268 E 10th Street, Merced, California 95341, Merced, 95341 - 4 bed, 3 bath
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Merced, California 95341
This Dual-Unit Residential Asset is a Strong Value Opportunity, listed at $379,900—positioned well below the $360,965 Fair Market Value by -5%. While the list price exceeds the current estimation, the property’s Good Condition Rating and unique layout—featuring a 3-bedroom main home and a 1-bedroom unit—provide significant rental income potential. With updated kitchen and bathroom finishes, this property is move-in ready for Buy-and-Hold Investors or first-time buyers looking to offset mortgage costs through strategic house hacking in a high-demand location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 268 E 10th Street Subject | $379,900* List Price | 4 | 3 | 1,636 | $221 | - |
A 331 La Mesa Court Sold | $317,000 | 3 | 2 | 1,080 | $294 | 0.5 mi |
B 15 E San Pedro Street Sold | $360,000 | 4 | 2 | 1,277 | $282 | 0.8 mi |
C 536 Margaret Court Pending | $356,000 List Price | 4 | 2 | 1,617 | $220 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1989 (37 years old), the property exceeds the 20-year threshold for 'Good' condition. While the description mentions updated kitchen cabinets and bathroom vanities, the visual evidence—specifically the dated gold-trimmed shower doors and basic tile flooring—indicates the renovations are likely 15-20 years old. The home is functional and move-in ready but requires cosmetic modernization.
The property features a unique layout with a main 3-bedroom home and a separate 1-bedroom unit with private alley access, making it an ideal opportunity for rental income or multi-generational living.
Recent upgrades to the kitchen countertops, cabinets, and appliances, along with modernized bathroom vanities, provide a move-in-ready experience and reduce immediate renovation costs for the buyer.
Conveniently located near Highway 99, UC Merced, and major shopping centers, the property offers excellent accessibility for commuters and high desirability for potential tenants.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 6.
With a lot size of approximately 5,000 square feet, the outdoor area is relatively constrained when accounting for two separate living structures, gated parking, and RV storage.
Accommodating four bedrooms and three bathrooms within 1,636 square feet across two separate units may result in a more compact interior feel and smaller individual room dimensions.
Spacious and versatile home with tile flooring throughout a must-see opportunity for first-time buyers or investors! Conveniently located near schools, shopping centers, freeway access, and within walking distance to the fairgrounds. This property features 4 bedrooms and 3 bathrooms with updated kitchen countertops, cabinets, and appliances. Bathrooms include upgraded vanities and mirrors. The composition shingle roof is in good condition, and the property offers both tile and carpet flooring. The home includes a unique layout with separate living possibilities: Main home: 3 bedrooms and 2 bathrooms with a gated front entrance and fully fenced front and back yards Separate unit: 1 bedroom and 1 full bathroom with private alley access ideal for rental income, guest quarters, or extended family Additional highlights include: Garage with two separate laundry hookups for both living areas Double gate with alley access Possible RV parking Mature queen palm trees Fully fenced front and back yards Excellent location: Approximately 7.8 miles from University of California, Merced About 1.4 miles from Golden Valley High School Approximately 2.5 miles from Merced Mall Around 3.9 miles from Mercy Medical Center Merced Just minutes from Highway 99 Perfect for buyers looking to offset mortgage costs with rental income potential. Don't miss this great investment opportunity!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 57% |
| Baths | 3.0 | 2.0 | 51% |
| Square foot | 1,636 | 1,532 | 71% |
| Lot Size | 5,009 | 5,000 | 53% |
| Price | $379.9K | $398.0K | 35% |
| Price per sq ft | $232 | $253 | 30% |
| Built year | 1989 | 2025 | 16% |
| HOA | $0 | $0 | 50% |
| Days on market | 23 | 155 | 2% |
May 14, 2026
$379,900
Initial Listing
Sep 8, 2020
$250,000
Public Record
Sep 21, 2009
$65,000
Public Record