
Stockton, CA 95202
This fourplex presents a High-Potential Investment Opportunity with a List Price of $450,000—positioned well below the $442,250 Fair Market Value (Note: Property is priced at a slight premium to market estimation). This Residential Income asset generates a robust gross annual income of $61,790, offering a strong 13.7% yield. While the property carries a Condition Rating of 5 due to deferred maintenance, the established tenant base provides an immediate revenue stream. This is a strategic acquisition for Buy-and-Hold Investors or Value-Add Developers seeking to optimize cash flow through targeted exterior and structural improvements.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 111 W Poplar Street Subject | $450,000* List Price | 7 | 4 | 2,896 | $153 | - |
A 727 N Sutter St Sold | $545,000 | 0 | 0 | 3,340 | $163 | 0.4 mi |
B 111 W Poplar Street Active | $474,250 List Price | 5 | 0 | 2,896 | $164 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Property was built in 1890 and exhibits significant deferred exterior maintenance, including heavily peeling paint on the porch columns, weathered wood trim, and aged roofing elements. Given the age and exterior condition, the structural elements and systems likely require substantial rehab, though it remains occupied.
With a gross annual income of approximately $61,790 against a $450,000 list price, the property offers a robust gross yield of nearly 13.7%, making it an exceptionally strong cash-flow opportunity for investors.
The configuration of three 2-bedroom units and one 1-bedroom unit provides versatility and appeals to a wider range of tenant profiles, which helps in maintaining high occupancy rates.
The property features established rental units with existing tenants, providing immediate income for the buyer from day one without the need for initial marketing or leasing efforts.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 7, other record bedroom count = 20.
Built in 1890, the property's historic age may lead to higher ongoing maintenance costs and the potential need for expensive upgrades to aging electrical, plumbing, or structural systems.
The relatively small lot size of 4,251 square feet for a fourplex suggests limited outdoor amenities and potentially constrained off-street parking for the seven total bedrooms across the units.
Investment opportunity at 111 W Poplar Street in Stockton! This fourplex features three 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit. The property is currently generating $5,149.17 in gross monthly rental income, totaling approximately $61,790 annually. An excellent opportunity for an investor looking to acquire an income-producing multifamily property with four established rental units. Please do not disturb the tenants.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 7.0 | 4.5 |
| Baths | 4.0 | 2.3 |
| Square foot | 2,896 | 1,952.667 |
| Lot Size | 4,251 | 7,118.5 |
| Price | $450.0K | $440.5K |
| Price per sq ft | $155 | $237 |
| Built year | 1890 | 1961 |
| HOA | $0 | $112 |
| Days on market | 5 | 73 |
Sep 4, 2026
$450,000
Initial Listing
Dec 11, 2017
$265,000
Public Record