Duplex with Attached
New
For Sale
$499,000
1342 Frankfort Court, Merced, CA 95348
Merced, CA
Property Size2,287 SF
Lot Size0.16 Acres
Price / SF$218.19
Days on Market3
Property Features for 1342 Frankfort Court
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
5
Bathrooms
4
Full bathrooms
4
Rooms
Kitchen, Bedroom 3, Bathroom 2, Bedroom 1, Bedroom 5, Bathroom 4, Bathroom 3, Laundry Room, Bedroom 2, Bedroom 4, Bathroom 1
Parking
4
Parking features
Garage
Patio and Porch features
Patio
Interior features
Ceiling Fan(s), Open Floorplan, Tile Counters
Fireplace
1
Appliances
Water Heater, Refrigerator, Dishwasher
Lot features
Landscaped, 0-1 Unit/ Acre
Elementary school district
Merced Union
Middle school district
Merced Union
High school district
Merced Union
Directions
Head North on R St, L on Loughborough, L on Frankfort Ct, Property on Right.
Standard status
Active
APN
058182013000
Size
2,287 SF
Lot size
0.16 Acres
Utilities
Sewer type
Public Sewer
Heating system
Central, Fireplace(s)
Cooling system
Central Air
Water source
Public
Building Details
Year built
1982
Floors in Building
1
Number of units
2
Flooring type
Tile
Building materials
Wood Siding
Roof type
Composition
Listing Agency:
Realty Executives Of Northern California · Realty Executives International
(209) 385-8500
Listed By:
Randy Hayer · License #01251542
(209) 765-3767
Added: Oct 12
Last Checked: Oct 14 at 4:06PM
MLS# MC26221552
Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This Merced duplex contains two residences totaling 2,287 square feet on a 0.164-acre lot. One unit has 2 bedrooms and 2 bathrooms; the other has 3 bedrooms and 2 bathrooms. Each residence has an attached garage with washer and dryer hookups. The 2-bedroom unit includes tile flooring, a fireplace, an open kitchen and family room, and sliding doors to a patio and backyard. Its kitchen is equipped with an electric stove, refrigerator, and dishwasher. The property was built in 1982.
The property is near UC Merced, Merced College, Merced Mall, shopping, and dining. One residence is occupied by long-term tenants.
The property is near UC Merced, Merced College, Merced Mall, shopping, and dining. One residence is occupied by long-term tenants.
Key Highlights
- Two‑unit duplex with 2,287 square feet on 0.164 acres
- Unit mix: one 2‑bedroom, 2‑bathroom residence and one 3‑bedroom, 2‑bathroom residence
- Each unit has an attached garage and washer/dryer hookups
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,954
Cap Rate
6.00%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$599,080
$599.1K
Cap Rate 7%
$427,914
$427.9K
Cap Rate 9%
$332,822
$332.8K
Market Conditions
NOI Build-Up for 2,287 SF
Gross rent
$45.3K $19.80/SF
− Vacancy
−$2.5K −$1.09/SF
EGI
$42.8K $18.71/SF
− OpEx
−$12.8K −$5.61/SF
NOI
$30.0K $13.10/SF
Area
Merced County, CA
Vacancy
5.50%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$599,080
Cap Rate 7%
$427,914
Cap Rate 9%
$332,822
Alternative Uses
Best Use
Multifamily LT 5
$427.9K
$374.4K – $499.2K
NOI $29,954 @ 7.0% cap · market cap 6.00%
Second Best
Apartment 5plus
$397.4K
$347.7K – $463.7K
NOI $27,819 @ 7.0% cap · market cap 5.57%
Theoretical Best
Healthcare Medical
$504.6K
$441.5K – $588.7K
NOI $35,320 @ 7.0% cap · market cap 7.08%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
618
Businesses Nearby
Explore this area
Business Placement
Demographics for 95348, CA
35,066
Population
12,173
Households
2.9
Avg Household Size
30
Median Age
19%
College-Educated
80%
High-School Grad
59.0 sq mi
ZIP Area
594
Density / Sq Mi
$63,618
Median Household Income
$40,171
Median Earnings
$1,498
Median Rent
$352,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Duplex - The two residences have separate attached garages, with washer and dryer hookups in each.
Where is this duplex located?
The property is located at 1342 Frankfort Court Merced, CA.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Two‑unit duplex with 2,287 square feet on 0.164 acres; Unit mix: one 2‑bedroom, 2‑bathroom residence and one 3‑bedroom, 2‑bathroom residence; Each unit has an attached garage and washer/dryer hookups
