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Investment Opportunity: Steady Income-Producing Rental Prime Merced Location | The property features an HVAC system. Please note: The earlier description of a ‘new HVAC system” was an error due to a miscommunication. The system is a new (modern) central heat/ AC system not the original 1940’s design. SHE NEEDS A STYLE MAKEOVER BUT HER BONES ARE GOOD. Are you ready to turn your HGTV dreams into reality? This charming 1946 home, nestled in the heart of Merced, offers the perfect blend of character and potential. Key Features: This area is HOT. As North Merced develops, the prices will be going crazy. Get in while you still can. Strong Rental History: Generate steady income with this proven rental property. Recent Updates: Enjoy peace of mind with new central heating/air and double-paned windows. Prime Location: Conveniently located near Raley's shopping center and UC Merced. Expansive Lot: Explore endless possibilities with a generous 6,970 sq ft lot. Investment Potential: Maximize your return with potential ADU development or home expansion. Imagine the possibilities! Rental Income: Rent to college students, working families, or even older relatives. Airbnb Potential: Convert into a profitable short-term rental. Outdoor Oasis: Create a backyard sanctuary with a garden, patio, or fire pit. Don't miss this opportunity to own a rental in Merced before the prices go up in the area even more. Schedule a showing today!
Listing agent: Zoe Alexander DRE #02054494 myagentzoe@gmail.com, Listing office: Realty Executives Of Northern California
MLS data updated 10/28/2026, 8:31:00 AM PT
Source: CRMLS, MLS #: MC24154892
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Dec 27, 2024
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$295,000Closed sale · Dec 27, 2024ZIP 95340 · Dec 2024
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.