Updated Duplex with Fenced
For Sale
$409,000
Pending
7139 Center St, Winton, CA 95388
Duplex with remodeled kitchens, refreshed bathrooms, custom cabinetry, and outdoor gathering features.
Property Size1,664 SF
Days on Market343
Property Features for 7139 Center St
General Information
Standard status
Pending
Size
1,664 SF
Property subtype
Multi-Family
Additional Details
Multifamily Units
2
Building Details
Year Built
1980
Listing Agency:
Realty Executives of Northern California
(209) 617-9184
Listed By:
Martin Villanueva · License #01724831
Source:
Thecentralvalleyhomesearch
Added: Sep 21, 2025
Changed: Aug 28
Last Checked: Aug 29 at 10:34AM
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 Realty Executives of Northern California
Investment Insights
Based on property information with market context.
This duplex contains 1,664 square feet and was built in 1980. Unit 7141 features designer vinyl flooring, a large custom island with quartz countertops, modern lighting, a patterned tile kitchen wall, glass canopy range hood, electric cooktop, and updated cabinetry. The bathrooms include new vanities and custom shelving, while the laundry room adds custom cabinetry. An additional bedroom includes recessed lighting, a closet, and airflow features. Unit 7139 offers a remodeled kitchen with granite countertops and custom cabinetry, along with partially remodeled bathrooms.
Outdoor improvements include landscaped frontage, a private iron fence, and a backyard with a high custom fence, exterior sink, and hanging ceiling fans. The property is located at 7139 Center St in Winton, California 95388.
Outdoor improvements include landscaped frontage, a private iron fence, and a backyard with a high custom fence, exterior sink, and hanging ceiling fans. The property is located at 7139 Center St in Winton, California 95388.
Key Highlights
- Duplex totaling 1,664 square feet; built in 1980
- Unit 7141 includes quartz countertops, custom island, designer flooring, and updated kitchen finishes
- Unit 7139 has a remodeled kitchen with granite countertops and custom cabinetry
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
$21,795
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
5.33%
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%
$435,900
$435.9K
Cap Rate 7%
$311,357
$311.4K
Cap Rate 9%
$242,167
$242.2K
Market Conditions
NOI Build-Up for 1,664 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
$32.9K $19.80/SF
− Vacancy
−$1.8K −$1.09/SF
EGI
$31.1K $18.71/SF
− OpEx
−$9.3K −$5.61/SF
NOI
$21.8K $13.10/SF
Area
Merced County, CA
Vacancy
5.50%
Lease Rate
$19.80 /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%
$435,900
Cap Rate 7%
$311,357
Cap Rate 9%
$242,167
Alternative Uses
Best Use
Multifamily LT 5
$311.4K
$272.4K – $363.3K
NOI $21,795 @ 7.0% cap · market cap 5.33%
Second Best
Apartment 5plus
$289.2K
$253.0K – $337.4K
NOI $20,241 @ 7.0% cap · market cap 4.95%
Theoretical Best
Healthcare Medical
$367.1K
$321.2K – $428.3K
NOI $25,699 @ 7.0% cap · market cap 6.28%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
212
Businesses Nearby
Explore this area
Business Placement
Demographics for 95388, CA
13,878
Population
3,957
Households
3.5
Avg Household Size
30
Median Age
7%
College-Educated
63%
High-School Grad
37.7 sq mi
ZIP Area
368
Density / Sq Mi
$60,762
Median Household Income
$35,741
Median Earnings
$1,108
Median Rent
$307,900
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 - Duplex with remodeled kitchens, refreshed bathrooms, custom cabinetry, and outdoor gathering features.
Where is this duplex located?
The property is located at 7139 Center St Winton, CA.
What is the asking price?
The asking price for this property is $409,000.
What are key features of this property?
This property features: Duplex totaling 1,664 square feet; built in 1980; Unit 7141 includes quartz countertops, custom island, designer flooring, and updated kitchen finishes; Unit 7139 has a remodeled kitchen with granite countertops and custom cabinetry
