Duplex with Two-Car
144 Snowhaven, Merced, CA 95348
For Sale
Contact for pricing
Both residences are occupied and offer separate two- and three-bedroom layouts; the larger unit includes a two-car garage.
Property Size2,200 SF
Lot Size0.14 Acres
Price / SF$288.64
Days on Market8
Property Features for 144 Snowhaven
General Information
Standard status
Size
Lot size
Property subtype
Occupancy
Financials
Gross Income
Average Monthly Rent
Units
Unit Mix
Multifamily Units
Additional Details
Tenant in Place
Building Details
Year Built
Tenancy
Listing Agency:
Fahren's Realty. Inc.
Listed By:
Mahnaz Fahr · License CA #01399011
Source:
Crexi
Added: Nov 6
Changed: Nov 10
Last Checked: Nov 12 at 7:33AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Fahren's Realty. Inc.
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Investment Insights
Based on property information with market context.
Built in 1988, this duplex contains approximately 2,200 square feet of living space across two residences on a roughly 6,000-square-foot lot. The larger unit has three bedrooms, two bathrooms, and a two-car garage; the second has two bedrooms and two bathrooms. The property has been renovated, and both units are occupied.
The property is in Merced, near shopping, dining, schools, and major roadways. Its two distinct floor plans include a garage with the three-bedroom residence.
The property is in Merced, near shopping, dining, schools, and major roadways. Its two distinct floor plans include a garage with the three-bedroom residence.
Key Highlights
- Approximately 2,200 square feet of living space on a roughly 6,000‑square‑foot lot
- Two occupied units: one with 3 bedrooms and 2 bathrooms, the other with 2 bedrooms and 2 bathrooms
- Two‑car garage serves the 3‑bedroom residence
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,815
Cap Rate
4.54%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$576,300
$576.3K
Cap Rate 7%
$411,643
$411.6K
Cap Rate 9%
$320,167
$320.2K
Market Conditions
NOI Build-Up for 2,200 SF
Gross rent
$43.6K $19.80/SF
− Vacancy
−$2.4K −$1.09/SF
EGI
$41.2K $18.71/SF
− OpEx
−$12.3K −$5.61/SF
NOI
$28.8K $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%
$576,300
Cap Rate 7%
$411,643
Cap Rate 9%
$320,167
Alternative Uses
Best Use
Multifamily LT 5
$411.6K
$360.2K – $480.3K
NOI $28,815 @ 7.0% cap · market cap 4.54%
Second Best
Apartment 5plus
$382.3K
$334.5K – $446.0K
NOI $26,760 @ 7.0% cap · market cap 4.21%
Theoretical Best
Healthcare Medical
$485.4K
$424.7K – $566.3K
NOI $33,977 @ 7.0% cap · market cap 5.35%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
843
Businesses Nearby
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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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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences are occupied and offer separate two- and three-bedroom layouts; the larger unit includes a two-car garage.
Where is this duplex located?
The property is located at 144 Snowhaven Merced, CA.
What is the asking price?
The asking price for this property is $635,000.
What are key features of this property?
This property features: Approximately 2,200 square feet of living space on a roughly 6,000‑square‑foot lot; Two occupied units: one with 3 bedrooms and 2 bathrooms, the other with 2 bedrooms and 2 bathrooms; Two‑car garage serves the 3‑bedroom residence
