
Stockton, CA 95209
Well-positioned triplex investment with all three units currently occupied and generating rental income. Recently renovated, the property is in good condition and offers investors an opportunity to acquire an established multifamily asset without the immediate vacancy or significant renovation issues often associated with value-add properties. Three income-producing units provide a diversified rent stream, while continued ownership may offer opportunities for future rental growth and appreciation. A solid addition for an investor seeking an occupied multifamily property with straightforward income potential.
Property is move-in ready.
Although built in 1980, the property has undergone recent renovations as evidenced by the updated shaker-style cabinetry, stainless steel appliances, and modern bathroom fixtures. The units appear move-in ready and well-maintained for a rental asset, though some minor finishing work like exposed ceiling electrical needs addressing.
The property is fully occupied with three income-producing units, offering investors a diversified and stable rent stream from the moment of acquisition.
Having undergone recent renovations, the triplex is in good condition, minimizing the need for immediate capital expenditures or vacancy periods for repairs.
Situated on a generous 10,411 square foot lot, the property provides ample space and potential for future site improvements or enhanced curb appeal.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 800, other record living area = 2945.
The assigned elementary and middle schools have low ratings (ranging from 1 to 3), which could impact the property's attractiveness to long-term family tenants.
With a list price of $704,888 following a $650,000 sale in 2023, the property has seen rapid price growth, which may limit immediate upside for the next owner.
No exterior & parking available.
Grades PK-6 • 0.7 mi
Grades PK-6 • 1.0 mi
Grades 7-8 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 7.0 | 4.6 |
| Baths | 6.0 | 2.5 |
| Square foot | 800 | 1,942.25 |
| Lot Size | 10,411 | 6,807.625 |
| Price | $704.9K | $437.6K |
| Price per sq ft | $881 | $230 |
| Built year | 1980 | 1962 |
| HOA | $0 | $112 |
| Days on market | 43 | 67 |
Sep 11, 2026
$704,888
Initial Listing
Aug 29, 2023
$650,000
Public Record
Mar 22, 2022
$600,000
Public Record
Jul 23, 2014
$187,000
Public Record
Jul 20, 2009
$115,000
Public Record
Jun 11, 2003
$245,000
Public Record
Dec 31, 1997
$57,000
Public Record