Building Details

Building Size 1,680 SF

Year Built 1983

Stories 1

Listing Agency: Keller Williams Property Team

Listed By: Marcus Rodriguez · License #DRE Show Phone

Source: Kw

Added: Feb 11 Changed: Oct 6 Last Checked: Oct 5 at 4:43PM

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Investment Insights

Based on property information with market context.

This turn-key duplex is located in desirable North Merced. The fully remodeled property features two spacious units, each with 2 bedrooms and 2 bathrooms. Both units include a fireplace, indoor washer/dryer, and updated interiors, designed with a functional, open feel for comfortable living. Each unit has its own private backyard, suitable for outdoor space or pets, along with dedicated garage parking. The property is ideal for owner-occupants or investors seeking a low-maintenance, income-producing property in a strong rental area with no HOA. It offers a rare opportunity to own a fully updated duplex with privacy, parking, and modern appeal. The property is conveniently located near schools, shopping, dining, UC Merced, and Merced JC.

Key Highlights

• Fully remodeled duplex in desirable North Merced, offering a turn‑key investment or owner‑occupancy opportunity.
• Each unit features 2 bedrooms and 2 bathrooms with updated interiors, fireplace, and indoor washer/dryer.
• Each unit has a private backyard and dedicated garage parking.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$22,004

Cap Rate

4.34%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$440,080 $440.1K

Cap Rate 7%

$314,343 $314.3K

Cap Rate 9%

$244,489 $244.5K

Market Conditions

NOI Build-Up for 1,680 SF

Gross rent

$33.3K $19.80/SF

− Vacancy

−$1.8K −$1.09/SF

EGI

$31.4K $18.71/SF

− OpEx

−$9.4K −$5.61/SF

NOI

$22.0K $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%

$440,080

Cap Rate 7%

$314,343

Cap Rate 9%

$244,489

Alternative Uses

Best Use

Multifamily LT 5

$314.3K

$275.1K – $366.7K (±1% cap)

NOI $22,004 @ 7.0% cap · market cap 4.34%

Second Best

Apartment 5plus

$291.9K

$255.4K – $340.6K (±1% cap)

NOI $20,435 @ 7.0% cap · market cap 4.03%

Theoretical Best

Healthcare Medical

$370.7K

$324.3K – $432.4K (±1% cap)

NOI $25,946 @ 7.0% cap · market cap 5.12%

Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Parking Lot & Garage Kitchen & Bath Showroom Auto Repair Shop Electrical Service HVAC Service Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

523

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

Market

Vacancy Rate% for Multifamily in West region

7% 2022

7.8% 2023

8.6% 2024

8.6% 2025

Questions? Ask Rey

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What type of property is this? Where is this duplexes located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Duplex - Turn-key duplex with updated interiors and private backyards.

Where is this duplex located?

The property is located at 3557 & 3559 Guadalupe Merced, CA.

What is the asking price?

The asking price for this property is $507,000.

What are key features of this property?

This property features: Fully remodeled duplex in desirable North Merced, offering a turn‑key investment or owner‑occupancy opportunity.; Each unit features 2 bedrooms and 2 bathrooms with updated interiors, fireplace, and indoor washer/dryer.; Each unit has a private backyard and dedicated garage parking.