509 Niles Street Bakersfield, CA ^$ 230,000

509 Niles Street

^$ 230,000

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509 Niles Street

Bakersfield, CA, 93305

^$ 230,000

Studio Baths0.0 Sq 1,535

Monthly Estimate*

^$ 1,416

509 Niles Street, Bakersfield, CA 93305 - Image 1

509 Niles Street, Bakersfield, CA 93305 - Image 2

509 Niles Street, Bakersfield, CA 93305 - Image 3

Studio

Multi-Family Home for sale in Bakersfield, CA

for $230,000. This 1,535 square foot home was built in 1909.

Fully occupied Properties, all units are section 8 tenants and are due for rent increases. Great 1031 exchange opportunity or portfolio value add deal. Contact me for more info.

Multi-Family Pending

Price

^$ 230,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 0

Style

Duplex

Year Built

1909

Town/City

Bakersfield

County/Region

Kern

MLS | Web ID

202602817

Features

Exterior

Parking Features Uncovered

Garages 0

Parking 0.00

Lot Size Source (Public Record)

General

Year Built 1909

Neighborhood Old Town Kern

Subdivision Bakersfield

Stories Count 1

Property Subtype Duplex

Gross Income 21492.00

County Kern

Net Operating Income 18492.00

Property Type Residential Income

Close Price 0.00

Status Pending

High School Bakersfield

City Bakersfield

Disclosures None of the Above

Number Of Units Total 2

MLS Area 31

Lot Size Units SqFt

Lot Size Square Feet 7405.00

Elementary School Longfellow

Middle/Junior High School Washington

Elementary School District Bakersfield City

Cap Rate 0.08

Internal Only

Street Number 1 509

* Excluded Features

List By

Joshua Stone

Listing Agent

Benchmark Real Estate Group

Broker

josh@benchmarkregrp.com

Affordability Calculator

$1,416

Per Month

Monthly Principal & Interest: $1,416
Monthly Property Taxes: --
Monthly Home Insurance: --

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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.

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Nearby

Trends
Schools

Multi-family listings in Bakersfield, CA

Average List Price ^$817,256

Percent of Sale Price 255%

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.

1905314 Elementary School

1905288 Middle School

Bakersfield High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/16/2026	$230,000		Listed Price

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509 Niles Street, Bakersfield, CA, 93305 is a Multi-Family Home for sale at $230,000 with 1,535 sqft. 509 Niles Street is a studio with 0.0 baths and was built in 1909. The property's zip code is 93305 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 3/16/2026. 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.

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509 Niles Street

Multi-Family Home for sale in Bakersfield, CA

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