Completely transformed from the inside out, this multi-unit property has undergone an extensive down-to-the-studs renovation, creating the look and feel of an entirely new property. Scheduled for completion by mid-September 2026, the renovation includes new electrical, plumbing, flooring, cabinets, bathrooms, doors, appliances, light fixtures, air conditioning systems, water heaters, dual-pane windows, and fresh interior and exterior paint. Major exterior improvements will include a new roof and new stucco siding, giving the property a fresh, modern appearance throughout. With nearly every major component updated or replaced, each unit has been thoughtfully rebuilt with comfort, functionality, and long-term durability in mind. All units will be tenant occupied upon completion, offering the new owner immediate rental income from day one. This is a unique opportunity to own a substantially renovated income-producing property where the heavy lifting has already been done.
Multi-familyProperty Type
1998Year Built
9,375 sq ftLot Size
$169Price/Sq.Ft.
4 car garageParking
Listed by Matt Rider•DRE #02047930• Real Brokerage Technologies
Midtown, located between Downtown Merced and UC Merced, is a residential and civic Merced neighborhood with tree-lined blocks and a grid of mid-century streets. The neighborhood’s character concentrates around M Street near Main Street, where small storefronts, coffee counters, and local services set a steady daytime rhythm. Architectural cues lean toward postwar ranch homes, compact bungalows, and low-slung apartment courts. Merced County Courthouse Museum and the Merced Multicultural Arts Center add a cultural throughline close to the core. Applegate Park and the Merced County Fairgrounds frame the area with open lawns, event grounds, and seasonal activity.
Provided by Walk Score and Local Logic
Offer insights
$659,900
$662K and above
75% chance or better to win
Why $662K+ is a strong offer
DAYS ON MARKET
56 days
The average home goes pending in 28 days.
SALE-TO-LIST
100.0%
Most homes are selling 0% above list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
Parking accessibility features
Bedrooms
Two 2-bedroom units
Two 1-bedroom units
Bathrooms
Four 1-bath units (one full bath per unit)
Kitchen
Gas cooktop
Gas oven
Hood over range
Garbage disposal
Oven/Range included in all units
Refrigerator included in all units
Updated kitchens in all units
Kitchen features vary by unit
Laundry & utility
Washer/Dryer hookups only
Flooring
Carpet
Vinyl/linoleum
Heating & cooling
Central forced air cooling
Central forced air heating (gas)
Exterior features
On-street parking and parking area
Carport
Parking for 4 total vehicles
Home design
Traditional style
Two-story building
Individual ownership
Parking
Four garage spaces
Carport plus on-street and parking area spaces
Construction
Shingle roof
Crawl space foundation
One building
Built 6 (year detail provided as '6')
Utilities
Public water
Public sewer
Public utilities
Individual gas meters
Individual electric meters
Financial info
Month-to-month lease terms
Two of four units currently leased
Total building area approximately 3,900
Other
Property includes trash compactor in all units
Updated baths in all units
Electricity and solar
View estimated energy costs and solar savings for this home
Completely transformed from the inside out, this multi-unit property has undergone an extensive down-to-the-studs renovation, creating the look and feel of an entirely new property. Scheduled for completion by mid-September 2026, the renovation includes new electrical, plumbing, flooring, cabinets, bathrooms, doors, appliances, light fixtures, air conditioning systems, water heaters, dual-pane windows, and fresh interior and exterior paint. Major exterior improvements will include a new roof and new stucco siding, giving the property a fresh, modern appearance throughout. With nearly every major component updated or replaced, each unit has been thoughtfully rebuilt with comfort, functionality, and long-term durability in mind. All units will be tenant occupied upon completion, offering the new owner immediate rental income from day one. This is a unique opportunity to own a substantially renovated income-producing property where the heavy lifting has already been done.
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
Beds
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Baths
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Lot width
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Lot depth
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Lot size
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Year renovated
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Finished Sq. Ft.
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Unfinished Sq. Ft.
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Total Sq. Ft.
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Year built
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Style
Multi-Family (2-4 Unit)
County
Merced County
APN
031084004000
Parking Spaces
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Basement
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Accessible
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HOA Dues
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Garage
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Features
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Last updated by owner on Sep 22, 2026.
R-4
High Density Residential District
The R-4 zoning district provides an area for the highest density residential uses in Merced. Permitted uses include single-family dwellings, duplex homes, multi-family dwellings, single room occupancy housing, and other land uses typically compatible with a high-density residential setting in close proximity to shopping, transportation, and other facilities.
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, 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
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Redfin Estimate
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $369,500 and $835,000.