308 W 20Th St Merced, CA $ 1,350,000
308 W 20Th St
$ 1,350,000
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308 W 20Th St

Merced, CA, 95340
$ 1,350,000
Baths0.0

Monthly Estimate*

$ 8,312

Listed by Kal Real Estate Group
308 W 20Th St, Merced, CA 95340 - Image 1
Studio

Multi-Family Home for sale in Merced, CA

for $1,350,000. This home was built in 1966 on a lot size of 0.3099.

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.

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Multi-Family Active

Price

$ 1,350,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.3099

Year Built

1966

Town/City

Merced

County/Region

Merced

MLS | Web ID

41128774

Days on Market

3

Features
General
Sewer Public Sewer
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Possession Close Of Escrow
Roof Metal
HOA Fee 0
Construction Materials Stucco
Year Built 1966
Tenant Pays Gas
Property Subtype Triplex
County Merced
Property Type Residential Income
Subdivision Name Other
Status Active
Directions Corner of W 20th Street & Martin Luther King Jr Wy Cross Street: MLK Jr Way.
City Merced
Number Of Units Total 6
Lot Size Units Square Feet
Lot Size Square Feet 13500
Listing Terms Cash Conventional
Standard Status Active
Property Sub Type Additional Triplex
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Interior
Flooring Carpet Laminate Tile
Air Conditioning Y/N true
Heating Y/N true
Total Baths 0
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Exterior
Parking Features Covered
Total Parking 4
Lot Size Area 13500
Lot Size Acres 0.3099
Lot Size Source Other
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* Excluded Features
List By
Kal Real Estate Group

Broker

jkalsirealty@gmail.com

Email

Affordability Calculator

$8,312
Per Month
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Monthly Principal & Interest
$8,312
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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/27/2026$1,350,000 Listed Price

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308 W 20Th St, Merced, CA, 95340 is a Multi-Family Home for sale at $1,350,000 with a lot size of 0.3099. 308 W 20Th St is a studio with 0.0 baths and was built in 1966. The property's zip code is 95340 which is in Merced, CA