Discover this well-maintained fourplex in the heart of Atwater, an ideal addition to your investment portfolio. Boasting three updated units, each equipped with separate water meters, this property offers convenience for tenants and efficiency for owners. With a strong 7.1% cap rate, it’s a standout opportunity in today’s market.
Key highlights include a new roof that adds long-term value and peace of mind, plus proximity to shopping, activities, and easy freeway access. The fourth unit is a blank slate, offering potential for value-add upgrades.
Don’t miss out on this rare opportunity to own a solid, income-producing property in a prime Atwater location. Schedule your showing today!
Sold for $830,000
Listing Provided by: BHGRE Everything Real Estate
Bought with: Keller Williams Property Team
$830,000
1873 Carter Way, Atwater, CA 95301
12beds
8baths
5,016sqft
Quadruplex
Built in 1974
-- sqft lot
$-- Zestimate®
$165/sqft
$1,693 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,693/mo
Zestimate® history
Owner options
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$1,693/mo
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$1,693/mo
Rent Zestimate®
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$5,185/mo
Est. payment
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$5,185/mo
Est. payment
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List your homeWhat's special
New roofUpdated units
Zillow last checked:
Listing updated:
Listing Provided by:
Eric Jaurique-Pouncey DRE #02154006 209-769-3934,
BHGRE Everything Real Estate
Bought with:
Ranjeet Singh, DRE #01351073
Keller Williams Property Team
Source: CRMLS,MLS#: MC24232070
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 8
Heating
- Central
Appliances
- Laundry: Laundry Closet
Features
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 5,016
- Total interior livable area: 5,016 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage
- Garage spaces: 2
Features
- Levels: One
- Stories: 1
- Entry location: front
- Pool features: None
Lot
- Size: 0.45 Acres
Details
- Parcel number: 002281001000
- Zoning: P-D 2
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Condition
- New construction: No
- Year built: 1974
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Urban
Location
- Region: Atwater
Other
Other facts
- Listing terms: Cash,Conventional,1031 Exchange,FHA,Submit
Price history
| Date | Event | Price |
|---|---|---|
| 1/24/2025 | Sold | $830,000-2.4%$165/sqft |
Source:  CRMLS #MC24232070 Report a problem | ||
| 11/17/2024 | Pending sale | $850,000$169/sqft |
Source: CRMLS #MC24232070 Report a problem | ||
| 11/12/2024 | Listed for sale | $850,000+38.2%$169/sqft |
Source: CRMLS #MC24232070 Report a problem | ||
| 2/17/2021 | Sold | $615,000-2.4%$123/sqft |
Source: MetroList Services of CA #20076008 Report a problem | ||
| 1/26/2021 | Pending sale | $629,900$126/sqft |
Source: Cornerstone Homes #20076008 Report a problem | ||
| 1/7/2021 | Price change | $629,900-10%$126/sqft |
Source: Cornerstone Homes #20076008 Report a problem | ||
| 10/27/2020 | Listed for sale | $699,900+455.5%$140/sqft |
Source: Cornerstone Homes #20065078 Report a problem | ||
| 10/22/2009 | Sold | $126,000-6.4%$25/sqft |
Source: Public Record Report a problem | ||
| 7/7/2009 | Sold | $134,555-25.2%$27/sqft |
Source: Public Record Report a problem | ||
| 2/27/2001 | Sold | $180,000$36/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,197 +2.5% | $665,595 +2% |
| 2024 | $7,024 +2.7% | $652,568 +2% |
| 2023 | $6,841 +1.1% | $639,797 +2% |
| 2022 | $6,769 +300.9% | $627,276 +318% |
| 2021 | $1,688 +1.2% | $150,052 +1.1% |
| 2020 | $1,668 +4.6% | $148,444 +2% |
| 2019 | $1,595 +2.5% | $145,550 +2% |
| 2018 | $1,556 +1.2% | $142,713 +1.9% |
| 2017 | $1,538 +1.6% | $140,011 +2% |
| 2016 | $1,513 +3.6% | $137,204 +1.5% |
| 2015 | $1,461 | $135,156 +2% |
| 2014 | $1,461 +0.5% | $132,525 +0.4% |
| 2013 | $1,453 | $132,011 +2% |
| 2012 | -- | $129,361 +2% |
| 2011 | -- | $126,841 +0.7% |
| 2010 | -- | $125,900 -40.2% |
| 2009 | -- | $210,561 +2% |
| 2008 | -- | $206,370 +2% |
| 2007 | -- | $202,420 +2% |
| 2006 | -- | $198,389 +1.9% |
| 2005 | -- | $194,596 +2% |
| 2004 | -- | $190,719 +1.9% |
| 2003 | -- | $187,239 +2% |
| 2002 | -- | $183,584 +1.8% |
| 2001 | -- | $180,400 |
Find assessor info on the county website
Neighborhood: 95301
Nearby schools
GreatSchools rating
- 7/10Mitchell Elementary SchoolGrades: K-6Distance: 0.5 mi
- 4/10Mitchell Intermediate SchoolGrades: 7-8Distance: 0.4 mi
- 4/10Atwater High SchoolGrades: 9-12Distance: 0.5 mi
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- California
- Merced County
- Atwater
- 95301
- 1873 Carter Way
Nearby cities
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