Excellent income opportunity in an established neighborhood! Features two units, with Unit one being 3 bed 1 bath currently tenant-occupied at $2,000/month plus utilities. The second unit is vacant and ready for occupancy, with potential rent of $1,200/month. Add your own appliances and start generating immediate cash flow! Property offers a strong 8% cap rate and even more upside with room to add an ADU (buyer to verify). Whether you're an investor or owner-occupant, take advantage of available seller concessions and unlock the full potential of this value-add property. Don't miss this rare find with built-in income and expansion options! Located in the heart of the historical old town Merced, with tree-lined streets and close to downtown. Please call for an appointment; do not disturb tenants.
For sale
Listing Provided by:
Rick Osorio DRE #01295751 209-777-9922,
Century 21 Select Real Estate
$435,000
121 W 25th St, Merced, CA 95340
--beds
--baths
2,106sqft
Est.:
Multi Family
Built in 1940
-- sqft lot
$429,600 Zestimate®
$207/sqft
$-- HOA
What's special
- 30 days
- on Zillow |
- 312 |
- 13 |
Zillow last checked: 7 hours ago
Listing updated: May 12, 2025 at 02:05pm
Listing Provided by:
Rick Osorio DRE #01295751 209-777-9922,
Century 21 Select Real Estate
Source: CRMLS,MLS#: MC25102788
Originating MLS: California Regional MLS

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Appliances
- Laundry: See Remarks
Features
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 2,106
- Total interior livable area: 2,106 sqft
Property
Features
- Entry location: front
- Pool features: None
Lot
- Size: 7,500 Square Feet
- Features: 2-5 Units/Acre
Details
- Parcel number: 030121013000
- Zoning: R-1-6
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- New construction: No
- Year built: 1940
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Suburban
Location
- Region: Merced
Financial & listing details
- Price per square foot: $207/sqft
- Tax assessed value: $277,373
- Annual tax amount: $2,977
- Date on market: 5/8/2025
- Listing terms: Cash,FHA
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