Three-Bedroom Duplex with
For Sale
$549,000
26112613 Plantation Place, Stockton, CA 95209
Two-unit residential income property with private outdoor space and a two-car garage.
Property Size2,341 SF
Price / SF$234.52
Days on Market17
Property Features for 26112613 Plantation Place
General Information
Standard status
Active
Size
2,341 SF
Property subtype
Multi Family
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$6,071
Building Details
Year Built
1980
Listing Agency:
Trusted Realty & Mortgage
(408) 256-1160
Listed By:
Trisha La · License #01364757
(408) 666-1326
Source:
Exitrealty
Added: Aug 25
Changed: Sep 9
Last Checked: Sep 9 at 4:19PM
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 Trusted Realty & Mortgage
Investment Insights
Based on property information with market context.
This duplex contains two separate residential units, each offering three bedrooms and two bathrooms. The property also includes a two-car garage and private backyard space, providing dedicated outdoor areas for the units. Built in 1980, the building offers a two-unit configuration suited to residential income use.
Key Highlights
- Two separate residential units
- Each unit includes 3 bedrooms and 2 bathrooms
- Two‑car garage
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$34,851
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.35%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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
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.
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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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
NOI $34,851 @ 7.0% cap · market cap 6.35%
Second Best
Apartment 5plus
$445.9K
$390.2K – $520.2K
NOI $31,213 @ 7.0% cap · market cap 5.69%
Theoretical Best
Office A
$505.7K
$442.5K – $589.9K
NOI $35,396 @ 7.0% cap · market cap 6.45%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
120
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two-unit residential income property with private outdoor space and a two-car garage.
Where is this duplex located?
The property is located at 26112613 Plantation Place Stockton, CA.
What is the asking price?
The asking price for this property is $549,000.
What are key features of this property?
This property features: Two separate residential units; Each unit includes 3 bedrooms and 2 bathrooms; Two‑car garage
