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.
Pending
Listing Provided by: Century 21 Select Real Estate
$435,000
121 W 25th St, Merced, CA 95340
4beds
2baths
2,106sqft
Est.:
Multi Family
Built in 1940
-- sqft lot
$-- Zestimate®
$207/sqft
$-- HOA
What's special
Tree-lined streets
- 284 days |
- 25 |
- 0 |
Zillow last checked: 7 hours ago
Listing updated: March 18, 2026 at 08:43am
Listing Provided by:
Rick Osorio DRE #01295751 209-777-9922,
Century 21 Select Real Estate
Source: CRMLS,MLS#: MC25102788
Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
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: $282,920
- Annual tax amount: $3,149
- Date on market: 5/8/2025
- Cumulative days on market: 285 days
- Listing terms: Cash,FHA
Estimated market value
Not available
Estimated sales range
Not available
$1,159/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 2/18/2026 | Pending sale | $435,000$207/sqft |
Source: | ||
| 5/8/2025 | Listed for sale | $435,000+70.6%$207/sqft |
Source: | ||
| 2/20/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 1/16/2024 | Listed for rent | $2,375+53.2%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 5/31/2020 | Listing removed | $1,550$1/sqft |
Source: Owner Report a problem | ||
| 4/17/2020 | Listed for rent | $1,550$1/sqft |
Source: Owner Report a problem | ||
| 2/21/2020 | Listing removed | $255,000$121/sqft |
Source: California Regional MLS #MC19234636 Report a problem | ||
| 10/5/2019 | Listed for sale | $255,000+28.1%$121/sqft |
Source: California Regional MLS #MC19234636 Report a problem | ||
| 1/2/2004 | Sold | $199,000+10.6%$94/sqft |
Source: Public Record Report a problem | ||
| 9/10/2003 | Sold | $180,000+119.5%$85/sqft |
Source: Public Record Report a problem | ||
| 11/1/2000 | Sold | $82,000$39/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,149 +5.8% | $282,920 +2% |
| 2024 | $2,977 +1.4% | $277,373 +2% |
| 2023 | $2,936 +1.3% | $271,936 +2% |
| 2022 | $2,897 +0.2% | $266,605 +2% |
| 2021 | $2,891 -0.8% | $261,378 +1% |
| 2020 | $2,913 +1.5% | $258,698 +2% |
| 2019 | $2,870 +36.2% | $253,627 +26.8% |
| 2018 | $2,107 -0.6% | $200,000 +5.3% |
| 2017 | $2,119 +8.1% | $190,000 +8.6% |
| 2016 | $1,961 +34.8% | $175,000 +6.1% |
| 2015 | $1,454 | $165,000 +26.9% |
| 2014 | $1,454 +32.8% | $130,000 +30% |
| 2013 | $1,095 | $100,000 +17.6% |
| 2012 | -- | $85,000 |
| 2011 | -- | $85,000 |
| 2010 | -- | $85,000 -32% |
| 2009 | -- | $125,000 -42% |
| 2008 | -- | $215,402 +2% |
| 2007 | -- | $211,179 +2% |
| 2006 | -- | $207,039 +2% |
| 2005 | -- | $202,980 +12.8% |
| 2004 | -- | $180,000 +111% |
| 2003 | -- | $85,312 +2% |
| 2002 | -- | $83,640 +2% |
| 2001 | -- | $82,000 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$2,525/mo
Principal & interest
$2137
Property taxes
$388
More affordability tools
Climate risks
Neighborhood: 95340
Nearby schools
GreatSchools rating
- 5/10John Muir Elementary SchoolGrades: K-6Distance: 0.2 mi
- 5/10Herbert Hoover Middle SchoolGrades: 7-8Distance: 0.5 mi
- 4/10Merced High SchoolGrades: 9-12Distance: 0.8 mi
Local experts in 95340
- California
- Merced County
- Merced
- 95340
- 121 W 25th St





