Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Stockton Duplex: Investor Opportunity Title is generated by Realmo AI

    2150 Michael Avenue, Stockton, CA 95206

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Duplex in established neighborhood, ideal for investors seeking immediate income.

    Type:Multifamily
    Added:
    Aug 1, 2025
    Days on Market:
    286
    Last Refresh:
    Mar 18 at 7:41 am

    Property Features for 2150 Michael Avenue

    General Information

    Standard status
    Active
    Property subtype
    Multifamily

    We can help!

    Listing Contact
    Efrain Chacon
    Efrain Chacon

    Listing agent Efrain Chacon License #02009812

    Listing office eXp Realty of California

    Listing date Aug 1, 2025

    Source Crexi

    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 eXp Realty of California

    HighLights

    • Strong cash flow and long‑term upside potential.
    • Two separate units with private entrances, kitchens, and living spaces.
    • Separate gas, water, and electric meters for each unit.
    • Bottom unit: 3 bedrooms, 1 bathroom, dining room, laminate flooring, private back yard and garage.
    • Top unit: 2 bedrooms, 1 bathroom, AC, and a large back yard.
    • Located near schools, shopping, and major transportation routes.

    Overview

    Located in Stockton, CA, the property at 2150 Michael Ave presents an investor opportunity with a duplex that offers cash flow and long-term upside in an established residential neighborhood. The property features two separate units under one roof, suitable for investors seeking a turnkey asset with immediate income. Each unit has its own private entrance, kitchen, and living space, making the property suited for flexible rental strategies or multi-generational housing. Each unit has its own gas, water, and electric meter. The bottom unit features 3 bedrooms, 1 bathroom, dining room, laminate flooring, a private back yard, and a garage. The top unit has 2 bedrooms, 1 bathroom, AC, and a large back yard. The property includes a private yard for each unit and parking. The duplex benefits from consistent rental demand and local market growth, situated near schools, shopping, and major transportation routes. The low operating expenses and stable tenant base enhance its appeal as a hassle-free addition to any portfolio.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Restaurant Spa & Massage Center Hair Salon Nail Salon Building Supply Auto Repair Shop Pharmacy Big Box & Wholesale Store Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Stockton
    County
    San Joaquin
    State
    California
    Longitude
    -121.24887
    Latitude
    37.925797

    Nearby Similar for Sale

    • $729,000
      2,945 SF

      Stockton Triplex Investment Opportunity

      Remodeled triplex in Stockton with strong rental income potential.
      9561 Kelley DR, STOCKTON, CA 95209
      View Details
    • $639,000
      2,100 SF

      Newer Stockton Duplex Investment Opportunity

      2022 duplex with income potential in Stockton, California.
      4830 Kentfield RD, STOCKTON, CA 95207
      View Details
    • $698,000
      1,070 SF

      STOCKTON Triplex Investment Opportunity

      Triplex with detached home, studio, and excellent tenants in Stockton.
      1217 E Harding WAY, STOCKTON, CA 95205
      View Details
    • $575,000
      2,000 SF

      Stockton Duplex with Income Potential

      Two residences on one lot, ideal for investors or homeowners.
      3227 Bonnie Lane, Stockton, CA 95204
      View Details
    • $825,000
      3,995 SF

      Freestanding Dental Office Building

      Turnkey dental office with income potential in Central Stockton.
      1616 North Harrison Street, Stockton, CA, 95204
      View Details
    • $689,000
      2,136 SF

      Stockton Duplex in Quail Lakes

      Charming duplex in central Quail Lakes community, great investment opportunity.
      1728- 1730 Silver Creek Circle, Stockton, CA 95207
      View Details
    • $454,900
      1,390 SF

      Stockton Duplex: Investor Opportunity

      Duplex in Stockton, CA with strong cash flow potential.
      2150 Michael Avenue, Stockton, CA 95206
      View Details
    • $699,000

      Established Food Processing Facility

      Food processing facility near downtown Stockton and Highway 4.
      308 308 E Hazelton Ave, Stockton, CA 95203
      View Details
    • $735,000
      3,960 SF

      Retail Building on Thornton Road

      Retail building with high visibility on a major thoroughfare.
      8807 Thornton Rd, Stockton, CA 95209
      View Details
    • $2,475,000
      17,692 SF

      Multi-Tenant Retail Building For Sale

      Freestanding 17,692 SF retail building on 60,000 SF lot.
      2517 E Fremont St, Stockton, CA 95205
      View Details
    • $6,590,000
      55,300 SF

      Stockton Industrial Truck Repair Facility

      12.63-acre industrial facility with warehouses, offices, and truck parking.
      1624 E Alpine Ave #A,, Stockton, CA 95205
      View Details
    • $28,180,000
      6,514 SF

      Class A Office Complex

      State-of-the-art office complex with modern amenities for rent.
      10100 Trinity Pkwy, Stockton, CA
      View Details

    FAQs

    What type of property is this?
    Duplex - Duplex in established neighborhood, ideal for investors seeking immediate income.
    Where is this duplex located?
    The property is located at 2150 Michael Avenue Stockton, CA.
    What is the asking price?
    The asking price for this property is $474,900.
    What are key features of this property?
    This property features: Strong cash flow and long‑term upside potential.; Two separate units with private entrances, kitchens, and living spaces.; Separate gas, water, and electric meters for each unit.
    (818) 741-6604 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Efrain Chacon
    Efrain Chacon
    Real Estate License ID: 02009812
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    2150 Michael Avenue, Stockton, CA 95206
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!