220 E Elm Street, Lodi, CA 95240

Lodi
Local realty services provided by:Legacy Real Estate & Associates ERA Powered
220 E Elm Street,Lodi, CA 95240
$875,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Sold
Listed by: cameron deruosi
Office: michael a. de ruosi iii
MLS#:226031072
Source:MFMLS

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Price summary

  • Price:$875,000

About this home

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.

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Home facts

  • Year built:1969
  • Listing ID #:226031072
  • Added:172 day(s) ago
  • Updated:September 04, 2026 at 10:35 AM

Rooms and interior

  • Flooring:Carpet, Vinyl

Heating and cooling

  • Cooling:Ceiling Fan(s), Wall Unit(s), Window Unit(s)
  • Heating:Wall Furnace

Structure and exterior

  • Year built:1969
  • Lot Features:Corner
  • Construction Materials:Brick, Stucco, Wood
  • Foundation Description:Concrete
  • Levels:2 Story

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$875,000

Parking

  • Total parking spaces:6
MLS LogoMetroList MLS 2026. This information is being provided by MetroList MLS. All measurements and calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Data Updated: September 4, 2026. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Any offer of compensation is made only to Participants of MLS where the subject listing is filed and in accordance with such MLS's regulations or rules. MFMLS Member Broker: William Aboumrad

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