TJ Carpino - Coldwell Banker Commercial Real Estate Solutions Logo
$1,495,000
 $8,025 est/mo Sourced by Back At You

940 K,Merced, CA 95341

Merced, CA 95341

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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.

Details

MLS #MC26208516
Listing TypeFor Sale
StyleCondominium
Sub-TypeResale
StatusPending
Year1979
Days On Site49
Listing Provided ByKeller Williams Property Team | Ernesto Ochoa

Features

SQ Feet8,640
Story(s)2
Units10
Building(s)2
ZoningR-3-1.5
Acreage0.36

Interior

CoolingCentral Air
HeatingCentral
Heating Yes / NoYes
Cooling Yes / NoYes
Interior FeaturesAll Bedrooms Up

Exterior

Foundation DetailsSlab
Lot FeaturesNear Park, Rectangular Lot
FencingWood, Wrought Iron

Parking

Parking FeaturesAssigned
Garage Yes / NoNo

Utilities

SewerPublic Sewer

Location

Community FeaturesStreet Lights, Sidewalks, Park

Area Information

StateCA
CountyMerced
CityMerced
Zip Code95341
Listing VS Median (in 95341)
Price:
$1,495,000
low | high
Med:
$890,000
90.468227424749% of Average
sqft:
8,640
low | high
Med:
5,000
92.12962962963% of Average
$ / sqft:
$173
low | high
Med:
$178
47.129096989967% of Average
On site:
49
low | high
Med:
190
25.789473684211% of Average
Sourced by Back At You

Market Activity 95341

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Learn More About This Property

TJ Carpino

TJ Carpino

Coldwell Banker Commercial

01973938 (760) 403-0242tj.carpino@cbcinland.com
StateCA
CountyMerced
CityMerced
Zip Code95341
Listing VS Median (in 95341)
Price:
$1,495,000
low | high
Med:
$890,000
90.468227424749% of Average
sqft:
8,640
low | high
Med:
5,000
92.12962962963% of Average
$ / sqft:
$173
low | high
Med:
$178
47.129096989967% of Average
On site:
49
low | high
Med:
190
25.789473684211% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $1.121M - $1.868M
sqft: 6,000 - 10,500
Nearby Listings Property ImageNearby Listings Details
1029 Martin Luther King Jr Way Property Photo 1
$1,350,000
1029 Martin Luther King Jr Way
Merced, CA 95341
Listing Updated: November 6, 2026 at 12:07:45 PM PST

TJ Carpino - Coldwell Banker Commercial Real Estate Solutions