Fourplex with Diverse Two-Bed
2712 Morin Court Bakersfield, CA 93304
For Sale
$699,000
Pending
MULTI_FAMILY - Bakersfield, CA
Property Size3,410 SF
Lot Size0.19 Acres
Days on Market146
Property Features for 2712 Morin Court
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
8
Bathrooms
6
Rooms
Bathroom 1, Bathroom 5, Bedroom 1, Bedroom 4, Bathroom 6, Bedroom 8, Bedroom 6, Bedroom 7, Bathroom 4, Bedroom 3, Bathroom 2, Bedroom 2, Bedroom 5, Bathroom 3
Parking features
Carport
Exterior features
Stucco
Standard status
Pending
APN
0235800400
Size
3,410 SF
Lot size
0.19 Acres
Building Details
Year built
1985
Floors in Building
2
Number of units
4
Roof type
Composition
Listing Agency:
Realty Concepts, Ltd. - Fresno
(559) 490-1500
Listed By:
Linda Parks · License #02052142
(559) 490-1500
Added: Mar 5
Changed: Jul 28
Last Checked: Jul 29 at 6:06PM
MLS# 644876
Copyright © 2026 Fresno Association of Realtors. 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 well-maintained fourplex was built in 1985 and contains four residential units. The unit mix includes two units with 2 bedrooms and 1 bathroom, and two units with 2 bedrooms and 2 bathrooms. All units are currently leased, providing immediate rental income for a new owner. The property consists of approximately 3,410 square feet on a 0.19-acre lot.
Located at 2712 Morin Court in Bakersfield, the property sits on a cul-de-sac, offering a contained setting within the neighborhood.
Presented for sale as a turnkey, leased-income fourplex, the configuration supports an investor seeking a mix of 2-bedroom unit layouts within the same building.
Located at 2712 Morin Court in Bakersfield, the property sits on a cul-de-sac, offering a contained setting within the neighborhood.
Presented for sale as a turnkey, leased-income fourplex, the configuration supports an investor seeking a mix of 2-bedroom unit layouts within the same building.
Key Highlights
- Fourplex built in 1985 with stucco exterior and composition roof
- Unit mix: two 2‑bedroom/1‑bath units and two 2‑bedroom/2‑bath units
- All units are currently leased, providing immediate rental income
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 | $67.5k | $19.80 |
| − Vacancy | −$4.4k | −$1.29 |
| EGI | $63.1k | $18.51 |
| − OpEx | −$18.9k | −$5.55 |
| NOI | $44.2k | $12.96 |
3,410 SF · lease $19.80/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$631.3K
$552.4K – $736.5K
NOI $44,191 @ 7.0% cap · market cap 6.32%
Second Best
Apartment 5plus
$586.3K
$513.0K – $684.0K
NOI $41,042 @ 7.0% cap · market cap 5.87%
Theoretical Best
Office A
$904.9K
$791.8K – $1.06M
NOI $63,344 @ 7.0% cap · market cap 9.06%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Quadplex - Built in 1985, this fourplex offers two 2-bed/1-bath units and two 2-bed/2-bath units, all currently leased.
Where is this quadplex located?
The property is located at 2712 Morin Court Bakersfield, CA.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Fourplex built in 1985 with stucco exterior and composition roof; Unit mix: two 2‑bedroom/1‑bath units and two 2‑bedroom/2‑bath units; All units are currently leased, providing immediate rental income
