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Downtown Bakersfield Multifamily Homes & Duplexes for Sale

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    $850,000

    • 890 Sq Ft

    3208 Jewett Ave, Bakersfield, CA 93301

    On the market right under appraised value! Turnkey Investment Opportunity - Fully Occupied New 4-Unit Apartment with Owned Solar & Secure Gated Entry. This apartment consists of a 2 bed 1 bath mix for each unit with a 7.31% Cap Rate. Discover a prime investment opportunity with this income-generating property. Ready for investors seeking immediate cash flow. With its brand-new construction, this

    Andrea Palacios Wayside, Realtors®

    3208 Jewett Ave, Bakersfield, CA 93301
  • /11

    $1,750,000

    • 3,610 Sq Ft

    2115 G St, Bakersfield, CA 93301

    We are honored to exclusively bring to market this 12-unit multifamily investment with a clear, proven path to higher returns. With 5 of 12 units already remodeled, the groundwork is laid for a new investor to step in, complete the remaining upgrades, and unlock significant rental growth in a stabilized asset. This property is already producing strong in-place cash flow, backed by key exterior

    Esteban Contreras Watson Realty

    2115 G St, Bakersfield, CA 93301

Why Live in Downtown Bakersfield

Downtown Bakersfield offers a diverse living experience with a mix of historic and modern homes. East of Chester Avenue, the area is primarily commercial, with some single-family homes and apartments in natural shades. West of Chester Avenue, in Westchester, you’ll find custom homes dating back to the 1910s, each with unique characteristics. The neighborhood is known for its local wineries, city parks, and art museums, providing plenty of things to do. Jastro Park features lighted athletic courts, a splash pad, and a playground, while the Kern River Parkway Bike Trail offers a 30-mile route for cyclists. Central Park at Mill Creek provides a serene escape with creek views and paved paths. Downtown Elementary School and Bakersfield High School are highly rated, serving the local student population. Residents enjoy a variety of dining options, including wine bars on 18th Street and Chester Avenue, burgers and shakes at The 18hundred, and homemade ice cream at Rosemary’s Family Creamery. Entertainment options include Maya Cinemas, the historic Bakersfield Fox Theater, and the Bakersfield Museum of Art, which hosts events like Art After Dark and First Fridays. The neighborhood is safer than the national average, with Memorial Hospital and several GET bus stops conveniently located. The Bakersfield Amtrak station is also centrally situated, enhancing connectivity.

Home Trends in Downtown Bakersfield, CA

Housing Trends

Median Sale Price
$207,500
Median Single Family Sale Price
$207,500
Average Price Per Sq Ft
$226
Last 12 months Home Sales
16
Median List Price
$215,900
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-6%
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