apartment in Merced

Active$1,495,000

MLS® Listing#MC26208516 · Apartment · Listed Sep 24, 2026

940 K, Merced, CA 95341

Merced County

Showing 5 of 31 photos · virtual tour online

8,640Sq Ft

1979Year built

0.36Acre lot

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.

Full description online — scan the code for the complete listing.

Property information

Property type: Residential Income
Sub-type: Apartment
Year built: 1979
Living area: 8,640 Sq Ft
Lot size: 0.36 acres
HOA fee: None
Price / Sq Ft: $173
Days on market: 10
Stories: 2
Parcel number: 032072008000

Features

Cooling: Central Air
Heating: Central
Parking: Assigned
Laundry: Laundry Room
Fencing: Wood · Wrought Iron
Lot: Rectangular Lot
Foundation: Slab
Community: Street Lights · Sidewalks · Park
Sewer / Water: Public Sewer · Public

$1,495,000List price

8,640Sq Ft

1979Year built

0.36Acre lot

2Stories

10 days agoOn market

$1,495,000

940 K

Merced, CA 95341

Active

Your local EXIT Realty office

EXIT Realty ConsultantsMerced, CACall

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Description

Property Information

Property type: Residential Income
Sub-type: Apartment
Year built: 1979
Stories: 2
Building area: 8,640 Sq Ft
Lot size: 0.36 acres
Parking spaces: 12
Zoning: R-3-1.5
Days on market: 10
MLS^® Listing#: MC26208516

Property Features

Cooling: Central Air
Heating: Central
Pool: None
Parking: Assigned
Laundry: Laundry Room
Fencing: Wood · Wrought Iron
Lot features: Rectangular Lot
Foundation: Slab
Community: Street Lights · Sidewalks · Park
Sewer: Public Sewer
Water source: Public

Financial Details

HOA: None
Parcel number: 032072008000

Directions

From Martin Luther King Jr. Way, turn onto W 11th St, turn left on K St.

Listing Courtesy: Keller Williams Property Team - 209-704-7653

Presented by: Ernesto Ochoa and Gordon Borges

Based on information from California Regional Multiple Listing Service, Inc. as of 2026-09-24T00:00:00.000Z and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Licensed in the state of California.

Documents & links

Provided by Ernesto Ochoa

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Merced Market Statistics

How this home compares to 365 active listings in Merced, CA

	Merced median	This listing
Median listing price	$425,000	$1,495,000
Median days on market	59	10
Median Sq Ft	1,620	8,640
Median price / Sq Ft	$256	$173

Market statistics compiled from active EXIT Realty® and MLS listings in Merced, CA.

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Similar Home Values

Comparable nearby listings and their asking prices.

Address	Price	Beds	Baths	Sq Ft
575 Bear Creek Dr, Merced, CA	$1,600,000	—	—	4,026

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Description

Property Information

Property Features

Financial Details

Directions

Documents & links

Merced Market Statistics

Commute Calculator

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575 Bear Creek DrMerced, CA 95348#MC26213372

940 K StreetMerced, CA 95341#226120818

1029 Martin Luther King Jr WayMerced, CA 95341#MC26144939

1075 Martin Luther King JrMerced, CA 95341#MC26173032

40 W 13th StreetMerced, CA 95341#MC25235639

Similar Home Values

Connect with a Local Real Estate Expert

Elizabeth Northeimer

Celina Garcia

Kris Klair

Octavio Valenzuela Rubalcava

Nita Bain

Jorge Hurtado

Merced Market Statistics

More homes to consider

575 Bear Creek DrMerced, CA 95348#MC26213372

940 K StreetMerced, CA 95341#226120818

1029 Martin Luther King Jr WayMerced, CA 95341#MC26144939

1075 Martin Luther King JrMerced, CA 95341#MC26173032

40 W 13th StreetMerced, CA 95341#MC25235639

Similar Home Values