175 E Main, Merced, California 95340, Merced, 95340 - 0 bed, 0 bath
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Merced, California 95340
This Dual-Unit Residential Asset is a High-Potential Investment Opportunity, listed at $410,000—positioned well below the $416,058 Fair Market Value by 1%. This valuation gap offers $6,058 in Instant Equity. With a Good Condition Rating, the property features a recently renovated front unit and an occupied rear unit, ensuring immediate cash flow. While the shared utility infrastructure requires management, the dual-unit configuration provides significant rental yield potential. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants utilizing a house-hacking strategy.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 175 E Main Subject | $410,000* List Price | 0 | 0 | 2,098 | $201 | - |
A 2038 H Sold | $369,500 | 2 | 2 | 1,925 | $192 | 0.4 mi |
B 328 W 21st Sold | $460,000 | 4 | 2 | 2,154 | $214 | 0.6 mi |
C & 238 W 22nd Sold | $392,000 | 3 | 2 | 1,760 | $223 | 0.5 mi |
D 148 E 23rd Sold | $372,000 | 3 | 2 | 1,636 | $227 | 0.4 mi |
E 303 W 21st Sold | $415,000 | 3 | 2 | 1,817 | $228 | 0.6 mi |
F 2550 4th Avenue Sold | $475,000 | 3 | 3 | 1,871 | $254 | 0.6 mi |
G 2669 6th Sold | $401,000 | 3 | 3 | 1,674 | $240 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the property was built in 1925, the front unit has undergone a recent renovation including a newer kitchen, updated bathroom, new paint, and carpet. The presence of separate utility meters and the move-in ready condition of the renovated unit, combined with the functional status of the occupied rear unit, qualifies it as Good.
The property features two separate homes on a single lot, providing a rare opportunity for high rental yield or a house-hacking strategy for owner-occupants.
The front unit has been significantly updated with newer kitchen cabinets, a remodeled bathroom, and fresh paint and carpet, reducing immediate capital expenditure.
With both units currently occupied, the property offers a turnkey investment with built-in revenue and no initial vacancy period.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2098, other record living area = 968.
The units share a single water, sewer, and garbage bill, which complicates expense tracking and may lead to higher owner-paid utility costs.
Built in 1925, the property may require more frequent maintenance or future upgrades to aging systems typical of century-old structures.
Two homes on one lot in Merced! This is a great opportunity for investors or buyers looking for rental income potential. The front unit features 2 bedrooms and 1 bathroom and has been recently renovated with newer kitchen cabinets, an updated bathroom, new paint, and new carpet. The rear unit offers 3 bedrooms, 2 bathrooms, and a single-car garage. Both units are currently occupied. The property includes separate gas and electric meters, one shared water/sewer/garbage bill, and one APN. Convenient location near downtown Merced and local amenities. Don’t miss this rare opportunity to own a multi-unit property with built-in occupancy.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 3.0 |
| Baths | 0.0 | 2.0 |
| Square foot | 2,098 | 1,721.5 |
| Lot Size | 7,500 | 7,120 |
| Price | $410.0K | $407.4K |
| Price per sq ft | $195 | $253 |
| Built year | 1925 | 2002 |
| HOA | $0 | $108 |
| Days on market | 36 | 62 |
Jun 16, 2026
$410,000
Initial Listing
Nov 14, 2023
$355,000
Public Record
Jul 17, 2009
$90,000
Public Record
Jul 24, 2006
$400,000
Public Record