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Move-In Ready Duplex Property

1311 E 18th Street Bakersfield, CA 93305

Claim this Listing
For Sale
$370,000

MULTI_FAMILY - Bakersfield, CA

Property size:
1,719 SF
Lot size:
0.17 Acres
Price / SF:
$215.24/SF
Added:
Jun 29, 2026
Days on Market:
16
Last Refresh:
Jul 14 at 10:06 am

Property Features for 1311 E 18th Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Standard status
Active
APN
01723003
Size
1,719 SF
Lot size
0.17 Acres

Building Details

Year built
1922
Floors in Building
1
Number of units
2

Listing agent Chris M Choate

Listing office Keller Williams Realty 8700 Stockdale Highway, Bakersfield, CA

Listing date Jun 29, 2026

MLS# 202607034 Listing URL

Copyright © 2026 Bakersfield 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 fully renovated duplex is move-in ready and consists of two homes on one lot. Both units have been updated with fresh paint and new vinyl flooring, along with modern finishes. The front unit is a spacious 4-bedroom, 2-bath layout, and the back unit is a private 1-bedroom, 1-bath configuration.

Located at 1311 E 18th Street in Bakersfield, California (Kern County), the property sits on a lot described as nearly 8,000 square feet. With two separate living spaces on the same parcel, the configuration supports flexible household use or a straightforward rental arrangement.

For an owner-occupant, the front unit layout can accommodate daily living while the rear unit offers a separate space for guests, family, or a tenant. For investors or buyers seeking rental income, the duplex design provides two distinct units with clearly defined bedroom and bath counts. The property’s recent interior updates, including fresh paint and new flooring, are practical for tenants and reduce immediate turnover concerns.

Key Highlights

  • Fully renovated duplex (built 1922) with two separate homes on one lot
  • Front unit: 4 bed, 2 bath
  • Back unit: 1 bed, 1 bath, suited for rental income or extended family

Local 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 $34.0k $19.80
− Vacancy −$2.2k −$1.29
EGI $31.8k $18.51
− OpEx −$9.5k −$5.55
NOI $22.3k $12.96
1,719 SF · lease $19.80/SF/yr · vacancy 6.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$318.2K
$278.5K – $371.3K (±1% cap)
NOI $22,277 @ 7.0% cap · market cap 6.02%
Second Best
Apartment 5plus
$295.6K
$258.6K – $344.8K (±1% cap)
NOI $20,689 @ 7.0% cap · market cap 5.59%
Theoretical Best
Office A
$456.2K
$399.2K – $532.2K (±1% cap)
NOI $31,932 @ 7.0% cap · market cap 8.63%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Law Firm Electrical Service Skin Care Clinic (Bike/Boat/Book/etc) Store Gym & Fitness Center Acupuncture (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Accounting Firm

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Fully renovated two-home duplex offers a front 4 bed/2 bath residence and a back 1 bed/1 bath unit on one lot.
Where is this duplex located?
The property is located at 1311 E 18th Street Bakersfield, CA.
What is the asking price?
The asking price for this property is $370,000.
What are key features of this property?
This property features: Fully renovated duplex (built 1922) with two separate homes on one lot; Front unit: 4 bed, 2 bath; Back unit: 1 bed, 1 bath, suited for rental income or extended family
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More about this property
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