Fantastic Investment Opportunity in Downtown Bakersfield. Welcome to 139 Martin Luther King Blvd, a prime 4-unit multi-family property located in the heart of Bakersfield. This fully updated investment gem features four spacious units, each offering 2 bedrooms and 1.5 bathrooms—ideal for tenants seeking comfortable and modern living spaces. Nestled in the vibrant downtown area, this property is within walking distance to Bakersfield College, public transportation, and a variety of local amenities, making it a highly desirable location for renters. Key Features: Turnkey Property: All four units are fully updated, ensuring low maintenance and modern appeal. Reliable Tenants: Currently leased to the Bakersfield Housing Authority under their hassle-free program, providing consistent and dependable income. Ample Parking: The property boasts an abundance of parking spaces, a rare find in downtown Bakersfield. ADU Potential: With room to add two Accessory Dwelling Units (ADUs), this property offers incredible potential to increase rental income. This is a rare opportunity to own a solid, income-generating property in one of Bakersfield’s most sought-after neighborhoods. Whether you’re a seasoned investor or just starting your portfolio, 139 Martin Luther King Blvd is a smart addition to any real estate portfolio.
Current real estate data for Single Family in Bakersfield as of Apr 11, 2026
454
Single Family Listed
69
Avg DOM
236
Avg $ / SqFt
$490,735
Avg List Price
Property Details
Price:
$648,000
MLS #:
DW26069323
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Single Family Residence
Neighborhood:
bksfbakersfield
Listed Date:
Apr 3, 2026
Total Sq Ft:
3,520
Lot Size:
10,066 sqft / 0.23 acres (approx)
Year Built:
1983
Schools
Interior
Cooling
WW
Heating
WL
Laundry Features
AR
Levels
A
Exterior
Common Walls
NCW
Community Features
SDW, STM, SL
Roof
CMP
Spa Features
NO
View
NO
Financial
Map
Contact Us
Mortgage Calculator
Community
- Address139 Dr Martin Luther King Jr BL Bakersfield CA
- CityBakersfield
- CountyKern
- Zip Code93307
Property Summary
- 139 Dr Martin Luther King Jr BL Bakersfield CA is a Single Family for sale in Bakersfield, CA, 93307. It is listed for $648,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1983. The average price per square foot for Single Family listings in Bakersfield is $236. The average listing price for Single Family in Bakersfield is $490,735. To schedule a showing of MLS#dw26069323 at 139 Dr Martin Luther King Jr BL in Bakersfield, CA, contact your Outland and Associates / JoAnn Outland agent at 8054417754.
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Courtesy of The Ave. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than Outland and Associates / JoAnn Outland include the name of the listing broker. Neither the listing company nor Outland and Associates / JoAnn Outland shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved. 139 Dr Martin Luther King Jr BL
Bakersfield, CA