Conveniently located in the heart of Merced. Both units are currently occupied, highlighting the high demand for rental properties in this college town. Covered parking, as well as two garages, provide ample space for vehicles. Separate gas and electric meters for each unit, ensuring convenient utilities management. This property offers an amazing return on investment. Multi unit with the possibilty to build another unit.
Multi-familyProperty Type
1945Year Built
5,000 sq ftLot Size
$408Price/Sq.Ft.
2 garage spacesParking
Listed by Hector Villafan•DRE #01993960• HomeSmart PV & Associates
South Merced, located between Downtown Merced and UC Merced, is a residential and commercial Merced neighborhood with a grid of mid-century streets and a broad, car-oriented boulevard feel. The neighborhood’s character concentrates along W 16th St at R St, where taquerias, panaderías, small markets, and service storefronts keep the sidewalks active. Housing ranges from postwar ranch homes to newer infill, with wide driveways and mature shade trees shaping the streetscape. Applegate Park adds lawns, a lake, and the Merced County Fairgrounds for big-event weekends. The Merced Multicultural Arts Center and the Merced Theatre in nearby downtown anchor local arts and live performance. Canal paths and flat terrain support everyday biking and walking routes across the south side.
Provided by Walk Score and Local Logic
Offer insights
2324 Q St · $392,000
$405K and above
75% chance or better to win
Why $405K+ is a strong offer
DAYS ON MARKET
31 days
The average home goes pending in 32 days.
SALE-TO-LIST
102.0%
Most homes are selling 2% above list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Interior features
Updated/remodeled condition
Free-standing freezer included
Two levels (2-story)
Bedrooms
Unit 1: 1 bedroom
Unit 2: 1 bedroom
Bathrooms
Unit 1: 1 full bathroom
Unit 2: 1 full bathroom
Kitchen
Free-standing freezer listed (appliance)
Laundry & utility
Laundry located in common area
Flooring
Vinyl flooring
Heating & cooling
Wall furnace heating
Window air conditioning units
Exterior features
Fenced yard
Yard space
Home design
Duplex (residential income property)
Contains apartments / houses
Built in 1945
Parking
Total 6 parking spaces
2-car garage
Carport
Off-street parking
Guest parking available
Construction
Composition roof
Utilities
City utilities
Natural gas connected
Public water
Public sewer
Separate electric meters
Separate gas meters
Irrigation from public district
HOA & community
No HOA / association
Financial info
Two-unit property (2 total units)
Electricity and solar
View estimated energy costs and solar savings for this home
Both Units are rented 1) $850 monthly, 2) $710 monthly. Do not disturb tenants - one of the lowest priced income property in Merced. Showing of the interior is subject to an occupied offer. Good income duplex in a well established residential area. Two story, housing units are located upstairs with the garage and large storage area below. Do not miss out - SOLD AS IS. Each unit has a separate bedroom, bathroom, kitchen, Heating/AC storage and parking garage. Laundry facilities are shared. Don't miss this opportunity and call agent now.
Public Records
Apr 17, 2020
Sold
$187,000
$195/sq ft
CRMLS #MC20037331
Apr 8, 2020
Sold
$185,000
$193/sq ft
Mar 8, 2020
Pending
—
Feb 19, 2020
Listed
$185,000
$193/sq ft
Apartment A rented in January for $810 (full paint, kitchen floor , new carpet). B Side rented @ $ 750. Showing of interior is subject to an accepted offer. Do not disturb tenants, do not ask for an exception. Lowest price income property in Merced being sold as is. Good duplex in a residential area to add to your portfolio. This duplex has two stories, the housing units are upstairs with garages and storage areas below. Each unit has one bedroom, one bathroom, kitchen, wall ACs in living room and bedroom, wall gas heat. Below the apartment each tenant has a small one car garage plus an additional space the size of a car. In addition, there is a four vehicle carport. Privacy fence around back yard. GREAT INVESTMENT OPPORTUNITY IN THE COUNTY SEAT: UC MERCED AND FUTURE HIGH-SPEED RAIL. GET IN ON THE GROUND FLOOR ON ONE OF THE FASTEST GROWING COMMUNITIES IN CALIFORNIA. Easy access to the Merced Mall, Merced Applegate Park, Zoo and Children Kiddy Land with fun rides, public transportation, medical offices, restaurants, UC Merced, fishing, boating, and the miles of bike and walking path along beautiful Bear Creek. Charming tree lined neighborhood with established residence.
CRMLS #MC19203425
Dec 31, 2019
Listing Removed
—
Oct 31, 2019
Price Changed
$179,000
$186/sq ft
Oct 17, 2019
Price Changed
$179,500
$187/sq ft
Oct 2, 2019
Price Changed
$188,000
$196/sq ft
Sep 12, 2019
Price Changed
$190,000
$198/sq ft
Aug 25, 2019
Listed
$189,000
$197/sq ft
SDMLS #1
Nov 18, 2019
Price Changed
$179,000
$186/sq ft
SDMLS #301755721
Jul 31, 2019
Listing Removed
—
Jan 23, 2019
Listed
$187,000
$195/sq ft
CRMLS #MC19017736
Aug 13, 2019
Relisted
—
Jul 31, 2019
Listing Removed
—
Jun 17, 2019
Pending
—
May 31, 2019
Price Changed
$187,000
$195/sq ft
May 12, 2019
Price Changed
$185,000
$193/sq ft
Apr 25, 2019
Price Changed
$186,000
$194/sq ft
Apr 22, 2019
Price Changed
$186,500
$194/sq ft
Apr 1, 2019
Price Changed
$189,500
$197/sq ft
Feb 17, 2019
Price Changed
$199,999
$208/sq ft
Feb 11, 2019
Price Changed
$208,000
$217/sq ft
Jan 23, 2019
Listed
$210,000
$219/sq ft
SDMLS #301731664
Dec 31, 2018
Listing Removed
—
Dec 18, 2017
Listed
$214,000
$223/sq ft
CRMLS #MC17276770
Dec 31, 2018
Listing Removed
—
Dec 11, 2018
Price Changed
$214,000
$223/sq ft
Nov 9, 2018
Price Changed
$215,500
$224/sq ft
Oct 12, 2018
Price Changed
$215,000
$224/sq ft
Sep 14, 2018
Price Changed
$219,000
$228/sq ft
Jun 28, 2018
Price Changed
$230,000
$240/sq ft
Mar 25, 2018
Price Changed
$209,000
$218/sq ft
Feb 24, 2018
Price Changed
$218,000
$227/sq ft
Feb 10, 2018
Price Changed
$219,000
$228/sq ft
Jan 29, 2018
Price Changed
$220,000
$229/sq ft
Jan 7, 2018
Price Changed
$1,150,000
$1,198/sq ft
Dec 18, 2017
Listed
$1,200,000
$1,250/sq ft
CRMLS #MC3201640
Feb 25, 2010
Sold
$45,000
$47/sq ft
Jan 25, 2010
Listing Removed
—
Jan 8, 2010
Listed
$49,000
$51/sq ft
CRMLS #MC7030307
Jun 30, 2007
Listing Removed
—
Apr 3, 2007
Listed
$215,000
$224/sq ft
CRMLS #MC6056257
Sep 13, 2006
Sold
$140,000
$146/sq ft
Jun 9, 2006
Listed
$199,000
$207/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$3,473 (+5.7%)
$98,838 + $218,484
$317,322
2024
$3,286 (+49.8%)
$96,900 + $214,200
$311,100
2023
$2,194 (+1.4%)
$95,000 + $210,000
$305,000
2022
$2,164 (+0.2%)
$78,030 + $124,535
$202,565
2021
$2,159 (+256.0%)
$76,500 + $122,094
$198,594
2020
$607 (+1.7%)
$75,000 + $119,700
$194,700
2019
$596 (+9.8%)
$17,700 + $34,576
$52,276
2018
$543 (−3.6%)
$17,353 + $33,899
$51,252
2017
$564 (+1.4%)
$16,680 + $32,584
$49,264
2016
$556 (+1.8%)
$16,680 + $32,584
$49,264
2015
$546 (+1.9%)
$16,353 + $31,946
$48,299
2014
$536 (+2.8%)
$15,793 + $30,851
$46,644
2013
$522 (+1.6%)
$15,793 + $30,851
$46,644
2012
$513 (+1.7%)
$15,722 + $30,712
$46,434
2011
$505 (+1.2%)
$15,414 + $30,110
$45,524
2010
$498 (−33.0%)
$15,112 + $29,520
$44,632
2009
$744 (−50.2%)
$12,500 + $32,500
$45,000
2008
$1,494
$40,000 + $30,000
$70,000
Public record
Public record
Zoning
Beds
2
Baths
2
Stories
1
Lot width
—
Lot depth
—
Lot size
5,000 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
960
Unfinished Sq. Ft.
—
Total Sq. Ft.
960
Year built
1945
Style
Other
County
Merced County
APN
030161012000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 26, 2026.
R-1-6
Low Density Residential-6 District
The R-1 zoning district is intended to stabilize, protect, and encourage the establishment and maintenance of a suitable environment for detached single-family dwellings, duplexes, and other land uses typically compatible with or authorized by state law for a low-density residential setting. The R-1 zoning district is divided into R-1-6 allowing for a range of minimum lot sizes.
Permitted uses
Include but are not limited to:
Housing-Single unit
Housing-Multiple units
Housing-Senior
Housing-Other
Infrastructure
Office-Other
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
7/10 Heat Factor
7 days above 105° expected this year, 16 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
10/10 Air Factor
34 unhealthy days expected this year, 35 days in 30 years
Provided by First Street
Historical weather
Merced, CA • 95340
Average low and high temperatures (°F)
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55
91
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61
96
64
90
62
79
54
63
46
55
43
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
Try the sun simulator tool to see how light moves across the property at different times of day and year.
Provided by Shadowmap
Redfin Estimate for 2324 Q St
$387,652
$4,348 under list price of $392K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $265K to $420K.