**We will be doing a walkthrough for all interested parties 3/7/24 @ 3PM-3:45PM** Investment Opportunity Alert! Prime Bakersfield location! This duplex on 509 Lincoln Ave, CA 93305, boasts a 2-bed + bonus room, 1-bath unit in the front and a separate 1-bed, 1-bath unit in the rear. Currently generating rental income with the rear unit leased at $640/month. The front unit is vacant, offering potential for increased returns or owner occupancy. Don't miss out on this chance to add to your investment portfolio in a desirable neighborhood. Ideal for savvy investors or owner-occupants looking for rental income. Grab this gem before it's gone!
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$275,000
509 Lincoln St, Bakersfield, CA 93305
--beds
--baths
1,512sqft
Multi Family
Built in 1924
-- sqft lot
$298,900 Zestimate®
$182/sqft
$1,575 Estimated rent
Home value
$298,900
$278,000 - $320,000
$1,575/mo
Zestimate® history
Owner options
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$1,575/mo
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$1,575/mo
Rent Zestimate®
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$1,778/mo
Est. payment
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$1,778/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Esteban Contreras DRE #01975384 661-617-0074 esteban@vanguardrealtyinvestments.com,
Central Valley Property Adviso
Bought with:
Christopher M. Choate, DRE #02136737
Keller Williams Realty
Source: Bakersfield AOR,MLS#: 202401378
Facts & features
Interior
Interior area
- Total structure area: 1,512
- Total interior livable area: 1,512 sqft
Property
Parking
- Parking features: Open
- Has uncovered spaces: Yes
Features
- Levels: One
Lot
- Size: 7,404 Square Feet
Details
- Parcel number: 01311003
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1924
Community & HOA
Community
- Subdivision: Bernard Addition
Location
- Region: Bakersfield
Financial & listing details
- Price per square foot: $182/sqft
- Tax assessed value: $280,500
- Annual tax amount: $4,543
- Date on market: 2/9/2024
- Cumulative days on market: 45 days
Price history
| Date | Event | Price |
|---|---|---|
| 4/9/2024 | Sold | $275,000+3.8%$182/sqft |
Source:  Bakersfield AOR #202401378 Report a problem | ||
| 2/29/2024 | Listed for sale | $265,000$175/sqft |
Source: Bakersfield AOR #202401378 Report a problem | ||
| 2/22/2024 | Pending sale | $265,000$175/sqft |
Source: Bakersfield AOR #202401378 Report a problem | ||
| 2/9/2024 | Listed for sale | $265,000+29.3%$175/sqft |
Source: Bakersfield AOR #202401378 Report a problem | ||
| 12/31/2023 | Listing removed | -- |
Source: Bakersfield AOR #202110484 Report a problem | ||
| 12/30/2021 | Sold | $205,000+5.1%$136/sqft |
Source: Bakersfield AOR #202110484 Report a problem | ||
| 10/11/2021 | Pending sale | $195,000$129/sqft |
Source: Bakersfield AOR #202110484 Report a problem | ||
| 9/24/2021 | Listed for sale | $195,000$129/sqft |
Source: Bakersfield AOR #202110484 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,543 +21.3% | $280,500 +31.5% |
| 2024 | $3,746 +2.4% | $213,282 +2% |
| 2023 | $3,660 +2.8% | $209,100 +2% |
| 2022 | $3,561 | $205,000 +132% |
| 2021 | -- | $88,346 +1% |
| 2020 | $1,948 +1.9% | $87,441 |
| 2019 | $1,911 +8.3% | $87,441 +16.6% |
| 2018 | $1,765 +1.3% | $75,000 +2.7% |
| 2017 | $1,743 +15.8% | $73,000 +10.6% |
| 2016 | $1,504 +4.5% | $66,000 +8.2% |
| 2015 | $1,439 +7.4% | $61,000 +10.9% |
| 2014 | $1,340 | $55,000 -5.2% |
| 2013 | -- | $58,000 +26.1% |
| 2012 | $1,261 -0.3% | $46,000 |
| 2011 | $1,265 -19.7% | $46,000 -37.9% |
| 2010 | $1,576 +5.2% | $74,093 -0.2% |
| 2009 | $1,499 +4.5% | $74,270 +2% |
| 2008 | $1,434 +4.5% | $72,815 +2% |
| 2007 | $1,373 +6.4% | $71,388 +2% |
| 2006 | $1,291 -3.1% | $69,989 +2% |
| 2005 | $1,331 +0.8% | $68,617 |
| 2004 | $1,320 -3% | $68,617 +1.9% |
| 2003 | $1,362 | $67,360 +4% |
| 2002 | $1,362 -13.8% | $64,746 +2% |
| 2001 | $1,580 | $63,477 |
| 2000 | -- | $63,477 |
Find assessor info on the county website
Neighborhood: College Heights - Baker Street
Nearby homes
- $287,700-- bd-- ba1.3k sqft515 Lincoln St, Bakersfield, CA 93305Off Market
- $1,5753 bd1 ba1.5k sqft507 Lincoln St, Bakersfield, CA 93305For Rent
- $--3 bd1 ba1.5k sqft507 Lincoln St #507, Bakersfield, CA 93305Off Market
- $1,4953 bd1 ba1.5k sqft507 Lincoln St UNIT B, Bakersfield, CA 93305For Rent
- $--2 bd1 ba600 sqft507 Lincoln St #1/2, Bakersfield, CA 93305Off Market
- $177,2002 bd1 ba781 sqft519 Lincoln St, Bakersfield, CA 93305Off Market
- $241,5002 bd2 ba1.2k sqft501 Lincoln St, Bakersfield, CA 93305Off Market
- $229,1002 bd1 ba1.4k sqft521 Lincoln St, Bakersfield, CA 93305Off Market
Nearby schools
GreatSchools rating
- 2/10Jefferson Elementary SchoolGrades: K-6Distance: 0.3 mi
- 1/10Abraham Lincoln Jr. HighGrades: 7-8Distance: 1.2 mi
- 4/10East Bakersfield High SchoolGrades: 9-12Distance: 1.6 mi
Schools provided by the listing agent
- Elementary: Jefferson_Bak
- Middle: Stiern, Walter
- High: Highland
- District: Bakersfield City
Source: Bakersfield AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$298,900
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Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$298,900
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