About This Home

This 0-bedroom, 0-bathroom residential multi family at 1018 Miller Street in Bakersfield, CA is listed for $1,055,000 ($277 per sqft). Built in 1950, the home offers 3,808 sqft of living space on a 0.23 acres lot.

Key Features

  • Built in 1950
  • 0.23 acre lot
  • 2 stories

Property Details

2 stories
1950
Listing Description

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.

Monthly Cost Estimate

$5,642/mo

20% down · 6.5% · 30 years

Principal$763
Interest$4,572
Insurance$308

Estimates only. Actual payments may vary.

Location

1018 Miller Street

Bakersfield, CA 93305

Questions & Answers

This 0-bedroom, 0-bathroom residential multi family at 1018 Miller Street is listed at $1,055,000 ($277/sqft). The estimated monthly payment is $5,643 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1950, 0.23 acre lot, 2 stories.

This property is listed by Eric VanDenk.

EV

Eric VanDenk

Agent at Central Valley Property Advisors

Listed by Central Valley Property Advisors · Broker phone: (419) 206-7117 · View on Broker Site

MLS# 202607255· Source: Golden Empire MLS, Inc.· 113 days on PropertySimple

Copyright © 2026 Golden Empire MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1018 Miller Street, Bakersfield, CA 93305

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