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Occupied Duplex with Two-Car Garage
For Sale
$389,999

207 E Adams Street, Stockton, CA 95204

Two occupied residences provide an established rental configuration with separate interior laundry areas.

Property Size1,523 SF
Days on Market231

Property Features for 207 E Adams Street

General Information

Standard status Active
Size 1,523 SF
Total Parking Spaces 2
Property subtype Duplex
Occupancy 100%

Units

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

Amenities

in-unit laundry
Wall Unit(s)
Wall Furnace
Window Unit(s)
Sewer In & Connected, Electric, Natural Gas Connected

Building Details

Building Size 1,523 SF
Year Built 1947
Stories 1
Listing Agency: Delta Properties
Listed By: Stephanie Royal · License #01406411
Source: Kw
Added: Feb 26 Changed: Oct 13 Last Checked: Oct 14 at 10:27PM

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 Delta Properties

Investment Insights

Based on property information with market context.

This duplex contains two one-bedroom, one-bath units, both occupied at present. One residence retains hardwood floors, tile finishes, and ample cabinetry, while the other features LVP flooring, updated kitchen countertops, and a newer stove. Each unit includes an interior laundry area. A newer roof and dual-pane windows are additional building improvements, and heating and cooling are provided through wall furnaces, wall units, and window units.

The property also includes a two-car garage that may be convertible to an additional living area or ADU, subject to applicable approvals. Connected services include sewer, electric, and natural gas. Constructed in 1947, the duplex offers a combination of existing rental occupancy, differentiated interior finishes, and garage utility.

Key Highlights

  • Two one‑bedroom, 1 bath units, both currently occupied
  • Newer roof and dual pane windows
  • One unit with hardwood flooring, tile, and extensive cabinet space

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$21,321
Cap Rate
5.47%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$426,420 $426.4K
Cap Rate 7%
$304,586 $304.6K
Cap Rate 9%
$236,900 $236.9K
Market Conditions
NOI Build-Up for 1,523 SF
Gross rent
$32.9K $21.60/SF
− Vacancy
−$2.4K −$1.60/SF
EGI
$30.5K $20.00/SF
− OpEx
−$9.1K −$6.00/SF
NOI
$21.3K $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%
$426,420
Cap Rate 7%
$304,586
Cap Rate 9%
$236,900

Alternative Uses

Best Use
Multifamily LT 5
$304.6K
$266.5K – $355.4K (±1% cap)
NOI $21,321 @ 7.0% cap · market cap 5.47%
Second Best
Apartment 5plus
$264.8K
$231.7K – $308.9K (±1% cap)
NOI $18,536 @ 7.0% cap · market cap 4.75%
Theoretical Best
Office A
$411.9K
$360.4K – $480.5K (±1% cap)
NOI $28,830 @ 7.0% cap · market cap 7.39%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Parking Lot & Garage Electrical Service Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Locksmith Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

1,819
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
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Frequently Asked Questions

What type of property is this?
Duplex - Two occupied residences provide an established rental configuration with separate interior laundry areas.
Where is this duplex located?
The property is located at 207 E Adams Street Stockton, CA.
What is the asking price?
The asking price for this property is $389,999.
What are key features of this property?
This property features: Two one‑bedroom, 1 bath units, both currently occupied; Newer roof and dual pane windows; One unit with hardwood flooring, tile, and extensive cabinet space
More about this property
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