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Triplex with Updated Electric Heaters
For Sale
$609,000
Pending

9010 Stacey Court, Stockton, CA 95209

Three-unit triplex offers one 3-bedroom and two 2-bedroom units, all with updated electric water heaters.

Property Size3,152 SF
Days on Market95

Property Features for 9010 Stacey Court

General Information

Standard status Pending
Size 3,152 SF
Total Parking Spaces 3
Property subtype Residential Income
Zoning RM
Lease Term Month To Month

Additional Details

Multifamily Units 3

Taxes and HOA fees

Annual Taxes $2,185

Amenities

Wall/Window Unit(s)
Forced Air
Off Street, On Street, Detached

Building Details

Building Size 3,152 SF
Year Built 1978
Buildings 1
Stories 2
Listing Agency: Hillview International Inc
Listed By: Wilson Lau · License #02217494
Source: Evrealestate
Added: Jul 9 Changed: Oct 1 Last Checked: Oct 11 at 6:21AM

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 Hillview International Inc

Investment Insights

Based on property information with market context.

This triplex features a well-defined unit mix: one roomy 3-bedroom, 1.5-bath unit paired with two 2-bedroom, 1-bath units. All units have electric water heaters that were updated in recent years. A professional property manager is already in place, supporting day-to-day oversight for ownership.

Located at 9010 Stacey Ct in Stockton, CA 95209, the property is characterized by a car-dependent setting, with minimal transit and moderate bike accessibility based on provided BikeScore, WalkScore, and transitScore figures.

For a buy-and-hold or owner-occupant strategy, the existing configuration provides flexibility across three units while maintaining consistent water-heater upgrades throughout the building.

Key Highlights

  • North Stockton triplex built in 1978
  • Unit mix includes one 3 bed, 1.5 bath unit and two 2 bed, 1 bath units
  • All units feature updated electric water heaters (updated in recent years)

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$46,925
Cap Rate
7.71%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$938,500 $938.5K
Cap Rate 7%
$670,357 $670.4K
Cap Rate 9%
$521,389 $521.4K
Market Conditions
NOI Build-Up for 3,152 SF
Gross rent
$70.0K $22.20/SF
− Vacancy
−$2.9K −$0.93/SF
EGI
$67.0K $21.27/SF
− OpEx
−$20.1K −$6.38/SF
NOI
$46.9K $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 Rate 5%
$938,500
Cap Rate 7%
$670,357
Cap Rate 9%
$521,389

Alternative Uses

Best Use
Multifamily LT 5
$670.4K
$586.6K – $782.1K (±1% cap)
NOI $46,925 @ 7.0% cap · market cap 7.71%
Second Best
Apartment 5plus
$600.4K
$525.3K – $700.5K (±1% cap)
NOI $42,027 @ 7.0% cap · market cap 6.90%
Theoretical Best
Office A
$680.8K
$595.7K – $794.3K (±1% cap)
NOI $47,658 @ 7.0% cap · market cap 7.83%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office HVAC Service Kitchen & Bath Showroom Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

399
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - Three-unit triplex offers one 3-bedroom and two 2-bedroom units, all with updated electric water heaters.
Where is this triplex located?
The property is located at 9010 Stacey Court Stockton, CA.
What is the asking price?
The asking price for this property is $609,000.
What are key features of this property?
This property features: North Stockton triplex built in 1978; Unit mix includes one 3 bed, 1.5 bath unit and two 2 bed, 1 bath units; All units feature updated electric water heaters (updated in recent years)
More about this property
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