INCREDIBLE INVESTMENT OPPORTUNITY! Two adjacent parcels—308, 310, 312 W. 20th St. and 1927, 1935, 1943 Martin Luther King Jr. Way—are being offered together, featuring a total of six units. This multi-family asset is located in a rapidly developing area within walking distance of revitalized Downtown Merced. It also offers convenient access to Merced College and University of California, Merced, as well as nearby public transportation, major freeways, and the planned high-speed rail station—making it highly attractive for tenants.The property consists of six 2-bedroom, 1-bathroom units, all currently tenant-occupied. Major upgrade already done! Roof is under 6 years old. One unit has been fully renovated, featuring fresh paint, new flooring, and a completely updated kitchen and bathroom. The property offers four covered parking spaces, along with ample street parking for tenants and guests. Both buildings sit on the same site under two separate parcel numbers, presenting flexibility and added value. This is an excellent candidate for a 1031 exchange. Don’t miss the chance to secure an income-generating property in one of Merced’s most promising growth areas. This is an opportunity you won’t want to overlook.
MLS #
BE41128774
MLS Source
Bay East
Days on Site
3
Flooring
Carpet - Wall to Wall, Laminate, Tile
Laundry
None
Cooling
Window/Wall Unit
Heating
Wall Furnace
Roof
Metal
Garage/Parking
Covered Parking, Garage: Car(s)
Sewer
Public Sewer
Water
Public
Complex Amenities
None
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| – | – | 6 |
| Unit # | Sq Ft | Beds | Baths | Rent |
|---|---|---|---|---|
| 1 | – | – | 0/0 | $1,070 |
| 2 | – | – | 0/0 | $1,350 |
| 3 | – | – | 0/0 | $1,450 |
| 4 | – | – | 0/0 | $1,475 |
308 W 20th St is a Triplex in Merced, CA 95340. This 4,356 square foot property sits on a 0.31 Acres Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,350,000 and was built in 1966. This address can also be written as 308 W 20th St, Merced, CA 95340.
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This listing information is up-to-date as of March 27, 2026. For the most current information, please contact Jesse Kalsi, (510) 377-8858