$1,165,000
About this home
Exceptional investment opportunity in Merced, CA! This well-maintained 8-unit apartment building features (8) spacious 2-bedroom, 1-bathroom units, each approximately 850 square feet. The property offers a strong unit mix that appeals to long-term tenants, making it an ideal addition to any investor’s portfolio. Each unit provides functional floor plans with comfortable living spaces, sizable bedrooms, and practical layouts designed for everyday living. With consistent rental demand in the Merced area and proximity to shopping, schools, public transportation, and UC Merced, this property is well-positioned for stable occupancy and future growth. Whether you’re looking to expand your portfolio or complete a 1031 exchange, this multi-family asset offers solid income potential in a growing Central Valley market.
Facts & features
- Appliances
- Electric Range, Refrigerator, Dryer, Washer
- Fireplace
- None
- Heating
- Central
- Cooling
- Central Air
- Laundry
- Common Area, Laundry Closet
- Lot size
- 0.372 acres (16,203 sq ft)
- Pool
- None
- View
- Neighborhood
- Year built
- 1979
- Parking
- Assigned, Asphalt, Concrete, Carport, Guest
- Parking spaces
- 14
- County
- Merced
- Community features
- Curbs, Street Lights
- Status
- Active
- Property type
- Mixed Use
- Days on market
- 98
- Listed
- 2026-02-20
- Original price
- $1,300,000
- Terms
- Cash, Conventional, Exchange 1031
- Parcel #
- 034230002000
- MLS #
- MC26041045
