$365,000
SOLD JUL 10, 2025
3 Beds
-- Bath
2,019 Sq Ft
3,750 Sq Ft Lot

Recently Sold

$181 Per Sq Ft

5% Above List Price

79 Days on Market

Highlights

  • Private Pool
  • Central Heating
  • 1-Story Property
  • Laundry Room

About This Home

As of July 2025

This Triplex presents an excellent opportunity for investors looking to add a reliable income generating property to their portfolio. Located on a 3,000+ Sqft lot, the property consists of Three 1 Bedroom, 1 Bathroom units, each providing approximately 675 +/-Sqft of living space. Units are fully occupied providing immediate and consistent cash flow. The properties convenient location near Downtown Merced, shops, and local amenities ensure continued demand from tenants making it a stable, long-term investment.

Last Agent to Sell the Property

Katelyn Bennett

Tinetti Realty Group Brokerage Phone: 209-201-5856 License #01921724 Listed on: 04/04/2025

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1973

Lot Details

  • 3,750 Sq Ft Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Parking

  • On-Street Parking

Home Design

  • Triplex
  • Entry on the 1st floor

Interior Spaces

  • 3 Bedrooms
  • 2,019 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Outdoor Features

  • Private Pool
  • Exterior Lighting

Utilities

  • Central Heating
  • Sewer Not Available

Listing and Financial Details

  • Legal Lot and Block 4 / 121
  • Assessor Parcel Number 031073005000
  • $227 per year additional tax assessments

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Trash Expense $100
  • Water Sewer Expense $100
  • Operating Expense $200
  • Net Operating Income $2,100

Property Details

Home Type

Multi-Family

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 100.00
  • Zoning: R-4
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 031073005000
  • Year Built: 1973
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 180.78

Exterior Features

  • Pool Features: Private
  • Pool Private: Yes

Garage/Parking

  • Parking: No
  • Parking Features: Street

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Sewer: None, Public Sewer
  • Trash Expense: 100.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 3750.00
  • Lot Size Acres: 0.0861

Multi Family

  • Gross Scheduled Income: 2100.00
  • Lot Size Area: 3750.0000 Square Feet
  • Net Operating Income: 2100.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Rent Control: No
  • Total Expenses: 200.00

Tax Info

  • Tax Block: 121
  • Tax Census Tract: 13.02
  • Tax Lot: 4
  • TaxOtherAnnualAssessmentAmount: 227.00

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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Sold Price
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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 List to Sale Price per Sq Ft
07/10/2025 07/10/25 Sold $365,000 0.0% $181 / Sq Ft
06/22/2025 06/22/25 Pending -- -- --
05/26/2025 05/26/25 Price Changed $365,000 +4.6% $181 / Sq Ft
04/04/2025 04/04/25 For Sale $349,000 -- $173 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,365 $320,012 $53,060 $266,952
2024 $3,365 $313,770 $52,020 $261,750
2023 $3,317 $307,500 $51,000 $256,500
2022 $1,034 $94,384 $11,600 $82,784
2021 $1,032 $92,549 $11,373 $81,176
2020 $1,038 $91,609 $11,257 $80,352
2019 $1,023 $89,829 $11,037 $78,792
2018 $932 $88,083 $10,821 $77,262
2017 $969 $86,446 $10,609 $75,837
2016 $954 $84,768 $10,401 $74,367
2015 $938 $83,433 $10,245 $73,188
2014 $910 $81,066 $10,045 $71,021
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MC25073777

California Regional Multiple Listing Service (CRMLS)

APN: 031-073-005