Fantastic opportunity to own 723 Lincoln Avenue, the most affordable triplex in the area! Whether you're a seasoned investor or buying your first income property, this triplex is a smart addition to any portfolio. Each unit offers approx 700 s.f. with 2 bedrooms and 1 bath, providing highly desirable layouts for tenants. One unit has been recently renovated with vinyl plank flooring, carpet, fresh paint. The other two units feature long-term tenants, and all 3 are currently occupied, providing for immediate rental income. Current rents are conservative, leaving plenty of upside potential for increased cash flow. Located in a strong rental area, this property combines affordability, stability and growth potential in one package. Don't miss the chance to secure an income-producing asset with built-in value and room for appreciation!
Sold
$360,000
723 Lincoln Ave, Bakersfield, CA 93308
--beds
--baths
2,117sqft
Multi Family
Built in 1967
-- sqft lot
$362,500 Zestimate®
$170/sqft
$1,214 Estimated rent
Home value
$362,500
$326,000 - $406,000
$1,214/mo
Zestimate® history
Owner options
List your home for rent
$1,214/mo
Rent Zestimate®
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$1,214/mo
Rent Zestimate®
Refinance and save
$2,314/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$2,314/mo
Est. payment
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List your homeWhat's special
Fresh paintVinyl plank flooring
Zillow last checked:
Listing updated:
Listed by:
Adam G. Belter DRE #01896162 661-616-3600x6282 Adam@TheBelterGroup.com,
Coldwell Banker Preferred,RLT
Bought with:
Thomas E. Mestmaker II, DRE #02238494
Coldwell Banker Preferred,RLT
Source: Bakersfield AOR,MLS#: 202510712
Facts & features
Interior
Interior area
- Total structure area: 2,117
- Total interior livable area: 2,117 sqft
Property
Parking
- Total spaces: 2
- Parking features: Open
- Has uncovered spaces: Yes
Features
- Levels: One
Lot
- Size: 6,969 Square Feet
Details
- Parcel number: 11305201
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1967
Community & HOA
Location
- Region: Bakersfield
Financial & listing details
- Price per square foot: $170/sqft
- Tax assessed value: $76,438
- Annual tax amount: $3,753
- Date on market: 9/19/2025
- Cumulative days on market: 28 days
Price history
| Date | Event | Price |
|---|---|---|
| 11/24/2025 | Pending sale | $335,000-6.9%$158/sqft |
Source:  Bakersfield AOR #202510712 Report a problem | ||
| 11/20/2025 | Sold | $360,000+7.5%$170/sqft |
Source: Bakersfield AOR #202510712 Report a problem | ||
| 9/19/2025 | Listed for sale | $335,000$158/sqft |
Source: Bakersfield AOR #202510712 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,753 +4.3% | $76,438 +2% |
| 2024 | $3,598 +4.1% | $74,940 +2% |
| 2023 | $3,458 +9.5% | $73,472 +2% |
| 2022 | $3,157 | $72,033 +2% |
| 2021 | -- | $70,621 +1% |
| 2020 | $2,727 +1.2% | $69,898 |
| 2019 | $2,695 +3.9% | $69,898 +4% |
| 2018 | $2,593 +2.4% | $67,185 +2% |
| 2017 | $2,531 +3.4% | $65,868 +2% |
| 2016 | $2,448 +1.7% | $64,577 +1.5% |
| 2015 | $2,407 +1.9% | $63,608 +2% |
| 2014 | $2,362 | $62,363 +0.5% |
| 2013 | -- | $62,083 +2% |
| 2012 | $2,059 +0.8% | $60,867 +2% |
| 2011 | $2,041 +0.5% | $59,675 +0.8% |
| 2010 | $2,030 +0.3% | $59,230 -0.2% |
| 2009 | $2,025 +2.8% | $59,372 +2% |
| 2008 | $1,970 +2.6% | $58,209 +2% |
| 2007 | $1,920 +12.4% | $57,068 +2% |
| 2006 | $1,708 +4.2% | $55,950 +2% |
| 2005 | $1,639 +1.3% | $54,854 |
| 2004 | $1,618 +5.1% | $54,854 +1.9% |
| 2003 | $1,540 | $53,849 +4% |
| 2002 | $1,540 +1.6% | $51,760 +2% |
| 2001 | $1,516 | $50,746 |
| 2000 | -- | $50,746 |
Find assessor info on the county website
Neighborhood: Oildale
Nearby homes
- $304,8002 bd1 ba-- sqft723 Lincoln Ave #C, Bakersfield, CA 93308Off Market
- $304,8002 bd1 ba-- sqft723 Lincoln Ave #A, Bakersfield, CA 93308Off Market
- $405,7006 bd3 ba2.4k sqft721 Lincoln Ave, Bakersfield, CA 93308Off Market
- $336,5002 bd1 ba2.4k sqft719 Lincoln Ave, Bakersfield, CA 93308Off Market
- $261,6003 bd2 ba1k sqft801 Lincoln Ave, Bakersfield, CA 93308Off Market
- $251,1004 bd1 ba1.5k sqft808 Grant Dr, Bakersfield, CA 93308Off Market
- $--2 bd1 ba850 sqft717 Lincoln Ave #B, Bakersfield, CA 93308Off Market
- $326,5002 bd1 ba850 sqft717 Lincoln Ave, Bakersfield, CA 93308Off Market
Nearby schools
GreatSchools rating
- 3/10North Beardsley Elementary SchoolGrades: K-6Distance: 0.3 mi
- 5/10Beardsley Junior High SchoolGrades: 7-8Distance: 0.5 mi
- 4/10North High SchoolGrades: 9-12Distance: 1.1 mi
Schools provided by the listing agent
- Elementary: Standard
- Middle: Standard
- High: North
- District: Standard
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
$362,500
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$362,500
- California
- Kern County
- Bakersfield
- 93308
- Oildale
- 723 Lincoln Ave
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