Excellent 4-unit investment opportunity with all units currently occupied and generating $58,044 in gross annual income. The property was remodeled in 2022 and features a desirable mix of two 2-bedroom units and two 3-bedroom units. Unit A is 2/1, unit B is 3/1, unit C is 2/1.5, and unit D is 3/1.5.Unit C could be sold vacant or re-rented at current market. Improvements include granite countertops, tile flooring, LVT stair flooring in Units C and D, interior laundry in each unit, private patios, and designated on-site parking. Newer A/C units were installed in 2021, and a concrete block perimeter wall with wrought-iron gates was added in 2022. An attractive opportunity for an investor seeking a fully occupied multifamily property with substantial recent improvements or an FHA buyer looking to live in one unit and rent out the other three units.
Property Details
Price:
$585,000
MLS #:
SR26185517
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Quadruplex
Neighborhood:
bksfbakersfield
Listed Date:
Aug 24, 2026
Total Sq Ft:
3,557
Lot Size:
7,535 sqft / 0.17 acres (approx)
Year Built:
1983
See this Listing
Schools
Interior
Laundry Features
NO
Levels
A
Exterior
Common Walls
_2CW
Community Features
SL
Financial
Map
Community
- Address237 Dr Martin Luther King Jr Bakersfield CA
- CityBakersfield
- CountyKern
- Zip Code93307
Market Summary
Current real estate data for Single Family in Bakersfield as of Oct 01, 2026
497
Single Family Listed
76
Avg DOM
231
Avg $ / SqFt
$486,395
Avg List Price
Property Summary
- 237 Dr Martin Luther King Jr Bakersfield CA is a Single Family for sale in Bakersfield, CA, 93307. It is listed for $585,000 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 $231. The average listing price for Single Family in Bakersfield is $486,395.
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