1923 Pawnee Way, Stockton, CA 95209, Stockton, 95209 - 5 bed, 0 bath
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Stockton, CA 95209
This Strategic Income Duplex is a Strong Value Opportunity, listed at $550,000—positioned well below the $594,984 Fair Market Value by 7%. This valuation gap provides $44,984 in Instant Equity. Featuring a Condition Rating of 3, the property includes a recently remodeled two-bedroom unit and a three-bedroom unit with significant rental upside. Residents enjoy a Park View of Oakwood Park and access to the Lodi Unified School District. This asset is perfectly suited for Owner-Occupants seeking a house-hack or Buy-and-Hold Investors targeting stable cash flow.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1923 Pawnee Way Subject | $550,000* List Price | 5 | 0 | 2,220 | $268 | - |
A 2504 Burlington Place Sold | $525,000 | 5 | 4 | 2,220 | $236 | 0.6 mi |
B 903 Sunnyoak Sold | $565,000 | 6 | 4 | 2,614 | $216 | 0.8 mi |
C 2517 Plantation Place Pending | $620,000 List Price | 6 | 3 | 2,000 | $310 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
This duplex features one unit that was extensively remodeled only a year ago with modern LVP flooring, updated cabinetry, quartz-style countertops, and contemporary bathroom fixtures. While the three-bedroom unit is noted as having original features and 'potential,' the overall property is well-maintained, move-in ready, and benefits from significant recent capital improvements in half of the building.
This duplex offers a flexible investment strategy, allowing an owner-occupant to 'house hack' by living in one unit while the other generates cash flow, or for an investor to manage two separate rental streams.
The two-bedroom unit features high-value updates completed just a year ago, including a remodeled kitchen, updated bathrooms, new flooring, and fresh paint, reducing immediate capital expenditure for the buyer.
The three-bedroom unit is occupied by a long-term tenant at a rate likely below current market value, providing a clear opportunity for the next owner to increase revenue and property value.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 10.
There is a disparity between the units; the three-bedroom side has not been updated to the same standard as the remodeled unit, necessitating future investment to maximize its market potential.
While the property benefits from being in the Lodi school district, the specific assigned middle school carries a low rating of 1/10, which may limit the pool of prospective long-term family tenants.
Incredible opportunity! Duplex with 3 bed 2 baths & 2 bed 2 baths for your next investment portfolio. Stay in one unit and rent out the other for cash flow. Located in Stockton with Lodi schools. Unit on 2 bedroom side is beautifully remodeled a year ago that includes kitchen remodel and 2 bathroom remodel. Fresh paint, floors and lighting updated. Currently leased out with 1 year lease. Unit on 3 bedroom is long time tenant with much potential for higher market rate. Roof
No exterior & parking available.
Grades PK-6 • 0.5 mi
Grades 7-8 • 0.5 mi
Grades 7-8 • 4.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 5.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 2,220 | 2,220 | 50% |
| Lot Size | 6,000 | 6,983 | 20% |
| Price | $550.0K | $550.0K | 50% |
| Price per sq ft | $248 | $216 | 80% |
| Built year | 1980 | 1980 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 20 | 54 | 20% |
Apr 2, 2026
$550,000
Initial Listing
Apr 7, 2025
$440,000
Public Record
Sep 12, 2014
$175,000
Public Record
Jan 24, 2013
$130,500
Public Record
Oct 31, 2012
$97,000
Public Record
Sep 21, 2012
$97,000
Public Record