Duplex with One Vacant
2225 E Myrtle ST Stockton, CA 95205
For Sale
$490,000
Duplex offering five bedrooms and two bathrooms, with one unit currently vacant and roof and HVAC systems about two years old.
Property Size1,568 SF
Price / SF$312.50
Days on Market29
Property Features for 2225 E Myrtle ST
General Information
- Standard status
- Active
- Size
- 1,568 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1962
Listing Agency:
eXp Realty of Northern CA, Inc
(888) 832-7179
Listed By:
Jayme Leftridge · License #02245840
(888) 832-7179
Source:
Exitrealty
Added: Jun 26
Changed: Jul 23
Last Checked: Jul 23 at 3:55PM
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 Northern CA, Inc
Investment Insights
Based on property information with market context.
This duplex includes a total of five bedrooms and two bathrooms across approximately 1,568 sq. ft. of living space, with one unit currently vacant. The interior features are described as updated, and the property has functional layouts designed for flexible occupancy.
The home is located at 2225 E Myrtle St in Stockton, with convenient access to local shopping, schools, downtown Stockton, and major commuter routes.
Roof and HVAC systems are reported to be about two years old, supporting ongoing functionality for either an owner-occupant strategy or an investor-led approach.
The home is located at 2225 E Myrtle St in Stockton, with convenient access to local shopping, schools, downtown Stockton, and major commuter routes.
Roof and HVAC systems are reported to be about two years old, supporting ongoing functionality for either an owner-occupant strategy or an investor-led approach.
Key Highlights
- Duplex built in 1962 with approximately 1,568 sq. ft. of living space
- 5 total bedrooms and 2 bathrooms across the two units
- One unit currently vacant, offering live‑in or rental‑income flexibility
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 | $34.8k | $22.20 |
| − Vacancy | −$1.7k | −$1.10 |
| EGI | $33.1k | $21.10 |
| − OpEx | −$9.9k | −$6.33 |
| NOI | $23.2k | $14.77 |
1,568 SF · lease $22.20/SF/yr · vacancy 4.94% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$330.9K
$289.5K – $386.1K
NOI $23,163 @ 7.0% cap · market cap 4.73%
Second Best
Apartment 5plus
$305.5K
$267.3K – $356.5K
NOI $21,387 @ 7.0% cap · market cap 4.36%
Theoretical Best
Office A
$416.1K
$364.1K – $485.5K
NOI $29,127 @ 7.0% cap · market cap 5.94%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Duplex offering five bedrooms and two bathrooms, with one unit currently vacant and roof and HVAC systems about two years old.
Where is this duplex located?
The property is located at 2225 E Myrtle ST Stockton, CA.
What is the asking price?
The asking price for this property is $490,000.
What are key features of this property?
This property features: Duplex built in 1962 with approximately 1,568 sq. ft. of living space; 5 total bedrooms and 2 bathrooms across the two units; One unit currently vacant, offering live‑in or rental‑income flexibility
