Duplex with Alley Access and
New
For Sale
$275,000
907 Lexington Street, Delano, CA 93215
MULTI_FAMILY - Delano, CA
Property Size768 SF
Lot Size0.17 Acres
Price / SF$358.07
Days on Market6
Property Features for 907 Lexington Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Parking features
Carport
Elementary school
Del Vista
Middle school
Cecil Avenue
High school
Cesar Chavez
Subdivision
98
Standard status
Active
APN
03844006
Size
768 SF
Lot size
0.17 Acres
Building Details
Year built
1915
Floors in Building
1
Number of units
2
Listing Agency:
People Realty, Inc.
(661) 847-1050
Listed By:
Shawn C Byrom
(661) 706-1000
Added: Jul 29
Last Checked: Aug 2 at 11:06PM
MLS# 202608152
Copyright © 2026 Bakersfield Association of Realtors. 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 includes two homes on one lot. The front home offers three bedrooms and one bathroom and includes its own indoor laundry room. The back home provides one bedroom and one bathroom, with its own alley access and driveway, plus a carport.
The property sits on a 0.17-acre lot and has a total stated size of 768 square feet. Built in 1915, the back house is listed at 576 square feet per public record. Parking is provided via the carport.
The separate access and layouts between the front and back homes may be useful for tenants seeking more privacy, while keeping both residences on a single lot.
The property sits on a 0.17-acre lot and has a total stated size of 768 square feet. Built in 1915, the back house is listed at 576 square feet per public record. Parking is provided via the carport.
The separate access and layouts between the front and back homes may be useful for tenants seeking more privacy, while keeping both residences on a single lot.
Key Highlights
- Two homes on one lot with front and back separate living areas
- Front home: 3 bedrooms and 1 bathroom with an indoor laundry room
- Back home: 1 bedroom and 1 bathroom with alley access and driveway
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 | $14.1k | $18.36 |
| − Vacancy | −$406 | −$0.53 |
| EGI | $13.7k | $17.83 |
| − OpEx | −$4.1k | −$5.35 |
| NOI | $9.6k | $12.48 |
768 SF · lease $18.36/SF/yr · vacancy 2.88% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$136.9K
$119.8K – $159.8K
NOI $9,586 @ 7.0% cap · market cap 3.49%
Second Best
Apartment 5plus
$126.4K
$110.6K – $147.5K
NOI $8,847 @ 7.0% cap · market cap 3.22%
Theoretical Best
Warehouse
$164.1K
$143.6K – $191.4K
NOI $11,485 @ 7.0% cap · market cap 4.18%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
520
Businesses Nearby
Explore this area
Business Placement
Demographics for 93215, CA
53,626
Population
13,207
Households
4.1
Avg Household Size
32
Median Age
8%
College-Educated
62%
High-School Grad
145.5 sq mi
ZIP Area
369
Density / Sq Mi
$61,329
Median Household Income
$26,998
Median Earnings
$1,085
Median Rent
$271,700
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Duplex on one lot featuring separate front and back homes, with alley access and a carport.
Where is this duplex located?
The property is located at 907 Lexington Street Delano, CA.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Two homes on one lot with front and back separate living areas; Front home: 3 bedrooms and 1 bathroom with an indoor laundry room; Back home: 1 bedroom and 1 bathroom with alley access and driveway
