Downtown Homes with 5 - 10 Units Subtype

Welcome to Downtown Bakersfield, a vibrant hub that beautifully blends rich history with modern living. Nestled in the heart of Kern County, this dynamic area is not just the city’s cultural and economic center, but also a thriving community where residents enjoy a unique lifestyle. With its charming streets lined with boutique shops, trendy cafes, and art galleries, Downtown Bakersfield offers an inviting atmosphere that beckons both locals and visitors alike.

When it comes to housing, the Downtown area features a diverse range of properties, including homes with 5 to 10 units. These multifamily residences are perfect for those looking to invest in a growing market or for families seeking a sense of community without sacrificing space. The architectural styles vary from classic brick buildings that reflect the area’s historic charm to more contemporary designs that cater to modern living standards.

Living in a multi-unit home in Downtown means you’re just steps away from local attractions such as the Fox Theater, the Bakersfield Museum of Art, and the bustling Farmer’s Market. The area is also well-connected, making commuting to other parts of Bakersfield a breeze.

Whether you’re an investor or a future homeowner, the multifamily options in Downtown Bakersfield present an incredible opportunity to be part of a flourishing community. Experience the charm, convenience, and culture that this remarkable region has to offer—your new home awaits!

Newest Downtown Homes with 5 - 10 Units Subtype

$995,000

A fourplex plus triplex. The property generates a gross income of $98,400 annually right now, with rents ranging from $850 to $1,450, making it an excellent investment opportunity. Asking Price: $9,95,000 Contact us today to learn more!Corner Complex, located at 2124 O Street in the desirable downtown Bakersfield neighborhood, all units completely have been rehabbed inside. This 7-unit property is near plenty of points of interests and landmarks! Walking distance from Downtown Elementary & 10-minute walk to Bakersfield Convention Center. Built in 1985 and featuring a mix of fourplex spacious 2-bedroom/1.75. bath units, 3 comfortable 1-bedroom/1-bath. The building offers approximately 5,618 square feet of rentable space. Recent upgrades include 4 new HVAC 2025 and freshly painted interior, with additional amenities like parking accessed via the alley and an on-site laundry room.

2124 O St, Bakersfield

Courtesy of Aman Sahami with TNT Real Estate

$1,999,999

Excellent multi-family investment opportunity in the heart of Bakersfield's historic Oleander Tract! Situated on a massive 0.6-acre lot (26,136 sq ft), this unique residential income property features 8 character-rich buildings combining for a total of 7 units and 4,866 sq ft of living space.Built in 1930, the property contains the saught after oleander charm and immense value-add potential for savvy investors looking to maximize rental income or execute a classic restoration project. The sprawling lot provides rare, expansive spacing between units, ample open parking, and plenty of outdoor space for tenants.Conveniently located with easy access to local schools (Roosevelt Elementary, Emerson Jr. High, and Bakersfield High School), shopping, dining, and transit. Property to be sold as-is. Offers are to be made subject to interior inspection please do not disturb the tenants. Don't miss out on adding this high-potential multi-family portfolio piece to your investment strategy!

319 Holtby Rd, Bakersfield

Courtesy of Esteban Contreras with Watson Realty

$1,225,000

Turnkey 8-Unit Spanish-Style Multifamily | Fully Renovated | $1.2M | Strong In-Place IncomeThis is one of the cleaner small multifamily deals we've seen recently.Fully renovated 8-unit Spanish-style property priced at $1.2M, generating $9,000/month ($108K annually) with rents already at or very close to market. This property combines character, functionality, and a clean operational profile, while also having a desirable central location.The seller just completed a full rehab, so an investor is stepping into a true turnkey situation without taking on construction risk, lease-up risk, or rent speculation. That alone is where most of the value is here.Ideal for investors seeking a low maintenance asset! Call for more details today!Unit mix is ideal for the current marketprimarily 1-bedrooms at $1,100 with washer/dryer hookups, plus two 2-bedrooms at $1,200. It's a bread-and-butter renter profile that stays consistently occupied.All units feature washer/dryer hookups.

1800 Forrest St, Bakersfield

Courtesy of Troy T Lei with Miramar Realty

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