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    Residential Income

    Bakersfield, CA Residential Income Properties for Sale

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    Fully Remodeled Fourplex
    Updated: Apr 21
    Fully Remodeled Fourplex

    712 Knotts Street, Bakersfield, CA 93305

    $649,000
    4,026 sqft 0.16 AC lot
    Fully remodeled fourplex built in 1971 with a mix of 3BR/2BA and 2BR units
    Unit mix: 1 front unit (3BR/2BA), 1 unit (2BR/1BA), and 2 units (2BR/1.5BA)
    Updated interiors in each unit: tile flooring, granite countertops, undermount sinks, and tiled showers
    Modern finishes throughout, including newer carpet and two‑tone paint
    Gated property for added privacy and security, with gated front yard for the front unit
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    This listing looks promising.

    Here's a quick look at some key insights for

    712 Knotts Street, Bakersfield, CA 93305

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    • Est. Cap Rate

      8%
      Above avg (5.9%)

    • Est. NOI

      $52K
      Annual

    • Mortgage

      $218K
      Aug 2016

    • Last Sold

      Aug 2016
      $290K

    • Property Type

      Quadplex
      Built 1971
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    Historic Multifamily Apartment Buildings
    Updated: May 20
    Historic Multifamily Apartment Buildings

    319 Holtby Road, Bakersfield, CA 93304

    $1,999,999
    4,866 sqft 0.60 AC lot
    Multi‑family residential income property in Bakersfield’s Oleander Tract with 7 units across 8 buildings
    Built in 1930 and includes 4,866 sq ft of living space
    Set on a 0.6‑acre lot (26,136 sq ft) with expansive spacing between units
    Parking includes a carport and garage
    As‑is sale; offers are subject to interior inspection (do not disturb tenants)
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    Fourplex Residential Income Property
    Fourplex Residential Income Property

    2801 Alta Vista Drive, Bakersfield, CA 93305

    $639,000
    3,723 sqft 0.27 AC lot

    Well-maintained fourplex with a mix of 2- and 3-bedroom units and multiple parking options for tenants and visitors.

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    Four-Unit Residential Income Property
    Four-Unit Residential Income Property

    3418 N Chester Avenue, Bakersfield, CA 93308

    $615,000
    3,360 sqft 0.21 AC lot

    Four tenant-occupied two-bedroom, one-bath units each with its own HVAC system.

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    Modern Duplex With Owned Solar
    Modern Duplex With Owned Solar

    1417 Oregon, Bakersfield, CA 93305

    $530,000
    1,948 sqft

    Newly built duplex with two units, including owned solar panels for potential energy savings.

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    Newly Rebuilt 4-Plex with Gated Yard
    Newly Rebuilt 4-Plex with Gated Yard

    931 Monterey Street, Bakersfield, CA 93305

    $989,999
    5,280 sqft 0.17 AC lot

    2024 rebuilt 4-plex with consistent large layouts, in-unit kitchens, and a gated front yard near freeway access.

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    Renovated Multi-Unit Residential Property
    Renovated Multi-Unit Residential Property

    132 Ohio Drive, Bakersfield, CA 93307

    $749,000
    3,950 sqft 0.57 AC lot

    Fully renovated multi-unit property with air conditioning, private yard areas, and a sizable lot for future improvements.

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    18-Unit Apartment Building
    18-Unit Apartment Building

    2909 S Chester Ave, Bakersfield, CA 93304

    $2,300,000
    16,191 sqft

    An 18-unit complex with 2 bed, 1.5 bath units, carports, and both assigned and street parking.

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    Updated Fourplex in Riverview Neighborhood
    Updated Fourplex in Riverview Neighborhood

    132 Warren Avenue, Bakersfield, CA 93308

    $639,000
    3,636 sqft 0.21 AC lot

    Updated fourplex with strong income potential in Bakersfield's Riverview.

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    Four-Unit Apartment Building
    Four-Unit Apartment Building

    1308 Flower Street, Bakersfield, CA 93305

    $599,000
    3,432 sqft 0.17 AC lot

    Four 2-bedroom, 1-bath units with washer/dryer hookups and on-site parking in a residential R-3 setting.

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    Four-Unit Apartment Building
    Four-Unit Apartment Building

    1308 Flower, Bakersfield, CA 93305

    $599,000
    3,442 sqft

    Well-maintained quadplex with four 2-bedroom, 1-bath units, washer/dryer hookups, and on-site parking.

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    Updated Fourplex in Riverview Neighborhood
    Updated Fourplex in Riverview Neighborhood

    132 Warren Avenue, Bakersfield, CA 93308

    $639,000
    3,636 sqft 0.21 AC lot

    Updated fourplex with strong income potential in Bakersfield's Riverview.

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    New Bakersfield Multifamily Investment Opportunity
    New Bakersfield Multifamily Investment Opportunity

    1806 Williams Street, Bakersfield, CA 93305

    $850,000
    1,000 sqft 0.28 AC lot

    Four new units, modern design, high-yield potential in Bakersfield.

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    Fourplex Apartment Community
    Fourplex Apartment Community

    8400 White Rock Drive, Bakersfield, CA 93312

    $23,000,000
    100,800 sqft

    Fourplex community developed in 2006–2008, designed for residential income ownership in Bakersfield.

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    Move-In Ready Duplex Property
    Move-In Ready Duplex Property

    1311 E 18th Street, Bakersfield, CA 93305

    $370,000
    1,719 sqft 0.17 AC lot

    Fully renovated two-home duplex offers a front 4 bed/2 bath residence and a back 1 bed/1 bath unit on one lot.

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    Fourplex with Updated Vacancies
    Fourplex with Updated Vacancies

    1300 Flower Street, Bakersfield, CA 93305

    $600,000
    3,432 sqft 0.17 AC lot

    Well-maintained fourplex offering four 2-bedroom, 1-bath units, with two updated vacancies ready for occupancy.

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    Updated Duplex with Separate Utilities
    Updated Duplex with Separate Utilities

    113 Harris Drive A & B, Bakersfield, CA 93308

    $325,000
    1,314 sqft

    Two 2BR/1BA homes on one lot, each with separate utilities and fenced yards for privacy.

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    Fourplex With One Vacant Unit
    Fourplex With One Vacant Unit

    1304 Flower Street, Bakersfield, CA 93305

    $600,000
    3,432 sqft 0.17 AC lot

    Well-maintained fourplex with four 2-bedroom, 1-bath units, including one updated unit ready for occupancy.

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    Multifamily Property with Five Units
    Multifamily Property with Five Units

    7016 Ming Ave, Bakersfield, CA 93309

    $830,000
    4,800 sqft

    Five-unit multifamily property available for sale.

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    Versatile Multifamily Property in Bakersfield
    Versatile Multifamily Property in Bakersfield

    615 Flower Street, Bakersfield, CA 93305

    $415,000
    1,913 sqft 0.26 AC lot

    Three units: house, one-bedroom, and studio with income potential.

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    Four-Unit Multifamily Property
    Four-Unit Multifamily Property

    2421 Westholme Blvd, Bakersfield, CA 93309

    $800,000
    4,505 sqft

    Multifamily property featuring four units.

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    Five-Unit Apartment Investment
    Five-Unit Apartment Investment

    12119 Edison Hwy, Bakersfield, CA 93307

    $379,999
    2,397 sqft 0.72 AC lot

    Five-unit property on a 0.72-acre lot with separate meters, including one 2-bed/1-bath and four 1-bed/1-bath units.

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    Multi Family
    Multi Family

    509 King Street, Bakersfield, CA 93305

    $440,000
    1,630 sqft 0.11 AC lot

    Multifamily properties · 1,630 SF

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    Duplex with Private Yards
    Duplex with Private Yards

    1907 S J Street, Bakersfield, CA 93304

    $260,000
    1,170 sqft 0.17 AC lot

    Duplex offering two separate units with private yard space, with one unit tenant-occupied and the other vacant.

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    Bakersfield, CA Residential Income Properties Market Trends and Statistics

    Explore 98 residential income properties for sale in Bakersfield, CA, showcased through 98 active listings on our real estate platform. These investment opportunities span a total of 257,195 square feet of properties for sale, with an estimated market value of $55,662,585.

    Sale prices for residential income properties in Bakersfield, CA start at $119,900, averaging $993,974, and reaching up to $23,000,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Multifamily properties 102
    Duplexes 35
    Quadplexes 31
    Apartment buildings 16
    Mobile home & RV parks 9

    Demographics Overview

    Population 590K
    Population Growth (5Y) +7.2%
    Median Household Income $75,352
    College Educated 13.1%

    High-Yield Neighborhoods for Investment

    Identify Bakersfield submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    93308 $527.5K
    93305 $549.4K
    93301 $576K
    93307 $640.9K
    93313 $730K

    Taxes & Financing

    Tax Rate (average for all types) 1.21%
    Property Tax per SF $19.44 per SF
    Tax Rate vs County Average 0.02 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Kern County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Kern County

    Retail

    Office

    Property Size Breakdown

    The majority of commercial real estate listings in Bakersfield fall within the 100,000+ square foot range.

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    Most Searched ZIP Codes in Bakersfield, CA

    • 93305
    • 93304
    • 93308
    • 93307
    • 93309
    • 93301
    • 93312
    • 93314

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