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Three Homes on Half Acre
For Sale
$419,900
Pending

2117 Kentucky Street, Bakersfield, CA 93305

Three homes with development potential on over half acre.

Property SizeContact for details
Days on Market474

Property Features for 2117 Kentucky Street

General Information

Standard status Pending
Property subtype Multi Family

Building Details

Year Built 1929
Listing Agency: MRM & Associates, REALTORS
Listed By: Steven Rangel · License #01356820
Source: Exitrealty
Added: Jul 3, 2025 Changed: Oct 4 Last Checked: Oct 4 at 8:59AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of MRM & Associates, REALTORS

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Investment Insights

Based on property information with market context.

This property features three homes, each equipped with individual utilities, including separate water meters. The homes have been reroofed within the last 3 years. Situated on over half an acre, the property presents a development opportunity. According to the listing, a buyer may be able to build up to 16 units, pending investigation with the building department. The property is located in Bakersfield, CA.

Key Highlights

  • Development potential: Over half‑acre parcel with the possibility to build up to 16 units (buyer to verify).
  • Three existing homes: Provides immediate rental income potential.
  • Separate utilities: Each home has individual utilities, including separate water meters.

Property Analytics

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Current Use

Multifamily properties

Suggested Use

Top Pick Real Estate Agency Law Firm Electrical Service Gym & Fitness Center Skin Care Clinic Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

811
Businesses Nearby

Demographics for 93305, CA

38,392
Population
11,824
Households
3.2
Avg Household Size
29
Median Age
9%
College-Educated
64%
High-School Grad
5.8 sq mi
ZIP Area
6,619
Density / Sq Mi
$41,290
Median Household Income
$27,936
Median Earnings
$1,065
Median Rent
$245,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Multifamily property - Three homes with development potential on over half acre.
Where is this multifamily property located?
The property is located at 2117 Kentucky Street Bakersfield, CA.
What is the asking price?
The asking price for this property is $419,900.
What are key features of this property?
This property features: Development potential: Over half‑acre parcel with the possibility to build up to 16 units (buyer to verify).; Three existing homes: Provides immediate rental income potential.; Separate utilities: Each home has individual utilities, including separate water meters.
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