
Tracy, CA 95376
Analysis of 1940 Wall Street, Tracy, CA 95376 is currently available with a list price of $1,380,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Tracy Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is moderate renovation needed.
Built in 1986, this property is well-maintained but largely reflects its original construction era. While the kitchen has received minor cosmetic updates like painted cabinets and newer vinyl plank flooring, the appliances, fluorescent lighting, and overall aesthetic are dated. The exterior shows typical signs of age such as cracked concrete driveways, placing it firmly in the fair category as a functional but outdated investment property.
Offered for the first time by the original owner-builders, this property has been meticulously maintained, ensuring a higher standard of care than typical multi-family rentals.
As a quadruplex with eight bedrooms and four baths, this residential income property provides a turnkey opportunity for investors seeking consistent cash flow in the Tracy market.
The generous 14,044 square foot lot offers significant space for tenant privacy, ample parking, and potential future value-add opportunities or ADU expansion.
The property is served by schools with lower ratings (3/10 for elementary and middle), which may limit appeal for long-term family tenants and impact future appreciation.
Built in 1986, the property may require capital expenditures for modern cosmetic updates or system upgrades to compete with newer multi-family inventory.
First time on the market! This multi family ranch property located at 1940 Wall St in Tracy presents an excellent opportunity. It has been well-maintained by the original Owner/Builders, with pride of ownership evident. Its ranch style architecture presents a grounded profile, nestling in to the neighborhood. This multi family ranch property offers an inviting investor experience.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades 6-8 • 0.3 mi
Grades K-8 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 8.0 | 5.0 | 67% |
| Baths | 4.0 | 2.0 | 67% |
| Square foot | - | 557 | 33% |
| Lot Size | 14,044 | 6,930 | 67% |
| Price | $1.38M | $800.0K | 67% |
| Price per sq ft | $0 | $351 | 33% |
| Built year | 1986 | 1982 | 67% |
| HOA | $0 | $0 | 50% |
| Days on market | 25 | 154 | 33% |
Mar 28, 2026
$1,380,000
Initial Listing