1342 Frankfort Court, Merced, California 95348, Merced, 95348 - 5 bed, 4 bath
Loading property details...
1342 Frankfort Court
Merced, California 95348
ACTIVE
CONDITION: FAIR
5Beds
4Baths
2,287Sq Ft
7,145Lot Size
Property Price
LIST PRICE$475,000
EST. MARKET VALUE
$478,000
SUMMARY
This Residential Income Duplex represents a High-Potential Investment Opportunity, listed at a List Price of $499,000—positioned well below the $494,800 Fair Market Value (Note: Market is stable/fair). With a Condition Rating of 4, the property features durable tile flooring and private amenities like two-car garages and private patios. While the infrastructure reflects its 1982 build, the proximity to UC Merced and Merced College ensures consistent rental demand. This asset is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a value-add property with immediate income potential.
Estimated Market Value
$478,000
Based on Realkey algorithm analyzing recent comparable sales in Merced.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1342 Frankfort Court Subject 5 bd · 4 ba · 2,287 sqft · $209 | $475,000* List Price | 5 | 4 | 2,287 | $209 | - |
A 3224 Nashville Court Active 0 bd · 0 ba · 2,287 sqft · $212 · 0.1 mi | $485,000 List Price | 0 | 0 | 2,287 | $212 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1982, this 42-year-old property is well-maintained with fresh paint and tile flooring, but remains dated. The kitchen and bathrooms feature older tile countertops and finishes consistent with a 15-30 year renovation cycle or original 80s styling, requiring modernization to meet current market standards.
PROSSTRENGTHS & OPPORTUNITIES
- Strong Rental Demand
The property's proximity to UC Merced and Merced College, combined with an existing long-term tenant, ensures consistent cash flow and high desirability for future renters.
- Superior Tenant Amenities
Unlike many multi-family units, each side features a private two-car garage, individual laundry hookups, and a private backyard, providing a single-family residential feel that commands higher rents.
- Low-Maintenance Finishes
With durable tile flooring throughout and fresh interior and exterior paint, the property is designed to minimize turnover costs and long-term maintenance expenses for the investor.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 3.
- Aging Infrastructure
Built in 1982, the property may soon require capital improvements for major systems such as the roof or HVAC, which are typical for assets of this vintage.
- Limited Modern Efficiency
The reliance on electric appliances and 1980s construction standards may result in higher utility costs and lower energy efficiency compared to newer competing developments.
About 1342 Frankfort Court
Charming Duplex in Merced, Great Investment Opportunity! Discover this well-maintained duplex nestled in a quiet cul-de-sac, featuring one unit currently occupied by long-term tenants, offering excellent income-producing potential! The 2-bedroom, 2-bathroom unit boasts an inviting open floor plan, tile flooring throughout, fresh interior and exterior paint, and a cozy fireplace. The kitchen opens to the family room and features tile countertops, an electric stove, refrigerator, dishwasher, and sliding patio doors leading to the backyard. The spacious Master bedroom offers a double sliding closet, ceiling fan, and private bathroom with tile countertops and a tiled walk-in shower. The second bedroom features tile flooring, a ceiling fan, and a walk-in closet, while the guest bathroom includes a tiled tub/shower combination. Additional highlights include a 2-car attached garage for each unit with washer/dryer hookups, an alarm system, and a private backyard with patio area. The other unit offers 3 bedrooms and 2 bathrooms, providing additional rental income potential. Conveniently located near UC Merced, Merced College, Merced Mall, shopping, dining, and more! Don't miss this fantastic investment opportunity!
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 1982
- Lot Size
- 7,145 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 4 (4 Full, 0 Half)
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 |
|---|---|---|
| Beds | 5.0 | 0.0 |
| Baths | 4.0 | 0.0 |
| Square foot | 2,287 | 1,300 |
| Lot Size | 7,145 | 5,100 |
| Price | $475.0K | $475.8K |
| Price per sq ft | $208 | $206 |
| Built year | 1982 | 1939 |
| HOA | $0 | $0 |
| Days on market | 12 | 44 |
Pricing History
Listed for Sale
Oct 23, 2026
$475,000
$499,000
-5% Price Drop
Initial Listing
Price Change
Oct 12, 2026
$499,000
Initial Listing
Sold
Aug 13, 2021
$360,000
Public Record
Sold
Jan 26, 2005
$340,000
Public Record
Sold
Mar 7, 2002
$148,000
Public Record