Two-Unit Duplex on One
736 S School Street Lodi, CA 95240
736 S School Street, Lodi, CA, 95240
$741,000
For Sale
$741,000
Two houses on one lot, each offering two bedrooms and two bathrooms, including a two-car garage on the front house.
Property Size1,988 SF
Price / SF$372.74
Days on Market20
Property Features for 736 S School Street
General Information
- Standard status
- Active
- Size
- 1,988 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1967
Listing agency
Lela Nelson Realty
(209) 403-8810
Listed by
Donald S. Nelson · License #00769045
(209) 403-8810
Source
Exitrealty
Added: Jul 3 Updated: Jul 22 at 10:03AM Checked: Jul 22 at 10:03AM
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 Lela Nelson Realty
Investment Insights
Based on property information with market context.
This property features two houses on one lot. Each home is configured with two bedrooms and two bathrooms, providing a consistent layout across both residences.
The front house includes a two-car garage. The property is described as being close to downtown Lodi, in a quiet, tree-lined neighborhood.
As a residential income property, this setup offers two separate units within the same lot under one ownership.
The front house includes a two-car garage. The property is described as being close to downtown Lodi, in a quiet, tree-lined neighborhood.
As a residential income property, this setup offers two separate units within the same lot under one ownership.
Key Highlights
- Two houses on one lot, both built in 1967
- Each house offers 2 bedrooms and 2 bathrooms
- Front house includes a 2‑car garage
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 | $39.4k | $19.80 |
| − Vacancy | −$1.8k | −$0.89 |
| EGI | $37.6k | $18.91 |
| − OpEx | −$11.3k | −$5.67 |
| NOI | $26.3k | $13.24 |
1,988 SF · lease $19.80/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$375.9K
$328.9K – $438.6K
NOI $26,314 @ 7.0% cap · market cap 3.55%
Second Best
Apartment 5plus
$349.1K
$305.5K – $407.3K
NOI $24,436 @ 7.0% cap · market cap 3.30%
Theoretical Best
Office A
$436.6K
$382.0K – $509.3K
NOI $30,560 @ 7.0% cap · market cap 4.12%
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 - Two houses on one lot, each offering two bedrooms and two bathrooms, including a two-car garage on the front house.
Where is this duplex located?
The property is located at 736 S School Street Lodi, CA.
What is the asking price?
The asking price for this property is $741,000.
What are key features of this property?
This property features: Two houses on one lot, both built in 1967; Each house offers 2 bedrooms and 2 bathrooms; Front house includes a 2‑car garage
