Duplex With Indoor Laundry and
New
For Sale
$549,900
8711 Kelley Drive, Stockton, CA 95209
Two-unit duplex with indoor laundry, private garages, and independent backyards near Highway 5 access.
Property Size2,191 SF
Price / SF$250.98
Days on Market6
Property Features for 8711 Kelley Drive
General Information
Standard status
Active
Size
2,191 SF
Property subtype
Multi Family
Additional Details
Highway Access
Yes
Building Details
Year Built
1976
Tenancy
Multi
Listing Agency:
Infinite Real Estate
(408) 649-1886
Listed By:
Lizzeth Flores · License #02219947
(408) 649-1886
Source:
Exitrealty
Added: Jul 26
Changed: Jul 30
Last Checked: Jul 31 at 3:51AM
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 Infinite Real Estate
Investment Insights
Based on property information with market context.
This duplex at 8711 Kelley Drive offers two spacious units within a total of 2,191 SF. Each unit features three bedrooms and two bathrooms, along with indoor laundry. Additional unit amenities include a private garage and an independent backyard for outdoor space and day-to-day convenience.
One unit is currently tenant-occupied on a month-to-month agreement, while the second unit is vacant and ready for immediate occupancy or lease-up. The property is positioned for convenient commuting and everyday access via major roads and Highway 5.
Built in 1976, this well-cared-for duplex provides a practical layout for tenants and flexible options for an owner-occupant or investor.
One unit is currently tenant-occupied on a month-to-month agreement, while the second unit is vacant and ready for immediate occupancy or lease-up. The property is positioned for convenient commuting and everyday access via major roads and Highway 5.
Built in 1976, this well-cared-for duplex provides a practical layout for tenants and flexible options for an owner-occupant or investor.
Key Highlights
- Two‑unit duplex with 2,191 SF total
- Each unit has three bedrooms and two bathrooms
- Indoor laundry in both units
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 | $48.6k | $22.20 |
| − Vacancy | −$2.0k | −$0.93 |
| EGI | $46.6k | $21.27 |
| − OpEx | −$14.0k | −$6.38 |
| NOI | $32.6k | $14.89 |
2,191 SF · lease $22.20/SF/yr · vacancy 4.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$466.0K
$407.7K – $543.6K
NOI $32,618 @ 7.0% cap · market cap 5.93%
Second Best
Apartment 5plus
$417.3K
$365.2K – $486.9K
NOI $29,213 @ 7.0% cap · market cap 5.31%
Theoretical Best
Office A
$473.3K
$414.1K – $552.1K
NOI $33,128 @ 7.0% cap · market cap 6.02%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
167
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 duplex with indoor laundry, private garages, and independent backyards near Highway 5 access.
Where is this duplex located?
The property is located at 8711 Kelley Drive Stockton, CA.
What is the asking price?
The asking price for this property is $549,900.
What are key features of this property?
This property features: Two‑unit duplex with 2,191 SF total; Each unit has three bedrooms and two bathrooms; Indoor laundry in both units
