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Other
Exterior
Kitchen
Entry Way
Bath
Living
Bedroom

249 E Marengo Ave, Shafter, CA 93263

$265,000
Last sold 07/07/2026
—
bed
—
bath
1,738
Sqft ($152/Sqft)

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About 249 E Marengo Ave

Property type House

Neighborhood

Year built 1935

HOA fee $0/month

Lot size 7,840 Sqft

Movoto estimate

Rental estimate

Property description

Excellent investment opportunity to add to your portfolio. Live in one and rent the other, or keep both fully rented. No FHA loans. Cash or Conventional only.Front home offers living room, dining room, kitchen, plus 2 bedrooms and one bonus type room. It was updated in 2016 with new windows, color coated, inside plumbing and some electrical including electrical box. Bathroom was rebuilt with new walk-in tiled shower (no tub). New roof 2024. Separate fenced yards. Inside laundry hookups Window AC and wall heater. Extended driveway in front for RV. Back home two bed room, living room, dining room, kitchen, bathroom, laundry with hookups. It was updated in 2019 with new windows, rebuilt bathroom with tiled stand shower, wall heater. No garage, Window AC and wall heater. Roof new in 2024. Hotwater heater new 2026. Alley access parking. Home is listed as duplex on profile. It is two free standing homes. Both homes have individual electric, gas, water and address. 249/251. One tax bill

Listed by

Listing Agent - Jesse Corona

Listing Agent Contact: 661-706-3379

Listing Office - Miramar Realty

Source: GEMLS

MLS#202602509 • last updated 1 month ago

Movoto checked GEMLS for data 13 minutes ago

Overview
Cooling/AC	Floor/Wall Heater
Levels/Style	1
MLS #	202602509
SqFt	1738
SubType	Duplex
Status	Sold
Type	Residential Income
Lot Size (SqFt)	7840
Year Built	1935

Exterior
# Parking Spaces	2
Parking	Uncovered

Location
County	Kern
Middle School	Richland
High School	Shafter
Elementary School	Golden Oak
Elementary School District	Richland
APN	2822208

Multifamily Details
Total # of Units	2
Vacancy Factor	0.05
Annual Net Income	26300
Cap Rate %	0.1
Annual Gross Income	28800
Total Annual Expense	2500

$294K

Range: $249K-$338K

Last 30 days

Rental est.: $1,483/month

• Gross rent multiplier: 14.9

Lower your payment with the loan terms that fit you.

Jul 2026
MLS # 202602509
Jul 7, 2026 Sold
$265,000 (-24.1%)
Jun 18, 2026 Pending
—
Mar 9, 2026 Listed
$349,000 (-8.2%)
Aug 2025
MLS # 202508783
Aug 16, 2025 Price Change
$380,000 (-4.8%)
Aug 4, 2025 Listed
$399,000
Aug 2025
MLS # 202508743
Aug 4, 2025 Listed
$399,000 (+513.8%)
Jun 2016
Public Records
Jun 21, 2016 Sold
$65,000 (+80.6%)
Nov 2007
Public Records
Nov 21, 2007 Sold
$36,000

249 E Marengo Ave
$265K
95
—
93263
$465K +3% y/y
Shafter
$465K +3% y/y

No chart available

Statistics calculated by Movoto

	Est. value	Bed/bath	Sqft	mi
257 E Marengo Ave, Shafter, CA 93263	$194,000	2/1	836	0.01
243 E Marengo Ave, Shafter, CA 93263	$228,000	2/1	1,093	0.01
241 E Marengo Ave, Shafter, CA 93263	$215,000	2/1	1,237	0.02
233 E Marengo Ave, Shafter, CA 93263	$226,000	2/1	884	0.03
232 E Marengo Ave, Shafter, CA 93263	$189,000	3/1	823	0.03
225 E Marengo Ave, Shafter, CA 93263	$194,000	3/1	884	0.04
272 E Marengo Ave, Shafter, CA 93263	$245,000	4/2	1,344	0.04
224 E Marengo Ave, Shafter, CA 93263	$252,000	3/1	1,064	0.05

Estimated values are based on public record data and automated valuation models. Values are not guaranteed and may not reflect current market conditions.