$359,500
UNDER CONTRACT

Estimated payment $2,372/month

Total Views 1,303
3 Beds
3 Baths
2,019 Sq Ft
$178 Price per Sq Ft

Highlights

  • Private Pool
  • Neighborhood Views
  • Central Heating and Cooling System
  • No HOA
  • Laundry Room
  • 1-Story Property

About This Home

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.

Listing Agent

Katelyn Bennett

Tinetti Realty Group Brokerage Phone: 209-201-5856 License #01921724

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

Interior Spaces

  • 2,019 Sq Ft Home
  • 1-Story Property
  • Neighborhood Views
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Private Pool
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Sewer Not Available

Community Details

  • No Home Owners Association
  • 3 Units

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Structure Type: Triplex
  • Assessments: No
  • Property Attached: Yes
  • View: Yes
  • Zoning: R-4
  • Property Sub Type: Triplex
  • Property Type: Residential
  • Parcel Number: 031073005000
  • Year Built: 1973
  • Special Features: UnderContract

Interior Features

  • Fireplace: No
  • Living Area: 2019.00 Square Feet
  • Stories: 1
  • Entry Location: 1
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 3
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 178.06
  • Room Type: All Bedrooms Down

Exterior Features

  • View: Neighborhood
  • 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
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Merced Union

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

  • Lease Considered: No
  • Lot Size Area: 3750.0000 Square Feet
  • Number Of Units Total: 3

Tax Info

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

Map

Range of Values:

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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
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)

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MC25074258

California Regional Multiple Listing Service (CRMLS)

APN: 031-073-005