$399,000

249 E Marengo Ave Shafter, CA 93263

Estimated payment $2,297/month

Total Views 715
-- Bed
-- Bath
1,738 Sq Ft
$230 Price per Sq Ft

About This Home

Excellent investment opportunity to add to your portfolio. Live in one and rent the other, or keep both fully rented to reliable long -term tenants. No FHA loans. Cash or Conventional only.Front home offers living room, dining room, kitchen, plus 2 bedrooms and one bonus type room. It was updated in 2016 with new windows, color coated, inside plumbing and some electrical including electrical box. Bathroom was rebuilt with new walk in tiled shower(no tub). New roof 2024. Separate fenced yards. Inside laundry hookups. No garage. No AC. Extended driveway in front.Back home two bedroom, living room, dining room, kitchen, bathroom, wash room with hookups. It was updated in 2019 with new windows, rebuilt bathroom with tiled stand shower, wall heater. No garage, No AC. Alley access parking.Home is listed as duplex on profile. It is two free standing homes. Both homes have individual electric, gas, water and address. 249/251. One tax bill

Listing Agent

Jesse Corona

Miramar International-Riverwal License #01471767 Listed on: 08/04/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,341

Year Built

  • Built in 1935

Lot Details

  • 7,840 Sq Ft Lot

Home Design

  • Duplex

Interior Spaces

  • 1,738 Sq Ft Home
  • 1-Story Property
  • Heated Floors

Parking

  • 2 Car Parking Spaces
  • Uncovered Parking

Schools

  • Golden Oak Elementary School
  • Richland Middle School
  • Shafter High School

Listing and Financial Details

  • Assessor Parcel Number 02822208

Community Details

Overview

  • 2 Units

Building Details

  • Gross Income $28,800
  • Net Operating Income $26,300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,341

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1935
  • Building Stories: 1
  • Deposit Amount Required: 3500.00
  • Property Sub Type: Duplex
  • Lot Size Acres: 0.1800
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 1738.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking: 2.00
  • Parking Features: Uncovered

Utilities

  • Heatcool: Floor/Wall Heater

Schools

  • High School: Shafter
  • Middle Or Junior School: Richland

Lot Info

  • Zoning Description: R2
  • Lot Size Sq Ft: 7840.00
  • Parcel #: 02822208

Multi Family

  • Total Annual Expense: 2500.00
  • Vacancy Factor: 0.05
  • Number Of Units Total: 2
  • Existing Lease Type: Net
  • Annual Gross Income: 28800.00
  • Property Net Operating Income: 26300.00

MLS Schools

  • Elementary School: Golden Oak

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,341 $76,939 $29,591 $47,348
2024 $1,295 $75,431 $29,011 $46,420
2023 $1,295 $73,953 $28,443 $45,510
2022 $1,229 $72,504 $27,886 $44,618
2021 $1,114 $71,084 $27,340 $43,744
2020 $1,054 $70,356 $27,060 $43,296
2019 $1,053 $70,356 $27,060 $43,296
2018 $1,018 $67,626 $26,010 $41,616
2017 $1,012 $66,300 $25,500 $40,800
2016 $1,211 $87,000 $25,000 $62,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2025 08/04/25 For Sale $399,000 -- $230 / Sq Ft
Source: Bakersfield Association of REALTORS® / GEMLS

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202508783

Bakersfield Association of REALTORS® / GEMLS

APN: 028-222-08-00-4