Source:

$1,495,000

940 K St, Merced, CA 95341

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0.36 acres

Residential Income · Apartment · Built 1979 · 22 days on Properkey

Description

Well-maintained 10-unit multifamily investment opportunity in an established Merced location. Built in 1979, the property consists of two buildings with five units each, offering an attractive unit mix of all 2-bedroom, 1.5-bath, two-level townhome-style units. Features include newer HVAC units and a wrought-iron privacy gate providing controlled access to the property. The property has an excellent rental history and offers a desirable combination of functional floor plans, townhouse-style living, onsite laundry, storage units and established tenant demand. Conveniently located directly across from McNamara Community Park and soccer fields, and just minutes from the Merced County Fairgrounds, Highway 99 and Highway 59. An excellent opportunity for an investor seeking a well-located multifamily property with a proven rental history.

Agent & source

Listed by
Ernesto Ochoa
Brokerage
Keller Williams Property Team
DRE
#01247053
Phone
209-704-7653
MLS # MC26208516 Source CRMLS

Property details

Rooms & Layout

Levels
Two
Laundry
Laundry Room

Property Features

Lot features
Rectangular Lot, Park Nearby
Community
Street Lights, Sidewalks

Building & Construction

Foundation
Slab

Exterior & Parking

Parking
Assigned
Fencing
Wood, Wrought Iron
Common Walls
2+ Common Walls

Interior & Comfort

Heating
Central
Cooling
Central Air

Utilities

Water Source
Public
Sewer
Public Sewer

Nearby

Active Pending Closed Rental

School information not available for this property.

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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing.

All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of 2026-10-17 09:11:42 PST. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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