3518 N Chester Bakersfield, CA ^$ 599,000

3518 N Chester

^$ 599,000

Back to search

Recently Listed

3518 N Chester

Bakersfield, CA, 93308

^$ 599,000

Studio Baths0.0 Sq 3,256

Monthly Estimate*

^$ 3,688

3518 N Chester, Bakersfield, CA 93308 - Image 1

3518 N Chester, Bakersfield, CA 93308 - Image 2

Studio

Multi-Family Home for sale in Bakersfield, CA

for $599,000. This 3,256 square foot home was built in 1968.

Offered at $599,000 (under $100,000 per unit), 3518 N. Chester Ave presents a compelling value-add opportunity in Bakersfield. This 6-unit apartment building, constructed in 1968, features six 1-bedroom/1-bath units with current rents ranging from $700-$850, offering clear upside through gradual rent growth. The property benefits from a capital improvement plan, including new electrical subpanels scheduled for completion by early April 2026, reducing future maintenance risk and enhancing long-term stability. Well-positioned for investors seeking affordable entry pricing, solid in-place income, and the ability to increase returns over time, this asset is an attractive addition to a growing multifamily portfolio.

Multi-Family Active

Price

^$ 599,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 0

Style

5 - 10 Units

Year Built

1968

Town/City

Bakersfield

County/Region

Kern

MLS | Web ID

202601333

Features

Exterior

Parking Features Uncovered

Garages 0

Parking 0.00

Lot Size Source (Public Record)

General

Year Built 1968

Neighborhood Highland Park

Stories Count 1

Property Subtype 5 - 10 Units

Gross Income 56700.00

County Kern

Net Operating Income 22632.00

Property Type Residential Income

Close Price 0.00

Status Active

High School North

City Bakersfield

Disclosures None of the Above

Number Of Units Total 6

MLS Area 22

Lot Size Units SqFt

Lot Size Square Feet 9147.00

Elementary School Highland

Middle/Junior High School Standard

Cap Rate 0.04

Internal Only

Street Number 1 3518

* Excluded Features

List By

Marc A Thurston

Listing Agent

Asu Commercial

Broker

thurston@asuassociates.com

Affordability Calculator

$3,688

Per Month

Monthly Principal & Interest: $3,688
Monthly Property Taxes: --
Monthly Home Insurance: --

Set your offer price

Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

THE TIME TO SELL IS NOW! What's my home worth?

Nearby

Trends
Schools

Multi-family listings in Bakersfield, CA

Average List Price ^$689,417

Percent of Sale Price 15%

About Bakersfield, CA

383,374 Population

50% Since 2002

^$58,566 Median Income

32.94 Median Age

40% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

1904963 Elementary School

4817475 Middle School

North High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
2/5/2026	$599,000		Listed Price

Map

More homes like this one

homes for you

See all

3518 N Chester, Bakersfield, CA, 93308 is a Multi-Family Home for sale at $599,000 with 3,256 sqft. 3518 N Chester is a studio with 0.0 baths and was built in 1968. The property's zip code is 93308 which is in Bakersfield, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this web site comes in part from the Golden Empire MLS IDX Database. Real estate listings held by brokerage firms other than Weichert Realtors include the name of the listing broker.

The information being provided is for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information from Golden Empire MLS, Inc., as of 2/5/2026. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

*Full Name

*Email

*Phone

I am interested in financing options

Get more info

By submitting the form, you agree that Weichert^® may contact you via phone or text about your inquiry, which may involve the use of automated means. You are not required to consent as a condition of purchasing any property, goods or services. For any other information please read our privacy policy.

Get more info

Looking for an Associate?

Already Working with an Associate?

3518 N Chester

Multi-Family Home for sale in Bakersfield, CA

Affordability Calculator

Map

More homes like this one

Get more info about this home