Updated Halfplex Duplex
6823 Butler Court Stockton, CA 95219
6823 Butler Court, Stockton, CA, 95219
$286,000
Pending
For Sale
$286,000
Pending
Updated halfplex features granite countertops, stainless appliances, indoor laundry, and recent system upgrades including a newer roof.
Property Size901 SF
Days on Market71
Property Features for 6823 Butler Court
General Information
- Standard status
- Pending
- Size
- 901 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1972
Listing agency
KW Central Valley
(650) 440-0938
Listed by
Yaritza Pereda Felix · License #02193615
(650) 440-0938
Source
Exitrealty
Added: May 14 Updated: Jul 22 at 3:24AM Checked: Jul 23 at 6:22AM
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 KW Central Valley
Investment Insights
Based on property information with market context.
6823 Butler Court presents a beautifully updated halfplex with a refreshed interior and practical everyday finishes. The home includes fresh interior paint, updated flooring, modern light fixtures, granite countertops, and stainless steel appliances. A renovated bathroom vanity, indoor laundry area, and refreshed interior and exterior doors support a clean, move-in-ready feel.
The property is located in the Lincoln Village West community in Stockton, where residents can enjoy community amenities including a pool. A new low-maintenance landscape installation was completed on 06/06.
Major system updates add additional peace of mind. The roof was installed in August 2019, the water heater was installed in January 2023, and a brand-new AC unit is scheduled to be installed prior to the close of escrow.
The property is located in the Lincoln Village West community in Stockton, where residents can enjoy community amenities including a pool. A new low-maintenance landscape installation was completed on 06/06.
Major system updates add additional peace of mind. The roof was installed in August 2019, the water heater was installed in January 2023, and a brand-new AC unit is scheduled to be installed prior to the close of escrow.
Key Highlights
- Updated halfplex (1972) with granite countertops and stainless steel appliances
- Fresh interior paint, updated flooring, and modern light fixtures throughout
- Upgraded bathroom vanity, indoor laundry area, and refreshed interior and exterior doors
Local 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 | $19.5k | $21.60 |
| − Vacancy | −$1.4k | −$1.60 |
| EGI | $18.0k | $20.00 |
| − OpEx | −$5.4k | −$6.00 |
| NOI | $12.6k | $14.00 |
901 SF · lease $21.60/SF/yr · vacancy 7.41% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$180.2K
$157.7K – $210.2K
NOI $12,614 @ 7.0% cap · market cap 4.41%
Second Best
Apartment 5plus
$156.7K
$137.1K – $182.8K
NOI $10,966 @ 7.0% cap · market cap 3.83%
Theoretical Best
Office A
$243.7K
$213.2K – $284.3K
NOI $17,056 @ 7.0% cap · market cap 5.96%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Updated halfplex features granite countertops, stainless appliances, indoor laundry, and recent system upgrades including a newer roof.
Where is this duplex located?
The property is located at 6823 Butler Court Stockton, CA.
What is the asking price?
The asking price for this property is $286,000.
What are key features of this property?
This property features: Updated halfplex (1972) with granite countertops and stainless steel appliances; Fresh interior paint, updated flooring, and modern light fixtures throughout; Upgraded bathroom vanity, indoor laundry area, and refreshed interior and exterior doors
