CnC Realty
1 / 31

$1,495,000

940 K

Merced, CA 95341

Active

1979

Year Built

Merced

County

Apartment

Property Type

About this home

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.

Listed by Ernesto Ochoa · DRE #01247053 · Keller Williams Property Team
MLS #1191466248
ListedSep 24, 2026

Property Details

Architecture

Stories2
StyleN/A
Total Units10
RoofN/A
Garage Spaces0
PoolN/A
SpaN/A

Features & Amenities

Interior FeaturesAll Bedrooms Up
Exterior FeaturesN/A
FlooringN/A
CoolingCentral Air
HeatingCentral
FireplaceN/A
LaundryLaundry Room
Parking FeaturesAssigned
Parking Total12
Patio & PorchN/A
Entry Level1
Entry Location1
Common WallsTwo Common Walls Or More

Property Features

Lot Size0.36 ac
Lot FeaturesNear Park, Rectangular Lot
ViewN/A
DirectionsFrom Martin Luther King Jr. Way, turn onto W 11th St, turn left on K St.

Community

AreaN/A
School DistrictN/A

Tax & Financial

TermsCash, Cash To New Loan
Land LeaseNo
HOA NameN/A
HOA FeeN/A

Request a Tour

Mortgage Estimate

$7,957/mo

20% down · 7% APR · 30-yr fixed

Estimate only. Does not include taxes, insurance, or HOA.

CRMLSLast updated: October 21, 2026 at 8:15 PM

The multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. All listing data, including but not limited to square footage and lot size, is believed to be accurate but is not guaranteed by the listing Agent, listing Broker, or CRMLS. Buyers are responsible for verifying the accuracy of all information and should independently investigate the data or retain appropriate professionals prior to making any decisions. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information herein may or may not have been the Listing and/or Selling Agent. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.