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$319,950
Excellent income opportunity in desirable Oleander! Ideal for investors or owner-occupants looking to offset their mortgage. Features 2 homes on 1 lot. Front home: 2 bdrms, 1 ba, extensively updated w/ newer int. & ext. paint, central heat & A/C, remodeled kitchen w/ new cabinets, countertops & fixtures, plus updated bath. Detached rear unit offers 1 bdrm, 1 baideal for rental income, extended family or guests. Covered patio & private backyard add to the appeal. Conveniently located near schools, shopping & mins from Bakersfield High School. Currently rented for $2,200/mo on a month-to-month lease ending in Oct. Tenant pays water; sellers self-manage. Gardener expense TBD. Sellers willing to assist w/ buyer closing costs, depending on offer! Submit offer subject to interior inspection.

2325 Verde St, Bakersfield

Courtesy of Shanti Brinsfield with Watson Realty

$459,900
Rare C-2 Commercial Opportunity on Nearly 1 Acre! This unique offering includes three parcels totaling approximately 0.92 acres, all zoned C-2, providing a versatile opportunity for investors, owner-users, or those looking for future development potential. One parcel currently features two residential units: a 3-bedroom, 1-bath single-family residence with central A/C and slab foundation, plus an additional 2-bedroom, 1-bath unit. The sale also includes a 1-bedroom, 1-bath mobile home, two shops, and ample land for a variety of potential uses, subject to applicable zoning and city/county requirements. With three contiguous C-2 parcels and multiple existing structures, this property offers flexibility, space, and opportunity rarely found in one package. Bring your vision and explore the possibilities!

3003 Edison Hwy, Bakersfield

Courtesy of Remy Martinez with Keller Williams Realty

$399,000
Here's your opportunity to own a versatile income producing property featuring two homes PLUS a studio on one lot. The front home offers 3 bedrooms, 2 bathrooms, hardwood floors, carpet, a spacious kitchen, breakfast area, and a carport. Recent improvements include a tankless water heater, fresh interior paint, a newer swamp cooler, a mini split system, and updated sewer plumbing lines. The second home features 2 bedrooms and 1 bathroom, providing excellent rental potential. In addition, the converted garage has been transformed into a studio, creating a third income producing unit ready for its next tenant. All appliances are included, along with a new refrigerator. The fully fenced property features block walls and iron gates for added privacy and security, and each residence has its own private fenced yard. Whether you are looking to expand your investment portfolio or live in one home while generating rental income from the others, this property offers an excellent opportunity!

924 Knotts St, Bakersfield

Courtesy of Chadd Neill with Wayside, Realtors®- Miramar Realty

$315,000
Updated and Remodeled! If you are a First Time Home Buyer or Seasoned Investor. This property has 2 homes on 1 lot. If you are considering an investment property and want to live on the property use this opportunity to supplement your mortgage by renting out the other house. Or if you just want to add a sweet 2 homes 1 lot to your portfolio this will fit as well. Both properties have been updated in 2017-2026. They are ready for new owners to enjoy some cash flow or help with mortgage payment. Kitchens and baths have been remodeled down to the studs. New Subfloor in Studio house with County permit finalized 4/2026. Extended Concrete for additional parking. Extended Fencing for privacy between the front house and studio house. Indoor utility and out door utility. Separate utility meters for Gas and Electric. Water Bill is on one meter for both homes.

618 1/2 Charlana Dr Unit 2, Bakersfield

Courtesy of Stacy A Harrison with Miramar International Calloway

$539,900
Single-Family Home PLUS Detached ADUFeaturing a stylish 4-bedroom, 2-bath single-family home with 1,540 sq. ft., plus a separate 2-bedroom, 2-bath ADU with 790 sq. ft. Thoughtfully designed with modern finishes and a neutral color palette, this property offers a fresh, inviting feel throughout. The main home features an open-concept kitchen with a large island bar, wood-look paneling, farmhouse-style sink, dark-tone hardware, and durable plank flooring. The primary suite includes a private bathroom, while ceiling fans in all bedrooms provide added comfort. The detached ADU complements the main home with the same modern aesthetic and neutral finishes, creating a cohesive and polished look. With flexible living arrangements, potential rental income, and the appeal of new construction, this property is an excellent opportunity for buyers seeking added value, versatility, and functionality.

2109 Mahoney St, Bakersfield

Courtesy of Tony Gonzalez with Coldwell Banker Preferred, REALTORS®

$479,999
Rare Central Bakersfield Multifamily OpportunityOpportunities to own two separate 2-bedroom, 1-bath homes on a single parcel rarely come available in Central Bakersfield. Both units are currently rented at market rate, offering an investor immediate income from an established property.The two-structure setup provides flexibility that is hard to findhold both units for dual rental income, improve and reposition the property over time, or take advantage of future exit opportunities.Located in an established Central Bakersfield neighborhood with consistent rental demand, this property is well suited for buy-and-hold investors, portfolio builders, and 1031 exchange buyers looking for stabilized income without the need for a major value-add project.Two homes. One parcel. Immediate income. A hard-to-find investment opportunity in Central Bakersfield.

2112 C St, Bakersfield

Courtesy of Ramon Serrato with Central Valley Property Advisors

$319,900
We are pleased to present the opportunity to acquire 2912 Kentucky Street, an attractive investment property located in an established rental pocket. The property features 2 separate residences on one lot, providing investors the potential for multiple income streams from a single Asset. The front residence is currently vacant and offers approximately 860 SF, featuring 2 bedrooms and 1 bathroom. The rear residence offers approximately 513 SF, also featuring 2 bedrooms and 1 bathroom. Both residences are individually metered for electricity and gas, allowing easy utility management for the Landlord. With 2 residential units, 1 currently vacant and available for immediate leasing or price restructure, this presents an appealing opportunity for an investor seeking cashflow or for a 1st time home buyer looking to enter ownership. ** All offers considered **

2912 Kentucky St, Bakersfield

Courtesy of Felix C Diaz with Executive, REALTORS®

$315,000
2 Homes on a lot: Charming front home with thoughtful expanded living space on a spacious lot; fully fenced front yard wraps around into a private backyard. Ideal for the investor seeking immediate income from two well-maintained, tenant-occupied residences. The main home has been reconfigured to include additional living and sleeping space beyond its original footprint, plus a private en-suite bath adding a second full bathroom. The main home also includes a large, renovated basement with 6-foot ceilings and concrete flooring. A separate, fully fenced studio residence sits at the rear with its own private driveway, completely independent from the main home. Long tandem-parking driveways serve both units. Tenants have maintained both spaces beautifully. Buyer and buyer's agent to independently verify all square footage, permits, and unit configurations.

515 Wilson Ave, Bakersfield

Courtesy of Phil M Jordan with Keller Williams Realty

$314,400
Two separate buildings(APPRX 3,000 sq FT) on one oversized M-1 lot in Old Town Kern a true live-work-invest setup.(1302 1/2 TRUXTON) Approximately 845 sq ft up front with frontage right on Truxtun (real storefront exposure), plus a second building running 2,200+ sq ft behind it. Then there's the bomb shelter built solid and tailor-made for wine storage or a private tasting room.M-1 zoning opens the door to a long list of uses: owner/user electrical contractor or other sub-trades, BBQ joint or restaurant, wine tasting, cabinet shop, engineering office, law firm. Run your business out of one building and live in the other.Yes, it needs a little TLC. However, the unique architecture and good bones make this one a winner. Proforma numbers pencil at $36,000 gross annual income against roughly $3,000 in expenses about $33,000 net, a 9 cap on paper.. Easy to show lockbox on site, book through ShowingTime. Bring your vision and your contractor.

1302 E 19th, Bakersfield

Courtesy of Debra K McTaggart with Epique Realty

$630,000
Rare new construction opportunity featuring two detached homes on one lot, both built in 2025. The front residence offers 1,525 sq. ft. with 3 bedrooms and 2 bathrooms, while the rear residence provides 1,200 sq. ft. with 3 bedrooms and 2 bathrooms. Each home is thoughtfully designed with modern finishes, energy-efficient features, and fully paid solar systems.Paid Solar on both houses. Ideal for multi-generational living, owner-occupants seeking rental income, or investors looking to maximize cash flow. Each home has its own gas and electric meter, providing convenience for tenants and owners alike, while the property is served by a master water meter. Enjoy the benefits of brand-new construction with low maintenance, contemporary layouts, and strong long-term value.Don't miss this exceptional opportunity to own a versatile, income-producing property in Bakersfield.

2124 S M St, Bakersfield

Courtesy of Manuel Gomez with Sierra Central Real Estate

$325,000
This newly updated 2- homes 1- lot Residential income producing property, The Rear house has just been completed and is move in ready. Live in one and rent the other. Add this property to your portfolio. Both properties have their own separate utilities, fenced front and rear yards for privacy, Plenty of room for parking too! Front home is tenant occupied and has been updated and is very clean and nice. The rear home has just been updated with all new flooring, cabinets, granite counters, all fresh new paint, new lighting, and is move-in ready. Both homes are 2Bedrooms 1 bath with living room and dining rooms. Inside laundry rooms as well. This property is a must see so act quickly and grab it before its gone.

113 1/2 Harris Dr Unit A & B, Bakersfield

Courtesy of Raymond Beasley with Century 21 Select Real Estate

$495,000
Enjoy the flexibility of two homes in one! The front residence offers 3 bedrooms and 1.75 baths, featuring spacious living areas and a large dining room ideal for gatherings. One bedroom opens to a bright sunroom filled with natural light and direct backyard access, along with an additional room with a closet perfect for a home office, bonus room, or extra space. The kitchen provides abundant cabinet storage, and there is an indoor laundry room with convenient access to the basement. The back unit includes a spacious bedroom, a bath, comfortable living room with a bonus area, and a generously sized kitchen with ample cabinet space and a kitchen nook. The backyard showcases mature landscaping and plenty of room for entertaining, relaxing, and gatherings

2310 B St, Bakersfield

Courtesy of Jonathan J Busby with Team Busby Real Estate - Cal Connect Realty

Provided Courtesy Of Bakersfield Association of Realtors.
Information Is Believed To Be Accurate But Not Guaranteed.
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