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.
For sale
$1,350,000
308 W 20th St, Merced, CA 95340
--beds
0baths
4,356sqft
Est.:
Multi Family, Triplex
Built in 1966
-- sqft lot
$-- Zestimate®
$310/sqft
$-- HOA
What's special
Completely updated kitchenFresh paintNew flooringFour covered parking spacesAmple street parking
- 2 days |
- 103 |
- 3 |
Zillow last checked: 8 hours ago
Listing updated: March 27, 2026 at 08:35am
Listed by:
Jesse Kalsi DRE #01181722 510-377-8858,
Kal Real Estate Group
Source: Bay East AOR,MLS#: 41128774
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Wall Furnace
Cooling
- Wall/Window Unit(s)
Features
- Flooring: Laminate, Tile, Carpet
- Basement: None
Interior area
- Total structure area: 4,356
- Total interior livable area: 4,356 sqft
Property
Parking
- Parking features: Covered
Lot
- Size: 0.31 Acres
- Features: Other, No Yard
Details
- Parcel number: 031071005000
- Special conditions: Standard
- Other equipment: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Triplex
- Attached to another structure: Yes
Materials
- Stucco
- Roof: Metal,Shingle
Condition
- Year built: 1966
Utilities & green energy
- Sewer: Public Sewer
Community & HOA
Community
- Features: None
- Subdivision: Other
HOA
- Has HOA: No
Location
- Region: Merced
Financial & listing details
- Price per square foot: $310/sqft
- Price range: $1.4M - $1.4M
- Date on market: 3/27/2026
- Listing agreement: Excl Right
- Listing terms: Cash,Conventional,Other
- Lease term: Month To Month,12 Months
- Total actual rent: 5345
- Tenant pays: Electricity, Gas
Estimated market value
Not available
Estimated sales range
Not available
$1,530/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/27/2026 | Listed for sale | $1,350,000+28.6%$310/sqft |
Source: | ||
| 2/23/2026 | Listing removed | $1,350 |
Source: Zillow Rentals Report a problem | ||
| 12/18/2025 | Listed for rent | $1,350+80% |
Source: Zillow Rentals Report a problem | ||
| 4/19/2023 | Sold | $1,050,000-12.5%$241/sqft |
Source: | ||
| 3/8/2023 | Pending sale | $1,200,000$275/sqft |
Source: | ||
| 10/2/2022 | Listed for sale | $1,200,000+300%$275/sqft |
Source: | ||
| 3/9/2017 | Listing removed | $750 |
Source: Merced Old 99 Realty, Inc. Report a problem | ||
| 2/23/2017 | Price change | $750+15.4% |
Source: Merced Old 99 Realty, Inc. Report a problem | ||
| 1/17/2017 | Listed for rent | $650 |
Source: Merced Old 99 Realty, Inc. Report a problem | ||
| 1/12/2016 | Listing removed | $650 |
Source: Go Section8 Report a problem | ||
| 12/16/2015 | Listed for rent | $650 |
Source: Go Section8 Report a problem | ||
| 2/16/2014 | Listing removed | $300,000$69/sqft |
Source: CENTURY 21 SALVADORI Report a problem | ||
| 12/18/2013 | Listed for sale | $300,000$69/sqft |
Source: CENTURY 21 SALVADORI Report a problem | ||
| 11/1/2013 | Listing removed | $300,000$69/sqft |
Source: Century 21 Salvadori #MC12073001 Report a problem | ||
| 5/22/2013 | Listed for sale | $300,000$69/sqft |
Source: CENTURY 21 SALVADORI Report a problem | ||
| 2/21/2013 | Listing removed | $300,000$69/sqft |
Source: CENTURY 21 SALVADORI Report a problem | ||
| 2/1/2013 | Listed for sale | $300,000$69/sqft |
Source: CENTURY 21 SALVADORI Report a problem | ||
| 12/13/2012 | Listing removed | $300,000$69/sqft |
Source: Century 21 Salvadori #MC12073001 Report a problem | ||
| 6/12/2012 | Listed for sale | $300,000-14.3%$69/sqft |
Source: Century 21 Salvadori #MC12073001 Report a problem | ||
| 7/31/2011 | Listing removed | $350,000$80/sqft |
Source: Century 21 Salvadori #11020672 Report a problem | ||
| 6/18/2011 | Listed for sale | $350,000$80/sqft |
Source: Century 21 Salvadori Realty #MC3205600 Report a problem | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Est. payment
$8,089/mo
Principal & interest
$6885
Property taxes
$1204
More affordability tools
Climate risks
Neighborhood: 95340
Nearby schools
GreatSchools rating
- 5/10John Muir Elementary SchoolGrades: K-6Distance: 0.5 mi
- 5/10Herbert Hoover Middle SchoolGrades: 7-8Distance: 0.8 mi
- 4/10Merced High SchoolGrades: 9-12Distance: 1.2 mi
Local experts in 95340
- California
- Merced County
- Merced
- 95340
- 308 W 20th St






