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.
For sale
Listed by: Keller Williams Property Team • Ernesto Ochoa • Contact: 209-704-7653
$1,495,000
940 K St, Merced, CA 95341
20beds
20baths
8,640sqft
Multi Family
Built in 1979
-- sqft lot
$-- Zestimate®
$173/sqft
$-- HOA
What's special
- 19 days
- 283
- 17
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Ernesto Ochoa DRE #01247053 209-704-7653,
Keller Williams Property Team,
Gordon Borges DRE #00917295 209-500-4663,
Keller Williams Property Team
Source: CRMLS,MLS#: MC26208516
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 20
- Bathrooms: 20
Rooms
- Room types: Bedroom
Bedroom
- Features: All Bedrooms Up
Heating
- Central
Cooling
- Central Air
Appliances
- Laundry: Laundry Room
Features
- All Bedrooms Up
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 8,640
- Total interior livable area: 8,640 sqft
Video & virtual tour
Property
Parking
- Total spaces: 12
- Parking features: Assigned
Features
- Levels: Two
- Stories: 2
- Entry location: 1
- Pool features: None
- Fencing: Wood,Wrought Iron
Lot
- Size: 0.36 Acres
- Features: Near Park, Rectangular Lot
Details
- Parcel number: 032072008000
- Zoning: R-3-1.5
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Foundation: Slab
Condition
- New construction: No
- Year built: 1979
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Street Lights, Sidewalks, Park
Location
- Region: Merced
Financial & listing details
- Price per square foot: $173/sqft
- Date on market: 9/25/2026
- Cumulative days on market: 19 days
- Listing terms: Cash,Cash to New Loan
Estimated market value
Not available
Estimated sales range
Not available
$1,341/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/25/2026 | Listed for sale | $1,495,000$173/sqft |
Source:  CRMLS #MC26208516 Report a problem | ||
| 2/15/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 11/10/2023 | Price change | $1,050-4.5% |
Source: Zillow Rentals Report a problem | ||
| 10/13/2023 | Price change | $1,100-8.3% |
Source: Zillow Rentals Report a problem | ||
| 10/6/2023 | Listed for rent | $1,200+118.2% |
Source: Zillow Rentals Report a problem | ||
| 10/21/2014 | Listing removed | $550 |
Source: Tinetti Realty Group Report a problem | ||
| 9/29/2014 | Price change | $550-7.6% |
Source: Tinetti Realty Group Report a problem | ||
| 7/25/2014 | Price change | $595+3.5% |
Source: Tinetti Realty Group Report a problem | ||
| 6/11/2014 | Listed for rent | $575 |
Source: Tinetti Realty Group Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
