8829 8829 Kelley, Stockton, CA 95209, Stockton, 95209 - 0 bed, 0 bath
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Stockton, CA 95209
This Income-Generating Triplex represents a Prime Investment Opportunity with a List Price of $559,900—positioned well below the $793,120 Fair Market Value by 29%. This significant valuation gap provides $233,220 in Instant Equity. Featuring three identical 2-bedroom units on a 9,320 sq. ft. lot, the property offers stable cash flow potential near the Hammer Lane commercial corridor. While maintaining a Condition Rating of 4, the aging infrastructure presents a clear value-add path through strategic updates. This asset is perfectly suited for Buy-and-Hold Investors or Portfolio Managers seeking high-yield Stockton real estate.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8829 8829 Kelley Subject | $558,000 | 0 | 0 | 2,592 | $306 | - |
A 9556 Kelley Drive Sold | $566,000 | 0 | 0 | 2,945 | $192 | 0.4 mi |
B 2705 Plantation Pl Sold | $520,000 | 0 | 0 | 0 | 0.8 mi | |
C 9214-9216 Darby Court Active | $550,000 List Price | 5 | 0 | 2,350 | $234 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1977, this triplex is an aged but functional income-generating property. While the description highlights its solid construction and rental appeal, the property analysis notes aging infrastructure that may require near-term capital expenditures. There is no mention of recent extensive renovations, suggesting the units likely feature older finishes and systems consistent with a well-maintained but dated 40+ year old building.
The triplex configuration with three identical 2-bedroom, 1-bath units offers a consistent and scalable rental income stream for investors looking for stable cash flow.
Situated near the Hammer Lane commercial corridor with immediate access to Freeways 99 and I-5, the property is ideally positioned to attract tenants seeking convenience and connectivity.
The expansive 9,320 sq. ft. lot provides significant outdoor space and potential for enhanced tenant amenities or ample parking, which is a premium for multi-family dwellings.
The assigned middle schools carry a rating of 1/10, which may deter long-term family tenants who prioritize high-quality educational opportunities.
Built in 1977, the property may require near-term capital expenditures for system updates or structural maintenance to remain competitive in the Stockton rental market.
Excellent Investment Opportunity – Income-Generating Triplex Unlock passive income with this well-positioned triplex featuring three units, each offering 2 bedrooms, 1 full bath, and approximately 884 sq. ft. of comfortable living space. Set on a generous 9,320 sq. ft. lot, the property combines solid construction with strong rental appeal. Its prime location near Hammer Lane’s commercial corridor, public transportation, and direct access to Freeways 99 and I-5 places it in one of Stockton’s most desirable zones for tenants seeking connectivity and convenience.
No exterior & parking available.
Grades PK-6 • 0.5 mi
Grades 7-8 • 1.1 mi
Grades 7-8 • 5.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 2,592 | 2,592 | 50% |
| Lot Size | 9,320 | 7,802 | 60% |
| Price | $558.0K | $558.0K | 50% |
| Price per sq ft | $215 | $215 | 50% |
| Built year | 1977 | 1977 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 47 | 54 | 40% |
Mar 6, 2026
$559,900
Initial Listing
Feb 25, 2021
$410,000
Public Record
Jan 24, 2019
$331,000
Public Record
Jan 30, 2013
$159,000
Public Record
Jan 7, 2011
$140,000
Public Record
Dec 10, 2004
$401,000
Public Record
Nov 26, 2002
$285,000
Public Record