About 940 K
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.
Features of 940 K
| MLS® # | MC26208516 |
|---|---|
| Price | $1,495,000 |
| Bedrooms | 2 |
| Bathrooms | 2.00 |
| Acres | 0.36 |
| Year Built | 1979 |
| Type | Residential Income |
| Sub-Type | Apartment |
| Status | Active |
Community Information
| Address | 940 K |
|---|---|
| City | Merced |
| County | Merced |
| Zip Code | 95341 |
Amenities
| Parking Spaces | 12 |
|---|---|
| Parking | Assigned |
| Garages | Assigned |
| Is Waterfront | No |
| Has Pool | No |
| Pool | None |
Interior
| Interior Features | All Bedrooms Up |
|---|---|
| Heating | Central |
| Cooling | Central Air |
| Has Basement | No |
| Fireplace | No |
| # of Stories | 2 |
| Stories | Two |
Exterior
| Lot Description | Near Park, Rectangular Lot |
|---|---|
| Foundation | Slab |
Additional Information
| Date Listed | September 24th, 2026 |
|---|---|
| Days on Market | 15 |
| Zoning | R-3-1.5 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Ernesto Ochoa |
|---|---|
| Office | Keller Williams Property Team |