1018 Miller Bakersfield, CA ^$ 1,060,000

1018 Miller

^$ 1,060,000

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Recently Listed

1018 Miller

Bakersfield, CA, 93305

^$ 1,060,000

Studio Baths1.0 Sq 3,808

Monthly Estimate*

^$ 6,693

Listed by Central Valley Property Adviso

1018 Miller, Bakersfield, CA 93305 - Image 1

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Studio

Multi-Family Home for sale in Bakersfield, CA

for $1,060,000 with 1 full bath. This 3,808 square foot home was built in 1950 on a lot size of 0.2307.

Located at 1018 Miller St in Bakersfield, CA, this well-positioned 10-unit multifamily asset offers a uniform floor plan of 1-bedroom, 1-bathroom units, providing operational simplicity and broad tenant appeal. The property currently generates gross annual income in excess of $103,000, reflecting consistent, in-place cash flow from a fully uniform unit mix. Bakersfield's steady rental demand, driven by its diverse local economy and relative affordability compared to coastal California markets, supports continued occupancy strength and upside potential through future rent growth or value-add improvements. With uniform units simplifying maintenance and management, 1018 Miller St presents an attractive opportunity for investors seeking a well-positioned, income-producing multifamily asset in a growing Central Valley submarket.

Multi-Family Active

Price

^$ 1,060,000

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.2307

Year Built

1950

Town/City

Bakersfield

County/Region

Kern

MLS | Web ID

OC26186246

Days on Market

Features

General

Sewer Public Sewer

Garage Spaces 0

Pool Features None

Year Built 1950

Property Subtype Apartment

Gross Income 103560

Community Features Sidewalks

County Kern

Net Operating Income 67314

Operating Expense 36246

Insurance Expense 0

New Construction false

Property Type Residential Income

Garage Y/N false

Special Listing Conditions Standard

Status Active

Directions Exit off 178 hwy

City Bakersfield

Entry Location 1

Senior Community Y/N false

Number Of Units Total 10

MLS Area BKSF - Bakersfield

Lot Size Units Square Feet

Lot Size Square Feet 10051

Listing Terms Cash Conventional 1031 Exchange

Property Attached Y/N false

Land Lease Y/N false

Electric Expense 0

Fuel Expense 0

Trash Expense 0

Water Sewer Expense 0

Additional Parcels Y/N false

Rent Control Y/N false

Building Area Units Square Feet

Standard Status Active

Year Built Source Assessor

Tax Lot 1

Property Sub Type Additional Apartment

Interior

Total Stories 2

Common Walls No Common Walls

Laundry Features None

Entry Level 1

Exterior

Lot Features 0-1 Unit/Acre

Water Source Public

Total Parking 0

Lot Size Area 10051

Number of Buildings 4

Building Area Total 3808

Lot Size Acres 0.2307

Private Pool false

Lot Size Source Assessor

Number of Separate Water Meters 1

Number of Separate Gas Meters 10

Number of Separate Electric Meters 10

* Excluded Features

List By

Central Valley Property Adviso

Broker

ERIC@centralvalleypropertyadvisors.com

Affordability Calculator

$6,693

Per Month

Monthly Principal & Interest: $6,693
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.49% 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 ^$793,161

Percent of Sale Price 25%

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.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
8/25/2026	$1,060,000		Listed Price

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1018 Miller, Bakersfield, CA, 93305 is a Multi-Family Home for sale at $1,060,000 with 3,808 sqft and a lot size of 0.2307. 1018 Miller is a studio with 1.0 baths and was built in 1950. 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 6.49% 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.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 8/26/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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1018 Miller

Multi-Family Home for sale in Bakersfield, CA

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