131 S Airport Way, Stockton, CA 95205, Stockton, 95205 - 8 bed, 4 bath
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Stockton, CA 95205
This High-Potential Investment Opportunity is a Residential Income Quadruplex listed at $739,000—positioned well above the $709,478 Fair Market Value. While priced slightly above market, the property offers a Condition Rating of 3, featuring a recently replaced roof and remodeled 2-bedroom units. With a current gross income of $4,850 and a potential of $6,550, the asset provides immediate cash flow upside. The turnkey status minimizes capital expenditure, making this a stable acquisition for Buy-and-Hold Investors or first-time rental owners seeking consistent demand.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 131 S Airport Way Subject | $739,000* List Price | 8 | 4 | 982 | $722 | - |
A 1217 E Harding Way Active | $698,000 List Price | 0 | 0 | 1,070 | $652 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1960, the property has undergone a recent remodel (within <5 years) featuring new LVP flooring, fresh paint, and updated kitchen cabinetry with stone countertops. The roof is recently replaced and units are in turnkey condition, though the presence of wall heaters and window AC units prevents an 'excellent' rating.
The property features four recently remodeled units and a brand-new roof, significantly reducing immediate capital expenditure and maintenance concerns for a new investor.
With a projected gross monthly income of $6,550 once fully leased, the property offers an attractive cap rate and immediate cash flow upside compared to current rental rates.
The all 2-bedroom, 1-bathroom configuration is highly desirable for the Stockton rental market, appealing to a wide range of tenants and ensuring consistent occupancy.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 8, other record bedroom count = 2.
The reported square footage is exceptionally low for a fourplex, suggesting very compact unit layouts which may limit the appeal to long-term tenants or larger households.
With a lot size of only 2,452 square feet, the property offers minimal outdoor space and likely lacks sufficient on-site parking, which can be a deterrent for tenants with vehicles.
Excellent investment opportunity at **131 Airport Way, Stockton**! This well-maintained fourplex features **four recently remodeled 2-bedroom, 1-bathroom units**, with **two units renting for $1,600/month, one unit renting for $1,650/month, and one vacant unit with market rent potential of $1,700/month**. Currently generating **$4,850 in gross monthly income** with the opportunity to increase to **$6,550/month** once fully leased. The property also features a **recently replaced roof** and is centrally located with convenient access to shopping, dining, schools, and major commuter routes. A turnkey investment with immediate upside.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 8.0 | 0.0 |
| Baths | 4.0 | 0.0 |
| Square foot | 982 | - |
| Lot Size | 2,452 | - |
| Price | $739.0K | $508.8K |
| Price per sq ft | $753 | $251 |
| Built year | 1960 | 0 |
| HOA | $0 | $0 |
| Days on market | 6 | 54 |
Jul 16, 2026
$739,000
Initial Listing
May 31, 2023
$625,000
Public Record
Sep 29, 1995
$100,000
Public Record