308 W 20th St Merced, CA 95340
Downtown Merced NeighborhoodEstimated payment $7,756/month
Highlights
- No HOA
- Tile Flooring
- Wall Furnace
- Cooling System Mounted To A Wall/Window
About This Home
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.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1966
Lot Details
- 13,500 Sq Ft Lot
Parking
- Covered Parking
Home Design
- Triplex
- Shingle Roof
- Metal Roof
- Stucco
Flooring
- Carpet
- Laminate
- Tile
Utilities
- Cooling System Mounted To A Wall/Window
- Wall Furnace
Community Details
- No Home Owners Association
- 6 Units
Listing and Financial Details
- Assessor Parcel Number 031071005000
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $6,077 | $547,410 | $88,434 | $458,976 |
| 2024 | $5,747 | $536,820 | $86,700 | $450,120 |
| 2023 | $1,347 | $123,966 | $45,510 | $78,456 |
| 2022 | $1,329 | $121,624 | $44,618 | $77,006 |
| 2021 | $1,327 | $119,329 | $43,744 | $75,585 |
| 2020 | $1,337 | $118,153 | $43,296 | $74,857 |
| 2019 | $1,278 | $112,476 | $42,448 | $70,028 |
| 2018 | $1,166 | $110,292 | $41,616 | $68,676 |
| 2017 | $1,210 | $108,150 | $40,800 | $67,350 |
| 2016 | $1,192 | $106,155 | $40,000 | $66,155 |
| 2015 | $1,204 | $107,321 | $41,843 | $65,478 |
| 2014 | $1,179 | $105,240 | $41,024 | $64,216 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/27/2026 03/27/26 | For Sale | $1,350,000 | +28.6% | $310 / Sq Ft | |
| 04/19/2023 04/19/23 | Sold | $1,050,000 | -12.5% | $175 / Sq Ft | View Prior Sale |
| 03/08/2023 03/08/23 | Pending | -- | -- | -- | |
| 10/02/2022 10/02/22 | For Sale | $1,200,000 | -- | $200 / Sq Ft |
Source: Bay East Association of REALTORS®
MLS Number: 41128774
APN: 031-071-005
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