1146 N Monroe St - Apartments FOR SALE


Stockton, CA 95203- Downtown Stockton
$468,888 USD
916-730-3846
1146 N Monroe St, Stockton, CA for Sale
$468,888 USD
Apartments - FOR SALE
1/24
null | 5.94% Cap Rate

1146 N Monroe St
Stockton, CA 95203
Downtown Stockton


HIGHLIGHTS

  • Good location
  • Separate Yards
  • 1 Car Garage for each unit

OVERVIEW

Excellent opportunity to own a well-located duplex that should cash flow from day one ideal for investors. Fully occupied generating immediate income. Each unit is a 2-bedroom, 1 bath and they are each rented for $1,650 per month with a gross scheduled income of $39,600 and a GRM of 11.84! The layout provides privacy between units and a strong long-term rental appeal. Located in a central Stockton neighborhood, the property is close to schools, parks, shopping, dining, Miracle Mile, University of the Pacific, and public transportation, with convenient access to Highway 99, I-5, and major commuter routes. This location continues to attract consistent tenant demand due to its accessibility and affordability relative to surrounding markets. Whether you're looking to live in one unit and rent the other or add a solid cash-flowing asset to your portfolio, this duplex offers a rare blend of income, flexibility, and upside potential. Don't miss this opportunity to secure a multi-unit property in a high-demand rental market. Listing courtesy of Eddie Alahwal, DRE Lic #01432782. Comax Realty, Inc.

FOR SALE DETAILS

PRICE

$468,888 USD

PRICE/SF

$282 USD /SF

# OF UNITS

2

PRICE/UNIT

$234,444

CAP RATE

5.94%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Potential Cash Cow Duplex in Stockton!

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1947

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,792 SF

ZONING

R

APN/PARCEL ID

137-110-27

ASK ABOUT THIS PROPERTY

Ron BenningRon BenningMore Info
916-730-3846

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Ron BenningRon BenningMore Info
916-730-3846

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.