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$350,000

  • For Sale
  • Active
  • Single Family
  • 40 Sq. Ft.
See This Home
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Excellent income-producing investment opportunity in Gustine! Offered at $350,000 with an estimated 9.4% cap rate, this property features two established, long-term tenants generating $39,336 in annual rental income. Minimal landlord expenses and a strong rental history make this an attractive, low-maintenance investment with immediate cash flow.

Full Property Details for 198 W 5th St

General

  • Price: $350,000
  • Status: Active
  • Type: Single Family
  • Source: METROLIST_Cali
  • MLS ID: 226114574
  • Updated: 9/28/2026
  • Added to Site: 31 day(s) ago

Business

  • Business Type: Commercial, Other

Interior

  • Flooring: See Remarks

Additional Information

  • Other Features: None

Parking

  • Parking: Street

Location

  • County: Merced
  • Cross Streets: 2nd
  • Driving Directions: Hwy 33 to 2nd St to 5th St.
  • Location Details: Downtown

Heating & Cooling

  • Cooling Type: None
  • Heating Type: See Remarks

Utilities

  • Sewer: None
  • Water: See Remarks
  • Utility Description: None

Structural Information

  • Construction: See Remarks
  • Roof: Other
  • Stories/Levels: 0
  • Square Feet: 40
  • Year Built: 2000

Lot Features

  • Lot Size (Acres): 0.32
  • Lot Size (Sq. Ft.): 13,939
  • Irrigation System: None
  • Zoning: Commercial

Financial Considerations

  • Tenant Pays: Taxes, Insurance
  • Tenant Expense: Taxes, Insurance

Disclosures and Reports

  • Special Conditions: None
  • APN: 020-015-006

Listed by PMZ Real Estate

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Listing agent

— 198 W 5th St —

  • PMZ Real Estate

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 198 W 5th St

School District:Gustine Unified School District
NameGradesDistance
Gustine Elementary School
2806 Grove Avenue, Gustine, CA 95322
K-50.7 mi
Gustine Middle School
28075 Sullivan Road, Gustine, CA 95322
6-81 mi
Gustine High School
501 North Avenue, Gustine, CA 95322
9-120.3 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 198 W 5th St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/28/2026
Price Reduced
$350,000
-12.28%
MLS
9/15/2026
Price Reduced
$399,000
-9.11%
MLS
9/11/2026
Listed
$439,000
4290%
MLS
2/27/2024
Sold
$10,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 198 W 5th St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,395
—
$254,828
127%
2025
$1,395
40%
$112,200
53%
2024
$993
2%
$73,548
2%
2023
$973
2%
$72,106
2%
2022
$956
1%
$70,693
2%
2021
$943
1%
$69,307
1%
2020
$933
2%
$68,597
2%
2019
$918
2%
$67,252
2%
2018
$900
-2%
$65,934
2%
2017
$915
4%
$64,642
2%
2016
$879
6%
$63,375
2%
2015
$829
2%
$62,424
2%
2014
$809
—
$61,202
—
2013
$809
—
$60,926
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 198 W 5th St

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by PMZ Real Estate

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198 W 5th Street, Gustine, CA 95322 (MLS# 226114574) is a Single Family property with 0 bedrooms and 0 full bathrooms. 198 W 5th Street is currently listed for $350,000 and was received on September 11, 2026. Want to learn more about 198 W 5th Street? Do you have questions about finding other Single Family real estate for sale in Gustine? You can browse all Gustine real estate or contact a Coldwell Banker agent to request more information.

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