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2517 E Harding Way 6 Unit Apartment Building $800,000 ($133,333/Unit) 6.72% Cap Rate Stockton, CA 95205
Investment Highlights
- Three duplexes situated on one parcel, offering six 1-BD/1-BA units at approximately 400 SF each, all fully remodeled.
- Strong investment opportunity with a 6.72% cap rate, fully remodeled interiors, and attractive individual-unit amenities.
- Private outdoor space is provided for every unit, including a private driveway, fenced front yard, and private backyard.
Executive Summary
The Harding Way Apartments present a unique multifamily investment opportunity consisting of three duplexes on one parcel, totaling six well-appointed 1-bedroom/1-bathroom units. Offered at $800,000, or $133,333 per unit, the property provides investors with an attractive 6.72% cap rate and strong in-place income.
Each approximately ±400 square foot unit has been fully remodeled, providing a turnkey investment with modern interiors and minimal near-term renovation needs. Every unit also features recessed lighting throughout, a private driveway, fenced front yard, and private backyard, offering a level of privacy and outdoor space uncommon among smaller multifamily properties. Located along E. Harding Way in Stockton, the property combines individual-unit amenities with the operational efficiencies of a 6-unit multifamily asset.
Each approximately ±400 square foot unit has been fully remodeled, providing a turnkey investment with modern interiors and minimal near-term renovation needs. Every unit also features recessed lighting throughout, a private driveway, fenced front yard, and private backyard, offering a level of privacy and outdoor space uncommon among smaller multifamily properties. Located along E. Harding Way in Stockton, the property combines individual-unit amenities with the operational efficiencies of a 6-unit multifamily asset.
Property Facts
| Price | $800,000 | Apartment Style | Low-Rise |
| Price Per Unit | $133,333 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.24 AC |
| Cap Rate | 6.72% | Building Size | 10,600 SF |
| Gross Rent Multiplier | 8.69 | Average Occupancy | 100% |
| No. Units | 6 | No. Stories | 1 |
| Property Type | Multifamily | Year Built/Renovated | 1948/2026 |
| Property Subtype | Apartment | Parking Ratio | 0.57/1,000 SF |
| Zoning | RL, San Joaquin Co. | ||
| Price | $800,000 |
| Price Per Unit | $133,333 |
| Sale Type | Investment |
| Cap Rate | 6.72% |
| Gross Rent Multiplier | 8.69 |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.24 AC |
| Building Size | 10,600 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built/Renovated | 1948/2026 |
| Parking Ratio | 0.57/1,000 SF |
| Zoning | RL, San Joaquin Co. |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 6 | - | 400 |
1 1
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 143-040-29 | Improvements Assessment | $271,068 |
| Land Assessment | $105,972 | Total Assessment | $377,040 |
Property Taxes
Parcel Number
143-040-29
Land Assessment
$105,972
Improvements Assessment
$271,068
Total Assessment
$377,040
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