OFF MARKET

Off Market Oct 2021 for $595K

—

Est. refi paymentEst. refi $3,821/mo

•

8 ba

•

4,224

sq ft

118 Decatur St, Bakersfield, CA 93308

About this home

Fantastic 8-unit property in North Bakersfield composed of 2 triplexes and a duplex. Each unit is 1 bed/1bath renting for $520-570. Long-term tenants all paying, most have been there over 5 years. On month-to-month. The units are in good condition, the owners have taken care of repairs as needed. The roofs were replaced in the last few years. Kitchens have nice pantries, and washer/dryer hookups. Very nice yards/grounds. Market rents are $800+. Tons of upside on these rents! Bakersfield is conveniently located between San Francisco & Los Angeles which are becoming more expensive to live and thus resulting in more people moving to the wonderful city of Bakersfield. In addition, Bakersfield is known for its rich agriculture, black gold (oil), delicious dining, and its warm and welcoming small-town charm. Due to large manufacturing companies being stationed in Bakersfield results in high job demands such as Amazon. Don't miss this rare opportunity to access the best investment market in CA

Multi-familyProperty Type

1970Year Built

0.27 acresLot Size

$141Price/Sq.Ft.

Listed by Philip Jordan •DRE #00966411 • Keller Williams Realty

Bought with Caleb Fisk •DRE #02156326 • Keller Williams Realty

Redfin checked: a minute ago

•Source:GEMLS #202111246

Redfin Estimate

There isn’t enough information to generate an accurate estimate at this time. Learn More

Market trends in 93308, CA

Last updated July 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

98.2%

0.4% MoM

Median sale price

$340K

$9K MoM

Avg. days on market

37d

0 days MoM

Recently sold homes

155

5 MoM

New listings for sale

OPEN FRI, 4PM TO 6PM
$300,000
3 beds1 bath1,071 sq ft
330 Francis St, Bakersfield, CA 93308
NEW 7 HRS AGO
$5,000
2 beds1 bath732 sq ft
3219 Gulf St #46, Bakersfield, CA 93203
Reliant Realty
OPEN SAT, 12PM TO 3PM
$315,000
3 beds2 baths1,456 sq ft
2028 Esther Dr, Bakersfield, CA 93308
NEW 10 HRS AGO
$314,999
3 beds1 bath1,040 sq ft
3010 Peerless Ave, Bakersfield, CA 93308
NEW 31 HRS AGO
$309,900
3 beds2 baths1,034 sq ft
115 Misty Meadow Dr, Bakersfield, CA 93308
OPEN SAT, 11AM TO 2PM
$780,000
3 beds2 baths2,554 sq ft
11901 Kern Riv, Bakersfield, CA 93308
OPEN SAT, 12PM TO 2PM
$580,000
3 beds2 baths2,058 sq ft
5101 Dewalt, Bakersfield, CA 93308
$245,000
2 beds1 bath426 sq ft
203 E Belle, Bakersfield, CA 93308
$338,000
3 beds1 bath1,081 sq ft
2325 Barnett, Bakersfield, CA 93308
$495,000
3 beds3 baths1,879 sq ft
7108 Elias Ave, Bakersfield, CA 93308
See all

Provided by Redfin

Sale history for 118 Decatur St

Year

Property tax

Land + Additions

Assessment*

2025

$14,672 (+3.4%)

$53,060 + $578,358

$631,418

2024

$14,186 (+3.8%)

$53,060 + $578,358

$631,418

2023

$13,665 (+4.5%)

$52,020 + $567,018

$619,038

2022

$13,079 (+67.8%)

$52,020 + $567,018

$619,038

2021

$7,795 (+6.0%)

$50,000 + $545,000

$595,000

2020

$7,353 (+1.3%)

$26,540 + $179,958

$206,498

2019

$7,262 (−12.1%)

$26,268 + $178,113

$204,381

2018

$8,261 (+4.4%)

$25,753 + $174,621

$200,374

2017

$7,916 (+74.8%)

$24,754 + $167,842

$192,596

2016

$4,528 (+1.6%)

$24,754 + $167,842

$192,596

2015

$4,456 (+2.0%)

$24,269 + $164,551

$188,820

2014

$4,370

$23,437 + $158,906

$182,343

Tax history for 118 Decatur St

Year

Property tax

Land + Additions

Assessment*

2025

$14,672 (+3.4%)

$53,060 + $578,358

$631,418

2024

$14,186 (+3.8%)

$53,060 + $578,358

$631,418

2023

$13,665 (+4.5%)

$52,020 + $567,018

$619,038

2022

$13,079 (+67.8%)

$52,020 + $567,018

$619,038

2021

$7,795 (+6.0%)

$50,000 + $545,000

$595,000

2020

$7,353 (+1.3%)

$26,540 + $179,958

$206,498

2019

$7,262 (−12.1%)

$26,268 + $178,113

$204,381

2018

$8,261 (+4.4%)

$25,753 + $174,621

$200,374

2017

$7,916 (+74.8%)

$24,754 + $167,842

$192,596

2016

$4,528 (+1.6%)

$24,754 + $167,842

$192,596

2015

$4,456 (+2.0%)

$24,269 + $164,551

$188,820

2014

$4,370

$23,437 + $158,906

$182,343

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning

Beds

—

Baths

—

Stories

Lot width

—

Lot depth

—

Lot size

0.27 Acres

Year renovated

1970

Sq. Ft.

1,056

Year built

1970

Style

Multi-Family (5+ Unit)

County

Kern County

APN

11328026001

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jun 18, 2026.

R-3

High-Density Residential District

The purpose of the High-density Residential (R-3) District is to designate areas appropriate for a variety of medium-density to high-density residential living environments, including apartments, townhouses, and condominiums. The maximum allowable density is 29 du per net acres. The minimum allowable density is 20 du per net acre. The R-3 District may only be applied to those urban areas of the county which have adequate utility, street, and public facility capacity.

Permitted uses

Include but are not limited to:

Community / recreation center
Rehabilitation center
Housing-Single unit
Housing-Multiple units
Housing-Student
Infrastructure
Bed & breakfast
Hotel / motel
Office
Housing-Mobile home park

Property details

Parking

Parking Information
Parking: Uncovered

Interior

Community Features
Laundry Hookup

Multi-Unit Information
# of Units: 8
Financial Info: Owner
Annual Gross Income: $53,880
Annual Net Income: $36,438
Income/Expense Info: Pro Forma
Total Annual Expense: $16,903

Unit Type 1 Information
# of Units: 6
# of Bedrooms: 1
# of Baths: 1
Actual Monthly Rent: $520

Unit Type 2 Information
# of Units: 1
# of Bedrooms: 1
# of Baths: 1
Actual Monthly Rent: $570

Unit Type 3 Information
# of Units: 1
# of Bedrooms: 1
# of Baths: 1
Actual Monthly Rent: $800

Exterior

Building Information
Stories: 1
Foundation: Slab
Roof: Composition

Exterior Features
Exterior Material: Stucco

Land & Farm Information
Census Tract: 02.00
Acres: 0.27

Lot Information
Lot Measurement: Square Feet
Zoning: R3

Property Information
Occupant Type: Tenant

Financial

Lease Information
Vacancy Factor: 1.00

Utilities

Utility Information
Heating & Cooling: Floor/Wall Heater
Sewer/Water: Sewer, Public Water

Location

School Information
Elementary Districts: Standard
Elementary School: Standard
Jr. High School: Standard
Sr. High School: North

Public facts

Beds: —
Baths: —
Sq. Ft.: 1,056
Stories: 1.0
Lot Size: 0.27 acres
Style: Multi-Family (5+ Unit)
Year Built: 1970
Year Renovated: 1970
County: Kern County
APN: 11328026001

Home facts updated by county records on Jun 18, 2026

Other

Listing Price Information
Price Per Unit: $74,375

Around this home

Schools

Standard Elementary School

Public K-5 • Assigned • 0.4mi

2/10

Standard Middle School

Public 6-8 • Assigned • 0.3mi

2/10

North High School

Public 9-12 • Assigned • 1.1mi

4/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

8/10 Heat Factor

7 days above 105° expected this year, 18 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

10/10 Air Factor

39 unhealthy days expected this year, 45 days in 30 years

Provided by First Street

Historical weather

Bakersfield, CA • 93308

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 11.8 hours in June and 5.2 hours in December, placing it above the U.S. average for solar exposure.

11.8 hrs

5.2 hrs

JuneDecember

Provided by Shadowmap

Is this your home?

Track this home’s value and nearby sales activity

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New listings for sale in 93308

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330 Francis St, Bakersfield, CA 93308

NEW 7 HRS AGO

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2 beds1 bath732 sq ft

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Reliant Realty

OPEN SAT, 12PM TO 3PM

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2028 Esther Dr, Bakersfield, CA 93308

NEW 10 HRS AGO

$314,999

3 beds1 bath1,040 sq ft

3010 Peerless Ave, Bakersfield, CA 93308

NEW 31 HRS AGO

$309,900

3 beds2 baths1,034 sq ft

115 Misty Meadow Dr, Bakersfield, CA 93308

OPEN SAT, 11AM TO 2PM

$780,000

3 beds2 baths2,554 sq ft

11901 Kern Riv, Bakersfield, CA 93308

OPEN SAT, 12PM TO 2PM

$580,000

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5101 Dewalt, Bakersfield, CA 93308

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Home values near 118 Decatur St

Data from public records.

Address	Redfin Estimate
114 Decatur Street, Bakersfield, CA 2 Beds \| 2 Baths \| 1440 Sq. Ft.	$299,893
123 Decatur Street, Bakersfield, CA 6 Beds \| 3 Baths \| 780 Sq. Ft.	$336,729

Address	Redfin Estimate
128 Decatur Street, Bakersfield, CA 3 Beds \| 1 Baths \| 1374 Sq. Ft.	$237,348
121 Decatur Street, Bakersfield, CA 2 Beds \| 1 Baths \| 690 Sq. Ft.	$215,743

Address	Redfin Estimate
125 Decatur Street, Bakersfield, CA 1 Beds \| 1 Baths \| 748 Sq. Ft.	$177,882
117 Decatur Street, Bakersfield, CA 3 Beds \| 1 Baths \| 981 Sq. Ft.	$245,266

Property information provided by GEMLS when last listed in 2021. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Market trends in 93308, CA

Sale history for 118 Decatur St

Tax history for 118 Decatur St

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Is this your home?

Nearby similar homes

New listings for sale in 93308

Home values near 118 Decatur St

More real estate resources