Income-producing duplex in North Merced! This renovated and well-maintained duplex, built in 1988, offers an excellent opportunity for investors or owner-occupants looking for additional rental income. The property features approximately 2,200 square feet of total living space on a roughly 6,000-square-foot lot. One unit offers 3 bedrooms and 2 bathrooms with a convenient 2-car garage, while the second unit features 2 bedrooms and 2 bathrooms. Both units are currently occupied, providing immediate rental income of approximately $1,690 and $1,890 per month (with the rental market value at $2200 for the 3/2 unit), respectively. With two separate living spaces and established rental income, this property offers flexibility and strong potential for an investor seeking to add a Merced duplex to their portfolio. Conveniently located near local amenities, shopping, dining, schools, and major roadways.
North Merced, located between Yosemite Avenue and G Street, is a residential and university-adjacent Merced neighborhood with broad arterial boulevards and newer master-planned pockets. The neighborhood’s character concentrates around the UC Merced campus edge near Lake Road and Bellevue Road, where bike lanes, bus stops, and campus-facing storefronts set a steady weekday rhythm. UC Merced and the Merced Vernal Pools & Grassland Reserve act as cultural and landscape anchors, pairing contemporary academic architecture with open seasonal wetlands. Housing trends toward late-20th-century subdivisions and newer builds, with wide sidewalks and parks woven into the street grid. Retail and dining cluster along Yosemite Avenue, while the north-side open space keeps the horizon feeling expansive.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Interior features
Ceiling fan
Blinds
Screens
Updated and remodeled
Bedrooms
5 bedrooms
Bathrooms
4 full bathrooms
Kitchen
Water heater
Garbage disposal
Microwave
Vented exhaust fan
Gas range
Dishwasher
Laundry & utility
Inside laundry
Flooring
Vinyl flooring
Carpet
Heating & cooling
Central furnace
Central cooling
Exterior features
Rectangular lot
Walkstreet
Exterior lighting
Wood fence
View
Home design
One story
One common wall
Parking
Two-car garage
Attached garage
Paved driveway
Front-entry garage
Driveway-level parking
Security
Carbon monoxide detector
Fire and smoke detection system
Smoke detector
Construction
Shake roof
Frame, brick, and drywall construction
Concrete slab foundation
Utilities
Public sewer
District/public water
Electricity on property
Natural gas connected
Sewer connected
Electricity connected
Water connected
HOA & community
Community features include curbs and sidewalks
Mello-Roos assessment
Financial info
Two leased units
Gross income of $3,590
Net operating income of $3,329
Operating expenses of $461
Insurance expense of $1,800
Unit 1 rent: $1,890
Unit 2 rent: $1,690
Two separate water meters
Two separate gas meters
Two separate electric meters
Electricity and solar
View estimated energy costs and solar savings for this home
Welcome to this fantastic duplex, perfectly situated in the highly sought-after North Merced neighborhood. One unit features 3 bedrooms and 2 bathrooms and the other unit is 2 bedrooms and 2 bathrooms making it ideal for the owner-occupiers looking to rent out the other unit, or investors seeking a steady rental income. Whether you're looking to invest or find a new home, this property offers the best of both worlds. Don't miss out on this exceptional opportunity to own a duplex in one of Merced's most desirable areas.
Year
Property tax
Land + Additions
Assessment*
2026
$5,557 (+31.8%)
$120,000 + $364,000
$484,000
2025
$4,215 (+5.6%)
$120,000 + $364,000
$484,000
2024
$3,990 (+1.4%)
$111,426 + $259,995
$371,421
2023
$3,935 (+33.0%)
$109,242 + $254,898
$364,140
2022
$2,960 (+0.2%)
$107,100 + $249,900
$357,000
2021
$2,953 (−0.7%)
$79,562 + $184,958
$264,520
2020
$2,975 (+1.4%)
$78,002 + $181,332
$259,334
2019
$2,933 (+24.8%)
$77,203 + $179,473
$256,676
2018
$2,350 (−3.2%)
$75,690 + $175,954
$251,644
2017
$2,427 (−0.4%)
$45,000 + $165,000
$210,000
2016
$2,436 (+2.4%)
$45,000 + $165,000
$210,000
2015
$2,378 (+23.3%)
$40,000 + $170,000
$210,000
2014
$1,929 (+56.3%)
$25,000 + $140,000
$165,000
2013
$1,234 (+14.7%)
$25,000 + $140,000
$165,000
2012
$1,076 (−21.6%)
$15,000 + $90,000
$105,000
2011
$1,373 (+2.0%)
$10,000 + $80,000
$90,000
2010
$1,347 (−43.5%)
$30,000 + $85,000
$115,000
2009
$2,385 (+2.9%)
$30,000 + $85,000
$115,000
2008
$2,317
$65,568 + $152,421
$217,989
Public record
Public record
Zoning
Beds
5
Baths
4
Stories
1
Lot width
—
Lot depth
—
Lot size
6,000 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
2,082
Unfinished Sq. Ft.
—
Total Sq. Ft.
2,082
Year built
1986
Style
Other
County
Merced County
APN
236050021000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 9, 2026.
R-2
Low Medium Density Residential District
The R-2 zoning district is intended to stabilize, protect, and encourage the establishment and maintenance of a suitable environment for single-family dwellings, duplex homes, limited multi-family dwellings, and other land uses typically compatible with a low to medium-density residential setting.
Permitted uses
Include but are not limited to:
Housing-Single unit
Housing-Multiple units
Housing-Senior
Housing-Other
Infrastructure
Office-Other
Climate risks
4/10 Flood Factor
Estimated 19-29% chance of a flood reaching the building in the next 30 years
2/10 Fire Factor
0.00% chance of being in a wildfire in next 30 years
7/10 Heat Factor
7 days above 104° expected this year, 16 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
10/10 Air Factor
34 unhealthy days expected this year, 35 days in 30 years
Provided by First Street
Historical weather
Merced, CA • 95348
Average low and high temperatures (°F)
58
39
64
44
71
47
73
49
83
55
91
60
95
62
95
63
89
62
74
52
63
46
55
43
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
Try the sun simulator tool to see how light moves across the property at different times of day and year.
Provided by Shadowmap
Redfin Estimate for 144 Snowhaven
$634,795
$205 under list price of $635K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $420K to $556K.