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$1,350,000
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Property Description
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.
Full Property Details
Full Property Details for 308 20th St
General
- Price: $1,350,000
- Status: Active
- Type: Triplex
- Source: MAX
- MLS ID: 41128774
- Updated: 3/27/2026
- Added to Site: 7 day(s) ago
Interior
- Flooring: Laminate, Tile, Carpet
Additional Information
- Equipment: None
Exterior
- Exterior Features: No Yard
Parking
- Parking Features: Covered
Location
- Area: Listing
- County: Merced
- Subdivision: Other
- Driving Directions: Corner of W 20th Street & Martin Luther King Jr Wy
Heating & Cooling
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Wall Furnace
Utilities
- Sewer: Public Sewer
Structural Information
- Exterior Const.: Stucco
- Roof: Metal, Shingle
- Year Built: 1966
Lot Features
- Lot Size (Acres): 0.31
- Lot Dimensions: 13503.6
- Lot Features: Other
Financial Considerations
- For Sale: Yes
- Price Per Sq. Ft.: $310
Disclosures and Reports
- Property ID: 31071005000
Listed by Kal Real Estate Group, Jesse Kalsi
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Schools
Schools serving 308 20th St
School Districts:Merced Union High School District, Merced City Elementary School District
| Name | Grades | Distance |
|---|---|---|
John Muir Elementary School, Merced, CA 300 West 26th Street, Merced, CA 95340 | K-6 | 0.5 mi |
Herbert Hoover Middle School, Merced, CA 800 East 26th Street, Merced, CA 95340 | 7-8 | 0.8 mi |
Merced High School 205 West Olive Avenue, Merced, CA 95348 | 9-12 | 1.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 308 20th St
Date
Details
Price
Change
Source
3/27/2026
Listed
$1,350,000
157.14%
MLS
4/04/2023
Sold
$525,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 308 20th St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,077
6%
$547,410
2%
2024
$5,747
327%
$536,820
333%
2023
$1,347
1%
$123,966
2%
2022
$1,329
—
$121,624
2%
2021
$1,327
-1%
$119,329
1%
2020
$1,337
5%
$118,153
6%
2019
$1,278
10%
$111,426
2%
2018
$1,166
-4%
$109,242
2%
2017
$1,210
2%
$107,100
2%
2016
$1,192
-1%
$105,000
-1%
2015
$1,204
2%
$106,271
2%
2014
$1,179
3%
$104,190
-1%
2013
$1,148
—
$104,875
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 308 20th St
308 20th St, Merced, CA 95340 (MLS# 41128774) is a Triplex property with 0 bedrooms and 0 full bathrooms. 308 20th St is currently listed for $1,350,000 and was received on March 27, 2026. Want to learn more about 308 20th St? Do you have questions about finding other Triplex real estate for sale in Merced? You can browse all Merced real estate or contact a Coldwell Banker agent to request more information.

