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Two-Unit Duplex with Separate Garages
New
For Sale
$440,000

9124 Kirkby Ln, Stockton, CA 95210

Each residence offers two bedrooms, two bathrooms, laundry hookups, and central heating and air conditioning.

Property Size1,900 SF
Price / SF$231.58
Days on Market5

Property Features for 9124 Kirkby Ln

General Information

Standard status Active
Size 1,900 SF
Total Parking Spaces 4
Property subtype Business Opportunity

Units

Unit Mix 2 x 2BR/2BA
Multifamily Units 2

Amenities

central air conditioning
forced-air heating
laundry hookups

Building Details

Year Built 1981
Listing Agency: eXp Realty of Northern California, Inc.
Listed By: Dan Hunnicutt · License #01368148
Source: Michaeldevlingroup
Added: Oct 7 Changed: Oct 11 Last Checked: Oct 7 at 2:12PM

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 eXp Realty of Northern California, Inc.

Investment Insights

Based on property information with market context.

This duplex contains 1,900 square feet across two units, each with two bedrooms and two bathrooms. Carpet and laminate flooring are present in both residences, along with gas-fired central forced-air heat and central air conditioning. Laundry hookups are provided, and each unit has its own two-car garage.

Built in 1981, the property is located in Stockton and falls within the Lodi Unified Elementary School District.

Key Highlights

  • Two units, each with 2 bedrooms and 2 bathrooms
  • 1,900 square feet of building area
  • Separate 2‑car garage for each unit

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$28,286
Cap Rate
6.43%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$565,720 $565.7K
Cap Rate 7%
$404,086 $404.1K
Cap Rate 9%
$314,289 $314.3K
Market Conditions
NOI Build-Up for 1,900 SF
Gross rent
$42.2K $22.20/SF
− Vacancy
−$1.8K −$0.93/SF
EGI
$40.4K $21.27/SF
− OpEx
−$12.1K −$6.38/SF
NOI
$28.3K $14.89/SF
Area
ZIP 95210
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%
$565,720
Cap Rate 7%
$404,086
Cap Rate 9%
$314,289

Alternative Uses

Best Use
Multifamily LT 5
$404.1K
$353.6K – $471.4K (±1% cap)
NOI $28,286 @ 7.0% cap · market cap 6.43%
Second Best
Apartment 5plus
$373.2K
$326.5K – $435.4K (±1% cap)
NOI $26,123 @ 7.0% cap · market cap 5.94%
Theoretical Best
Office A
$417.2K
$365.1K – $486.8K (±1% cap)
NOI $29,207 @ 7.0% cap · market cap 6.64%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Pharmacy Electrical Service Kitchen & Bath Showroom

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

2
Residential units

Location Intelligence

Trade Area within ½ mile

99
Businesses Nearby

Demographics for 95210, CA

41,378
Population
12,623
Households
3.3
Avg Household Size
33
Median Age
11%
College-Educated
74%
High-School Grad
7.6 sq mi
ZIP Area
5,444
Density / Sq Mi
$65,411
Median Household Income
$35,658
Median Earnings
$1,450
Median Rent
$336,900
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
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Each residence offers two bedrooms, two bathrooms, laundry hookups, and central heating and air conditioning.
Where is this duplex located?
The property is located at 9124 Kirkby Ln Stockton, CA.
What is the asking price?
The asking price for this property is $440,000.
What are key features of this property?
This property features: Two units, each with 2 bedrooms and 2 bathrooms; 1,900 square feet of building area; Separate 2‑car garage for each unit
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