$650,000

$650,000

Est. $4,303/mo · 20% down · 6.5% · 30yr

1807 Madison Street, Bakersfield, CA, 93307

MLS# 202607591

Active
1807 Madison Street — photo 1
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2beds
1baths
1,616sqft
1.08acres
1942built
New listing

About this home

Here's an opportunity to live in your own home, with a possible income producing property on the same huge lot! Perfect for a first-time buyer or investor looking for monthly income. Two houses on one lot. Single family 2 bedroom 1 bath + 2 bedroom 1 bath guest house with covered carport & detached storage building with over 1 Acre Parcel. Excellent investment opportunity for someone with vision or builder to hold rent and develop later. R-3 zoning offers the opportunity to build up to 18 units. Curently first house is rented for $1600 and second house for $500. No L/B, Tenant occupied. R-3 Zone

Property Details

💰

$650,000

Price

🛏

2 bd

Bedrooms

🚿

1 ba

Bathrooms

📐

1,616 sqft

Living Area

🌿

1.08 acres

Lot Size

🏗️

1942

Year Built

🚗

0 car

Garage

🏠

Single Family Residence

Type

📅

New today

Days Listed

✓ Active ListingBakersfield, CA 93307

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Loan Type

Loan Term

$650,000
%
3%50%
$32,500 down
%
3%12%
%
$
$

Total Monthly (PITI+MI)

$4,927

Principal · Interest · Taxes · Insurance · MI

Principal & Interest$3,903
Property Taxes / mo$677
Home Insurance / mo$120
PMI (Mortgage Insurance)$226
Total Est. Payment$4,927
LTV95.0% · MI Required
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Neighborhood Snapshot

Bakersfield · 93307

Market Stats

Active Listings

185

ZIP 93307

Median List Price

$366K

ZIP 93307

Avg Days on Market

89

Bakersfield avg

Sale / List Price

98.5%

avg ratio

1807 Madison Street, Bakersfield, CA, 93307

Listed by: Harpreet Singh, Matrixx Realty

MLS#: 202607591 · Source: Bakersfield AOR · Updated: Jul 14, 2026

Based on information from Golden Empire MLS, Inc. (a subsidiary of Bakersfield Association of REALTORS®, Inc.). All data is obtained from various sources and has not been verified. Full disclaimer

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