
Stockton, CA 95205
This triplex presents a High-Potential Investment Opportunity with a List Price of $609,999—positioned well below the $591,035 Fair Market Value by -3%. While the property requires capital expenditure due to its Condition Rating of 5, the 11,252 sqft lot and triplex configuration provide significant upside for forced appreciation through renovation. With one unit currently generating income, this asset is a strategic acquisition for Buy-and-Hold Investors or Contractors capable of executing a value-add repositioning strategy to capture market-rate rental growth.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1127-1143 N F St Subject 3 bd · 2 ba · 1,200 sqft · $493 | $590,000* List Price | 3 | 2 | 1,200 | $493 | - |
A 1702 Sunnyside Avenue Active 4 bd · 3 ba · 868 sqft · $495 · 0.6 mi | $429,900 List Price | 4 | 3 | 868 | $495 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1921, this 100+ year old triplex is marketed as an investor rehab project. While some units show budget-friendly cosmetic updates like laminate flooring and granite counters, the listing explicitly states two units need renovation. The requirement for cash or hard money financing and its status as a short sale strongly suggest significant deferred maintenance or system issues that prevent traditional financing.
This triplex configuration, featuring one 3-bedroom and two 2-bedroom units, provides a diversified income stream and high rental demand potential in the Stockton market.
With two vacant units ready for renovation, investors have a prime opportunity to modernize the property, force appreciation, and capture significant market-rate rental upside.
The expansive 11,252 sqft lot offers rare flexibility for a multi-family property of this vintage, providing ample space for tenant parking or potential future site enhancements.
The short sale status and requirement for cash or hard money financing significantly limit the buyer pool and increase the complexity of the acquisition process.
Built in 1921 and sold in 'as-is' condition, the property likely requires substantial capital expenditure to address deferred maintenance and modernize aging systems.
**INVESTOR OPPORTUNITY!** Bring your vision and unlock the potential of this three-unit property in Stockton. Featuring three separate residences, this property offers an excellent opportunity for an investor, contractor, or buyer looking for a value-add investment with multiple income-producing units. The property consists of one 3-bedroom, 2-bath unit and two 2-bedroom, 1-bath units. One unit is currently occupied, providing existing rental income, while the remaining two units offer an opportunity for renovation and repositioning. With three separate units and plenty of room for improvement, the possibilities are here for the right buyer. **Short sale. Cash or hard money financing preferred. Property sold AS-IS. Buyer to verify all property information, unit configurations, permits, condition, and potential use.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.6 |
| Baths | 2.0 | 2.5 |
| Square foot | 1,200 | 1,942.25 |
| Lot Size | 11,252 | 6,807.625 |
| Price | $590.0K | $437.6K |
| Price per sq ft | $492 | $230 |
| Built year | 1921 | 1962 |
| HOA | $0 | $112 |
| Days on market | 59 | 67 |
Oct 15, 2026
$590,000
$609,999
-3% Price Drop
Initial Listing
Sep 26, 2026
$609,999
$629,999
-3% Price Drop
Initial Listing
Sep 14, 2026
$629,999
$639,999
-2% Price Drop
Initial Listing
Sep 10, 2026
$639,999
$650,000
-2% Price Drop
Initial Listing
Aug 27, 2026
$650,000
Initial Listing