1911 U St, Merced, CA 95340

The U Street Duplexes - a tranquil 14-unit community situated on 1.38 acres in Merced, CA. Originally constructed in 1955 and thoughtfully renovated in phases thereafter, the property features a unit mix of thirteen (13) two-bedroom, one-bathroom units (800 SF) and one (1) three-bedroom, two-bathroom unit (1,500 SF). Current ownership has made substantial upgrades upon unit turnover, including stainless steel appliances, luxury vinyl plank flooring, fresh paint, modern fixtures, and updated bathrooms. Each unit offers in-demand amenities such as washer/dryer hookups, individual hot water heaters, private backyards, and carport-covered parking all highly valued by today's renters. Recent leases have been signed above $1,600, offering a clear path for a new owner to bring legacy tenants up to market and achieve a strong, stabilized yield with minimal capital outlay.