Two-Unit Duplex with
For Sale
$585,000
245 Jason St, Manteca, CA 95336
One residence is occupied by a tenant, while the other is vacant with updated interior finishes.
Property Size1,900 SF
Price / SF$307.89
Days on Market9
Property Features for 245 Jason St
General Information
Standard status
Active
Size
1,900 SF
Total Parking Spaces
2
Property subtype
Residential Income
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Listing Agency:
Manzanita Ventures Inc.
8250825
Listed By:
Johnny R. Murillo Jr
4271115
Source:
Exprealty
Added: Oct 15
Changed: Oct 21
Last Checked: Oct 23 at 8:41AM
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 Manzanita Ventures Inc.
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Investment Insights
Based on property information with market context.
This duplex contains two residences, each configured with 2 bedrooms and 1 bathroom, plus a 1-car garage. The property totals 1,900 square feet and occupies a corner lot. One unit is tenant-occupied; the other is vacant and has fresh interior paint and new flooring.
The property is located at 245 Jason St in Manteca, California.
The property is located at 245 Jason St in Manteca, California.
Key Highlights
- Two units, each with 2 bedrooms and 1 bathroom
- Each residence includes a 1‑car garage
- 1,900‑square‑foot duplex on a corner lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,149
Cap Rate
4.30%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$502,980
$503.0K
Cap Rate 7%
$359,271
$359.3K
Cap Rate 9%
$279,433
$279.4K
Market Conditions
NOI Build-Up for 1,900 SF
Gross rent
$37.6K $19.80/SF
− Vacancy
−$1.7K −$0.89/SF
EGI
$35.9K $18.91/SF
− OpEx
−$10.8K −$5.67/SF
NOI
$25.1K $13.24/SF
Area
San Joaquin County, CA
Vacancy
4.50%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$502,980
Cap Rate 7%
$359,271
Cap Rate 9%
$279,433
Alternative Uses
Best Use
Multifamily LT 5
$359.3K
$314.4K – $419.2K
NOI $25,149 @ 7.0% cap · market cap 4.30%
Second Best
Apartment 5plus
$333.6K
$291.9K – $389.2K
NOI $23,354 @ 7.0% cap · market cap 3.99%
Theoretical Best
Office A
$417.2K
$365.1K – $486.8K
NOI $29,207 @ 7.0% cap · market cap 4.99%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
622
Businesses Nearby
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Business Placement
Demographics for 95336, CA
47,281
Population
16,889
Households
2.8
Avg Household Size
39
Median Age
16%
College-Educated
85%
High-School Grad
38.3 sq mi
ZIP Area
1,234
Density / Sq Mi
$86,411
Median Household Income
$45,653
Median Earnings
$1,774
Median Rent
$522,800
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - One residence is occupied by a tenant, while the other is vacant with updated interior finishes.
Where is this duplex located?
The property is located at 245 Jason St Manteca, CA.
What is the asking price?
The asking price for this property is $585,000.
What are key features of this property?
This property features: Two units, each with 2 bedrooms and 1 bathroom; Each residence includes a 1‑car garage; 1,900‑square‑foot duplex on a corner lot
