Home | San Joaquin County | Lodi | 95240 | 220 E Elm St
220 E Elm St, Lodi, CA 95240
MLS: ME226031072 | Status: | Price: $875,000
Beds/Baths: – / –
Property Type: Residential Income
Quick Facts
| Beds |
Baths |
Sq Ft |
Sq Ft Lot |
Yr Built |
| – |
– |
4,982 |
5,998 |
– |
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.
| Field |
Value |
| MLS # |
ME226031072 |
| MLS Source |
MetroList Services, Inc. |
Features
Interior Features
| Feature |
Details |
| Flooring |
Carpet, Vinyl |
| Laundry |
Coin Operated |
| Cooling |
Ceiling Fan, Window/Wall Unit |
| Heating |
Wall Furnace |
Exterior Features
| Feature |
Details |
| Foundation |
Slab |
| Style |
Contemporary |
| Feature |
Details |
| 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 |
Cameron DeRuosi
Michael A. De Ruosi III
License #: 02165484
Phone: (209) 499-9979
Property Units
| # Buildings |
# Leased Units |
# Total Units |
| 1 |
5 |
5 |
Unit Details
| 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 |
– |
– |
School Ratings
School data provided by GreatSchools.org
Nearby Schools
Nearby Homes
Disclosures
©2026 MetroList Services, Inc. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from MetroList Services, Inc.
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This listing information is up-to-date as of March 23, 2026. For the most current information, please contact Cameron DeRuosi, (209) 499-9979.