2151 Martin Luther King Jr Way, Merced, California 95340, Merced, 95340 - 0 bed, 0 bath
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Merced, California 95340
Analysis of 2151 Martin Luther King Jr Way, Merced, California 95340 is currently available with a list price of $499,900. 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.
Property is new construction or fully renovated.
Although built in 1968, the property has undergone an extensive recent renovation within the last few years. The interior features a fully modernized kitchen with stone countertops, shaker-style cabinetry, a farmhouse sink, and new appliances. The bathrooms have been completely updated with contemporary subway tile, new vanities, and modern black fixtures. High-quality luxury vinyl plank flooring and fresh paint are consistent throughout the home, and the windows appear to be updated vinyl replacements, meeting current quality standards for a move-in ready, renovated residence.
The residence features high-quality upgrades including stone countertops and walk-in showers, providing a contemporary and functional aesthetic that appeals to modern tenants and owners.
As a duplex with over 2,000 square feet of living space, this multi-family property offers a versatile investment opportunity for rental income or a house-hacking strategy.
A substantial reduction from the original list price of $569,900 to $499,900 positions the property more competitively within the Merced market, offering better value for buyers.
Built in 1968, the property may require ongoing maintenance or future capital expenditures for major systems like roofing, plumbing, or electrical typical of a home of this vintage.
The history of multiple price adjustments and extended time on the market suggests initial overvaluation or potential buyer hesitation regarding the specific location.
Located at 2151 Martin Luther King Jr Way in Merced, California, this multi-family residence presents an attractive property in great condition. Imagine evenings spent in the living room, the fireplace casting a warm glow as you relax and unwind after a long day. The inviting ambiance encourages quiet reflection and provides a comfortable space for gathering. The kitchen features stone countertops, offering a durable and elegant surface for preparing meals and creating culinary masterpieces. This space is designed to be both functional and aesthetically pleasing, making it a joy to spend time in. The bathroom includes a walk-in shower, providing a practical and convenient space for your daily routine. This multi-family residence provides an incredible opportunity to own an attractive property in Merced, California.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 2,004 | 1,544 | 67% |
| Lot Size | 7,500 | 7,500 | 50% |
| Price | $499.9K | $375.0K | 67% |
| Price per sq ft | $249 | $217 | 67% |
| Built year | 1968 | 1968 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 95 | 95 | 67% |
Apr 2, 2026
$499,900
$559,000
-11% Price Drop
Initial Listing
Mar 1, 2026
$559,000
$569,900
-2% Price Drop
Initial Listing
Jan 17, 2026
$569,900
Initial Listing
Apr 7, 2023
$310,000
Public Record