Fantastic Investment Opportunity in Downtown Bakersfield. Welcome to 139 Martin Luther King Blvd, a prime 4-unit multi-family property located in the heart of Bakersfield. This fully updated investment gem features four spacious units, each offering 2 bedrooms and 1.5 bathrooms—ideal for tenants seeking comfortable and modern living spaces. Nestled in the vibrant downtown area, this property is within walking distance to Bakersfield College, public transportation, and a variety of local amenities, making it a highly desirable location for renters. Key Features: Turnkey Property: All four units are fully updated, ensuring low maintenance and modern appeal. Reliable Tenants: Currently leased to the Bakersfield Housing Authority under their hassle-free program, providing consistent and dependable income. Ample Parking: The property boasts an abundance of parking spaces, a rare find in downtown Bakersfield. ADU Potential: With room to add two Accessory Dwelling Units (ADUs), this property offers incredible potential to increase rental income. This is a rare opportunity to own a solid, income-generating property in one of Bakersfield’s most sought-after neighborhoods. Whether you’re a seasoned investor or just starting your portfolio, 139 Martin Luther King Blvd is a smart addition to any real estate portfolio.
Property Details
Price:
$648,000
MLS #:
DW26069323
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Single Family Residence
Neighborhood:
bksfbakersfield
Listed Date:
Apr 3, 2026
Total Sq Ft:
3,520
Lot Size:
10,066 sqft / 0.23 acres (approx)
Year Built:
1983
See this Listing
Schools
Interior
Cooling
WW
Heating
WL
Laundry Features
AR
Levels
A
Exterior
Common Walls
NCW
Community Features
SDW, STM, SL
Roof
CMP
Spa Features
NO
View
NO
Financial
Map
Community
- Address139 Dr Martin Luther King Jr BL Bakersfield CA
- CityBakersfield
- CountyKern
- Zip Code93307
Market Summary
Current real estate data for Single Family in Bakersfield as of Apr 14, 2026
463
Single Family Listed
71
Avg DOM
235
Avg $ / SqFt
$490,103
Avg List Price
Property Summary
- 139 Dr Martin Luther King Jr BL Bakersfield CA is a Single Family for sale in Bakersfield, CA, 93307. It is listed for $648,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1983. The average price per square foot for Single Family listings in Bakersfield is $235. The average listing price for Single Family in Bakersfield is $490,103.
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139 Dr Martin Luther King Jr BL
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