Back on market no fault to seller Don't miss this versatile 5-unit income property ideally located just off the freeway in the growing city of Merced. Featuring four 1-bedroom, 1-bath units and one 2-bedroom, 1-bath unit, this property offers a desirable unit mix with strong rental appeal. All units have been fully remodeled, offering modern finishes that attract quality tenants and reduce immediate maintenance costs. The property also features private, secured entry with fencing, providing added privacy and peace of mind for residents. Two units are currently vacant and ready for immediate occupancy or rental, giving you the opportunity to set market rents from day one. Perfect for both seasoned and first-time investorslive in one unit and rent out the others to offset your mortgage, or fully lease the property for maximum cash flow. With convenient freeway access, this location is ideal for commuters, making it a highly desirable rental location. Endless possibilities expand your portfolio, generate passive income, or house hack your way into real estate investing.
Active
Price cut: $25K (9/28)
$625,000
72 E 12th St, Merced, CA 95341
6beds
3,002sqft
5 or More Units
Built in 1976
-- sqft lot
$-- Zestimate®
$208/sqft
$-- HOA
What's special
Modern finishes
- 183 days
- 228
- 13
Zillow last checked:
Listing updated:
Listed by:
Charlene Tapia DRE #01792944 209-857-2064,
EXIT Realty Consultants
Source: MetroList Services of CA,MLS#: 226038701Originating MLS: MetroList Services, Inc.
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Free-Standing Gas Range, Free-Standing Refrigerator, Dishwasher
- Laundry: Other
Features
- Flooring: Tile
- Has fireplace: No
Interior area
- Total interior livable area: 3,002 sqft
Property
Parking
- Total spaces: 6
- Parking features: Carport, Covered
- Carport spaces: 1
- Uncovered spaces: 5
Features
- Levels: One
- Stories: 1
Lot
- Size: 7,505 Square Feet
- Features: Curb(s), Curbs/Gutters
Details
- Parcel number: 035032005000
- Zoning: R-3-1.5
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: A-Frame
- Property subtype: 5 or More Units
Materials
- Vinyl Siding, Wood
- Foundation: Slab
- Roof: Composition
Condition
- Year built: 1976
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Sewer In & Connected, Electric, Natural Gas Connected
Community & HOA
Location
- Region: Merced
Financial & listing details
- Price per square foot: $208/sqft
- Tax assessed value: $676,379
- Price range: $625K - $625K
- Date on market: 3/31/2026
- Income includes: Rent Only
Estimated market value
Not available
Estimated sales range
Not available
$2,012/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/28/2026 | Price change | $625,000-3.8%$208/sqft |
Source: MetroList Services of CA #226038701 Report a problem | ||
| 8/10/2026 | Price change | $650,000-3.7%$217/sqft |
Source: MetroList Services of CA #226038701 Report a problem | ||
| 5/26/2026 | Listed for sale | $675,000$225/sqft |
Source: MetroList Services of CA #226038701 Report a problem | ||
| 5/13/2026 | Pending sale | $675,000$225/sqft |
Source: EXIT Realty broker feed #226038701 Report a problem | ||
| 4/21/2026 | Listed for sale | $675,000$225/sqft |
Source: EXIT Realty broker feed #226038701 Report a problem | ||
| 4/16/2026 | Pending sale | $675,000$225/sqft |
Source: EXIT Realty broker feed #226038701 Report a problem | ||
| 4/2/2026 | Listed for sale | $675,000$225/sqft |
Source: EXIT Realty broker feed #226038701 Report a problem | ||
| 4/2/2026 | Pending sale | $675,000$225/sqft |
Source: MetroList Services of CA #226038701 Report a problem | ||
| 3/31/2026 | Listed for sale | $675,000+3.8%$225/sqft |
Source: MetroList Services of CA #226038701 Report a problem | ||
| 2/29/2024 | Sold | $650,000+150%$217/sqft |
Source: Public Record Report a problem | ||
| 9/2/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 6/16/2023 | Listed for rent | $1,100 |
Source: Zillow Rentals Report a problem | ||
| 6/6/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 5/22/2023 | Listed for rent | $1,100 |
Source: Zillow Rentals Report a problem | ||
| 4/26/2019 | Sold | $260,000$87/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $676,379 +2% |
| 2025 | $7,370 +139% | $662,960 +131.7% |
| 2024 | $3,084 +1.4% | $286,093 +2% |
| 2023 | $3,041 +1.3% | $280,519 +1.9% |
| 2022 | $3,003 +0.3% | $275,229 +2.1% |
| 2021 | $2,995 -0.8% | $269,696 +1% |
| 2020 | $3,018 +82.6% | $266,950 +84.6% |
| 2019 | $1,653 +9.6% | $144,597 +2% |
| 2018 | $1,508 -3.6% | $141,783 +2% |
| 2017 | $1,565 +1.6% | $139,024 +2% |
| 2016 | $1,541 +3.8% | $136,319 +1.5% |
| 2015 | $1,485 | $134,288 +2% |
| 2014 | $1,485 +11.2% | $131,678 +8.8% |
| 2013 | $1,335 | $121,000 +9% |
| 2012 | -- | $111,000 -4.3% |
| 2011 | -- | $116,000 -7.3% |
| 2010 | -- | $125,106 -0.2% |
| 2009 | -- | $125,400 +2% |
| 2008 | -- | $122,962 +2% |
| 2007 | -- | $120,572 +2% |
| 2006 | -- | $118,229 +2% |
| 2005 | -- | $115,932 +2% |
| 2004 | -- | $113,679 +1.8% |
| 2003 | -- | $111,615 +2% |
| 2002 | -- | $109,447 +1.9% |
| 2001 | -- | $107,422 |
Find assessor info on the county website
Monthly payment
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