Attractively priced Merced duplex with two occupied 2-bedroom, 2-bath units generating combined monthly rents of $3,050. A great opportunity for an investor seeking immediate rental income. Home and pest inspection reports are available in the disclosure package. The NHD report will be added when available.
Bear Creek Inn is a popular local landmark at the corner of M Street and Bear Creek Dr. The additional cottages offer a total of 6,080 sq. ft., 7 Bedrooms, and 9 Bathrooms, and sit on a generous 1.5 acres of lovely, manicured grounds that have hosted many Weddings and special occasions. This is a remarkable opportunity to create an extraordinary private residence, establish a boutique retreat, or reopened to a beloved Bed and Breakfast. Offered fully furnished.
Well-maintained 10-unit multifamily investment opportunity in an established Merced location. Built in 1979, the property consists of two buildings with five units each, offering an attractive unit mix of all 2-bedroom, 1.5-bath, two-level townhome-style units. Features include newer HVAC units and a wrought-iron privacy gate providing controlled access to the property. The property has an excellent rental history and offers a desirable combination of functional floor plans, townhouse-style living, onsite laundry, storage units and established tenant demand. Conveniently located directly across from McNamara Community Park and soccer fields, and just minutes from the Merced County Fairgrounds, Highway 99 and Highway 59. An excellent opportunity for an investor seeking a well-located multifamily property with a proven rental history.
100% Occupied!!! Exceptional investment opportunity in Merced, CA! This well-maintained 8-unit apartment building features (8) spacious 2-bedroom, 1-bathroom units, each approximately 850 square feet. The property offers a strong unit mix that appeals to long-term tenants, making it an ideal addition to any investor’s portfolio. Each unit provides functional floor plans with comfortable living spaces, sizable bedrooms, and practical layouts designed for everyday living. With consistent rental demand in the Merced area and proximity to shopping, schools, public transportation, and UC Merced, this property is well-positioned for stable occupancy and future growth. Whether you’re looking to expand your portfolio or complete a 1031 exchange, this multi-family asset offers solid income potential in a growing Central Valley market.
Excellent Merced 4-Unit Investment Opportunity Don’t miss this well-maintained four-unit apartment complex in Merced, offering an excellent opportunity for investors looking to expand their rental portfolio or enter the multifamily market. The property features four comfortable 2-bedroom, 1-bath units, with each unit offering a practical layout and essential amenities including a gas stove, refrigerator, wall/window A/C, and additional storage. Conveniently located near Downtown Merced, the property provides easy access to shopping, dining, public transportation, and UC Merced, making the location attractive to a variety of renters, including students, professionals, and families. The property sits on approximately 7,504 square feet and includes four separate gas meters and four separate electric meters. With four 2-bedroom, 1-bath units and strong rental potential, this property offers a great opportunity to own a multifamily asset in an established Merced location.
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.
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.
Two-Story Triplex Ready for a new owner. Located right of the Freeway 99 and close to schools. 2 of the apartments have 1 bed, 1 bath, kitchen and living room. Other has 1 bedroom and small bedroom and kitchen living room and bath. One of the apartments has been recently remodeled, plex has a garage, long term tenants. Plenty of potential to fix the property. Great for Investor! Sq ft and year built is unavailable in tax records. Buyer to verify all income and expenses.
Well-maintained duplex in desirable North Merced offering two spacious units, each with 2 bedrooms and 2 bathrooms. Both units feature a fireplace, indoor laundry, and a functional, open layout designed for comfortable everyday living. Each unit also enjoys its own private backyard—ideal for relaxing, entertaining, or pets—along with an attached garage for added convenience. Whether you're looking to owner-occupy or expand your investment portfolio, this property offers strong rental potential in an established neighborhood with **NO HOA**. Conveniently located just 4 minutes from Merced College and 10 minutes from UC Merced, with easy access to schools, shopping, dining, and everyday amenities.
Welcome to this exceptional duplex in the heart of Conestoga Park, centrally located in Merced. With a total of 5 bedrooms and 4 bathrooms, this property is ideal for investors with both units currently being leased. The spacious 2,287 sq ft layout is divided into two units, each offering privacy and comfort. The first unit features 3 bedrooms and 2 bathrooms, with mostly tile flooring and some laminate for a modern touch. The second unit has 2 bedrooms and 2 bathrooms, showcasing tile floors throughout. Both units boast open kitchens that flow into the living rooms, complete with electric ranges and dishwashers for convenience. The primary bedrooms in each unit include en-suite bathrooms, providing a private retreat. Situated on a generous 6,898 sq ft lot, the property features an easy, low-maintenance front yard. Each unit is equipped with a 2-car garage, perfect for parking or extra storage needs. Step outside to enjoy the private backyards, perfect for entertaining and relaxation. Located near parks, shopping, and dining don't miss the opportunity to own a versatile property in a prime location.
This fully REMODELED DUPLEX features two vacant 2-bedroom, 1-bath units, making it easy to move into one side, lease both at market rents, or choose your own tenants from day one. Extensively renovated from top to bottom, the property offers peace of mind with a new roof, updated plumbing, new electrical wiring, modern appliances, in door washer/dryer and quality finishes throughout. With both units move-in ready, the heavy lifting has already been done. Unlike many properties on the market, there are no existing solar payments to assume, giving the next owner the freedom to add solar if desired—or simply enjoy the flexibility of owning the property without another monthly obligation. As the most affordable move-in ready duplex currently available in Merced County, opportunities like this are rare. Whether you're a first-time investor or a seasoned buyer, this is a chance to own a fully renovated, vacant duplex that's ready to perform from day one.
Great opportunity!! Presenting not one, but two brand-new residences, this TWO new homes are fully equipped with advanced energy efficient appliances. Offers fully owned solar panel systems that brings a great asset to your investment and reduces your utility bills!!.The main dwelling offers expansive living, featuring four generously sized bedrooms and two modern bathrooms, meticulously designed to provide comfort and functionality for families.Adding financial benefits, a completely separate, newly constructed (ADU) unit is also included. This self-contained unit provides one bedroom and one bathroom, making it an ideal solution for significant rental income for guests or a home office.Close to University of California, in Merced, ca and shopping centers.. This convinient location offer both first-time homebuyers seeking a modern home with potential for passive income, and investors looking for a high-value asset in a thriving community.
39 Acres! Exceptional investment opportunity located on the outskirts of Merced, offering outstanding long-term development potential. This strategically positioned property is a strong candidate for future annexation into the Merced city limits. Conveniently located near Highway 99, the property provides excellent accessibility and is adjacent to an established residential subdivision. It is also directly across the street from Franklin Elementary School, making it an attractive location for future residential or mixed-use development, don't miss this rare opportunity to invest in a property with significant future growth potential in one of Merced's expanding areas. Other income possibilities, you can plant an Orchard, and the property has 8 homes that could be used as rental income. 6 of the homes are connected to city water.
14 unit apartment complex. 2 one bedroom one bath units renting for $1050 market rent is $1200. 4 two bedroom one bath units renting for $1300 market rent is $1400. 8 three bedroom one bath units renting for $1400 market rent is $1600. All units have their own laundry rooms. Complex is downtown across from Amtrak station and a easy walking distance to shopping, schools, parks and train station. Four units are currently vacant.
Rare multi-family investment opportunity with seller-provided plans available to subdivide each property (Message listing agent for plans), allowing each home to be individually owned and sold — a valuable opportunity that will transfer to the new owner. Situated on just shy of 2.5 acres, this property features six separate units, each with its own address and separately metered utilities, including one 4-bedroom, 1-bath unit, three 3-bedroom, 1-bath units, one 2-bedroom, 1-bath unit, and one 1-bedroom, 1-bath unit. Offering a unique blend of immediate income and future upside, three units are currently occupied by long-term month-to-month tenants, while the remaining three vacant units provide the flexibility to renovate, reposition, or lease at current market rents. This is an opportunity that opens the door to multiple investment strategies — whether that’s creating long-term rental cash flow, executing a value-add resale plan, or building out a diversified portfolio with exit flexibility already in place. Properties with this level of versatility, land size, and future potential are rarely available.
This unique multi-family property sits on just under half an acre and features two homes on one lot, offering incredible potential for investment or multi-generational living. Both homes have been fully gutted, providing a blank canvas for you to design the interiors to your specifications. Each house is currently a two-bedroom, one-bathroom layout with ample space to add additional rooms, making it ideal for expansion. The generous lot size offers plenty of outdoor space for both properties, creating opportunities for additional parking, landscaping, or even future development. Whether you're looking to renovate both homes and rent them out, live in one and lease the other, or design your dream multi-family setup, this property presents endless possibilities. A rare find for even the most discerning buyer, it enjoys a prime location near shops, restaurants, grocery stores, and is just a few short minutes from both UC Merced and Merced JC.


Merced is located in California. Merced, California has a population of 85,993. Merced is less family-centric than the surrounding county with 29.1% 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 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 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.