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Two-Home Duplex Property

618 Lincoln, Bakersfield, CA 93308

For Sale
New
$259,999

Bakersfield, CA

Property Size1,419 SF
Lot Size0.15 Acres
Price / SF$183.23
Days on Market7

Property Features for 618 Lincoln

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 5
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 4, Bedroom 5, Bedroom 1, Bathroom 2, Laundry Room, Bedroom 3, Bathroom 1, Bedroom 2
Parking 1
Lot features Lot 6500-9999
Elementary school district Kern Union
Middle school district Kern Union
High school district Kern Union
Directions From I-5 N/Golden State Fwy, Keep left to Continue on CA 99 N, Exit Airport Dr, Continue on Airport Dr, Turn right onto Roberts Ln, Turn left after the gas station on the left onto Sequoia Dr, Turn right onto Lincoln Ave, Destination will be on the l
Subdivision BKSF - Bakersfield
Standard status Active
APN 11309121008
Size 1,419 SF
Lot size 0.15 Acres

Utilities

Sewer type Public Sewer
Cooling system Evaporative Cooling
Water source Public

Building Details

Year built 1939
Floors in Building 1
Number of units 2
Buildings 2
Listing Agency: KW College Park · Keller Williams Realty
Listed By: Sameena Ali · License #02231188
Added: Nov 3 Changed: Nov 7 Last Checked: Nov 9 at 6:06AM
MLS# TR26238808

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This duplex property contains two detached residences totaling 1,419 square feet on a 0.1494-acre parcel. The front home has 3 bedrooms and 1 bathroom, a kitchen with breakfast nook, separate laundry room, private yard, covered porch, and driveway parking. The rear home includes 1 bedroom and 1 bathroom, a private backyard, and a garage/storage area. Its separate fenced entrance is accessed from the alley. The property was built in 1939 and has evaporative cooling, public water, and public sewer.

Located in the Oildale area of North Bakersfield, the property combines two independent living spaces on a single lot.

Key Highlights

  • Two residences totaling 1,419 square feet on a 0.1494‑acre lot
  • Front home has 3 bedrooms, 1 bathroom, laundry room, breakfast nook, porch, and driveway parking
  • Rear residence includes 1 bedroom, 1 bathroom, private backyard, and garage/storage area

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$18,389
Cap Rate
7.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$367,780 $367.8K
Cap Rate 7%
$262,700 $262.7K
Cap Rate 9%
$204,322 $204.3K
Market Conditions
NOI Build-Up for 1,419 SF
Gross rent
$28.1K $19.80/SF
− Vacancy
−$1.8K −$1.29/SF
EGI
$26.3K $18.51/SF
− OpEx
−$7.9K −$5.55/SF
NOI
$18.4K $12.96/SF
Area
Bakersfield, CA
Vacancy
6.50%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$367,780
Cap Rate 7%
$262,700
Cap Rate 9%
$204,322

Alternative Uses

Best Use
Multifamily LT 5
$262.7K
$229.9K – $306.5K (±1% cap)
NOI $18,389 @ 7.0% cap · market cap 7.07%
Second Best
Apartment 5plus
$244.0K
$213.5K – $284.7K (±1% cap)
NOI $17,079 @ 7.0% cap · market cap 6.57%
Theoretical Best
Office A
$376.6K
$329.5K – $439.3K (±1% cap)
NOI $26,359 @ 7.0% cap · market cap 10.14%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

730
Businesses Nearby

Demographics for 93308, CA

56,037
Population
21,443
Households
2.6
Avg Household Size
35
Median Age
18%
College-Educated
84%
High-School Grad
344.6 sq mi
ZIP Area
163
Density / Sq Mi
$59,511
Median Household Income
$39,676
Median Earnings
$1,260
Median Rent
$298,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Duplexes in Bakersfield, CA

$239 Jul
$246 Aug
$233 Sep
$226 Oct

Properties on Market for Duplexes in Bakersfield

Jul
Aug
Sep
Oct

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?
Duplex - Two separate residences on one parcel offer distinct living spaces with separate yards and access.
Where is this duplex located?
The property is located at 618 Lincoln Bakersfield, CA.
What is the asking price?
The asking price for this property is $259,999.
What are key features of this property?
This property features: Two residences totaling 1,419 square feet on a 0.1494‑acre lot; Front home has 3 bedrooms, 1 bathroom, laundry room, breakfast nook, porch, and driveway parking; Rear residence includes 1 bedroom, 1 bathroom, private backyard, and garage/storage area
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