Check out this investment opportunity in downtown Merced! Live in one unit and rent out the other three or rent out all four! Three of the four units are 2 bedroom and 2.5 bath. These units have the living room, kitchen and half bath located downstairs and two bedrooms and two full bathrooms upstairs. The one additional unit is a single story 2 bedrooms and 1 bath. Each unit has its own parking spot, central air condition as well as central heating and a fireplace! Units will come equipped with an oven and dishwasher. The high occupancy rate and high return on investment makes this property a great addition for investors. Located near the revitalized and growing downtown Merced, this property is sure to see its value continue to appreciate. Don’t miss out on adding this fourplex to your portfolio!
Welcome to “The Palms,” home to the UC Merced Bobcats. This completely renovated 22-Unit apartment complex is in the heart of Merced. Built in 1960 with a stable tenant profile, situated on a 20,000+ Sq. Ft. lot. With a mix of 18 Studio units and 4 one bedroom units, each residence has been recently upgraded with vinyl flooring, new kitchen cabinets, beautiful countertops, and sleek new bathrooms. The Palms property has two buildings with studios of 411 living square footage, and 1-bedrooms with 565 of living square footage. This apartment has an on-site laundry facility, new 30-year composition roof, all new iron gate fencing & enclosed private gate parking for all residents.
Duplex located in desirable north Merced location across from the Raley's Shopping Center and blocks from Merced College, Mercy Medical Center and the new Yosemite Crossing shopping center. Both units have 2-bedrooms and 1-bathroom, driveways and spacious backyards. Within blocks of several schools, shopping, healthcare and public transportation don't miss seeing this property! ***Opportunity to own almost one acre in prime location. 3 lots on the west side of the duplex are also for sale. MC24168497
A rare find, 12 unit complex, new exterior paint, roof, new parking carport, some units updated, remodeled.
The median home value in Merced, CA is $373,000. This is lower than the county median home value of $390,500. The national median home value is $338,100. The average price of homes sold in Merced, CA is $373,000. Approximately 39.38% of Merced homes are owned, compared to 54.54% rented, while 6.08% are vacant. Merced real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Merced real estate agent to arrange a tour today!
Merced, California 95340 has a population of 85,993. Merced 95340 is less family-centric than the surrounding county with 28.75% of the households containing married families with children. The county average for households married with children is 33.05%.
The median household income in Merced, California 95340 is $52,305. The median household income for the surrounding county is $58,861 compared to the national median of $69,021. The median age of people living in Merced 95340 is 29.6 years.
The average high temperature in July is 95.1 degrees, with an average low temperature in January of 37.1 degrees. The average rainfall is approximately 12.5 inches per year, with 0 inches of snow per year.