Great opportunity for investors! 3 single family homes and a duplex on a . 45 acre lot. Single family homes are two 2 bed/1 bath homes, and one 3 bed/2 bath home. Each duplex unit is 2 bed/1 bath. One single family home has a 5-year-old roof, the duplex and one of the homes had roofs placed in 2026. The remaining home will have a new roof installed prior to close of escrow. All units have a one car garage. The units are well maintained with a good rental history. Current rents are $5,700 but 3 units are significantly under market rate. Every unit has individual laundry hookups. The 3bed/2bath home has central heat and air, all other units have wall furnaces and evaporative coolers.
Multi-familyProperty Type
1952Year Built
1,950 sq ftLot Size
$137Price/Sq.Ft.
5 car garageParking
Listed by Melinda Price•DRE #01116263• London Properties Ltd - Merced
Contact: 209-617-2851
Bought with Jeff Lawry•DRE #01310152• London Properties Ltd - Merced
The R-3 zoning district provides an area for a full range of residential uses, including single-family dwellings, duplex homes, multi-family dwellings, single room occupancy housing, and other land uses typically compatible with a medium density residential setting. The R-3 zoning district R-3-1.5 allowing for a range of permitted residential densities.
Permitted uses
Include but are not limited to:
Housing-Single unit
Housing-Multiple units
Housing-Senior
Housing-Other
Infrastructure
Office-Other
Property details
Parking
Parking / Garage Information
# of Garage Spaces: 5
Garage
Has Parking
# of Parking Spaces: 5
Interior
Laundry Information
Has Laundry
In Garage
Cooling Information
Central, Evaporative
Has Cooling
Heating Information
Wall Heater, Central Furnace
Has Heating
Interior Features
Entry Level: 1
Entry Location: front
Levels: One
Exterior
Exterior Features
Pool Features: None
Lot Information
Additional Parcels Description: 030092015000
Elevation Units: Feet
Lot Size Source: Public Records
Lot Features: Corner Lot, Lot 10000-19999 Sqft
Property Information
Total # of Units: 5
Common Walls: 1 common wall
Attached Property
Total # of Stories: 1
Year Built Source: Public Records
Property ADU: No
Financial
Lease / Rental Details
Operating Expense: $13,755
Other Expense: $3,320
Other Expense Description: Taxes
Tenant Pays: Gas, Electricity
Total Actual Rent: $5,700
Utilities
Utilities Information
Sewer: Public Sewer
Water Source: District/Public
Location
Unit Type 1 Information
Unit Key Numeric: 447300591
Listing Key Numeric: 447300560
Actual Rent: $1,800
Total # of Baths: 2
# of Baths Full: 2
Attached Garage: Yes
Total # of Beds: 3
# of Garage Spaces: 1
Furnished: Unfurnished
Total Rent: $1,800
Total # of Units: 1
Unit Type 2 Information
Unit Key Numeric: 447300592
Listing Key Numeric: 447300560
Actual Rent: $3,900
Total # of Baths: 1
# of Baths Full: 1
Furnished: Unfurnished
Total # of Beds: 2
Attached Garage: Yes
# of Garage Spaces: 1
Total Rent: $3,900
Total # of Units: 4
Expenses
Trash: $3,000
Total: $13,755
Insurance: $3,400
Water Sewer: $4,055
Multi-Unit Information
Net Operating Income: $54,625
Average 3 Bed Area Units: Sq. Ft.
Average 2 Bed Area Units: Sq. Ft.
Average 1 Bed Area Units: Sq. Ft.
Sq. Ft.
Total Building Area: 4,812
Gross Scheduled Income: $68,400
Gross Income: $68,400
# Of Leased Units: 5
# Of Separate Water Meters: 4
# Of Separate Gas Meters: 5
# Of Separate Electric Meters: 5
# Of Buildings: 4
Neighborhood Information
Community Features: Urban
Location Information
Latitude: 37.30997800
Longitude: -120.48256400
Directions: From M Street, west on 25th
Public facts
Beds: 2
Baths: 1.0
Sq. Ft.: 856
Stories: 1.0
Lot Size: 0.45 acres
Style: Other
Year Built: 1952
Year Renovated: —
County: Merced County
APN: 030092015000
Home facts updated by county records on Oct 9, 2026
Other
Listing Information
IDX Contact Info: 209-617-2851
Days Active in MLS: 12
Continuous Days Active in MLS: 12
Listing Agent Information
List Agent First Name: Melinda
List Agent Last Name: Price
Listing Office Information
List Office Name: London Properties Ltd - Merced
Selling Agent Information
Buyer Agent First Name: Jeff
Buyer Agent Last Name: Lawry
Selling Office Information
Buyer Office Name: London Properties Ltd - Merced
Around this home
Schools
John C. Fremont Charter School
Public K-6 • Assigned • 0.4mi
3/10
Herbert Hoover Middle School
Public 7-8 • Assigned • 1.1mi
5/10
Merced High School
Public 9-12 • Assigned • 0.8mi
4/10
Provided by GreatSchools
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, 17 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)
59
39
63
44
70
47
73
49
82
55
91
61
94
63
96
64
89
63
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
Sell confidently with a local market expert in Merced.