Updated Duplex with
For Sale
$129,900
239 Station, Ridgecrest, CA 93555
Multi Family, Ridgecrest, CA
Property Size800 SF
Lot Size0.12 Acres
Price / SF$162.38
Days on Market62
Property Features for 239 Station
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
Duplex
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 2, Bathroom 1
Interior features
Flooring- Vinyl
Appliances
Oven/Range, Refrigerator, W/D Hookups
Lot features
Curb & Gutter, Fenced- Partial, Patio- Covered, Storage Shed
Directions
From Ridgecrest Blvd head North on Alvord, East on Station
Subdivision
North West
Standard status
Active
APN
067-140-36
Size
800 SF
Lot size
0.12 Acres
Utilities
Heating system
Wall Furnace
Cooling system
Evaporative Cooling
Amenities
washer/dryer hookups
fenced yard
Building Details
Year built
1944
Number of units
2
Roof type
Metal
Listing Agency:
TNT Western Homes Inc.
(760) 384-0000
Listed By:
Sara Rizzardini · License #01460361
(760) 382-9515
Added: Aug 14
Changed: Sep 13
Last Checked: Oct 14 at 6:06PM
MLS# 2608827
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 duplex contains two separate studio units on a 0.12-acre lot, with 800 square feet of property size and a third structure currently used for storage. The building dates to 1944 and has a metal roof, wall-furnace heating, evaporative cooling, vinyl flooring, and washer and dryer hookups for stacked units. Each residence has a bathroom, while the property includes a single water meter and separate electric and gas service.
The front unit received a kitchen renovation in 2021 with new cabinets, countertops, appliances, and flooring in the kitchen and living room. Its refrigerator was replaced in September 2024, and the bathroom was remodeled in 2025. Both roofs were replaced in 2024. The units are occupied under month-to-month leases, and current tenants have expressed interest in remaining long term. The fenced yard provides additional private exterior space. Interior inspection is required as a condition of offers, and tenant privacy should be respected.
The front unit received a kitchen renovation in 2021 with new cabinets, countertops, appliances, and flooring in the kitchen and living room. Its refrigerator was replaced in September 2024, and the bathroom was remodeled in 2025. Both roofs were replaced in 2024. The units are occupied under month-to-month leases, and current tenants have expressed interest in remaining long term. The fenced yard provides additional private exterior space. Interior inspection is required as a condition of offers, and tenant privacy should be respected.
Key Highlights
- Two separate studio units within an 800‑square‑foot duplex
- 0.12‑acre lot with a small fenced yard area
- Both roofs replaced in 2024
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$9,985
Cap Rate
7.69%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$199,700
$199.7K
Cap Rate 7%
$142,643
$142.6K
Cap Rate 9%
$110,944
$110.9K
Market Conditions
NOI Build-Up for 800 SF
Gross rent
$14.7K $18.36/SF
− Vacancy
−$423 −$0.53/SF
EGI
$14.3K $17.83/SF
− OpEx
−$4.3K −$5.35/SF
NOI
$10.0K $12.48/SF
Area
Kern County, CA
Vacancy
2.88%
Lease Rate
$18.36 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$199,700
Cap Rate 7%
$142,643
Cap Rate 9%
$110,944
Alternative Uses
Best Use
Multifamily LT 5
$142.6K
$124.8K – $166.4K
NOI $9,985 @ 7.0% cap · market cap 7.69%
Second Best
Apartment 5plus
$131.7K
$115.2K – $153.6K
NOI $9,216 @ 7.0% cap · market cap 7.09%
Theoretical Best
Warehouse
$170.9K
$149.5K – $199.4K
NOI $11,963 @ 7.0% cap · market cap 9.21%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
701
Businesses Nearby
Explore this area
Business Placement
Demographics for 93555, CA
32,810
Population
14,401
Households
2.3
Avg Household Size
37
Median Age
31%
College-Educated
91%
High-School Grad
78.1 sq mi
ZIP Area
420
Density / Sq Mi
$84,141
Median Household Income
$50,198
Median Earnings
$1,180
Median Rent
$235,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Duplex - Two studio residences include separate electric and gas service, plus a fenced outdoor area and stacked laundry hookups.
Where is this duplex located?
The property is located at 239 Station Ridgecrest, CA.
What is the asking price?
The asking price for this property is $129,900.
What are key features of this property?
This property features: Two separate studio units within an 800‑square‑foot duplex; 0.12‑acre lot with a small fenced yard area; Both roofs replaced in 2024
