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$1,495,000 Just Listed

  • For Sale
  • Active
  • Single Family
  • 4,320 Sq. Ft.
  • Updated 2 days ago
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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 Property Details for 940 K St

General

  • Price: $1,495,000
  • Status: Active
  • Type: Single Family
  • Source: METROLIST_Cali
  • MLS ID: 226120818
  • Updated: 9/25/2026
  • Added to Site: 2 day(s) ago

Interior

  • Flooring: Carpet

Rooms

Other Rooms

  • Laundry: In Common Area

Parking

  • Total Spaces: 10
  • Parking: Open

Location

  • Area: 20406
  • County: Merced
  • Cross Streets: 11th Street
  • Driving Directions: From Martin Luther King Jr. Way, turn onto W 11th St, turn left on K St.

School Information

  • School District: Merced
  • Elem School District: Merced City
  • Midd School District: Merced City
  • High School District: Merced Union High

Heating & Cooling

  • Cooling Type: Central
  • Heating Type: Central

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: City

Structural Information

  • Construction: See Remarks
  • Foundation: Slab
  • Stories/Levels: 2
  • Square Feet: 4,320
  • Sq. Ft. Source: Assessor Auto-Fill
  • Year Built: 1979

Unit Information

Unit 1

  • Bedrooms: 2

Lot Features

  • Lot Size (Acres): 0.3606
  • Lot Size (Sq. Ft.): 15,708
  • Irrigation System: Public District
  • Zoning: R-3-1.5
  • Lot Description: Shape Regular

Disclosures and Reports

  • Special Conditions: None
  • APN: 032-072-008-000

Listed by Keller Williams Merced

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Listing agent

— 940 K St —

  • Keller Williams Merced

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 940 K St

School Districts:Merced Union High School District, Merced City Elementary School District
NameGradesDistance
Don Stowell Elementary School
251 E. 11th St., Merced, CA 95340
K-60.5 mi
Tenaya Middle School, Merced, CA
760 W. Eighth St., Merced, CA 95340
7-80.4 mi
Merced High School
205 West Olive Avenue, Merced, CA 95348
9-121.9 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 940 K St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/25/2026
Listed
$1,495,000
15%
MLS
9/11/2023
Sold
$1,300,000
—
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 940 K St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$14,807
—
$1,360,920
2%
2025
$14,807
6%
$1,334,400
2%
2024
$14,001
134%
$1,308,400
136%
2023
$5,980
1%
$553,935
2%
2022
$5,904
—
$543,144
2%
2021
$5,892
-1%
$532,564
1%
2020
$5,939
2%
$527,140
3%
2019
$5,851
10%
$513,374
2%
2018
$5,340
-4%
$503,309
2%
2017
$5,543
2%
$493,441
2%
2016
$5,457
9%
$483,766
9%
2015
$5,012
7%
$445,628
7%
2014
$4,683
20%
$417,672
17%
2013
$3,894
—
$356,500
—
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.

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940 K Street, Merced, CA 95341 (MLS# 226120818) is a Single Family property with 0 bedrooms and 0 full bathrooms. 940 K Street is currently listed for $1,495,000 and was received on September 25, 2026. Want to learn more about 940 K Street? Do you have questions about finding other Single Family real estate for sale in Merced? You can browse all Merced real estate or contact a Coldwell Banker agent to request more information.

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