Newer Duplex Income
222 Harding Ave. Bakersfield, CA 93308
For Sale
Contact for pricing
A well-maintained 2015-built duplex with two 3-bedroom units on a single lot.
Property Size2,220 SF
Lot Size0.21 Acres
Price / SF$207.21
Days on Market119
Property Features for 222 Harding Ave.
General Information
- Standard status
- Active
- Size
- 2,220 SF
- Lot size
- 0.21 Acres
- Property subtype
- Multifamily
Building Details
- Year Built
- 2015
Listing Agency:
ASU Commercial
(661) 889-6597
Listed By:
Marc Thurston · License #CA 01099353
Source:
Crexi
Added: Mar 27
Changed: Jul 22
Last Checked: Jul 23 at 8:48AM
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 ASU Commercial
Investment Insights
Based on property information with market context.
This newer-construction duplex was built in 2015 and is described as well-maintained. The property totals approximately 2,220 square feet and sits on a 9,111 square foot lot. It features two separate units, each with 3 bedrooms and 1.75 bathrooms.
The offering is located at 222 Harding Ave. in Bakersfield, CA 93308. The public remarks cite a gross scheduled income of $39,000.
For investors and buyers seeking residential income, the configuration provides two independent rental units under one ownership, supported by the stated income figure and the property’s 2015 construction timeframe.
The offering is located at 222 Harding Ave. in Bakersfield, CA 93308. The public remarks cite a gross scheduled income of $39,000.
For investors and buyers seeking residential income, the configuration provides two independent rental units under one ownership, supported by the stated income figure and the property’s 2015 construction timeframe.
Key Highlights
- 2015‑built duplex with approximately 2,220 SF on a 9,111 SF lot
- Two units with each featuring 3 bedrooms and 1.75 bathrooms
- Gross scheduled income of $39,000
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 | $44.0k | $19.80 |
| − Vacancy | −$2.9k | −$1.29 |
| EGI | $41.1k | $18.51 |
| − OpEx | −$12.3k | −$5.55 |
| NOI | $28.8k | $12.96 |
2,220 SF · lease $19.80/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$411.0K
$359.6K – $479.5K
NOI $28,769 @ 7.0% cap · market cap 6.25%
Second Best
Apartment 5plus
$381.7K
$334.0K – $445.3K
NOI $26,719 @ 7.0% cap · market cap 5.81%
Theoretical Best
Office A
$589.1K
$515.5K – $687.3K
NOI $41,239 @ 7.0% cap · market cap 8.97%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - A well-maintained 2015-built duplex with two 3-bedroom units on a single lot.
Where is this duplex located?
The property is located at 222 Harding Ave. Bakersfield, CA.
What is the asking price?
The asking price for this property is $460,000.
What are key features of this property?
This property features: 2015‑built duplex with approximately 2,220 SF on a 9,111 SF lot; Two units with each featuring 3 bedrooms and 1.75 bathrooms; Gross scheduled income of $39,000
