Erik Nelson

Team Lead | License ID: 02113178

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$ 415,000

$ 424,900 2.3%

Est. payment | -/mo

1,172 SqFt

$ 415,000

$ 424,900 2.3%

Est. payment | -/mo

1,172 SqFt

Key Details

Sold Price $415,000

Property Type Single Family Home

Sub Type Other

Listing Status Sold

Purchase Type For Sale

Square Footage 1,172 sqft

Price per Sqft $354

MLS Listing ID 226040989

Sold Date 06/13/26

HOA Y/N No

Year Built 1941

Lot Size 7070.000 Acres

Acres 0.1623

Property Sub-Type Other

Source MLS Metrolist

Property Description

2 HOMES ON ONE LOT - INCOME PRODUCING OPPORTUNITY IN MERCED! Live in one, rent the other, or rent both and maximize your cash flow with this rare chance to own a versatile multi-unit property featuring two separate homes, each with its own gas and electric meters, offering flexibility, convenience, and strong income potential. The main home offers 3 bedrooms, 1 bathroom, an inviting open-concept layout connecting the living room, dining, and kitchen areas, indoor laundry, and a covered patio, creating a functional space for everyday living and entertaining, and is currently tenant-occupied providing immediate rental income from day one. The second home features 2 bedrooms, 1 bathroom, an updated kitchen, indoor laundry, and a covered carport, making it ideal for additional rental income, or extended family. Both homes have been well maintained and include newer roofs, dual-pane windows, and private yard areas, enhancing long-term value, energy efficiency, and tenant appeal. Situated on a desirable corner lot, the property offers ample parking and accessibility, making it highly attractive for multiple occupants or future tenants. Conveniently located in an established Merced neighborhood with easy freeway access and close proximity to schools, shopping, dining, and everyday amenities, plus within driving distance to Yosemite National Park, adding even more appeal for long-term or potential short-term rental opportunities (buyer to verify). This property checks all the boxes for investors looking to expand their portfolio with a high-demand, multi-unit asset or for buyers looking to offset their mortgage through rental income. Opportunities like this don't come often; add this to your investment portfolio or create your own house-hack strategy today!

Location

State CA

County Merced

Area 20407

Direction Exit Hwy 99 onto 140. Property is close to the corner of Yosemite Pkwy and Cypress Way

Rooms

Other Rooms Unit-1 Bedrooms: 3 Full Baths: 1 Unit-2 Bedrooms: 2 Full Baths: 1

Interior

Heating Wall Furnace

Cooling Wall Unit(s), Window Unit(s)

Flooring Other

Laundry In Each Unit

Exterior

Parking Features Carport

Utilities Available City

Water Access Desc Public

Building

Lot Description Corner, Curb(s)

Foundation Raised

Sewer Public Sewer

Water Public

Schools

Elementary Schools Merced City

Middle Schools Merced City

High Schools Merced Union High

School District Merced

Others

Senior Community No

Tax ID 035-062-002-000

Special Listing Condition None

Listed by NextHome D&G Realty Group
Bought with Tinetti Realty

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Helping real estate be simple, fun and stress-free!

+1(916) 765-8124

erik@mcgrailteam.com

1891 E. Roseville Parkway Suite 180, Roseville, CA, 95661

898 Yosemite Pkwy Merced, CA 95341

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Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOLS & PROPERTIES

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898 Yosemite Pkwy