Multi Family homes for sale & real estate in Bakersfield, CA

Multi Family Home for sale in Bakersfield, CA:

An incredible opportunity to own a home and generate income at the same time!This charming property features two units, offering flexibility for investors, owner-occupants, or those looking to offset their mortgage. The front unit is a spacious 3-bedroom, 2-bath home complete with an office, indoor laundry, beautiful wood flooring throughout, and a 2-car garage. It's currently occupied by a reliable long-term tenant. Unit B is a 2-bedroom, 1-bath home that is vacant and move-in ready, giving you the perfect chance to add your own tenantor even live in it yourself. Current rents are:Front Unit: $1,492Unit B (projected): $943With low operating expenses and solid rental income, this property d

Multi Family Home for sale in Bakersfield, CA:

Introducing 548 Yellow Meadow Court, a solid investment opportunity in the desirable North Meadows submarket of North Bakersfield. This 2004-built fourplex offers an ideal unit mix with two 2-bed/2-bath units and two 3-bed/2-bath units. Each residence includes in-unit laundry hookups and an attached 2-car garage with direct access, enhancing tenant appeal and long-term stability. Property located within 1.5 miles of the Amazon Distribution Center and two industrial parks. Current rents range from $1,520 to $1,800, generating an annual gross scheduled income of $80,640.

Multi Family Home for sale in Bakersfield, CA:

Introducing a high-performing investment opportunity: a well-maintained duplex featuring two spacious 3-bedroom, 1-bath units, delivering an impressive 8% cap rate. Large 3-bedroom rentals remain in strong demand, making this property a reliable income generator with minimal vacancy risk. Each unit offers a comfortable and functional layout, ideal for long-term tenants and families. Whether you're expanding your portfolio or seeking a property where you can live in one unit and rent the other, this duplex provides excellent cash flow from day one. With a solid return and room to add value through future improvements, this is the kind of investment that checks every box.