1122 N Street, Merced, California 95341, Merced, 95341 - bed, bath
1122 N Street
Merced, California 95341
Property Price
SUMMARY
Analysis of 1122 N Street, Merced, California 95341 is currently available with a list price of $465,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Merced Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Despite the 1924 build date, the property is classified as excellent due to extensive recent renovations. One unit is fully remodeled with modern shaker cabinets, quartz countertops, stainless steel appliances, and recessed lighting, while the second unit is undergoing a full renovation to match these high-quality, modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- Dual-Income Potential
Featuring two separate dwellings on a single lot, this property is an ideal setup for multi-generational living or investors looking to maximize rental yield through a duplex configuration.
- Extensive Renovations
With one unit already beautifully remodeled and the second undergoing a full interior and exterior renovation including new siding, the property offers modern aesthetics and reduced immediate capital expenditure.
- Investment Versatility
The combination of a 3-bedroom and a 2-bedroom unit provides significant flexibility for 'house hacking' or high-occupancy rental strategies in a convenient Merced location.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 797, other record living area = 877.
- Active Construction Status
The primary 3-bedroom unit is currently undergoing renovation, which may present timing uncertainties for move-in or challenges with certain traditional financing types that require 100% completion.
- Limited Lot Size
Built in 1924 on a 3,750 square foot lot, the property has a high density of improvements which results in limited private outdoor space and potentially constrained parking for five total bedrooms.
About 1122 N Street
Welcome to this unique opportunity featuring two homes on one lot, perfect for investors or extended families seeking additional space. The first home is a 3-bedroom, 1-bathroom unit currently undergoing a full renovation. Once complete, it will showcase new siding and upgraded interior finishes, providing a fresh and modern living experience. The second home is a beautifully remodeled 2-bedroom, 1-bathroom unit with a newly painted exterior. Inside, you'll find updated finishes, creating a warm and contemporary space that’s ready to move in. This property offers flexibility for living, renting, or future potential, all while being conveniently located close to local amenities. With the ongoing improvements, this is a great opportunity to make this dual-home property truly your own!
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 1924
- Lot Size
- 3,750 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 797 | 2,626 | 25% |
| Lot Size | 3,750 | 7,000 | 25% |
| Price | $465.0K | $498.0K | 50% |
| Price per sq ft | $583 | $211 | 75% |
| Built year | 1924 | 1952 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 516 | 216 | 0% |
Pricing History
Listed for Sale
Feb 28, 2026
$465,000
Initial Listing
Price Change
Oct 7, 2024
$425,000
Initial Listing
Sold
Jul 16, 2024
$220,000
Public Record