Rare multi-family investment opportunity with seller-provided plans available to subdivide each property (Message listing agent for plans), allowing each home to be individually owned and sold — a valuable opportunity that will transfer to the new owner. Situated on just shy of 2.5 acres, this property features six separate units, each with its own address and separately metered utilities, including one 4-bedroom, 1-bath unit, three 3-bedroom, 1-bath units, one 2-bedroom, 1-bath unit, and one 1-bedroom, 1-bath unit. Offering a unique blend of immediate income and future upside, three units are currently occupied by long-term month-to-month tenants, while the remaining three vacant units provide the flexibility to renovate, reposition, or lease at current market rents. This is an opportunity that opens the door to multiple investment strategies — whether that’s creating long-term rental cash flow, executing a value-add resale plan, or building out a diversified portfolio with exit flexibility already in place. Properties with this level of versatility, land size, and future potential are rarely available.
For sale
Listed by: Keller Williams Property Team • Marcus Rodriguez • Contact: 209-500-4663
Price cut: $261K (7/3)
$989,000
3411 Baker Dr, Merced, CA 95341
12beds
6baths
5,000sqft
Multi Family
Built in 1942
-- sqft lot
$-- Zestimate®
$198/sqft
$-- HOA
What's special
- 57 days |
- 245 |
- 7 |
Zillow last checked:
Listing updated:
Listed by:
Marcus Rodriguez DRE #02005100 209-875-8212,
Keller Williams Property Team
Source: CRMLS,MLS#: MC26099037
Originating MLS: California Regional MLS
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 6
Appliances
- Laundry: See Remarks
Features
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 5,000
- Total interior livable area: 5,000 sqft
Property
Features
- Levels: One
- Stories: 1
- Entry location: Front
- Pool features: None
Lot
- Size: 2.3 Acres
- Features: Back Yard
Details
- Parcel number: 061310011000
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- New construction: No
- Year built: 1942
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Street Lights
Location
- Region: Merced
Financial & listing details
- Price per square foot: $198/sqft
- Tax assessed value: $600,000
- Annual tax amount: $6,706
- Date on market: 5/7/2026
- Cumulative days on market: 57 days
- Listing terms: Submit
- Tenant pays: All Utilities
Estimated market value
Not available
Estimated sales range
Not available
$1,693/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/3/2026 | Price change | $989,000-20.9%$198/sqft |
Source: | ||
| 5/8/2026 | Listed for sale | $1,250,000+197.6%$250/sqft |
Source: | ||
| 7/23/2024 | Sold | $420,000$84/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,706 -56.4% | $600,000 +0.1% |
| 2024 | $15,365 +1% | $599,582 +2% |
| 2023 | $15,207 +0.2% | $587,826 +2% |
| 2022 | $15,176 +50.8% | $576,300 +447% |
| 2021 | $10,062 -0.7% | $105,349 +1% |
| 2020 | $10,128 +216.5% | $104,270 +2% |
| 2019 | $3,200 +187.8% | $102,226 +2% |
| 2018 | $1,112 +1.6% | $100,222 +2% |
| 2017 | $1,094 -0.8% | $98,258 +2% |
| 2016 | $1,103 +6.1% | $96,333 +1.5% |
| 2015 | $1,039 | $94,887 +2% |
| 2014 | $1,039 +1.2% | $93,029 +0.5% |
| 2013 | $1,027 | $92,610 +2% |
| 2012 | -- | $90,795 +2% |
| 2011 | -- | $89,016 +0.8% |
| 2010 | -- | $88,351 -0.2% |
| 2009 | -- | $88,560 +2% |
| 2008 | -- | $86,825 +2% |
| 2007 | -- | $85,123 +2% |
| 2006 | -- | $83,454 +2% |
| 2005 | -- | $81,818 +2% |
| 2004 | -- | $80,215 +1.9% |
| 2003 | -- | $78,746 +2% |
| 2002 | -- | $77,203 +2% |
| 2001 | -- | $75,690 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: 95341
Nearby schools
GreatSchools rating
- 5/10Pioneer Elementary SchoolGrades: K-5Distance: 1.2 mi
- 5/10Weaver Middle SchoolGrades: 6-8Distance: 0.5 mi
- 4/10Golden Valley High SchoolGrades: 9-12Distance: 1.4 mi
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- California
- Merced County
- Merced
- 95341
- 3411 Baker Dr


