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.
Courtesy: Real Brokerage Technologies
619-663-8680
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.
Submit all offers! Seller in Reverse Exchange! This 22-unit, 3-parcel multifamily investment opportunity. Located at 1680, 1685, and 1690 Ellen Avenue in Merced, California. This subject property consists of a total of four buildings across from each other. 1685 (APN:035-123-023) is a 14-unit apartment building built in 1979. 1680 (APN:035-124-032) is a 4-unit apartment building built in 1964 as well the mirror building next door at 1690 (APN:035-124-031). These apartment buildings on Ellen Ave total to 22 units. There is a total of 19,236 rentable SF with a lot size of 33,471 SF. There are 24 parking spots throughout the entire area with street parking available as well. There are several laundry facilities and most units have central air or wall units. Man units have been upgraded over the years, 8 units have been remodeled in 2026. Most units in 1680-1690 have hardwood floors and some units have private backyards.Located just south of the I-140 between the I-99 and Parsons Ave, this subject property is located in a high rental demand area nearby Golden Valley High School and right behind Rancho San Miguel Supermarket.
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.
Discover the perfect blend of versatility and value with this beautifully maintained property featuring two separate residences on one lot. The front home offers approximately 900 square feet with 2 bedrooms and 1 bathroom. You’ll appreciate the remodeled kitchen, wood flooring, central HVAC, and a newer roof installed approximately four years ago. The home also includes leased solar and a convenient stackable washer and dryer closet. The fully permitted detached studio ADU offers nearly 500 square feet of thoughtfully designed living space. Complete with a kitchenette, full bathroom, laundry area, and included washer and dryer, this private residence has its own address, separate entrance, dedicated parking, and its own electric meter while sharing the water service with the main home. Whether you’re looking for multi-generational living, rental income, or a private space for guests or a home office, this property offers exceptional flexibility and investment potential. A rare opportunity to own a move-in ready property with a legally permitted ADU and separate utilities in a highly desirable setting.
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.
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.
Exceptional investment or owner-occupy duplex in a well-established Merced neighborhood! Each unit offers 2 bedrooms and 1 bath with clean interiors, updated laminate flooring, A/C units 510 years old, and a 15-year-old roof. Location is everything here. Rivera Elementary is steps away and UC Merced is a short drive ideal for student or faculty rentals. Hwy 99 and Hwy 59 keep commuters connected throughout the Central Valley. Everyday conveniences abound: Save Mart and Rancho San Miguel Markets for groceries, Merced Marketplace for shopping, and Table 59 just around the corner. Vibrant Downtown Merced home to Rainbird restaurant and local entertainment is minutes away. Enjoy the outdoors at Rahilly Park, featuring trails, picnic areas, and sports facilities, with several other neighborhood parks nearby. Whether you're an investor seeking strong rental income or a buyer looking to live in one unit and offset your mortgage, 3347 San Ramon Ct delivers location, convenience, and value in the heart of Merced. Don't miss this one!
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.
Located in a rental-driven neighborhood, this fully occupied fourplex offers a total of 8 Bedrooms 4 Bathrooms with 3,360 Sq Ft of living space on an 8,077 Sq Ft lot. Built in 1980. Central heat and air throughout. All units are two-bedroom, one-bath layouts. An additional room can be converted into a shared laundry area to create extra income potential. Both downstairs units enjoy private backyard space, and every unit includes an additional storage room. Conveniently located near schools and parks, with shopping, freeway access, and everyday amenities just minutes away. Ideal long-term hold income property with steady rental demand. Simple buy-and-hold opportunity. Perfect for a first multifamily purchase, 1031 exchange, or portfolio expansion.
INCREDIBLE INVESTMENT OPPORTUNITY! Two adjacent parcels—308, 310, 312 W. 20th St. and 1927, 1935, 1943 Martin Luther King Jr. Way—are being offered together, featuring a total of six units. This multi-family asset is located in a rapidly developing area within walking distance of revitalized Downtown Merced. It also offers convenient access to Merced College and University of California, Merced, as well as nearby public transportation, major freeways, and the planned high-speed rail station—making it highly attractive for tenants.The property consists of six 2-bedroom, 1-bathroom units, all currently tenant-occupied. Major upgrade already done! Roof is under 6 years old. One unit has been fully renovated, featuring fresh paint, new flooring, and a completely updated kitchen and bathroom. The property offers four covered parking spaces, along with ample street parking for tenants and guests. Both buildings sit on the same site under two separate parcel numbers, presenting flexibility and added value. This is an excellent candidate for a 1031 exchange. Don’t miss the chance to secure an income-generating property in one of Merced’s most promising growth areas. This is an opportunity you won’t want to overlook.
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.
