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Duplex with Attached Garages
New
For Sale
$499,000

2525 Plantation Place, Stockton, CA 95209

Two matching residences offer separate living areas, indoor laundry hookups, and private backyard patios.

Property Size2,341 SF
Price / SF$213.16
Days on Market5

Property Features for 2525 Plantation Place

General Information

Standard status Active
Size 2,341 SF
Total Parking Spaces 4
Property subtype Residential Income
Zoning R1

Property Condition

Severity Repairs Needed
Evidence Paint, carpet and other updating would go a long way toward refreshing the interiors

Site & Location

Neighborhood Eight Mile/Bear Creek
Highway Access Yes

Units

Unit Mix 2 x 3BR/2BA
Multifamily Units 2
Parking per Unit 2

Amenities

fireplace
indoor washer and dryer hookups
private backyard patio
Fenced Yard

Building Details

Building Size 2,341 SF
Year Built 1980
Buildings 1
Stories 1
Units 2
Listing Agency: RE/MAX Gold
Listed By: Kathleen A Piazzisi · License #01725230
Source: Busybee
Added: Oct 19 Changed: Oct 22 Last Checked: Oct 22 at 2:21PM

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 RE/MAX Gold

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Investment Insights

Based on property information with market context.

Built in 1980, this 2,341-square-foot duplex contains two mirrored residences, each with 3 bedrooms, 2 bathrooms, a dining area, fireplace, indoor washer and dryer hookups, and a private backyard patio. Each side also has an attached 2-car garage. The interiors would benefit from updates, including paint and carpet work.

The owner occupies one unit, while the other has a month-to-month tenant who pays utilities for that unit. The property is in the Lodi Unified School District and within walking distance of an elementary school. I-5 access, shopping, restaurants, and everyday services are nearby.

Key Highlights

  • Two mirrored units, each with 3 bedrooms and 2 bathrooms
  • 2,341 square feet; built in 1980
  • Attached 2‑car garage for each unit

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$34,851
Cap Rate
6.98%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$697,020 $697.0K
Cap Rate 7%
$497,871 $497.9K
Cap Rate 9%
$387,233 $387.2K
Market Conditions
NOI Build-Up for 2,341 SF
Gross rent
$52.0K $22.20/SF
− Vacancy
−$2.2K −$0.93/SF
EGI
$49.8K $21.27/SF
− OpEx
−$14.9K −$6.38/SF
NOI
$34.9K $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%
$697,020
Cap Rate 7%
$497,871
Cap Rate 9%
$387,233

Alternative Uses

Best Use
Multifamily LT 5
$497.9K
$435.6K – $580.9K (±1% cap)
NOI $34,851 @ 7.0% cap · market cap 6.98%
Second Best
Apartment 5plus
$445.9K
$390.2K – $520.2K (±1% cap)
NOI $31,213 @ 7.0% cap · market cap 6.26%
Theoretical Best
Office A
$505.7K
$442.5K – $589.9K (±1% cap)
NOI $35,396 @ 7.0% cap · market cap 7.09%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

195
Businesses Nearby

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
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

Frequently Asked Questions

What type of property is this?
Duplex - Two matching residences offer separate living areas, indoor laundry hookups, and private backyard patios.
Where is this duplex located?
The property is located at 2525 Plantation Place 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 mirrored units, each with 3 bedrooms and 2 bathrooms; 2,341 square feet; built in 1980; Attached 2‑car garage for each unit
More about this property
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