
Size
2,291 SF
Property subtype
Multi-Family
Site & Location
Neighborhood
Eight Mile/Bear Creek
Units
Unit Mix
2 x 3BR/2BA
Multifamily Units
2
Building Details
Year Built
1978
Listing Agency:
Sterling Royal Real Estate
(916) 296-0421
Listed By:
The Jamison Team
(408) 465-4899
Source:
Tuscanaproperties
Added: Oct 24
Changed: Oct 27
Last Checked: Oct 28 at 7:54AM
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 Sterling Royal Real Estate
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This duplex contains two residences, each arranged with three bedrooms and two bathrooms, plus a two-car garage. The property totals 2,291 square feet and was built in 1978.
The property is within the Lodi School District.
The property is within the Lodi School District.
Key Highlights
- Two units, each with 3 bedrooms and 2 bathrooms
- Each residence has a 2‑car garage
- 2,291 square feet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,107
Cap Rate
6.84%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$682,140
$682.1K
Cap Rate 7%
$487,243
$487.2K
Cap Rate 9%
$378,967
$379.0K
Market Conditions
NOI Build-Up for 2,291 SF
Gross rent
$50.9K $22.20/SF
− Vacancy
−$2.1K −$0.93/SF
EGI
$48.7K $21.27/SF
− OpEx
−$14.6K −$6.38/SF
NOI
$34.1K $14.89/SF
Area
ZIP 95209
Vacancy
4.20%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$682,140
Cap Rate 7%
$487,243
Cap Rate 9%
$378,967
Alternative Uses
Best Use
Multifamily LT 5
$487.2K
$426.3K – $568.5K
NOI $34,107 @ 7.0% cap · market cap 6.84%
Second Best
Apartment 5plus
$436.4K
$381.8K – $509.1K
NOI $30,547 @ 7.0% cap · market cap 6.12%
Theoretical Best
Office A
$494.9K
$433.0K – $577.3K
NOI $34,640 @ 7.0% cap · market cap 6.94%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
318
Businesses Nearby
Explore this area
Business Placement
Demographics for 95209, CA
44,660
Population
13,923
Households
3.2
Avg Household Size
37
Median Age
25%
College-Educated
87%
High-School Grad
8.2 sq mi
ZIP Area
5,446
Density / Sq Mi
$106,056
Median Household Income
$47,456
Median Earnings
$1,813
Median Rent
$464,900
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences offer three bedrooms, two bathrooms, and a private two-car garage.
Where is this duplex located?
The property is located at 1953 Colt Drive Stockton, CA.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Two units, each with 3 bedrooms and 2 bathrooms; Each residence has a 2‑car garage; 2,291 square feet
