
Merced, California 95348
Analysis of 338 St Michelle, Merced, California 95348 is currently available with a list price of $525,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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 moderate renovation needed.
Built in 1985, this duplex is well-maintained but shows its age. While the kitchen and bathrooms have received some updates, such as granite countertops and tile backsplashes, the original oak cabinetry, fluorescent light boxes, and worn carpeting are dated. The property is functional and move-in ready but requires minor cosmetic updates to align with modern quality standards.
This well-maintained duplex features two 2-bedroom, 2-bathroom units, offering a turnkey opportunity for investors or owner-occupiers looking to leverage rental income.
Situated on a desirable corner lot with professional landscaping and a fresh coat of exterior paint, the property presents a high-quality aesthetic that attracts premium tenants.
Each unit includes its own private single-car garage and the larger unit features a private patio, providing a level of privacy and convenience often missing in multi-family housing.
With only a single-car garage per unit, residents with multiple vehicles may find the parking restrictive, necessitating reliance on street parking.
Built in 1985, the property may require upcoming capital expenditures for system upgrades or interior modernizations to remain competitive with newer rental inventory.
Here is the investment property you've been waiting for! This charming duplex sits on the corner of St. Michelle and St. Phillip in a lovely neighborhood near Bear Creek. Both units are 2 bedroom/ 2 bath with a private single-car garage for each. The corner lot features beautiful landscaping and the exterior is getting a fresh coat of paint this week. The unit on the left is slightly larger and features a private patio area. Both units have been carefully maintained and it shows. Fantastic opportunity for investors or owner-occupiers!
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 | 2,356 | 2,800 | 40% |
| Lot Size | 5,982 | 9,873 | 20% |
| Price | $525.0K | $525.0K | 50% |
| Price per sq ft | $223 | $176 | 60% |
| Built year | 1985 | 1974 | 80% |
| HOA | $0 | $0 | 50% |
| Days on market | 8 | 71 | 20% |
Apr 14, 2026
$525,000
Initial Listing
Apr 30, 2013
$205,000
Public Record
Jul 16, 2001
$170,000
Public Record