3518 N CHESTER, Bakersfield, CA 93308

Local realty services provided by:Better Homes and Gardens Real Estate Property Shoppe
3518 N CHESTER,Bakersfield, CA 93308
$599,000
  • - Beds
  • - Baths
  • 3,256 sq. ft.
  • Multi-family
  • Active
Listed by: marc thurston
Office: asu commercial
MLS#:202601333
Source:BF

Price summary

  • Price:$599,000
  • Price per sq. ft.:$183.97

About this home

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.

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Home facts

  • Year built:1968
  • Listing ID #:202601333
  • Added:1 day(s) ago
  • Updated:February 06, 2026 at 02:42 AM

Rooms and interior

  • Living area:3,256 sq. ft.

Heating and cooling

  • Cooling:Evaporative
  • Heating:Floor/Wall Unit

Structure and exterior

  • Year built:1968
  • Building area:3,256 sq. ft.
  • Lot area:0.21 Acres

Schools

  • High school:North
  • Middle school:Standard
  • Elementary school:Highland

Finances and disclosures

  • Price:$599,000
  • Price per sq. ft.:$183.97
“nformationdeemed reliable, but not guaranteed. Copyright Golden Empire MLS, Inc. 2026.