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+12097464461
DJ'S Brokerage
1962 Edwards Avenue, Merced, CA 95340
- $1,025,000
- 6,800
- SqFt
- List Price
- $1,025,000
- Price Change
- ▼ $74,000 1794615462
- MLS#
- 226132123
- Status
- ACTIVE
- Living Sq. Ft
- 6,800
- Square Footage
- 6800
- Type
- Single Family Residential
- Zip
- 95340
- City
- Merced
Property Description
Fully occupied Merced multifamily investment offered at $1,025,000 with an estimated 5.77% cap rate. This well-maintained 8-unit property features all 2-bedroom, 1-bathroom residences, each approximately 850 square feet, with spacious bedrooms and practical living areas. Current scheduled rents total $9,208 monthly, or $110,496 annually. Convenient access to shopping, schools, public transportation, and UC Merced adds to its rental appeal. An opportunity to expand your portfolio or consider for a 1031 exchange. Estimated cap rate is based on current scheduled rents and annualized reported operating expenses, subject to verification. Buyers should independently verify all income and expenses.
Additional Information
- Land Area (Acres)
- 0.372
- Year Built
- 1979
- Subtype
- 5 or More Units
- Subtype Description
- Apartments
- Construction
- Stucco, Frame
- Foundation
- Slab
- Stories
- 2
- Carport Spaces
- 8
- Garage
- Open, Carport, Uncovered, Guest Parking Available
- Floor Coverings
- Tile
- Laundry Description
- Washer/Dryer Leased, In Common Area, Laundry Closet
- Kitchen Appliances
- Free Standing Refrigerator, Free Standing Electric Oven
- Misc
- Fenced Yard, Yard Space
- Cooling
- Central
- Heat
- Central
- Water
- Public
- Utilities
- Electric
- Sewer
- Public Sewer
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Listing courtesy of Soldavi Inc..
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 .