Property Details
About this Property
5 Units. x4 2BD/1BA. x1 1BD/1BA. Current Cap Rate ~7.6%. Pro Forma Cap Rate ~9.2%. 100% Occupancy. This investment property is just one block from Main Street in the heart of Downtown Lodi. The property consists of four spacious two-bedroom, one-bath units of approximately 1,100 square feet each with large, condo-style layouts, plus one one-bedroom, one-bath unit w/ coin operated laundry facilities on-site. Clean, well-maintained building with long-term tenants providing stable occupancy. Rents are currently below market, creating clear upside potential through future rent adjustments. Prime walkable location near Downtown Lodi's shops, restaurants, wine bars, nightlife, and entertainment. Rent roll and expense sheets available upon request or attached to MLS listing. Income and expense figures reflect the current owner's operation of the property.
MLS Listing Information
MLS #
ME226031072
MLS Source
MetroList Services, Inc.
Days on Site
4
Interior Features
Flooring
Carpet, Vinyl
Laundry
Coin Operated
Cooling
Ceiling Fan, Window/Wall Unit
Heating
Wall Furnace
Exterior Features
Foundation
Slab
Style
Contemporary
Parking, School, and Other Information
Garage/Parking
Covered Parking, Garage: 0 Car(s)
Elementary District
Lodi Unified
High School District
Lodi Unified
Sewer
Public Sewer
HOA Fee
$0
Zoning
Multi-Family
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 5 | 5 |
| Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
|---|---|---|---|---|---|---|
| 1 | 1,088 | 2 | 1/0 | $1,471 | – | – |
| 2 | 1,088 | 2 | 1/0 | $1,471 | – | – |
| 3 | 1,088 | 2 | 1/0 | $1,461 | – | – |
| 4 | 630 | 1 | 1/0 | $1,342 | – | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
220 E Elm St is a Residential Income in Lodi, CA 95240. This 4,982 square foot property sits on a 5,998 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $875,000 and was built in –. This address can also be written as 220 E Elm St, Lodi, CA 95240.
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This listing information is up-to-date as of March 19, 2026. For the most current information, please contact Cameron DeRuosi, (209) 499-9979
