940 K Street, Merced, CA 95341
- $1,495,000
- 4,320
- SqFt
- List Price
- $1,495,000
- MLS#
- 226120818
- Status
- ACTIVE
- Living Sq. Ft
- 4,320
- Square Footage
- 4320
- Type
- Single Family Residential
- Zip
- 95341
- City
- Merced
Property 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.
Additional Information
- Land Area (Acres)
- 0.36060000000000003
- Year Built
- 1979
- Subtype
- 5 or More Units
- Subtype Description
- Apartments
- Construction
- See Remarks
- Foundation
- Slab
- Stories
- 2
- Garage
- Open
- Floor Coverings
- Carpet
- Laundry Description
- In Common Area
- Cooling
- Central
- Heat
- Central
- Water
- Public
- Utilities
- City
- Sewer
- Public Sewer
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Listing courtesy of Keller Williams Merced.
All measurements and all calculations of area (i.e., Sq Ft and Acreage) are approximate. Broker has represented to MetroList that Broker has a valid listing signed by seller authorizing placement in the MLS. Above information is provided by Seller and/or other sources and has not been verified by Broker. Copyright 2026 MetroList Services, Inc. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of MetroList® MLS. All information has been provided by seller/other sources and has not been verified by broker. All interested persons should independently verify the accuracy of all information. Last updated .