9561 Kelley Drive, Stockton, CA 95209, Stockton, 95209 - 7 bed, 0 bath
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Stockton, CA 95209
This Turnkey Triplex Investment is a Strong Value Opportunity, listed at $729,000—positioned below the $742,675 Fair Market Value by 2%. This valuation gap offers $13,675 in Instant Equity for a property boasting a Mint Condition Rating following a comprehensive 2023 remodel. Featuring modern shaker cabinetry, stone countertops, and private patios, the asset generates $6,073 in monthly income with tenants covering all utilities. While local middle schools show lower ratings, the high-quality finishes and individual garages ensure competitive rental demand. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-yield house-hack.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 9561 Kelley Drive Subject | $729,000* List Price | 7 | 0 | 2,945 | $252 | - |
A 8710 Kelley Dr Pending | $598,888 List Price | 0 | 0 | 2,277 | $263 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property was completely remodeled in 2023, featuring modern shaker-style cabinetry, stone countertops, recessed lighting, and updated flooring (both tile and LVP). With a renovation less than 5 years old and functional central HVAC systems, the units are in mint, move-in-ready condition.
The property underwent a comprehensive remodel in 2023, providing modern living spaces that reduce immediate maintenance needs and attract high-quality tenants.
With tenants responsible for water, gas, and electricity, the owner benefits from significantly lower utility overhead, enhancing the overall net operating income.
The inclusion of a 3-bedroom unit and individual garages for each tenant provides a competitive edge in the rental market, supporting stable occupancy and higher rent potential.
The property is served by schools with low ratings, specifically middle schools rated 1/10, which may limit the appeal for families and impact long-term appreciation.
Despite the 2023 interior remodel, the 1980 construction date suggests that major exterior and systemic components may soon require capital expenditure.
Discover an exceptional triplex investment opportunity at 9561 Kelly Dr, Stockton, CA. This expansive multi-family property was remodeled in 2023 by the previous owner and offers a highly functional layout ideal for generating strong rental income. The property consists of (2) 2-bedroom / 2-bath units and (1) 3-bedroom / 2-bath units, with stable occupancy and a total monthly rental income of $6,073. Tenants are responsible for water, gas, and electricity, helping to minimize owner expenses. Each unit is thoughtfully designed for comfort and convenience, featuring spacious living areas, central heating and cooling, and individual garage spaces. Situated in a prime Stockton rental corridor, the property offers easy access to local amenities, schools, and major transportation routes. Whether youre an investor seeking a high-yield asset or a homeowner looking for a property with income potential, this is a compelling and versatile opportunity.
No exterior & parking available.
Grades PK-6 • 0.8 mi
Grades PK-6 • 1.0 mi
Grades 7-8 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 7.0 | 5.0 | 80% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 2,945 | 2,592 | 80% |
| Lot Size | 9,800 | 7,802 | 80% |
| Price | $729.0K | $558.0K | 80% |
| Price per sq ft | $248 | $216 | 80% |
| Built year | 1980 | 1980 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 2 | 54 | 20% |
Apr 20, 2026
$729,000
Initial Listing
Jun 8, 2023
$702,500
Public Record
Jan 27, 2023
$420,000
Public Record
May 13, 2020
$300,000
Public Record
May 13, 2020
$345,000
Public Record
Jan 31, 2014
$136,500
Public Record