
Bakersfield, CA 93305
This Renovated Income-Producing Duplex represents a High-Potential Investment Opportunity, listed at $299,999—positioned well below the $339,141 Fair Market Value by 11%. This valuation gap provides $39,142 in Instant Equity. While maintaining a Condition Rating of 3, the interior features high-end updates including a modern kitchen with stone countertops and wood-look tile flooring. With separate entrances and private patios, the property offers strong rental demand in a central Bakersfield location. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants looking to offset their mortgage through house-hacking.
Property is move-in ready.
While the property was built in 1939, the interior has undergone significant recent renovations. The kitchen is highly updated with modern white shaker cabinets, stone countertops, a stainless steel farmhouse sink, and contemporary hardware. The living areas feature updated wood-look tile flooring and modern ceiling fans. Although the exterior and landscaping show some deferred maintenance and age, the interior components are well-maintained and move-in ready.
As a duplex with two separate units, this property offers versatile income-producing opportunities for investors or owner-occupants looking to house-hack and offset their mortgage.
Each unit features its own private entrance and separate backyard, a highly desirable amenity that enhances tenant privacy and increases the property's rental marketability.
Situated in the heart of Bakersfield near major transportation routes, shopping, and dining, the property is well-positioned for high occupancy rates and long-term value growth.
Built in 1939, the property may require significant capital expenditures for maintenance or upgrades to aging electrical, plumbing, and structural systems.
With a total of only one bedroom and one bathroom listed for the entire duplex, the small unit sizes may limit the potential tenant pool to individuals or couples.
This is not just a property… it’s a cash-flow machine, on a corner lot! Opportunities like this don’t last. This income-producing duplex features separate meters and two separate units, 3 bedrooms and 1 bathroom with private entrances, separate living areas, kitchens, bedrooms, and private backyard spaces, making it ideal for investors or multi-generational living. Unit 1 offers a spacious 1 bedroom, 1 bathroom floor plan with a large living area, and kitchen area, while Unit 2 features 2 bedrooms, 1 bathroom, a separate kitchen, and family room. Plenty of potential with parking space and lot flexibility, providing additional upside potential for future use or expansion possibilities. Tenants are in place through December 2026, providing immediate and reliable income with established rental stability already in place. Conveniently located near shopping, dining, schools, and major transportation routes, this property offers strong long-term rental potential in a growing market. Aerial and drone photography highlight the size, layout, and versatility of this excellent investment opportunity.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,517 | - |
| Lot Size | 6,997 | - |
| Price | $300.0K | $549.6K |
| Price per sq ft | $198 | $176 |
| Built year | 1939 | 0 |
| HOA | $0 | $0 |
| Days on market | 122 | 79 |
May 22, 2026
$299,998
$299,999
+0% Price Increase
Initial Listing
Mar 23, 2026
$299,999
Initial Listing
Mar 16, 2022
$230,000
Public Record
Oct 31, 2017
$89,500
Public Record
Dec 17, 2012
$95,000
Public Record
Jun 24, 2003
$83,000
Public Record
Jan 31, 2001
$61,000
Public Record
Sep 17, 1999
$14,000
Public Record