221 W 20th Street, Merced, CA 95340
Merced County
Key Facts
Description
Excellent investment opportunity with strong cash flow potential! This updated duplex features two income-producing units currently rented at $1,400 and $1,600 per month, providing immediate rental income for the new owner. Property improvements help minimize future maintenance concerns, while owned solar offers valuable energy savings and increased efficiency. Each unit offers comfortable living spaces with functional layouts that appeal to long-term tenants. Whether you're looking to expand your investment portfolio, complete a 1031 exchange, or live in one unit while collecting rental income from the other, this property presents multiple opportunities. Conveniently located near schools, shopping, dining, and commuter routes, this duplex combines stable income, modern updates, and long-term investment potential. Don't miss the chance to own a turnkey income property with tenants already in place.
Property Information
Property Type
Residential Income
Sub-Type
Duplex
Year Built
1920
Stories
2
Lot Size
0.17 acres
MLS® Listing#
226078680
Property Features
Cooling
Heating
Flooring
Parking
Laundry
Construction
Foundation
Utilities
Sewer
Water Source
Schools
- District:
- Merced
Financial Details
HOA
None
Parcel Number
030-284-012-000
Directions
USE GPS
Affordability Calculator
$70,000
Estimated monthly payment
$1,863/mo
Principal $280,000 · Est. interest $390,625 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Merced, CA
- $467,317
- Median Listing Price
- 48
- Median Days on Market
- 1,787
- Median Sq Ft
- $256
- Median Price / Sq Ft
- 366
- Active Listings
- This home’s price is 25% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Merced, CA.
Location
- 221 W 20th Street, Merced, CA 95340
Points of Interest in Merced, CA
Showing the Merced area map.
Nearby Schools
Merced Montessori School
Elementary · 0.2 mi away
Independence High School
Secondary · 0.3 mi away
Muir Elementary School
Elementary · 0.4 mi away
Harvest Christian School
School · 0.5 mi away
Merced County Rop
Secondary · 0.7 mi away
Herbert Hoover Middle
Secondary · 0.7 mi away
Don Stowell Elementary School
Elementary · 0.8 mi away
Galen Clark Pre-School
School · 0.8 mi away
Merced 11th Street Head Start
School · 0.8 mi away
John Fremont Elementary
Elementary · 0.8 mi away
Charles Wright Elementary School
Elementary · 0.9 mi away
Alexander Street Montessori
Elementary · 1.0 mi away
Our Lady of Mercy School
School · 1.1 mi away
Tenaya Middle
Secondary · 1.1 mi away
Luther Burbank Elementary School
Elementary · 1.2 mi away
Merced High School
Secondary · 1.2 mi away
Ada Givens Elementary School
Elementary · 1.3 mi away
Merced Christian School
Elementary · 1.5 mi away
Margaret Sheehy Elementary
Elementary · 1.5 mi away
Leontine Gracey Elementary School
Elementary · 1.5 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 1004 W 13th, Merced, CA | $250,000 | — | — | — |
| 5771 N Siena Avenue, Merced, CA | $265,000 | — | — | — |
| 2 W Belcher Avenue, Merced, CA | $275,000 | — | — | — |
| 3 W Belcher, Merced, CA | $275,000 | — | — | — |
| 2 W Belcher, Merced, CA | $275,000 | — | — | — |
| 328 E 20th Street, Merced, CA | $275,000 | 2 | 1 | 800 |
Moving Cost Estimate
EXIT Agents in Merced
Listing Courtesy: Barrios Realty Consultants - 2095058466
Presented by: Jessica Barrios
CA DRE# 01520140. Kris Klair Broker
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