Sold844d on market
2324 Q St
Merced, CA, 95340 • 95340 • Merced County
$305,000
$318/sqft
2Beds
2Baths
960Sqft
0.11 acLot
1945Built
Property DNA
Character Home
Built 1945 · 81 years of history
2-Car Garage
Off Street · Carport · Garage · Guest
This home is in high demand
Listed 844 days ago · 2 views · Top 3% likely to sell soon
Market activity
Demand and pricing signals for this listing
2 views
People checking out this listing
844 days on market
Established listing
$318/sqft
Price per square foot
Selling Soon Prediction
Very HighThis home ranks in the top 3% of listings most likely to go under contract soon, based on market activity and demand signals.
Likelihood score
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About this home
Multi Family · Built 1945
This duplex property in Merced is a turnkey investment opportunity, conveniently located in the heart of Merced. Both units have recently undergone renovations, ensuring their modern appeal. One unit is currently vacant, while the other is already occupied, highlighting the high demand for rental properties in this college town. The current capitalization rate (CAP) stands at 6.15%, but with a projected rental median analysis of $1300 per unit, the potential pro forma CAP rate reaches an enticing 8.56%. Moreover, this property presents the possibility of converting the garages into additional units, with the city confirming the option to add an ADU on the spacious lot. Covered parking, as well as two garages, provide ample space for vehicles. Separate gas and electric meters for each unit, ensuring convenient utilities management. Whether you're an experienced investor seeking an excellent opportunity or an individual interested in living in one unit while renting out the other, this property offers an amazing return on investment.
Standout features identified
Our analysis highlights covered parking and separate gas as key attractions of this home.
Estimated monthly payment
Based on current rates
$1,897/month
Principal & Interest$1,491
Property Tax$305
Insurance$102
Down payment20% ($61,000)
3%50%
Est. 6.18% rate · 30yr fixed · $244,000 loan
Full calculator →At a glance
Key facts and listing details
TypeDuplex
Year Built1945
HeatingWall Furnace
CoolingWindow Unit(s)
Parking2 Garage spaces
Property
Home typeMulti Family
Sub-typeDuplex
Year built1945
Systems
HeatingWall Furnace
CoolingWindow Unit(s)
RoofComposition
ConstructionStucco, Frame
Parking & Outdoor
ParkingOff Street, Carport, Garage, Guest
Garage2 spaces
FencingFenced
Lot5,000 sqft
Location & Tax
Neighborhood95340
Annual tax$3,473
Parcel030161012000
Bathrooms & Fees
Full baths2
Features & details
6 categories of property features
Interior Features
Appliances
Free-Standing Refrigerator
Built-In Gas Oven
Built-In Gas Range
Free-Standing Freezer
Flooring
Vinyl
Heating
Wall Furnace
Cooling
Window Unit(s)
Exterior Features
Parking
Off Street
Carport
Garage
Guest
Construction
Stucco
Frame
Listing insights
Market data and value estimates
StatusSold
Days on market844
Est. rent$1,309/mo
Tax rate1.07%
Price/sqft$318
On marketOct 30, 2023
PostedOct 30, 2023
Last sold$305,000
MLS statusClosed
MLS updatedDec 16, 2023
Tour days6
Views2
How are the schools in Merced?
3 schools rated nearby
Location
Merced, CA, 95340
Price history
20 events
DateEventPrice$/sqftSource
Dec 14, 2023Sold$305,000$318MetroList Services of CA
Nov 7, 2023Pending Sale$305,000$318MetroList Services of CA
Oct 30, 2023Listed For Sale$305,000$318MetroList Services of CA
Dec 16, 2020Sold$195,000$203Public Record
Nov 14, 2020Pending Sale$229,000$239California Regional MLS
Oct 2, 2020Listed For Sale$229,000$239California Regional MLS
Aug 28, 2020Pending Sale$229,000$239California Regional MLS
Aug 14, 2020Listed For Sale$229,000$239California Regional MLS
Apr 17, 2020Sold$187,000$195Public Record
Mar 8, 2020Pending Sale$185,000$193Yandow Realty Group
Feb 20, 2020Listed For Sale$185,000$193Yandow Realty Group
Jan 1, 2020Listing Removed$179,000$186Yandow Realty Group
Nov 1, 2019Price Change$179,000$186Yandow Realty Group
Oct 18, 2019Price Change$179,500$187Yandow Realty Group
Oct 2, 2019Price Change$188,000$196Yandow Realty Group
Sep 12, 2019Price Change$190,000$198Yandow Realty Group
Aug 25, 2019Listed For Sale$189,000$197Yandow Realty Group
Feb 26, 2010Sold$45,000$47Public Record
Jul 29, 2008Sold$143,079$149Public Record
Sep 12, 2006Sold$140,000$146Public Record
Sold$305,000
Dec 14, 2023•$318/sqft•MetroList Services of CA
Pending Sale$305,000
Nov 7, 2023•$318/sqft•MetroList Services of CA
Listed For Sale$305,000
Oct 30, 2023•$318/sqft•MetroList Services of CA
Sold$195,000
Dec 16, 2020•$203/sqft•Public Record
Pending Sale$229,000
Nov 14, 2020•$239/sqft•California Regional MLS
Listed For Sale$229,000
Oct 2, 2020•$239/sqft•California Regional MLS
Pending Sale$229,000
Aug 28, 2020•$239/sqft•California Regional MLS
Listed For Sale$229,000
Aug 14, 2020•$239/sqft•California Regional MLS
Sold$187,000
Apr 17, 2020•$195/sqft•Public Record
Pending Sale$185,000
Mar 8, 2020•$193/sqft•Yandow Realty Group
Listed For Sale$185,000
Feb 20, 2020•$193/sqft•Yandow Realty Group
Listing Removed$179,000
Jan 1, 2020•$186/sqft•Yandow Realty Group
Price Change$179,000
Nov 1, 2019•$186/sqft•Yandow Realty Group
Price Change$179,500
Oct 18, 2019•$187/sqft•Yandow Realty Group
Price Change$188,000
Oct 2, 2019•$196/sqft•Yandow Realty Group
Price Change$190,000
Sep 12, 2019•$198/sqft•Yandow Realty Group
Listed For Sale$189,000
Aug 25, 2019•$197/sqft•Yandow Realty Group
Sold$45,000
Feb 26, 2010•$47/sqft•Public Record
Sold$143,079
Jul 29, 2008•$149/sqft•Public Record
Sold$140,000
Sep 12, 2006•$146/sqft•Public Record
Tax history
25 years of records
YearTax paidAssessed value
Apr 7, 2025$3,473$312,300
Apr 7, 2024$3,286$306,320
Apr 7, 2023$2,194$202,865
Apr 7, 2022$2,164$198,894
Apr 7, 2021$2,159$195,000
Apr 7, 2020$607$53,101
Apr 7, 2019$596$52,002
Apr 7, 2018$543$50,998
Apr 7, 2017$564$50,014
Apr 7, 2016$556$49,124
Apr 7, 2015$536$48,325
Apr 7, 2014$536$47,469
Apr 7, 2013$522$47,259
Apr 7, 2012—$46,274
Apr 7, 2011—$44,632
Apr 7, 2010—$45,000
Apr 7, 2009—$70,000
Apr 7, 2008—$142,800
Apr 7, 2007—$140,000
Apr 7, 2006—$33,127
Apr 7, 2005—$32,479
Apr 7, 2004—$31,843
Apr 7, 2003—$31,260
Apr 7, 2002—$30,648
Apr 7, 2001—$30,048
Nearby homes
Neighborhood details
Local context around this listing
Merced, CA • Merced County
Nearby cities
AtwaterDelhiDos PalosGustineHilmarLivingstonLos BanosMerced
Nearby zip codes
9534095341953439534495348
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