
Merced, California 95348
This Residential Income Duplex is a Strong Value Opportunity, listed at $479,950—positioned well below the $525,236 Fair Market Value by 8%. This valuation gap offers $45,286 in Instant Equity for the buyer. With a Condition Rating of 3, the property features updated laminate flooring and reliable systems, making it a stable asset. Its proximity to UC Merced and major highways ensures consistent rental demand. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to offset mortgage costs.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3347 San Ramon Court Subject | $479,950* List Price | 0 | 0 | 2,000 | $263 | - |
A 3557 & 3559 Guadalupe Sold | $507,000 | 0 | 0 | 1,680 | $302 | 0.5 mi |
B 338 St Michelle Sold | $525,000 | 0 | 0 | 2,356 | $223 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1982, the property has been well-maintained with key system updates including A/C units (5-10 years old) and a roof (15 years old) that fall within the 'Good' criteria. The interior features updated laminate flooring and is described as clean and move-in ready, indicating it has been renovated or refreshed within the 5-15 year window.
As a duplex in a well-established neighborhood, this property offers excellent versatility for investors seeking rental income or owner-occupants looking to offset their mortgage by living in one unit.
The property is ideally situated steps from Rivera Elementary and a short drive from UC Merced and major highways, ensuring high demand from students, faculty, and commuters.
With updated laminate flooring and A/C units between 5-10 years old, the units offer clean, move-in-ready interiors that minimize immediate renovation needs for new owners.
The 15-year-old roof and 1982 construction suggest that the property is entering a phase where significant capital expenditures for long-term maintenance may be required.
The assigned middle and high schools have relatively low ratings (3 and 4), which may impact the property's appeal to families prioritizing high-performing school districts.
Exceptional investment or owner-occupy duplex in a well-established Merced neighborhood! Each unit offers 2 bedrooms and 1 bath with clean interiors, updated laminate flooring, A/C units 510 years old, and a 15-year-old roof. Location is everything here. Rivera Elementary is steps away and UC Merced is a short drive ideal for student or faculty rentals. Hwy 99 and Hwy 59 keep commuters connected throughout the Central Valley. Everyday conveniences abound: Save Mart and Rancho San Miguel Markets for groceries, Merced Marketplace for shopping, and Table 59 just around the corner. Vibrant Downtown Merced home to Rainbird restaurant and local entertainment is minutes away. Enjoy the outdoors at Rahilly Park, featuring trails, picnic areas, and sports facilities, with several other neighborhood parks nearby. Whether you're an investor seeking strong rental income or a buyer looking to live in one unit and offset your mortgage, 3347 San Ramon Ct delivers location, convenience, and value in the heart of Merced. Don't miss this one!
No exterior & parking available.
Grades K-6 • 0.2 mi
Grades K-6 • 1.4 mi
Grades K-6 • 2.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 2,000 | - |
| Lot Size | 6,467 | - |
| Price | $479.9K | $488.5K |
| Price per sq ft | $240 | $199 |
| Built year | 1982 | 0 |
| HOA | $0 | $0 |
| Days on market | 47 | 37 |
Jun 5, 2026
$479,950
Initial Listing