Two-Unit
For Sale
$475,000
2205 O St, Merced, CA 95340
Each residence has two bedrooms and one bathroom, along with a separate entrance and attached garage space.
Property Size1,470 SF
Price / SF$323.13
Days on Market52
Property Features for 2205 O St
General Information
Standard status
Active
Size
1,470 SF
Property subtype
Multi-Family
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Additional Details
Tenant in Place
Yes
Building Details
Year Built
1961
Listing Agency:
CA Real Estate Services INC.
Listed By:
Jairo Q. Aguilar · License #01861679
(209) 658-1293
Source:
Homesofgreatersacramento
Added: Sep 14
Changed: Nov 3
Last Checked: Sep 20 at 6:51AM
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 CA Real Estate Services INC.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This duplex, built in 1961, contains two residences with two bedrooms and one bathroom apiece. Each has its own entrance, and the property includes attached garage space. One residence has updated flooring and refreshed interior finishes; the other is occupied by a renter. Central air conditioning and heat, a dishwasher, and an electric range are included. Lawn areas and mature shade trees surround the property.
Key Highlights
- Two residences, each with 2 bedrooms and 1 bathroom
- Separate entrances for both residences
- Attached garage space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,254
Cap Rate
4.05%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$385,080
$385.1K
Cap Rate 7%
$275,057
$275.1K
Cap Rate 9%
$213,933
$213.9K
Market Conditions
NOI Build-Up for 1,470 SF
Gross rent
$29.1K $19.80/SF
− Vacancy
−$1.6K −$1.09/SF
EGI
$27.5K $18.71/SF
− OpEx
−$8.3K −$5.61/SF
NOI
$19.3K $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%
$385,080
Cap Rate 7%
$275,057
Cap Rate 9%
$213,933
Alternative Uses
Best Use
Multifamily LT 5
$275.1K
$240.7K – $320.9K
NOI $19,254 @ 7.0% cap · market cap 4.05%
Second Best
Apartment 5plus
$255.4K
$223.5K – $298.0K
NOI $17,881 @ 7.0% cap · market cap 3.76%
Theoretical Best
Healthcare Medical
$324.3K
$283.8K – $378.4K
NOI $22,703 @ 7.0% cap · market cap 4.78%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,580
Businesses Nearby
Explore this area
Business Placement
Demographics for 95340, CA
38,606
Population
13,553
Households
2.8
Avg Household Size
33
Median Age
26%
College-Educated
86%
High-School Grad
52.0 sq mi
ZIP Area
742
Density / Sq Mi
$65,141
Median Household Income
$35,165
Median Earnings
$1,204
Median Rent
$383,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence has two bedrooms and one bathroom, along with a separate entrance and attached garage space.
Where is this duplex located?
The property is located at 2205 O St Merced, CA.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Two residences, each with 2 bedrooms and 1 bathroom; Separate entrances for both residences; Attached garage space
