$350,000
$49K PRICE DROP

Estimated payment $2,283/month

Total Views 11,263
2 Beds
2 Baths
1,484 Sq Ft
$236 Price per Sq Ft

Highlights

  • Wood Flooring
  • Central Heating and Cooling System
  • 1-Story Property
  • No HOA

About This Home

Turnkey Duplex Investment Opportunity in Merced, CA! Discover a fantastic investment opportunity at 1020 W 20th St, Merced, CA 95340. This well-maintained duplex, built in 1960, offers two one bedroom one bath units totaling 1,484 sq. ft., situated on a 7,377 sq. ft. lot. Both units are currently occupied by good long-term tenants, providing immediate rental income and stability for investors. The units both feature 1 bedrooms and 1 full bathroom, with central heat and air and a covered patio for added tenant comfort. Don't miss this excellent investment with reliable rental income from day one! Contact us today for more details.

Listing Agent

Robert Moore

Redwood Real Estate License #01951575 Listed on: 02/11/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 1,484 Sq Ft Home
  • 1-Story Property
  • Wood Flooring
  • Carbon Monoxide Detectors
  • Washer and Dryer Hookup

Parking

  • 4 Parking Spaces
  • 4 Carport Spaces

Additional Features

  • 7,379 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 031-033-006-000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Units Leased Month-To-Month
  • Net Lease

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Subtype Description: Apartments
  • Property Subtype 1: Duplex
  • Year Built: 1960
  • Stories: 1
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Wood, Varies by Unit
  • Price Per Square Foot: 235.85
  • Square Footage: 1484.00

Exterior Features

  • Construction Materials: Wood
  • Foundation: See Remarks
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 350000.00
  • Lot Features: Other
  • New Construction: No
  • Pool: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Carport Spaces: 4.00
  • Parking Features: Carport, Covered
  • Total Parking Spaces: 4.00

Utilities

  • Security: Carbon Mon Detector
  • Sewer: In & Connected
  • Utilities: Other
  • Cooling: Central
  • Heating: Central
  • Laundry Features: Washer/Dryer Hookups
  • Water Source: Meter on Site

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Fee Information

  • Land Lease: No

Schools

  • Senior High School District: Merced Union High

Lot Info

  • Zoning: R2
  • Irrigation: None
  • Lot Size Acres: 0.1694
  • Lot Size Sq Ft: 7379.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Expiration Date: 1800-01-011800-01-01
  • Lease Type: Net

Multi Family

  • Income Includes: ["Rent Only"]
  • Total Number Leasable: 2
  • Number of Leased Units: 2
  • Number of Month to Month Units: 2
  • Number of Units: 2

Tax Info

  • Assessor Parcel Number: 031-033-006-000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Merced

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/03/2025 04/03/25 Price Changed $350,000 -9.1% $236 / Sq Ft
03/11/2025 03/11/25 Price Changed $385,000 -3.5% $259 / Sq Ft
02/11/2025 02/11/25 For Sale $399,000 -- $269 / Sq Ft
Source: MetroList

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Source: MetroList

MLS Number: 225015717

MetroList

APN: 031-033-006