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Remodeled Duplex in Ridgecrest, CA

217 S Richmond Rd Ridgecrest, CA 93555

Claim this Listing
For Sale
$319,000

MULTI_FAMILY - Ridgecrest, CA

Property size:
1,680 SF
Lot size:
0.14 Acres
Price / SF:
$189/SF
Added:
May 26, 2026
Days on Market:
47
Last Refresh:
Jul 11 at 8:06 am

Property Features for 217 S Richmond Rd

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
Duplex
Bedrooms
4
Bathrooms
2
Rooms
Bedroom 2, Bedroom 4, Bathroom 1, Bedroom 1, Bedroom 3, Bathroom 2
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
Standard status
Active
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 agent Carole A. Vaughn License #00742584

Listing office Vaughn Realty 509 W Ward, CA

Listing date May 26, 2026

MLS# 2608501 Listing URL

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 offering investment or owner‑occupant opportunity.
  • One unit is furnished and operating as a successful Airbnb.
  • Second unit is tenant occupied, providing immediate income.

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 $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 (±1% cap)
NOI $20,970 @ 7.0% cap · market cap 6.57%
Second Best
Apartment 5plus
$276.5K
$241.9K – $322.6K (±1% cap)
NOI $19,354 @ 7.0% cap · market cap 6.07%
Theoretical Best
Warehouse
$358.9K
$314.0K – $418.7K (±1% cap)
NOI $25,123 @ 7.0% cap · market cap 7.88%
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 Spa & Massage Center Building Supply Electrical Service Kitchen & Bath Showroom Grocery & Convenience Store Auto Repair Shop Bakery Big Box & Wholesale Store

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

FAQs

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 offering investment or owner‑occupant opportunity.; One unit is furnished and operating as a successful Airbnb.; Second unit is tenant occupied, providing immediate income.
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