Remodeled Duplex in Ridgecrest,
For Sale
$319,000
Pending
217 S Richmond Rd, Ridgecrest, CA 93555
MULTI_FAMILY - Ridgecrest, CA
Property Size1,680 SF
Lot Size0.14 Acres
Days on Market66
Property Features for 217 S Richmond Rd
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
Duplex
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 1, Bathroom 2, Bedroom 4, Bedroom 3, Bedroom 2, Bathroom 1
Interior features
Ceiling Fans, Fireplace, Window Coverings, Flooring- Vinyl Plank
Fireplace
1
Appliances
Water Heater- Nat. Gas, Dishwasher, Garbage Disposal, Microwave, Oven/Range, W/D Hookups
Lot features
Landscape- Partial
Directions
Richmond Rd south
Subdivision
South East
Standard status
Pending
APN
343-042-63
Size
1,680 SF
Lot size
0.14 Acres
Utilities
Heating system
Natural Gas, Forced Air
Cooling system
Evaporative Cooling
Building Details
Year built
1981
Number of units
2
Roof type
Composition
Listing Agency:
Vaughn Realty
(760) 446-6561
Listed By:
Carole A. Vaughn · License #00742584
(760) 446-6561
Added: May 26
Changed: Jul 29
Last Checked: Jul 30 at 5:06PM
MLS# 2608501
Copyright © 2026 Southern Sierra MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This remodeled duplex in Ridgecrest, California, presents an excellent investment or owner-occupant opportunity. Each of the two spacious units includes 2 bedrooms and 1 bath. Both units feature fireplaces, built-in cabinetry, refrigerators, and washer/dryer hookups. One unit is furnished and currently operating as a successful Airbnb. The second unit is tenant-occupied, providing immediate income potential. The floorplan includes attached 2-car garages positioned between the units, creating added privacy for both residences. Additional features include auto roll-up garage doors and low-maintenance xeriscape landscaping. The property has attractive curb appeal. Situated on a 0.14-acre lot, the property offers 1,680 square feet of living space. This duplex is zoned for duplex use. It offers a great opportunity for long-term rental income, short-term rental potential, or multi-generational living.
Key Highlights
- Remodeled duplex with two 2‑bedroom, 1‑bath units, each featuring a fireplace and built‑in cabinetry
- One unit furnished and operating as an Airbnb; second unit is tenant occupied for income potential
- Attached 2‑car garages positioned between the units, providing added privacy; auto roll‑up garage doors
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $30.8k | $18.36 |
| − Vacancy | −$888 | −$0.53 |
| EGI | $30.0k | $17.83 |
| − OpEx | −$9.0k | −$5.35 |
| NOI | $21.0k | $12.48 |
1,680 SF · lease $18.36/SF/yr · vacancy 2.88% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$299.6K
$262.1K – $349.5K
NOI $20,970 @ 7.0% cap · market cap 6.57%
Second Best
Apartment 5plus
$276.5K
$241.9K – $322.6K
NOI $19,354 @ 7.0% cap · market cap 6.07%
Theoretical Best
Warehouse
$358.9K
$314.0K – $418.7K
NOI $25,123 @ 7.0% cap · market cap 7.88%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
94
Businesses Nearby
Explore this area
Business Placement
Demographics for 93555, CA
32,810
Population
14,401
Households
2.3
Avg Household Size
37
Median Age
31%
College-Educated
91%
High-School Grad
78.1 sq mi
ZIP Area
420
Density / Sq Mi
$84,141
Median Household Income
$50,198
Median Earnings
$1,180
Median Rent
$235,400
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Remodeled duplex with income potential in Ridgecrest, California.
Where is this duplex located?
The property is located at 217 S Richmond Rd Ridgecrest, CA.
What is the asking price?
The asking price for this property is $319,000.
What are key features of this property?
This property features: Remodeled duplex with two 2‑bedroom, 1‑bath units, each featuring a fireplace and built‑in cabinetry; One unit furnished and operating as an Airbnb; second unit is tenant occupied for income potential; Attached 2‑car garages positioned between the units, providing added privacy; auto roll‑up garage doors
