
Stockton, CA 95215
This Multi-Unit Income Property represents a High-Potential Investment Opportunity, listed at $424,999—positioned well above the $358,259 Fair Market Value by 18%. While the property carries a Condition Rating of 2, the front unit features recent interior renovations including new flooring and cabinetry. With three total units, this asset offers significant rental income potential near Franklin High School. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants looking to offset mortgage costs through strategic multi-family management.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 511 S Gertrude Avenue Subject | $424,999* List Price | 1 | 1 | 600 | $597 | - |
A 5005 E Washington Street Sold | $343,000 | 2 | 1 | 672 | $510 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The front unit of this property has undergone an extensive recent renovation, featuring brand-new laminate flooring, fresh interior paint, and modern recessed lighting throughout. The kitchen is updated with new shaker-style cabinetry and countertops, while the bathroom features a new vanity and a modern tiled tub surround with contemporary black fixtures. The addition of a new mini-split cooling/heating system and updated ceiling fans further confirms its status as a fully renovated space meeting current quality standards.
The property features three separate units, providing a versatile investment opportunity for generating significant rental income or offsetting a mortgage for an owner-occupant.
The front house has been fully remodeled with new flooring, kitchen cabinets, and interior paint, offering a turnkey solution that reduces immediate capital expenditure.
Conveniently located within walking distance of Franklin High School and near major freeway access, making it highly attractive to both commuters and local families.
Originally built in 1948, the property may have underlying structural or utility systems that require ongoing maintenance or modernization beyond the recent cosmetic updates.
Accommodating three units on a 3,920 square foot lot results in limited private outdoor space and may lead to a sense of overcrowding for residents.
QUALIFIES FOR $10K GRANTS DONT HAVE TO BE FIRST TIME BUYERS! INVESTORS OPPORTUNITY!!!! Income-producing property featuring three total units one bedroom in fully remodeled front house, NEW FLOORING, NEW KITCHEN CABINETS, NEW INTERIOR PAINT and two rear units in back one is 2 bed 1 bath and 3rd is 1 bed 1 bath. Ideal for investors or owner-occupants looking to offset their mortgage with rental income. Strong rental appeal with its proximitywalking distance to Franklin High School and close to freeway access for commuters. Excellent opportunity in a desirable location.
No exterior & parking available.
Grades K-8 • 0.5 mi
Grades K-8 • 0.8 mi
Grades K-8 • 1.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 600 | 1,597.396 |
| Lot Size | 3,920 | 6,405.68 |
| Price | $425.0K | $451.4K |
| Price per sq ft | $708 | $281 |
| Built year | 1948 | 1978 |
| HOA | $0 | $270 |
| Days on market | 151 | 56 |
Aug 24, 2026
$424,999
$439,999
-3% Price Drop
Initial Listing
Jul 10, 2026
$439,999
$449,999
-2% Price Drop
Initial Listing
Apr 11, 2026
$449,999
Initial Listing
Jan 20, 2010
$170,000
Public Record
Feb 17, 1994
$52,000
Public Record